Used 2023 Chevrolet Traverse for Sale nearToronto, ON

How much does the 2023 Chevrolet Traverse cost?

Prices have softened 14.12% compared to this time last year, making it a favourable time to shop this model year.

There are 173 listings available, which gives you a reasonable amount of inventory to compare.

Is the 2023 Chevrolet Traverse a good car?

Yes — the 2023 Chevrolet Traverse earns a 5/5 user rating, and owners consistently praise its spacious interior, comfort, and pleasant driving experience. It also stands out for family-friendly practicality, with plenty of room for passengers and a useful set of features. That makes it a strong fit if you want a three-row SUV that prioritises everyday usability and space over flash. With 31.8% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2023 Chevrolet Traverse reliable?

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

The owner feedback points to a vehicle people can count on for comfortable, trouble-free family use, especially when space and convenience matter most. That said, used buyers should still pay close attention to maintenance history and overall condition, since long-term ownership risk can vary by individual vehicle.

Is now a good time to buy a used 2023 Chevrolet Traverse?

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting every listing to be a bargain.

• Deal availability: 31.8% of listings are priced as good or great deals.
• Inventory: There are 173 listings available.
• Price trend: Prices have softened 14.12% compared with last year.

If you find a listing below $37,111 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Chevrolet Traverse's resale value?

The current average of $37,111 CAD sits slightly below last year's $43,214 CAD.

That price movement suggests the Traverse has already absorbed a meaningful amount of depreciation, which can help future resale stability if you buy at the right price. If you keep the vehicle in strong condition and stay on top of maintenance, you may be better positioned when it comes time to sell. Demand should remain supported by the model’s family-friendly reputation and practical packaging.

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

Should I buy a 2023 Chevrolet Traverse or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 31.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.12% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $33,838 CAD, the 2022 costs less than the current year's $37,111 CAD average.
• It offers a sensible three-row alternative for families who want space without stepping up to a larger SUV.

Consider the 2024 if:

• At $49,081 CAD, the 2024 costs more than the current year's $37,111 CAD average.
• It brings a bolder redesign with more space and more standard driver aids.

The bottom line: The 2023 is the best all-around pick if you want a roomy, comfortable Traverse at a more approachable price than the newer redesign. If your budget is tighter, the 2022 is the value play; if you want the latest styling and upgrades, move to the 2024.

How does the 2023 Chevrolet Traverse compare to the 2023 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.