2022 Chevy Equinox Gets $0 Lease Ahead of Memorial Day
The 2022 Chevrolet Equinox LT has great rental deals ahead of the Memorial Day holiday. This offer could include a Sign and Drive lease with no down payment which equals a lot of savings if you are looking to lease your next Chevy Equinox. Here’s what we know about the latest ways to save.
According to a dealer incentive newsletter, you could get a great deal on the new 2022 Chevy Equinox in base LT trim. The rental rate is exceptional, equivalent to 0.72% for 24 months and 2.11% up to 39 months. If you’re an eligible customer, that means you can lease the 2022 Equinox starting at just $299 per month for up to 36 months with $0 due at signing.
The deal applies to new 2022 Chevy Equinox models leased by May 31. Lease payments are slightly higher on a 48-month loan, amounting to $306 per month. Tenants must be well qualified. This rental agreement includes 10,000 miles of driving allowance.
To qualify for Sign and Drive savings, you must be a current lessee of a 2017 or newer GM car, or a non-GM competitor. If you’re not currently in a lease, you may face higher fees, such as needing a signing amount or a slightly higher monthly payment.
For comparison, it’s a similar offering to one of Equinox’s competitors, the Honda CR-V, but with a better lease rate.
The CR-V has a higher lease rate of 4.17%, but payments equal the same $299 per month for 36 months. One significant difference is that the CR-V requires $3,399 to sign up. The Honda retains a few more percentage points of its residual value than the Equinox at the end of the lease. Since it depreciates more slowly, it could be a good long-term deal, especially if you’re considering buying out your lease.
Memorial Day is usually the time of year when the summer deals really kick off. With rates rising and many automakers slashing their offers, we can’t help but wonder what kind of sales we’ll see in addition to the Sign and Drive offer offered by General Motors on select rental models this month- this.
GM is also one of the manufacturers that keeps excellent APR promotions for buyers, despite the rate hike. If leasing isn’t in your sights right now, you can choose to purchase a new 2022 Chevy Equinox at 0% APR for up to 60 months if you qualify.
Best car deals for Memorial Day
Pictured: 2022 Chevrolet Equinox (top), 2022 Honda CR-V (middle)