Chevrolet just released its February 2026 lease programs and the big story is EVs at rates that make no sense. We analyzed 3,400 lease configurations across every 2025 and 2026 Chevrolet model to rank every deal from best to worst—so you know exactly which Chevys to target and which to avoid this month.
The headline: the 2025 Blazer EV SS is leasing at 0.5% APR—the lowest rate on any electric SUV in America. The Equinox EV is at 1.8%. The Colorado ZR2 is at 2.5% with a 70% residual. Meanwhile, the Silverado 1500 has up to $14,800 in stackable cash. And on the other end? The Trax at 10.3% APR, the Tahoe at 8.4%, and a standard rate of 9.4% across every single model.
0.5%
Lowest APR
2025 Blazer EV SS
13
Models Ranked
3,400 configs
$14.8K
Max Incentives
2026 Silverado 1500
9.4%
Standard Rate
Every model
How We Rank
Ranking considers APR, residual value, incentive depth, and overall lease economics. All rates shown are the GM Financial Supported Lease Rate at 36 months / 10,000 miles. Standard Rate across all Chevrolet models is 0.00391 (9.4% APR). Best year shown when both 2025 and 2026 are available.
The Rankings: Best to Worst
TIER 1: THE EV BLOWOUT (Under 2% APR)
GM is dumping sub-2% rates on Chevrolet EVs. These are the cheapest lease rates on any mainstream electric vehicles in America.
2025 Chevrolet Blazer EV
AWD SS
Money Factor
0.00022
0.5% APR
Residual
53%
36mo / 10K
Incentives
$8.5K
Max savings
The undisputed #1 Chevrolet lease deal and the lowest rate on any electric SUV in America. 0.5% APR on the SS—that's $14/month in rent charges on a ~$62K EV. The 2026 Blazer EV SS is at 4.8%, making the 2025 nearly 10x cheaper in financing cost. The RS trims are at 1.6%, also excellent. The catch? Only 53% residual—low for the segment—and most cash incentives are conditional (Loyalty/Conquest/Military). But at 0.5%, the math is ridiculous.
2025 Chevrolet Blazer EV
RWD/FWD/AWD RS
Money Factor
0.00067
1.6% APR
Residual
56%
36mo / 10K
Incentives
$8.5K
Max savings
The Blazer EV RS splits the difference between the SS's insane rate and the LT's higher pricing. At 1.6% APR with 56% residual and $8.5K in potential incentives, it's a compelling entry point to the Blazer EV lineup. The AWD RS is the sweet spot for most buyers—all-weather capability at a sub-2% rate. The 2026 RS isn't available, so this is your only shot at RS pricing.
2025 Chevrolet Equinox EV
RS
Money Factor
0.00074
1.8% APR
Residual
60%
36mo / 10K
Incentives
$7K
Max savings
The Equinox EV RS starts around $34K—the cheapest way into a new EV with serious range (~319 miles). At 1.8% APR and 60% residual, the depreciation math is excellent. The 2026 model is nearly identical at 1.9%, so this isn't the same urgency as the Blazer EV, but the 2025 has slightly more available cash. The LT trims are at 3.6% (2025) and 2.3-2.6% (2026)—still good, just not Tier 1.
TIER 2: SOLID DEALS (2–4% APR)
Sub-4% rates with strong residuals and meaningful incentive stacks. Trucks dominate this tier.
2026 Chevrolet Equinox EV
LT2 / RS
Money Factor
0.00095
2.3% APR
Residual
61%
36mo / 10K
Incentives
$7K
Max savings
The 2026 Equinox EV is a rare case where the new model year is nearly as good as the outgoing one. The LT2 at 2.3% and RS at 1.9% both have 61% residuals—slightly lower than the 2025's 62%, but the rate improvement on the LT2 (3.6% → 2.3%) more than compensates. If you want the latest model with minimal sacrifice, go 2026.
2025 Chevrolet Colorado
ZR2 4WD Crew Cab
Money Factor
0.00106
2.5% APR
Residual
70%
36mo / 10K
Incentives
$3.75K
Max savings
The Colorado ZR2 is the hidden gem of the Chevrolet lineup. 2.5% APR with a 70% residual is an exceptional combination for a mid-size truck—that residual means the bank thinks it'll retain 70% of its value after 3 years, keeping your monthly depreciation extremely low. The 2026 ZR2 is equally good at 2.5% with a 70% residual and 75% on lower trims. The WT and LT trims are at 3.2% (2025) vs 5.4% (2026)—get the 2025 on those.
