2004 DETROIT: 2004 Chevrolet Equinox

November 26, 2007
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With the Equinox, Chevy hopes to bring more room to the baby SUV segment, with a long wheelbase (112.5 inches) and wide stance (61.6 inches). But Margaret Brooks, Equinox marketing director, claims that the mini-ute's ace in the hole will be its functionality, with an array of storage possibilities, such as a rear MultiFlex seat for cargo and people. "Equinox will be the largest vehicle in its class and set new standards for compact SUV functionality. Its crossover-based architecture responds to customer needs for more refinement, enhanced ride and handling, and increased comfort." That platform consists of MacPherson struts up front with a four-link set up at the rear. Ample, if not class-leading, power (185 hp) comes courtesy of a 3.4-liter V-6, which also provides for a 3500-pound towing capacity. Production starts in early 2004.
2003 Detroit+2004 Chevrolet Equinox+front Right View

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Cost to Own
Depreciation
37.4%
Depreciation
$12423
Insurance
$6300
Fuel Cost
$9060
Financing
$2337
Maintenance
$2174
Repair Costs
$516
State Fees
$393
Loss in Value + Expenses
= 5 Year Cost to Own