Used 2020 Chevrolet Equinox for Sale nearRed Deer, AB

How much does the 2020 Chevrolet Equinox cost?

Prices have softened 17.49% compared to this time last year, making it a favourable time to shop this model year.

There are 302 listings available, which gives you a solid amount of inventory to compare before you buy.

Is the 2020 Chevrolet Equinox a good car?

Generally — the 4.2/5 user rating points to a well-liked used SUV. Owners most often praise its comfort, fuel economy, and value for money, and the Equinox’s roomy cabin makes it a sensible fit if you want an everyday compact SUV with practical space. It also suits you well if you prioritise a strong safety story and a straightforward, family-friendly layout over premium materials or standout performance. With 35.4% of listings marked as good or great deals, there is still meaningful value in the market.

Is the 2020 Chevrolet Equinox reliable?

Owners rate it 4.2/5, a solid signal of long-term satisfaction.

The owner feedback points to a vehicle that feels dependable in day-to-day use, with comfort and value showing up repeatedly in the praise. The broader model guidance also describes this generation as having a reputation for improved reliability compared with earlier versions, which is encouraging if you want a used SUV you can count on. For used buyers, the main long-term ownership risk is less about outright durability and more about finding one that has been maintained well and not worn down by heavy use.

Is now a good time to buy a used 2020 Chevrolet Equinox?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 35.4% of listings are priced as good or great deals.
• Inventory: There are 302 listings available.
• Price trend: Prices have softened 17.49% compared with last year.

If you find a listing below $17,693 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Equinox's resale value?

The current average of $17,721 CAD sits slightly below last year's $21,479 CAD.

That price movement suggests the Equinox has become more accessible for used buyers, but it also means a future seller may face a softer market than before. If you buy at today’s average, your resale position will depend heavily on condition, mileage, and maintenance history. The model’s practical cabin and broad appeal should help keep demand steady, especially among shoppers who want a sensible compact SUV rather than a luxury feel.

Vehicles with solid owner satisfaction ratings, like this model year's 4.2/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Chevrolet Equinox or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 35.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.49% compared with last year.
• Owners rate it 4.2/5 — a solid satisfaction signal.

The bottom line: The 2020 Equinox makes the most sense if you want a roomy, practical compact SUV with a strong value story and you can take advantage of today’s softer pricing. If you are especially price-sensitive, you may also want to compare nearby model years to see whether a lower asking price outweighs any differences in equipment or condition.

How does the 2020 Chevrolet Equinox compare to the 2020 GMC Terrain?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.