Chevrolet Equinox vs Toyota RAV4: cost to own

Verdict, over 6 years

The Toyota RAV4 costs about $9,358 less

That's $130 a month. Closest matching trims: same fuel and drive where possible.

Equinox LT$1,150/moTrue cost

RAV4 LE✓ $1,020/moTrue cost

2027 Chevrolet Equinox

Closest matching trim: Equinox LT

Sticker (MSRP)$37,349

+$8,634→↓Freight, fees, HST

Drive away$45,983

+ running costs→↓− $16,805 resale

True cost$1,150/moA month to own, after resale

2026 Toyota RAV4

Closest matching trim: RAV4 LE

Sticker (MSRP)$37,500

+$8,359→↓Freight, fees, HST

Drive away$45,859

+ running costs→↓− $24,454 resale

True cost$1,020/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $37,349	$37,500	Equinox by $151
Freight and fees, before tax	$3,344	✓ $3,083	RAV4 by $261
Sales tax (HST)	$5,290	✓ $5,276	RAV4 by $14
Drive-away price	$45,983	✓ $45,859	RAV4 by $124
Running costs, 6 years
Fuel or charging	$14,899	✓ $9,207	RAV4 by $5,692
Insurance (estimate)	✓ $13,000	$16,299	Equinox by $3,299
Maintenance (estimate)	✓ $7,383	$8,239	Equinox by $856
Loan rate	6.5%	6.5%	—
Loan interest	$8,619	✓ $8,593	RAV4 by $26
Lost return on your money	$9,607	✓ $9,583	RAV4 by $24
Resale after 6 yrs	−$16,805	✓ −$24,454	RAV4 by $7,649
Total
True cost	$82,775	✓ $73,418	RAV4 by $9,357
True cost a month	$1,150/mo	✓ $1,020/mo	RAV4 by $130
You pay each month	$1,180/mo	✓ $1,157/mo	RAV4 by $23
Practical
Fuel type	Gas	Hybrid	—
Seats	5	5	—
Carry-ons, 2 people	7	8+	—
Towing, lb	1,500	✓ 1,750	—
Built in Canada	—	Woodstock, ON; Cambridge, ON	—
Cargo behind row 2, litres	844	✓ 1,070	—
Length	4.65 m	4.60 m	—
Ground clearance	20 cm	✓ 21 cm	—
Resale % after 6 yrs	45%	✓ 65%	—
US crash test	✓ 5★	Not rated yet	—

Price

Sticker (MSRP)

Equinox LT ✓ $37,349RAV4 LE $37,500Cheaper by Equinox by $151

Freight and fees, before tax

Equinox LT $3,344RAV4 LE ✓ $3,083Cheaper by RAV4 by $261

Sales tax (HST)

Equinox LT $5,290RAV4 LE ✓ $5,276Cheaper by RAV4 by $14

Drive-away price

Equinox LT $45,983RAV4 LE ✓ $45,859Cheaper by RAV4 by $124

Running costs, 6 years

Fuel or charging

Equinox LT $14,899RAV4 LE ✓ $9,207Cheaper by RAV4 by $5,692

Insurance (estimate)

Equinox LT ✓ $13,000RAV4 LE $16,299Cheaper by Equinox by $3,299

Maintenance (estimate)

Equinox LT ✓ $7,383RAV4 LE $8,239Cheaper by Equinox by $856

Loan rate

Equinox LT 6.5%RAV4 LE 6.5%Cheaper by —

Loan interest

Equinox LT $8,619RAV4 LE ✓ $8,593Cheaper by RAV4 by $26

Lost return on your money

Equinox LT $9,607RAV4 LE ✓ $9,583Cheaper by RAV4 by $24

Resale after 6 yrs

Equinox LT −$16,805RAV4 LE ✓ −$24,454Cheaper by RAV4 by $7,649

Total

True cost

Equinox LT $82,775RAV4 LE ✓ $73,418Cheaper by RAV4 by $9,357

True cost a month

Equinox LT $1,150/moRAV4 LE ✓ $1,020/moCheaper by RAV4 by $130

You pay each month

Equinox LT $1,180/moRAV4 LE ✓ $1,157/moCheaper by RAV4 by $23

Practical

Fuel type

Equinox LT GasRAV4 LE HybridCheaper by —

Seats

Equinox LT 5RAV4 LE 5Cheaper by —

Carry-ons, 2 people

Equinox LT 7RAV4 LE 8+Cheaper by —

Towing, lb

Equinox LT 1,500RAV4 LE ✓ 1,750Cheaper by —

Built in Canada

Equinox LT —RAV4 LE Woodstock, ON; Cambridge, ONCheaper by —

Cargo behind row 2, litres

Equinox LT 844RAV4 LE ✓ 1,070Cheaper by —

Length

Equinox LT 4.65 mRAV4 LE 4.60 mCheaper by —

Ground clearance

Equinox LT 20 cmRAV4 LE ✓ 21 cmCheaper by —

Resale % after 6 yrs

Equinox LT 45%RAV4 LE ✓ 65%Cheaper by —

US crash test

Equinox LT ✓ 5★RAV4 LE Not rated yetCheaper by —

✓ marks the better figure. Resale for both is from their own used prices (unless you lease). These trims differ in fuel (gas vs hybrid), which drives part of the gap. Their stickers differ by $151.