2026 Chevy Equinox EV Lease Is On The Pricy Side for May
The 2026 Chevrolet Equinox EV LT 2 with all-wheel drive is showing an estimated lease of $706 per month, with just $2,059 due at signing. For a dual-motor electric SUV with 319 miles of EPA-estimated range and nearly $10,000 in factory upgrades already on the sticker, the upfront commitment is remarkably low. Additional incentives for qualifying buyers could shave thousands more off the deal. The estimate is based on current programs running through early June. Here are the numbers.
The 2026 Chevrolet Equinox EV Lease Deal
This is an estimated lease, not an official Chevrolet national program, so actual terms will vary by location and credit profile. The vehicle is a 2026 Equinox EV LT 2 with Dual Motor AWD, carrying a dealer price of $42,060. That figure includes $9,105 in installed upgrades, including the Dual Motor AWD system ($3,300) and a NACS DC fast-charging adapter ($275).
The estimated monthly payment is $706 for 36 months. Due at signing is $2,059, which includes the first month's payment and applicable fees. No security deposit is required. The mileage allowance is 12,000 miles per year. Taxes, title, registration, and government fees are excluded. The estimate is based on programs valid through June 2, 2026, and requires credit approval.
Two additional incentives are available for qualifying buyers. An Early Lease Termination offer of $4,000 applies if you're exiting a current lease, and a $1,250 Conquest offer is available to buyers from a competing brand. Both expire June 2, 2026. If you qualify for both, the combined $5,250 in additional savings could meaningfully reduce the effective cost.
What You're Getting
The Equinox EV LT 2 with Dual Motor AWD is the version of Chevrolet's electric compact SUV that checks the most boxes for everyday buyers. The dual-motor setup produces 288 horsepower and sends power to all four wheels, and the 319-mile EPA-estimated range puts it among the longest-range options in the affordable EV segment. Home charging on a 240-volt outlet takes approximately 9.5 hours for a full charge, and the included NACS DC adapter ensures compatibility with Tesla's Supercharger network for road trips.
Inside, the LT 2 trim features leatherette seating with blue accents, and the cabin carries Chevrolet's latest infotainment system with a wide display. Combined MPGe of 108 translates to an estimated $71 per month in energy costs, compared to roughly $254 for the average gas-powered SUV. The battery is covered by an 8-year/100,000-mile warranty. The maximum towing capacity is 1,500 pounds.
The Bottom Line
This lease fits the buyer who wants to go electric without a massive upfront commitment. The $2,059 at signing is one of the lowest entry points we've seen on an AWD electric SUV this month, and the 319-mile range eliminates the anxiety that keeps many shoppers away from EVs. The $706 monthly payment is on the higher side for a vehicle in this price range, but qualifying for the Early Lease Termination or Conquest incentives could bring that effective cost down considerably. If you're leaving another brand or exiting a current lease, this deal gets significantly more compelling. The estimate runs through June 2, so move quickly.
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This story was originally published May 15, 2026 at 10:00 AM.