Used 2020 Chevrolet Traverse for SaleNationwide

How much does the 2020 Chevrolet Traverse cost?

Prices have softened 11.65% compared to this time last year, making it a favourable time to shop this model year.

There are 101 listings available, which gives you a reasonable amount of choice in the used market.

Is the 2020 Chevrolet Traverse a good car?

Yes — the 2020 Chevrolet Traverse earns a 4.9/5 user rating, which points to strong owner satisfaction. Owners consistently praise its spacious interior, smooth ride, and powerful performance, and many also like its comfort and handling in challenging weather conditions. That lines up well with its role as a large three-row crossover that prioritises family space, everyday usability, and easy-to-use tech. With 30.7% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2020 Chevrolet Traverse reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

The owner feedback points to a vehicle that feels dependable in daily use, with repeated praise for comfort, smoothness, and confidence in varied weather. The second-generation Traverse is also described as much better than the original, which matters if you want a used SUV you can count on for family duty. For used buyers, the main long-term ownership risk is making sure the specific vehicle has been well cared for, since any large family crossover can become costly if maintenance has been neglected.

Is now a good time to buy a used 2020 Chevrolet Traverse?

This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on the right listing.

• Deal availability: 30.7% of listings are priced as good or great deals.
• Inventory: There are 101 listings available.
• Price trend: Prices have softened 11.65% compared with last year.

If you find a listing below $24,859 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Traverse's resale value?

The current average of $24,859 CAD sits slightly below last year's $28,138 CAD.

That price movement suggests the Traverse has become more accessible for used buyers, but it also means a future seller may face a softer market than before. If you buy at today’s average, there is less room for immediate appreciation, so resale value will depend more on condition, mileage, and how well the vehicle has been maintained. The good news is that strong owner satisfaction can help support demand when it is time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Chevrolet Traverse or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 30.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.65% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

The bottom line: The 2020 Traverse makes sense if you want a roomy, family-friendly three-row crossover and you value a market that currently offers some pricing flexibility. If you are more price-sensitive, you may want to compare nearby years and focus on the best-maintained example rather than chasing the newest badge.

How does the 2020 Chevrolet Traverse compare to the 2020 GMC Acadia?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.