Electric Alternative to the Chevrolet Equinox
2024 Chevrolet Equinox · 29 mpg combined · $32,000 MSRP
What your Chevrolet Equinox costs to run
3 EVs that fit
Ranked by total 5-year cost savings vs your Chevrolet Equinox.
Chevy Equinox EV
280 mi range · MSRP $34,995
| Cost (5 years) | Chevy Equinox EV | Chevrolet Equinox | EV saves |
|---|---|---|---|
| Fuel | $2,760 | $6,620 | +$3,860 |
| Maintenance | $2,600 | $6,000 | +$3,400 |
| Insurance | $9,500 | $8,500 | -$1,000 |
| Depreciation | $16,798 | $13,440 | -$3,358 |
| 5-yr running total | $31,658 | $34,560 | +$2,902 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
Volkswagen ID.4
206 mi range · MSRP $38,995
| Cost (5 years) | Volkswagen ID.4 | Chevrolet Equinox | EV saves |
|---|---|---|---|
| Fuel | $3,020 | $6,620 | +$3,600 |
| Maintenance | $2,600 | $6,000 | +$3,400 |
| Insurance | $9,750 | $8,500 | -$1,250 |
| Depreciation | $20,277 | $13,440 | -$6,837 |
| 5-yr running total | $35,647 | $34,560 | -$1,087 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
Tesla Model Y
320 mi range · MSRP $43,990
| Cost (5 years) | Tesla Model Y | Chevrolet Equinox | EV saves |
|---|---|---|---|
| Fuel | $2,540 | $6,620 | +$4,080 |
| Maintenance | $2,900 | $6,000 | +$3,100 |
| Insurance | $11,750 | $8,500 | -$3,250 |
| Depreciation | $19,356 | $13,440 | -$5,916 |
| 5-yr running total | $36,546 | $34,560 | -$1,986 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
What actually changes when you switch
You pay less for
- ✓ Fuel — electricity is 3–4× cheaper per mile than gas at current prices
- ✓ Oil changes — EVs don't have them
- ✓ Brake jobs — regenerative braking extends pad life
- ✓ Transmission service — no transmission
You pay more for
- ○ Purchase price — most EVs cost $5K–$15K more upfront
- ○ Insurance — EVs cost 10–25% more to insure on average
- ○ Home charger — Level 2 install runs $800–$1,500
- ○ Tire replacement — heavier EVs can wear tires faster