A 2022 Chevrolet Traverse still asks 35% of what a 2027 one does — that's how much value it holds after 5 years. Among 17 suvs we price, that ranks #14, below the 45% class median. The steepest single-year drop comes at year 4 (−31%), after which losses ease to about 26.3% a year. Mileage costs it 56%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 763 listings.
Chevrolet Traverse value by year
The newest Traverse at under half the 2027 price is the 2023, with a median asking price of $25,247 (44% of it). A 2021 and a 2020 ask almost the same, $18,500 against $17,995, so the newer year costs next to nothing extra.
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2027 | $47,484 | $60,994 | 11 | |
| 2026 | $35,195 | $51,270 | 11 | |
| 2025 | $26,900 | $74,305 | 14 | |
| 2024 | $21,689 | $42,378 | 13 | |
| 2023 | $15,800 | $34,988 | 35 | |
| 2022 | $13,800 | $34,698 | 24 | |
| 2021 | $11,999 | $23,900 | 27 | |
| 2020 | $10,000 | $23,900 | 47 | |
| 2019 | $13,995 | $33,700 | 79 | |
| 2018 | $7,500 | $17,500 | 43 | |
| 2017 | $4,800 | $10,995 | 101 | |
| 2016 | $4,200 | $9,995 | 71 | |
| 2015 | $3,400 | $9,500 | 63 | |
| 2014 | $2,995 | $7,995 | 55 | |
| 2013 | $2,950 | $7,499 | 44 | |
| 2012 | $2,400 | $6,995 | 49 | |
| 2011 | $1,200 | $6,197 | 42 | |
| 2010 | $2,995 | $7,195 | 24 | |
| 2009 | $2,000 | $4,795 | 10 |
How the Chevrolet Traverse depreciates
The newest Chevrolet Traverse has a median asking price of $56,924; a 18-year-older one runs about $3,400 — roughly 94% lost over 18 years (compare the typical depreciation curve by age).
Does the Chevrolet Traverse hold value better than its rivals?
Over the same 5 years the Jeep Grand Cherokee keeps 45%, the Ford Explorer 46% and the Ford Expedition 33%, against 35% for the Traverse. The Traverse holds value better than the Ford Expedition, but not the Jeep Grand Cherokee and Ford Explorer.
The Chevrolet Traverse market right now
Adjust your Chevrolet Traverse value for mileage
Crossing 100k miles costs a Chevrolet Traverse about 56% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2027 Chevrolet Traverse: a dealer trade-in offer is around $47,484, selling private-party nets about $56,924, and a lot asks near $60,994 — a $13,510 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Traverse costs a median 26% more from a dealer than from a private seller, across the 4 recent model years with enough of both. Title, state and mileage effects are on the Chevrolet Traverse price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2023 | $21,500 (9) | $27,874 (76) | +30% |
| 2022 | $16,200 (13) | $22,950 (43) | +42% |
| 2021 | $18,000 (27) | $18,500 (38) | +3% |
| 2020 | $13,995 (17) | $17,177 (93) | +23% |
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Chevrolet Traverse value FAQ
How much is a Chevrolet Traverse worth?
It depends mostly on the model year: in our listings the median asking price runs from $3,400 to $56,924 across 19 model years. A 2027 is worth about $56,924, the median of 11 listings.
How much does mileage cut a Chevrolet Traverse's value?
Among Traverses from the last eight model years, those with under 40,000 miles ask a median $34,988, and those with over 150,000 miles ask $9,990; crossing 100,000 miles alone costs about 56%.
Which Chevrolet Traverse year is the best value?
The newest Traverse at under half the 2027 price is the 2023, with a median asking price of $25,247 (44% of it). A 2021 and a 2020 ask almost the same, $18,500 against $17,995, so the newer year costs next to nothing extra.
Is a Chevrolet Traverse cheaper from a dealer or a private seller?
Usually from a private seller: for the same model year, dealers ask a median 26% more, across 4 recent model years in our listings.
Does the Traverse hold value better than the Jeep Grand Cherokee?
No: over 5 years the Traverse keeps 35% of its value and the Jeep Grand Cherokee 45%, by the median asking prices of the 2027 and 2022 model years.
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