2024 Chevrolet Equinox: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Chevrolet Equinox costs $41,490 to own over 5 years, or $692/month. The biggest expenses are depreciation ($15,150) and insurance ($10,140).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$41,490
$692/month • $1/mile
Cost Breakdown
Depreciation$15,150 (37%)
Insurance$10,140 (24%)
Fuel/Energy$8,250 (20%)
Maintenance$2,460 (6%)
Financing$5,130 (12%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,757 | $2,028 | $1,650 | $492 | $9,927 |
| Year 2 | $2,348 | $2,028 | $1,650 | $492 | $6,518 |
| Year 3 | $2,348 | $2,028 | $1,650 | $492 | $6,518 |
| Year 4 | $2,348 | $2,028 | $1,650 | $492 | $6,518 |
| Year 5 | $2,348 | $2,028 | $1,650 | $492 | $6,518 |
Key Facts
1-Year Depreciation
19% ($5,757)
5-Year Depreciation
50% ($15,150)
Annual Repair Cost
$618
Annual Maintenance
$492
These are estimates based on state averages. Your exact rate depends on your specific profile.
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