2026 Chevrolet Colorado
ZR2 4WD Crew Cab
Money Factor
0.00104
2.5% APR
Residual
70%
36mo / 10K
Incentives
$3.75K
Max savings
Nearly identical to the 2025 ZR2 in rate and residual. The 2026 WT/LT trims get a big residual bump (75% vs 69%) but much worse rates (5.4% vs 3.2%). If you want a Colorado ZR2, either model year works. For the WT/LT, the 2025 wins on rate despite the residual disadvantage.
2026 Chevrolet Silverado 1500
High Country / LTZ Crew Cab
Money Factor
0.00130
3.1% APR
Residual
62%
36mo / 10K
Incentives
$14.8K
Max savings
The Silverado 1500 has the deepest incentive stack in the entire Chevrolet lineup—up to $14,800 in potential cash on Crew Cab trims. The 2026 High Country leads at 3.1% APR with 62% residual. The 2026 also adds the $2,800 Envolve Targeted Private Offer that the 2025 doesn't have. The LT w/2FL at 4.1% with 69% residual is actually the sleeper pick—the higher residual dramatically reduces your monthly payment despite the slightly worse rate.
2025 Chevrolet Silverado 1500
High Country / LTZ / LT Crew Cab
Money Factor
0.00144
3.5% APR
Residual
62%
36mo / 10K
Incentives
$12.75K
Max savings
The 2025 Silverado is still excellent but trails the 2026 in both rate (3.5% vs 3.1%) and total cash ($12.75K vs $14.8K—missing the $2.8K Envolve offer). The 2025 does have a higher Chevy Lease Loyalty ($3,250 vs $2,500). If you already have a Chevy lease, the extra $750 loyalty partially closes the gap. The LT w/2FL at 4.3%/69% residual remains a strong pick.
2025 Chevrolet Colorado
WT / LT 2WD & 4WD Crew Cab
Money Factor
0.00132
3.2% APR
Residual
69%
36mo / 10K
Incentives
$3.75K
Max savings
The 2025 Colorado WT and LT are strong at 3.2% APR with 69% residual—nearly as good as the ZR2 in rate, with solid residual retention. The key advantage over the 2026 WT/LT: the rate is 3.2% vs 5.4%. That's a ~$60/month rent charge difference on a $35K truck. If you don't need the ZR2 off-road package, the 2025 LT is the smart money.
TIER 3: FAIR DEALS (4–6% APR)
Rates that won't make you flinch, but won't make you celebrate either. Consider financing alternatives.
2025 Chevrolet Equinox
FWD/AWD LT / RS
Money Factor
0.00208
5% APR
Residual
64%
36mo / 10K
Incentives
$2.5K
Max savings
The ICE Equinox is Honda CR-V and Toyota RAV4 territory—a mainstream compact SUV with a so-so lease rate. The 2025 at 5.0% is meaningfully better than the 2026 (6.4%). Neither is exciting, but if you must lease an Equinox, take the 2025. Or better yet, for $33K, consider the Equinox EV at 1.8% APR instead—similar size, dramatically cheaper to lease.
2026 Chevrolet Silverado EV
Extended Range LT / Trail Boss
Money Factor
0.00196
4.7% APR
Residual
57%
36mo / 10K
Incentives
$2.75K
Max savings
The 2026 Silverado EV improved substantially over the 2025 (4.7% vs 5.7% on the LT). The Extended Range LT and Trail Boss at 4.7% are the only trims worth leasing. Avoid the Standard Range variants—the Standard Range WT is at a staggering 12.9% APR with a 76% residual that looks good on paper but is negated by the absurd financing cost. The Max Range trims are at 7.5%. Stick to Extended Range.
2026 Chevrolet Suburban
LS / RST / Premier / High Country
Money Factor
0.00240
5.8% APR
Residual
55%
36mo / 10K
Incentives
$1.5K
Max savings
The 2026 Suburban dropped from 7.1% (2025) to 5.8%—a meaningful improvement if you need a full-size SUV. But 55% residual on a $60K-$80K vehicle means massive monthly depreciation, and there are essentially no incentives. GM isn't discounting the Suburban because it doesn't have to—these sell themselves. If you must have one, at least the 2026 rate is tolerable.
2025 Chevrolet Silverado EV
Extended Range LT
Money Factor
0.00237
5.7% APR
Residual
61%
36mo / 10K
Incentives
$2.75K
Max savings
The 2025 Silverado EV LT at 5.7% is passable but the 2026 at 4.7% is strictly better. The 2025 does have a slightly higher residual (61% vs 57%), but the rate gap matters more. If you're cross-shopping electric trucks, the 2025 Blazer EV at 0.5% is a far superior lease—different vehicle class, but dramatically cheaper monthly.
