Chevrolet Equinox EV vs Kia Niro EV: cost to own
Verdict, over 6 years
The Kia Niro EV costs about $2,214 less
That's $31 a month. Closest matching trims: same fuel and drive where possible.Equinox EV LT FWD$1,115/moTrue cost
Niro EV Wind✓ $1,085/moTrue cost
2026 Chevrolet Equinox EVClosest matching trim: Equinox EV LT FWD
Sticker (MSRP)$46,199
+$4,897→↓Freight, fees, HST
Drive away$51,096
+ running costs→↓− $15,975 resale
True cost$1,115/moA month to own, after resale
2026 Kia Niro EVClosest matching trim: Niro EV Wind
Sticker (MSRP)$45,595
+$4,176→↓Freight, fees, HST
Drive away$49,771
+ running costs→↓− $15,520 resale
True cost$1,085/moA month to own, after resale
Line by line
| Price | |||
| Sticker (MSRP) | $46,199 | ✓ $45,595 | Niro EV by $604 |
| Freight and fees, before tax | $3,444 | ✓ $2,875 | Niro EV by $569 |
| Sales tax (HST) | $6,454 | ✓ $6,301 | Niro EV by $153 |
| EV rebate | −$5,000 | −$5,000 | — |
| Drive-away price | $51,096 | ✓ $49,771 | Niro EV by $1,325 |
| Running costs, 6 years | |||
| Fuel or charging | $3,245 | ✓ $3,128 | Niro EV by $117 |
| Insurance (estimate) | ✓ $14,121 | $15,111 | Equinox EV by $990 |
| Maintenance (estimate) | $7,433 | ✓ $5,750 | Niro EV by $1,683 |
| Loan rate | 6.5% | 6.5% | — |
| Loan interest | $9,695 | ✓ $9,416 | Niro EV by $279 |
| Lost return on your money | $10,594 | ✓ $10,338 | Niro EV by $256 |
| Resale after 6 yrs | ✓ −$15,975 | −$15,520 | Equinox EV by $455 |
| Total | |||
| True cost | $80,300 | ✓ $78,086 | Niro EV by $2,214 |
| True cost a month | $1,115/mo | ✓ $1,085/mo | Niro EV by $30 |
| You pay each month | $1,121/mo | ✓ $1,087/mo | Niro EV by $34 |
| Practical | |||
| Fuel type | Electric | Electric | — |
| Seats | 5 | 5 | — |
| Carry-ons, 2 people | 6 | 5 | — |
| Towing, lb | 1,500 | — | — |
| Fast charge, minutes | — | 43 (10-80%) | — |
| Cargo behind row 2, litres | ✓ 748 | 646 | — |
| Range, km (winter about 70%) | ✓ 513 (359) | 407 (285) | — |
| Length | 4.84 m | 4.42 m | — |
| Ground clearance | ✓ 16 cm | 15 cm | — |
| Resale % after 6 yrs | ✓ 35% | 34% | — |
| US crash test | ✓ 5★ | Not rated yet | — |
| European crash test | — | ✓ 4★ (2022); 5★ with pack | — |
Price
Sticker (MSRP)
Freight and fees, before tax
Sales tax (HST)
EV rebate
Drive-away price
Running costs, 6 years
Fuel or charging
Insurance (estimate)
Maintenance (estimate)
Loan rate
Loan interest
Lost return on your money
Resale after 6 yrs
Total
True cost
True cost a month
You pay each month
Practical
Fuel type
Seats
Carry-ons, 2 people
Towing, lb
Fast charge, minutes
Cargo behind row 2, litres
Range, km (winter about 70%)
Length
Ground clearance
Resale % after 6 yrs
US crash test
European crash test
✓ marks the better figure. Resale is from used prices: the Equinox EV typical for its type and brand, the Niro EV from its own. Their stickers differ by $604.