By Colin Ryan
Updated January 30, 2025
There must be a way to make the 2023 Equinox more attractive. After all, compact SUVs are big sellers. Some even have all-wheel drive as standard, while others offer 10-year/100,000-mile powertrain warranties.
Yet it seems that Chevrolet is happy enough for the Equinox, which debuted for the 2018 model year, to languish in the “just OK” backwaters of the class. Pricing is fairly reasonable, but to acquire most of the desirable convenience and safety features means buying the most expensive trim, or at least hitting the options list quite hard.
Driver appeal is hardly an attribute. The Equinox receives a boost of just five horsepower this year. Strong resale values? Honda, Toyota and Subaru have all that sewn up.
There are Chevrolet fans, folks who have grown up in families where driving a Chevy was just the choice everyone made. For those people, they’ll probably be OK with a new Equinox SUV. But plenty of rivals have more going for them.
2023 Chevrolet Equinox pricing starts at $20,991 for the Equinox LS Sport Utility 4D, which had a starting MSRP of $27,695 when new. The range-topping 2023 Equinox Premier Sport Utility 4D starts at $25,386 today, originally priced from $33,220.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$27,695 | $20,991 | |||
$28,795 | $22,016 | |||
$31,795 | $24,669 | |||
$33,220 | $25,386 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Chevrolet Equinox models in typical condition when purchasing from a dealership. These prices are updated weekly.
Mechanical changes to the 2023 Equinox compact SUV include a small increase in engine output, and the brakes are upgraded with an electronic booster — not that we had any complaints about last year’s brake system.
There are really no complaints at all regarding how the Chevy Equinox drives. Everything works the way it should, even if the engine is never going to blow off many socks. And wisely, the suspension is tuned for day-to-day comfort instead of the occasional back-road blast. Maximum towing ability is 3,500 pounds.
One minor tweak for the 2023 Equinox SUV is a wrapped steering wheel, which is optional in the RS and standard in the Premier trim. Because Chevy has not mentioned “leather” in the same sentence, let’s assume this wrapping is the simulated stuff.
Cloth upholstery is employed in the LS and LT, with the RS ad Premier gaining perforated leather. A 7-inch infotainment touchscreen is another aspect of the lower trims, with an 8-inch version offered as an option, or part of the Premier trim’s standard inventory.
A new Safety and Infotainment package for the LT and RS versions brings adaptive cruise control, 360-degree camera system, 8-inch infotainment display, navigation, and (for some reason) a heated steering wheel.
This is technically a 5-seater compact SUV, but that middle spot in the back row is not going to be popular with anyone. Rear legroom, however, is 39.9 inches, which is great for the class.
Cargo space isn’t so impressive, with 29.6 cubic feet opening out to 63.9 cubic feet when the rear seats are folded. But owners should still be able to squeeze in plenty of luggage or whatever else they’d like to transport.
The exterior design of the 2023 Equinox says more about this compact SUV than it probably ever intended. It’s kind of alright. Which is the score the Equinox achieves in virtually every category.
The base LS comes with 17-inch alloy wheels as standard, and every version has LED headlights. A new optional Midnight Edition cosmetics package for the LS adds black exterior elements, including 18-inch alloy wheels.
The range gains some new colors this year: Radiant Red Tintcoat, Sterling Gray Metallic, and Harvest Bronze Metallic.
1. Wireless Apple CarPlay/Android Auto
Standard across the lineup, this means integrating a smartphone without having to first fumble around in pockets or purses.
2. User-friendly infotainment system
Chevrolet’s setup is easy and intuitive. And it comes with Wi-Fi as standard.
3. All-wheel drive
Admittedly, this is a common option across the compact SUV class — the Mazda CX-50 and Subaru Forester even have it as standard. But it isn’t just winter where the traction and grip of all-wheel drive can be appreciated.
4. OnStar
This provides things like emergency service calling, roadside assistance, and vehicle diagnostics. A 5-year subscription is included with every new Equinox SUV.
5. Hands-free tailgate operation
The wave of a foot near the sensor (under the rear bumper) will activate the tailgate’s opening. Sadly, this is included only with the top Premier trim. It’s not until RS trim that a powered tailgate becomes available.
6. Safety Alert Seat
With a vibrating seat cushion, it warns drivers of approaching hazards. Something coming from the left would set off the left side of the seat and vice versa. Exclusive to the Premier trim.
A little upgrade for the one engine in the Chevy Equinox SUV range brings a modest boost of five horsepower. Output is now 175 horsepower, going through a 6-speed automatic transmission. Torque stays at 203 lb-ft.
Front-wheel drive (FWD) is standard, all-wheel drive (AWD) is optional.
Regular gasoline is acceptable. These fuel economy estimates from the Environmental Protection Agency (EPA) relate to 2022, but there shouldn’t be any significant differences in 2023.
