Chevy Equinox EV Financing Now Under 0% APR Until March 3

PAPILLION, Nebraska — The 2024 Chevy Equinox EV is now available for financing at an enticing 0% APR, offering potential customers savings of up to $8,500. This limited-time promotion positions the electric SUV as more cost-effective to purchase than its gas-powered counterpart.

Chevrolet, which touts the electric Equinox as “the most affordable” model in its class, announced that the financing offer will be active until March 3. This marks the lowest financing rate since the Equinox EV’s market introduction. Alongside the 0% financing for 60 months, Chevy is providing a $1,000 trade-in cash bonus to eligible buyers.

Combining this bonus with the $7,500 federal tax credit allows buyers to potentially save a total of $8,500. The base model of the 2024 Equinox EV starts at $43,295, enabling buyers to acquire one for under $35,000 after savings. Compared to previous financing rates, this current offer amounts to over a $5,000 price reduction on a 7-year, $45,000 loan.

The Equinox EV is also available for lease at a competitive rate of $299 per month for 24 months, with an initial payment of $3,169. This pricing translates to an effective monthly rate of approximately $431.

Chevy’s 0% APR promotion extends to its entire lineup of 2024 electric vehicles, including the Blazer and Silverado EV. Although the Equinox EV stands out for its affordability, consumers have additional options in the market worth considering. The 2024 Hyundai IONIQ 5 is competitively priced at $159 per month for 24 months, with $3,999 due upfront. Honda‘s Prologue is offered at an even lower rate of $209 per month for 24 months and a $2,699 down payment. Tesla‘s Model Y, a popular choice, is available for $299 per month over 36 months with an initial payment of $2,999, bringing the effective monthly cost down to around $382.

As the electric vehicle (EV) market continues to expand, these enticing financing options may help potential buyers make a swift transition to electric driving. Interested consumers are encouraged to explore available deals on electric vehicles in their local areas.