2025 Chevrolet Blazer
FWD/AWD LT w/2LT
Money Factor
0.00264
6.3% APR
Residual
60%
36mo / 10K
Incentives
$7K
Max savings
The ICE Blazer is the split personality of the Chevy lineup—mediocre 6.3% rate but surprisingly deep incentive stack. With Chevy Loyalty ($3K) plus GM Loyalty ($2.5K), existing Chevy lessees can stack $5,500 before other offers. The 2026 is nearly identical at 6.4% but loses the $3K Chevy Loyalty, dropping to $4.25K max. If you have Chevy loyalty, the 2025 saves you $2,750.
TIER 4: AVOID LEASING (Over 6% APR)
Rates so high that financing or buying outright is almost always a better deal. GM isn't subsidizing these leases.
2025 Chevrolet Traverse
FWD/AWD LT / RS / Z71
Money Factor
0.00254
6.1% APR
Residual
60%
36mo / 10K
Incentives
$3.75K
Max savings
The Traverse is Chevy's 3-row family SUV, and at 6.1% it's not terrible—but it's not good. The 2026 is worse at 7.2% with a lower residual (59%), so the 2025 is the play if you must lease one. The Costco membership offer ($1,250 Executive / $1,000 Non-Executive) is unique to the Traverse—make sure your dealer applies it.
2025 Chevrolet Suburban
LS / RST / Premier / High Country
Money Factor
0.00297
7.1% APR
Residual
55%
36mo / 10K
Incentives
$1.5K
Max savings
The 2025 Suburban at 7.1% is strictly worse than the 2026 (5.8%). If you need a Suburban, wait for or get the 2026 model year. There's zero reason to lease a 2025 at this rate.
2026 Chevrolet Traverse
FWD/AWD LT / RS
Money Factor
0.00299
7.2% APR
Residual
59%
36mo / 10K
Incentives
$3.75K
Max savings
The 2026 Traverse is worse than the 2025 in every metric—higher rate (7.2% vs 6.1%) and lower residual (59% vs 60%). The Costco offers still apply. Unless you specifically need the latest model year features, the 2025 Traverse is a better lease by roughly $40/month.
2025 Chevrolet Malibu
1LT Sedan (Clearance)
Money Factor
0.00311
7.5% APR
Residual
52%
36mo / 10K
Incentives
$3.5K
Max savings
The Malibu is discontinued after 2025—there is no 2026 model. At 7.5% APR with a 52% residual, this is a terrible lease. GM is not incentivizing Malibu clearance through lease rates; they'd rather you buy it outright. If you want a sedan, consider the Equinox EV at 1.8% for similar money.
2025 Chevrolet Trailblazer
FWD/AWD LT / RS / ACTIV
Money Factor
0.00352
8.4% APR
Residual
59%
36mo / 10K
Incentives
$3.5K
Max savings
8.4% APR on a $25K-$32K subcompact SUV. The math doesn't work. Even with $2,500 in Loyalty/Conquest cash, you're paying more in rent charges than many luxury vehicles charge. The 2026 is marginally better at 8.2% with a 64% residual, but neither is worth leasing. Finance instead.
2025 Chevrolet Tahoe
LS / LT / Z71 / RST / Premier / High Country
Money Factor
0.00350
8.4% APR
Residual
55%
36mo / 10K
Incentives
$1.5K
Max savings
The Tahoe is Chevy's most popular full-size SUV—and its worst lease deal. 8.4% APR with 55% residual and almost zero incentives. There is no 2026 Tahoe in the lease data yet, so this is your only option if you must have one now. But you shouldn't lease it. Buy or finance. The 9.8% LT trim is even worse. GM knows the Tahoe sells on demand alone.
2025 Chevrolet Trax
FWD/AWD LT / RS
Money Factor
0.00431
10.3% APR
Residual
63%
36mo / 10K
Incentives
$2.75K
Max savings
10.3% APR. On a $22K-$28K subcompact crossover. This is the worst lease rate in the entire Chevrolet lineup and one of the worst in the industry. You're paying more in financing costs than some luxury brands charge. The 2026 Trax is slightly better at 9.8% but still absurd. Never lease a Trax. Finance it, buy it used, or get an Equinox EV instead.
