The Chevy Equinox EV is already “the most affordable” EV in its segments with over 315 miles range. However, Chevy has just introduced a new deal on its Equinox and Blazer EV models to make them more affordable. By offering 0% interest and a new trade-in bonus.
Chevy launched new deals on the 2024 Equinox and Blazer EV models earlier this week. According to a note sent to dealers, viewed by CarsDirect, the electric SUVs are now available with 0% APR financing for 60 months. You can also choose from 0.9% months, and 5.9% for the longer 84-month option.
This is the most competitive financing offer yet for Chevy’s latest EVs. Previously, rates were set at 0.9% APR for 60 months, 3.9% for 72 months, and 5.9% for 84 months.
According to CarsDirect, these new rates translate to approximately $5,200 in savings on a 7-year $45,000 loan. The reduced APR rates are already available for the Chevrolet Silverado EV pickup.
The brand is also offering a trade-in bonus of up to $3,000 on the Silverado EV and $1,000 on the electric Equinox and Blazer models. Or if one choose to lease, the bonus is cut in half: $1,500 for the Silverado and $500 for the electric SUVs.
Chevy’s latest EV promotions kicked off on January 14 and will run until March 3, 2025. These offers arrive as competitors like Hyundai and Ford roll out their own new EV incentives.
Hyundai launched a new promo on the upgraded 2025 IONIQ 5, which includes monthly leases as low as $199 and a free ChargePoint home EV charger (or $400 charging credit). Other hand, Ford also expanded its “Power Promise” program earlier tis month, which also includes a free home charger, among several other benefits.
The 2024 Chevy Equinox EV is priced starting at $41,900 and offers a range of up to 315 miles. Meanwhile, the electric Chevy Blazer begins at $43,690, providing a range of up to 279 miles.
