2026 Chevrolet Equinox EV vs gas: is the EV worth it?
EV LT 1 FWD vs LT FWD
No. Does not pay back in 6 years.
7.9years to pay back
- EV: $6,195 more. Saves $788 a year.
- Break-even: 94,300 miles.
- No gas trim with the same name. Cheapest gas 2WD trim used.
- 12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh.
Every EV pair
| Pair | MSRP | Rating | Energy a year | Price gap | Saves a year | Payback | Ahead after 6 years |
|---|---|---|---|---|---|---|---|
| EV LT 1 FWD LT FWD | $34,995 $28,800 | 31.1 kWh/100 mi 27 mpg | $634 $1,422 | $6,195 | $788 | 7.9 years | Gas, $1,465 |
| EV 4dr LT1 w/PCY FWD LT FWD | $34,995 $28,800 | 31.1 kWh/100 mi 27 mpg | $634 $1,422 | $6,195 | $788 | 7.9 years | Gas, $1,465 |
| EV LT 1 AWD LT AWD | $40,295 $30,800 | 103 MPGe 26 mpg | $668 (estimated from MPGe) $1,477 | $9,495 | $809 | 11.7 years | Gas, $4,639 |
| EV LT 2 FWD LT FWD | $41,795 $28,800 | 31.1 kWh/100 mi 27 mpg | $634 $1,422 | $12,995 | $788 | 16.5 years | Gas, $8,265 |
| EV 4dr LT2 w/PDE FWD LT FWD | $41,795 $28,800 | 31.1 kWh/100 mi 27 mpg | $634 $1,422 | $12,995 | $788 | 16.5 years | Gas, $8,265 |
| EV RS FWD RS FWD | $44,095 $33,600 | 31.1 kWh/100 mi 27 mpg | $634 $1,422 | $10,495 | $788 | 13.3 years | Gas, $5,765 |
| EV LT 2 AWD LT AWD | $45,095 $30,800 | 103 MPGe 26 mpg | $668 (estimated from MPGe) $1,477 | $14,295 | $809 | 17.7 years | Gas, $9,439 |
What changes the answer
- Gas price for a 6-year payback: $3.75.
- Miles a year for a 6-year payback: 15,700.
What you give up
| Measure | EV | Gas | Change |
|---|---|---|---|
| Max towing | 1,500 lb | 800 lb | +700 lb |
| Cargo, seats up | 29.8 cu ft | 29.8 cu ft | about the same |
| Cargo, seats down | 57.2 cu ft | 63.5 cu ft | -6.3 cu ft |
What this cannot tell you
Incentives, insurance, upkeep and resale are not included.
Your own mpg will differ.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree