Chevrolet Equinox EV Total Cost of Ownership Calculator
The Chevrolet Equinox EV's cost of ownership over 7 years against a Toyota RAV4 Hybrid, with its big 85 kWh battery's wear modelled.
Updated · By Niraj Kumar · 6 sources
https://checkpre.com/energy/chevrolet-equinox-ev-total-cost-of-ownership
The cars
LT FWD starting price. Replace it with your quote.
Hybrid LE FWD, 44 mpg combined.
Where and how you charge
The rest is public fast charging. Most owners with a driveway charge 80-90% at home.
California residential average (EIA). Enter the all-in rate from your bill to override.
Driving
California average for regular (AAA).
Fine-tune
About 2% is typical; the loss slows after that. Hot climates and frequent fast charging push it up.
The federal credit ended for cars bought after 30 September 2025.
Set to 0 if you already have one or will use a standard outlet.
Assumed full coverage; replace both with quotes.
The Chevrolet Equinox EV costs 11.3¢ a mile to charge, against 14.1¢ a mile in gas for the Toyota RAV4.
- Chevrolet Equinox EV, total cost
- $61,148
- 72.8¢ a mile, all in
- Toyota RAV4, total cost
- $54,629
- 65.0¢ a mile, all in
- EV price premium repaid
- Not in 7 yrs
- from running savings, before resale
- Battery at the end
- 92%
- about 294 of 319 miles of range
- CO₂ avoided
- 7.2 tonnes
- at the US grid average
| Cost | Chevrolet Equinox EV | Toyota RAV4 |
|---|---|---|
| Purchase less resale | $28,107 | $19,469 |
| Charging or gas | $10,354 | $12,550 |
| Maintenance | $5,040 | $7,560 |
| Insurance | $16,800 | $15,050 |
| EV registration fees | $847 | $0 |
| Total | $61,148 | $54,629 |
Year-by-year costs and battery healthShowHide
| Year | Charging | Gas | Battery | Range | EV cost to date | Gas car cost to date |
|---|---|---|---|---|---|---|
| 1 | $1,357 | $1,688 | 98% | 311 mi | $19,057 | $12,584 |
| 2 | $1,399 | $1,722 | 96% | 308 mi | $27,897 | $20,407 |
| 3 | $1,439 | $1,756 | 95% | 305 mi | $35,376 | $27,626 |
| 4 | $1,478 | $1,792 | 95% | 302 mi | $42,195 | $34,562 |
| 5 | $1,519 | $1,827 | 94% | 299 mi | $48,705 | $41,214 |
| 6 | $1,560 | $1,864 | 93% | 296 mi | $54,905 | $47,903 |
| 7 | $1,602 | $1,901 | 92% | 294 mi | $61,148 | $54,629 |
How the Chevrolet Equinox EV Total Cost of Ownership Calculator works
TCO = Price × (1 + tax) − rebates + charger + Σ₍y₎ [energy₍y₎ + maintenance + insurance + fees] + interest − resale₍N₎This page uses the same method as the EV vs Gas Total Cost of Ownership Calculator, which explains each term and assumption in full.
Worked example
A Chevrolet Equinox EV LT FWD ($34,995) against a Toyota RAV4 Hybrid LE FWD ($31,900) in California, driven 12,000 miles a year for 7 years, paid in cash, charging 80% at home.
- 1Home electricity costs about 33.6¢ a kWh; with 20% fast charging at 48.0¢ the blend is 36.5¢
- 2At 31 kWh/100 mi the Chevrolet Equinox EV costs 11.3¢ a mile; at 44 mpg and $6.19 a gallon the Toyota RAV4 costs 14.1¢ a mile
- 3Buying costs $39,655 for the EV with tax and a home charger, against $34,781
- 4After 7 years the battery keeps about 92% of its capacity, and the cars would sell for about $11,548 and $15,312
Over 7 years the Chevrolet Equinox EV costs $61,148 to own and the Toyota RAV4 $54,629, so the gas car comes out $6,519 cheaper at these assumptions.
Frequently asked questions
How much range will an Equinox EV have after 7 years?
It starts at an EPA 319 miles. At the calculator's typical fade of 2% in the first year, slowing after that, plus mileage wear, it keeps about 294 miles after seven years and 84,000 miles. Try a faster rate in the calculator to see the effect on range and resale.
How much does it cost to charge a Chevrolet Equinox EV at home in California?
At California's average residential rate of 33.6¢ a kWh, filling the Chevrolet Equinox EV's roughly 85 kWh battery from empty costs about $29 before charging losses. At 31 kWh per 100 miles measured at the wall, 12,000 miles a year with 20% fast charging comes to about $1,357, or 11.3¢ a mile.
How much range does a Chevrolet Equinox EV lose in 7 years?
At 12,000 miles a year the model here expects the battery to keep about 92% of its capacity after 7 years, so the 319-mile EPA range becomes roughly 294 miles. Heat, frequent fast charging and keeping the battery at 100% speed this up; the retention curve is an assumption you can change.
Sources
- EIA Electric Power Monthly, Table 5.6.A: average residential price by state (July 2026) · checked
- AAA state gas price averages, regular unleaded (22 September 2026) · checked
- Tax Foundation, Electric Vehicle Taxes by State, 2026 · checked
- US DOE and EPA fuel economy data (fueleconomy.gov) · checked
- IRS, Clean vehicle credits: not available for vehicles acquired after 30 September 2025 · checked
- AFDC, State laws and incentives for electric vehicles · checked
Related calculators
- Chevrolet Equinox EV vs Toyota RAV4 Cost of OwnershipChevrolet Equinox EV or Toyota RAV4 Hybrid? Two similarly priced compact SUVs compared over 7 years on your own prices.
- EV vs Gas Total Cost of Ownership CalculatorCompare an electric car with a gas car over 7 years on your state's electricity and gas prices, your utility's EV rate, depreciation and battery wear.
- EV Charging vs Gas Cost Per Mile CalculatorWhat a mile costs in an electric car against a gas car, on your state's electricity and gas prices, with home and public fast charging mixed in.
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