Is the Chevrolet Equinox lease a good deal?

Advertised at $299/mo, the Chevrolet Equinox truly costs about $375/mo once the $3,049 due at signing is spread across the 36-month term. We grade it B+.

What is the real monthly cost of the Chevrolet Equinox lease?

About $375 per month, versus the $299 advertised payment.

Chevrolet Equinox Lease Deals: $299/mo, True Cost $375/mo (November 2026)

Name: Chevrolet Equinox lease
Brand: Chevrolet
Price: 299 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$299/mo

Due at signing$3,049

Term36 months

True cost$375/mo

GradeB+

Offer endsNovember 30, 2026

vs rivals: Subaru Forester $390/mo · Mazda CX-50 $380/mo · Mazda CX-5 $371/mo

All 41 small SUVs with a lease, ranked →

B+

Deal grade

Advertised

$299/mo

True cost

$375/mo

Graded on true cost as a percent of MSRP, against other small SUVs. This lease is 1.21%. How we grade

How $299 becomes $375

The ad says $299 a month, and it also asks for $3,049 at signing.
$299 of that is your first payment. The other $2,750 is extra money that you pay up front.
Spread across the 36 months of the lease, $2,750 is $76 a month.

$299advertised payment

$76up-front money, each month

$375true cost a month

$3,049

Due at signing

36 mo

Term

$13,514

Total cost

1.21%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2027 2WD LT MSRP $30,995	$299	$3,049	36 mo	$375	B+
2027 2WD LT MSRP $30,995	$229	$6,990	24 mo	$511	F

The math for the 2027 2WD LT

Due at signing, with payment 1 in it: $3,049
35 more payments of $299: $10,465
Total for 36 months: $13,514
True cost each month: $375
Cost for each mile, with 30,000 miles allowed: $0.45

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

B+

Deal grade

Advertised

$299/mo

True cost

$375/mo

Graded on true cost as a percent of MSRP, against other small SUVs. This lease is 1.21%. How we grade

How $299 becomes $375

The ad says $299 a month, and it also asks for $3,049 at signing.
$299 of that is your first payment. The other $2,750 is extra money that you pay up front.
Spread across the 36 months of the lease, $2,750 is $76 a month.

$299advertised payment

$76up-front money, each month

$375true cost a month

$3,049

Due at signing

36 mo

Term

$13,514

Total cost

1.21%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2027 2WD LT MSRP $30,995	$299	$3,049	36 mo	$375	B+
2027 2WD LT MSRP $30,995	$299	$3,049	36 mo	$375	B+
2027 2WD LT MSRP $30,995	$229	$6,990	24 mo	$511	F

The math for the 2027 2WD LT

Due at signing, with payment 1 in it: $3,049
35 more payments of $299: $10,465
Total for 36 months: $13,514
True cost each month: $375
Cost for each mile, with 30,000 miles allowed: $0.45

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

B+

Deal grade

Advertised

$299/mo

True cost

$375/mo

Graded on true cost as a percent of MSRP, against other small SUVs. This lease is 1.21%. How we grade

How $299 becomes $375

The ad says $299 a month, and it also asks for $3,049 at signing.
$299 of that is your first payment. The other $2,750 is extra money that you pay up front.
Spread across the 36 months of the lease, $2,750 is $76 a month.

$299advertised payment

$76up-front money, each month

$375true cost a month

$3,049

Due at signing

36 mo

Term

$13,514

Total cost

1.21%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2027 2WD LT MSRP $30,995	$299	$3,049	36 mo	$375	B+

The math for the 2027 2WD LT

Due at signing, with payment 1 in it: $3,049
35 more payments of $299: $10,465
Total for 36 months: $13,514
True cost each month: $375
Cost for each mile, with 30,000 miles allowed: $0.45

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

B+

Deal grade

Advertised

$259/mo

True cost

$371/mo

Graded on true cost as a percent of MSRP, against other small SUVs. This lease is 1.20%. How we grade

How $259 becomes $371

The ad says $259 a month, and it also asks for $4,299 at signing.
$259 of that is your first payment. The other $4,040 is extra money that you pay up front.
Spread across the 36 months of the lease, $4,040 is $112 a month.

$259advertised payment

$112up-front money, each month

$371true cost a month

$4,299

Due at signing

36 mo

Term

$13,364

Total cost

1.20%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2027 2WD LT MSRP $30,995	$259	$4,299	36 mo	$371	B+
2027 2WD LT MSRP $30,995	$229	$6,991	24 mo	$511	F

The math for the 2027 2WD LT

Due at signing, with payment 1 in it: $4,299
35 more payments of $259: $9,065
Total for 36 months: $13,364
True cost each month: $371
Cost for each mile, with 30,000 miles allowed: $0.45

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

How the Chevrolet Equinox lease changed

Since October 12, 2026, the true cost went down by $35 a month, from $410 to $375.

October 12, 2026: $299/mo, $4,299 due, 36 mo: $410
October 17, 2026: $299/mo, $4,299 due, 36 mo: $410
October 31, 2026: $299/mo, $4,299 due, 36 mo: $410
November 5, 2026: $299/mo, $3,049 due, 36 mo: $375
November 11, 2026: $299/mo, $3,049 due, 36 mo: $375

Each line is the best offer where most regions share it, on the day that we collected the offers.

How it ranks among small SUVs

The Chevrolet Equinox has the 9th lowest true cost of 41 small SUVs with an advertised lease this month. The lowest is the Mazda CX-30 at $316 a month.

The middle true cost in the class is $411 a month, and the Chevrolet Equinox costs $36 less. Each month it costs 1.21% of its MSRP, and the middle of the class is 1.33%.