Used 2020 Chevrolet Equinox for SaleNationwide

How much does the 2020 Chevrolet Equinox cost?

Prices have softened 17.59% compared to this time last year, making it a favourable time to shop this model year.

There are 300 listings available, which gives you a decent amount of choice when comparing prices and equipment.

Is the 2020 Chevrolet Equinox a good car?

Generally — the 4.24/5 user rating points to a model that many owners find worthwhile. In owner feedback, the most common positives are comfort, fuel economy, and value for money, with many shoppers also appreciating the useful features you get for the price. That fits the Equinox’s role as a practical compact SUV with a roomy interior and a sensible ownership profile, especially if you want everyday usability over premium finishes or standout performance. With 30.0% of listings marked as good or great deals, you still have room to shop carefully.

Is the 2020 Chevrolet Equinox reliable?

Owners rate it 4.24/5, a solid signal of long-term satisfaction.

Owner feedback also points to a vehicle that many shoppers see as dependable and easy to live with, with comments that align with its reputation for improved reliability and relatively low ownership drama. The broader appeal here is that you’re looking at a compact SUV many owners feel comfortable counting on for daily use. For used buyers, the main long-term risk is that condition and maintenance history will matter more than the badge itself, so a careful inspection is still important.

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: 30.0% of listings are priced as good or great deals.
• Inventory: There are 300 listings available.
• Price trend: Prices have softened 17.59% 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 $17,915 CAD sits slightly below last year's $21,738 CAD.

That price movement suggests the market has become more buyer-friendly, which can make resale a little more competitive for future sellers. If you own one, you may need to price it carefully to stand out, especially if similar examples are plentiful. On the other hand, the Equinox’s practical appeal and broad shopper interest can help support demand when your vehicle is well maintained and properly equipped.

Vehicles with solid owner satisfaction ratings, like this model year's 4.24/5, 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:

• 30.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.59% compared with last year.
• Owners rate it 4.24/5 — 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 case and you’re comfortable prioritising comfort and safety over premium materials or stronger performance. If you’re price-sensitive, a nearby model year may still work, but the 2020 is the better pick when you want a balanced used SUV and can find one priced near the lower end of the market.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.