2025 vs 2026: Quick Guide
| Model | 2025 APR | 2026 APR | Winner |
|---|---|---|---|
| Blazer EV SS | 0.5% | 4.8% | 2025 |
| Blazer EV RS | 1.6% | — | 2025 |
| Equinox EV RS | 1.8% | 1.9% | Tied |
| Equinox EV LT | 3.6% | 2.3% | 2026 |
| Colorado ZR2 | 2.5% | 2.5% | Tied |
| Colorado WT/LT | 3.2% | 5.4% | 2025 |
| Silverado 1500 | 3.5% | 3.1% | 2026 |
| Silverado EV LT | 5.7% | 4.7% | 2026 |
| Equinox (ICE) | 5.0% | 6.4% | 2025 |
| Blazer (ICE) | 6.3% | 6.4% | Tied |
| Suburban | 7.1% | 5.8% | 2026 |
| Traverse | 6.1% | 7.2% | 2025 |
| Trailblazer | 8.4% | 8.2% | 2026 |
| Tahoe | 8.4% | — | N/A |
| Trax | 10.3% | 9.8% | 2026 |
The pattern is clear: 2025 EVs have dramatically lower rates than their 2026 counterparts (Blazer EV: 0.5% → 4.8%). On trucks, 2026 is slightly better (Silverado 1500: 3.5% → 3.1%). The budget models (Trax, Trailblazer, Malibu) are terrible in both years—GM simply doesn't subsidize lease rates on its cheapest vehicles.
The 9.4% Standard Rate Trap
Every Chevrolet Model Has a 9.4% Standard Rate
GM Financial's non-supported "Standard" rate is 0.00391 (9.4% APR) across the entire Chevy lineup. If a dealer doesn't submit your paperwork for the Supported Lease Rate, you get this instead. Here's what that costs you on a $45,000 vehicle:
Supported Rate (Blazer EV SS)
MF 0.00022 → $10/mo rent
On $45K cap cost
Standard Rate
MF 0.00391 → $352/mo rent
On $45K cap cost
That's $342/month in pure profit for the dealer—$12,312 over a 36-month lease. Always verify your money factor.
Expiring Programs
Expiring March 2, 2026
- All GM Financial Supported Lease Rates
- GM Lease Loyalty Program ($500–$2,500)
- GM Lease Conquest Program ($500–$2,500)
- Chevrolet Lease Loyalty Program ($2,500–$3,250)
- Chevrolet Conquest Program ($2,000 — Colorado)
- Incremental CCR Programs ($750–$1,750)
- Courtesy Transportation CCR ($1,500–$3,000)
Extending Further
- GM Rewards Card ($500) — June 30, 2026
- Military Cash ($500) — Jan 4, 2027
- First Responder Cash ($500) — Jan 4, 2027
- Employee Appreciation ($1,000–$1,500) — Jan 4, 2027
- Envolve Targeted ($2,800) — Jan 4, 2027
- Business Choice ($500 x2) — Jan 3, 2028
TL;DR — Bottom Line
- •Blazer EV SS at 0.5% — the lowest rate on any electric SUV in America. Get the 2025 before it's gone.
- •Equinox EV at 1.8% — a $34K EV with 319 miles of range at near-zero financing cost. Both 2025 and 2026 are excellent.
- •Colorado ZR2 at 2.5% — 70% residual + 2.5% rate = the best truck lease at any price point.
- •Silverado 1500 at 3.1% with up to $14,800 in stacked cash. The most money you can save on any Chevy.
- •Tahoe (8.4%), Trailblazer (8.4%), Trax (10.3%) — don't lease these. Finance or buy instead.
- •Standard rate is 9.4% on every Chevy. Verify your MF. A dealer swap costs $342+/month on a $45K vehicle.
The theme this month is unmistakable: Chevrolet's EV lineup has the best lease rates in the entire brand, while GM refuses to subsidize its cheapest gas vehicles. If you're cross-shopping a Trailblazer lease at 8.4% against an Equinox EV lease at 1.8%, the EV isn't just more efficient—it's $180/month cheaper in rent charges alone.
And remember: every GM Financial lease has a Standard rate and a Supported rate. The gap is enormous—up to 8.9 percentage points on the Blazer EV. Make sure your dealer is quoting the Supported rate. If they won't confirm, walk.
Data & Methodology
Lease programs sourced from GM Financial rate sheets effective February 2026 for the Northeast region. We analyzed 3,400 configurations across 13 models covering 24-, 36-, and 39-month terms at 7,500 / 10,000 / 12,000 / 15,000 miles per year. Rates, residuals, and incentives may vary by region. Money Factor × 2,400 = APR equivalent. Standard Rate is 0.00391 (9.4% APR) across all Chevrolet models. Data extracted February 11 (2025 models) and February 14 (2026 models).
Got a Chevy Lease Quote? Let Us Check It.
GM's 9.4% Standard rate makes money-factor swaps the #1 dealer trick on Chevy leases. Upload your quote and we'll catch it instantly:
- Verify your money factor matches the Supported rate (not the 9.4% Standard)
- Confirm all Loyalty, Conquest, and CCR incentives are applied to cap cost
- Flag junk fees, unnecessary dealer add-ons, and market adjustments
- Get a 0-100 deal score with specific improvement suggestions