1.5-liter turbocharged inline-4
175 horsepower @ 5,600 rpm
203 lb-ft of torque @ 2,000-4,000 rpm
EPA city/highway fuel economy: 26/31 mpg (FWD), 25/30 mpg (AWD)
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $27,695 | $27,695 | ||
2024 | $6,645 | $21,050 | $18,237 | ||
Now | $1,158 | $19,892 | $17,142 |
Unlock Forecast
2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
Already Own This Car?
Curb Weight | 3274 lbs. | ||
---|---|---|---|
Fuel Capacity | 14.9 gallons | ||
Front Head Room | 40.0 inches | ||
Front Leg Room | 40.9 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 183.1 inches | ||
Front Shoulder Room | 57.2 inches | ||
Towing Capacity, Maximum | 1500 lbs. | ||
Trunk or Cargo Capacity | 63.9 cu.ft. | ||
Turning Diameter | 37.4 feet | ||
Wheel Base | 107.3 inches | ||
Gross Vehicle Weight Rating (GVWR) | 4464 lbs. |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
LED Headlights | Available |
City | 26 mpg | ||
---|---|---|---|
Highway | 31 mpg | ||
Combined | 28 mpg |
Drivetrain | FWD | ||
---|---|---|---|
Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Regular | ||
Parking Assist System | Available |
Horsepower | 175 @ 5600 RPM | ||
---|---|---|---|
Torque | 203 @ 2000 rpm | ||
Engine | 4-Cyl, Turbo, 1.5 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 3 years / 36000 miles |
Chevy Safety Assist
This collection of driver assistance features is standard in every new Chevy Equinox compact SUV. It provides forward collision warning with automatic emergency braking, pedestrian detection, and a following distance indicator.
Side Blind Zone with Rear Cross Traffic Alert
In other words, blind-spot monitoring. This is optional in all but the Premier trim, where it finally becomes standard. And buyers are obliged to select the Driver Confidence II package (front/rear parking sensors) as well.
Driver Confidence III package
Offered as an option only with the Premier trim, this includes a 360-degree camera system, adaptive cruise control, and automatic parking assistance (it takes care of steering into and out of parallel and perpendicular spaces, while the driver does the rest). This is only available once the buyer has also gone for heated/ventilated front seats and heated outboard rear seats.
Used 2023 Chevrolet Equinox | Used 2023 Subaru Forester | Used 2023 Kia Sportage | Used 2023 Hyundai Tucson | ||
---|---|---|---|---|---|
Price | $20,991 | $26,943 | $25,594 | $24,506 | |
KBB.com Rating | 4.0 | 4.3 | 4.6 | 4.4 | |
Consumer Rating | 3.9 | 4.4 | 3.9 | 4.2 | |
Fuel Economy | City 26/Hwy 31/Comb 28 MPG | City 26/Hwy 33/Comb 29 MPG | City 25/Hwy 32/Comb 28 MPG | City 25/Hwy 32/Comb 28 MPG | |
Fuel Type | Gas | N/A | N/A | N/A | |
Safety Rating | N/A | 5.0 | N/A | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 5 years or 60000 miles | 5 years or 60000 miles | |
Horsepower | 175 @ 5600 RPM | 182 @ 5800 RPM | 187 @ 6100 RPM | 187 @ 6100 RPM | |
Engine | 4-Cyl, Turbo, 1.5 Liter | 4-Cyl, 2.5 Liter | 4-Cyl, GDI, 2.5 Liter | 4-Cyl, GDI, 2.5 Liter | |
Drivetrain | FWD | AWD | FWD | FWD |
There’s an affordability crisis in the car industry. But Chevrolet is pushing back. As interest rates have soared, automakers concluded…
Car safety technology keeps advancing. To keep pace, one of America’s major car safety watchdogs keeps coming up with tougher…
Americans bought more than 15 million cars in 2023 — not quite back to pre-pandemic levels (which sometimes approached 17…
Pricing for the 2023 Equinox compact SUV starts at $26,300 and goes up to $31,500. This is all before options and destination charges.
There are so many excellent compact SUVs these days, that even being a good SUV like the 2023 Equinox doesn’t seem quite enough.
All wheel-drive is available in the 2023 Chevy Equinox SUV at every trim level.
Yes, the 2023 Chevrolet Equinox is a good car. Its Kelley Blue Book rating of 4 out of 5 is within 10% of our average rating.
The 2023 Chevrolet Equinox is rated to return city/highway fuel economy of 26/31 mpg.
Used 2023 Chevrolet Equinox prices currently range from $20,991 for the LS Sport Utility 4D to $25,386 for the Premier Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Chevrolet Equinox is the LS Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $20,991.
The 2023 Chevrolet Equinox is part of the 3rd-generation Equinox, which our owners give an above-average reliability rating of 4 out of 5.