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2024 Chevy Equinox EV Has An Ultra-Cheap Lease For Bolt Owners

2024 Chevy Equinox EV white color top view

Yesterday's price cut made the Chevy Equinox EV an excellent vehicle to lease. However, our analysis found that there's a hidden deal to be had. That's because a $3,000 incentive meant to keep Chevy Bolt owners from switching brands could make the Equinox EV one of the cheapest electric vehicles you can lease.

As we reported today, 2024 Chevy Equinox EV lease prices just fell nearly $140 per month. Thanks to a new deal for the LT trim, the fully electric Equinox can be leased for $379 for 36 months with $3,189 due at signing. But what you won't see advertised is that GM is continuing to offer Bolt owners a $3,000 incentive.

2024 Chevy Equinox interior

The Bolt loyalty discount debuted in April and remains available on all Equinox EVs. Interestingly, a bulletin sent to dealers doesn't even list a price for the Equinox LT EV with the $3,000 incentive. In the case of the better-equipped RS trim, GM says the price can be $92 per month cheaper after the Bolt loyalty discount.

Could this make the Equinox EV cost close to $379 with $0 due at signing? That's unclear, at least for now. If you happen to be a current Bolt owner or lessee, we suggest letting your dealer know to get the best price possible. In some circumstances, we think there's a good chance that you may get a killer deal right now.

Source: General Motors

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      Alex Bernstein Senior Pricing Analyst

      Alex has been writing about car buying and leasing for over a decade. Originally from San Francisco, Alex has a degree in History from the University of California, Santa Barbara, and has been a lifelong lover of cars. Alex’s work has been featured in publications such as Forbes, The Wall Street Journal, Motor Trend, and more.

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