Best Chevy Equinox EV Lease Specials & Deals

The 2025 Chevrolet Equinox EV is a compact SUV that includes adaptive cruise control, built-in Wi-Fi, and forward collision alert. Leasing the Chevrolet Equinox EV can be a good option thanks to the variety of offers, options, and lease packages. The estimated average lease payment for the Chevrolet Equinox EV is $425 per month, with a $2,000 due at signing, for a 36-month term and a 12,000-mile limit. The estimated average monthly payments for the same lease, but with 24- or 48-month terms, are $462 and $408 per month, respectively.

Equinox EV Lease Specials & Deals

The 2025 Chevrolet Equinox EV is available for lease with a variety of offers and incentives. Lease options range from $199 to $425 per month, with varying down payments and lease terms. Some offers include a $7,500 federal tax credit for eligible buyers, which can be applied at the time of sale.

Chevrolet Equinox EV Lease Options

Miles/Year	24 months	36 months	48 months
10,000	$448/mo	$417/mo	$401/mo
12,000	$462/mo	$425/mo	$408/mo
15,000	$476/mo	$443/mo	$427/mo
18,000	–	–	–

July 2025 Chevrolet Equinox EV Lease Highlights

Manufacturer Offer: $289/month LT 2WD

Offer: $289/month for a 24-month lease on the 2025 EquinoxEV LT 2WD

Due at signing: $3,909 (includes fees and first month)

Availability: Nationwide through August 4, 2025, for qualified lessees.

Perks: Add a Costco Executive incentive: $1,250 for members, $1,000 for non-members.

Low Monthly Insider Promotion: Less than $10/month

Unbeatable offer: From $7–$10/month on an EquinoxEV LT with a $2,500 down payment.

Terms: Lease originates from select dealers (e.g., a Washington, D.C., dealership), combining discounts, incentives, and end-of-quarter discounts. Pricing

Note: These “absurdly low” offers depend largely on regional and dealer availability. Ask explicitly!

TrueCar Market Average: $401–425/month

General Lease Range:

$425/month for a 36-month lease (12,000 miles/year, $2,000 due at signing)

$401/month for a 48-month lease (10,000 miles/year, $2,000 due at signing)

Disclosure: Typical pricing for less aggressive lease buyers.

Combined Financing and Incentives

0% APR Financing: Up to 60 months at 0% APR for buyers through GM Financial (not compatible with leases).

Federal Electric Vehicle Credit: $7,500 Federal Clean Vehicle Tax Credit, valid through September 30, 2025. Apply at the dealership at the time of sale.

Costco Offer: $1,250 (Executive) / $1,000 toward lease or purchase.

Deal Type	Monthly Payment	Term	Due at Signing	Notes
Manufacturer Lease	$289/mo	24 mo	$3,909	LT 2WD trim, Costco incentive available
Dealer Promo (Select)	~$7–10/mo	~36 mo	$2,500	U.S.-specific, extremely limited
Market Avg (TrueCar)	$401–425/mo	36–48 mo	$2,000	Reflects regional average pricing

Tips for Getting the Best Deal

1. Start with the manufacturer’s lease: Look for the $289/month or $3,909 offer and take advantage of the Costco incentive.
2. Look for ultra-low lease deals: Search local dealer inventory, ask about “$7/month” deals, and be prepared to act quickly.
3. Check the federal credit application: Not all dealers include the $7,500 credit in the lease; some consumers reported that applying was easy when they persisted.
4. Choose carefully between leasing or buying: Financing options with a 0% APR can result in a lower long-term cost, depending on mileage and your ownership goals.
5. Act before August 4, 2025: Most of these incentives expire the first week of August; timing is of the essence.

Price Analysis

I know that seems practically impossible for any car, let alone an electric vehicle, so let’s see what exactly is going on to understand this incredible offer.

The full retail price of the Equinox EV I found above was $45,090 after options and delivery. However, the dealership has the vehicle listed at a substantial discount of $36,974. (Presumably, this includes the $7,500 EV tax credit, among other discounts.) In addition to these discounts, GM is offering a $1,750 cash lease bonus and a $1,250 discount for Costco Executive Members. After the $2,500 down payment, the total adjusted capitalized cost (the agreed-upon value of the vehicle for lease purposes) comes to $32,669 before applying additional incentives for other sectors, such as educators, healthcare professionals, college graduates, military personnel, and first responders.

Here’s where things get interesting. The estimated monthly cost? A whopping $4.41 per month.

No, that’s not a typo. And no, it’s not the only affordable Equinox EV or Blazer EV currently available (although it is the cheapest I could find in the Northeast and Mid-Atlantic regions). The lease term itself is 24 months and 10,000 miles per year, though you can adjust the length, mileage, and down payment to add a little extra to the monthly bill.

There are also excellent deals on the Chevy Blazer EV, although not as cheap as the Equinox EV. The cheapest Blazer LT AWD in the Washington, D.C., metro area costs around $24 per month, although only a few are available before skyrocketing to over $100. There appear to be similar deals on Equinox EVs and Blazer EVs nationwide, although prices vary by state and dealership. As always, we recommend requesting written quotes from several dealerships before purchasing in person.

What You See Is What You Get

Other similar vehicles can be found for monthly costs ranging from $9 to well under $100. In fact, I counted 27 vehicles within 100 miles of Washington, D.C. that were available for lease for less than $100 per month, all with a similar down payment of around $2,500.

However, this is not a national clearance sale. Availability varies by metro area. For example, the cheapest leases in Atlanta and Chicago come in at just under $160 per month, while in Los Angeles, at least one vehicle is available for $82 per month. Meanwhile, in Austin, units are available for $34 per month. So you may not get such an attractive deal in your area, but shopping around could be beneficial.

Keep in mind that the down payment adds the equivalent of about $104 per month to the cost, so the $4.41 per month lease actually costs you about $108.58. Still, it’s a steal for a new electric vehicle.

Let’s say you’re not that keen on leasing, no problem.

If you prefer to buy the electric vehicle outright, the same Equinox EV will cost you only $25,098.74, a discount of almost $20,000 off the retail price. With the same $2,500 down payment, you’d have a monthly payment of approximately $425 with 5% interest. I’m not pressuring you to go out and buy a new car. Panic buying isn’t the best way to buy anything, but you must take delivery of the car before the end of the quarter (today) to qualify for all these lease incentives. So, if you’re interested and ready to take the plunge, this Equinox EV lease offer might be just what you’re looking for.

My Experience Leasing a Chevy Equinox EV

I rented a 2025 Sterling Silver Chevy Equinox EV (with a gray interior) for a week through Enterprise at the Fort Lauderdale airport last April. The employees were still learning, but one of them was very knowledgeable and asked me two important questions: if I knew how to start it (by accelerating from the inside with the fob nearby) and if I knew how to turn it off (using the fob or by pressing the correct icon on the screen). I answered both questions.

Driving it was like driving my own 2009 Equinox, but much quieter and smoother. Later, I was able to connect my Samsung phone to the vehicle, so I could make and answer calls just like I do with my Ford Fusion. In short, it’s very easy to learn how to use the Equinox EV properly after reading the owner’s manual, which I did.

All of my passengers, including my wife, sister-in-law, and uncle (who drove GM sports cars in the 1960s and 1970s), loved it. They were impressed by the large horizontal information screen and its (almost 3D) navigation features.

I hope more travelers rent the Equinox EV and, thus, have a positive driving experience, and then decide to buy or lease it.

2025 Chevrolet Equinox EV Lease FAQs

Conclusion

If you qualify and time it right, you can lease a 2025 Equinox EV LT for as little as $289 per month, with the possibility of dropping that figure to single digits at select dealerships. Be sure to confirm your federal credit application, stack incentives, and act before the early August deadlines.