Used 2023 Chevrolet Traverse for Sale nearToronto, ON

How much does the 2023 Chevrolet Traverse cost?

Prices have softened 14.16% compared to this time last year, making it a favourable time to shop this model year.

There are 140 listings available, which suggests you should have some room to compare options.

Is the 2023 Chevrolet Traverse a good car?

Yes — owners give it 5/5, which points to strong satisfaction with the 2023 Chevrolet Traverse. Reviewers consistently praise the spacious interior, comfortable ride, and pleasant driving experience, and many also like the amount of family-friendly room and available features. That lines up well with its role as a very large crossover for shoppers who want generous passenger and cargo space without moving to a body-on-frame SUV or a minivan. With 28.6% of listings marked as good or great deals, there is still a meaningful share of attractive inventory to consider.

Is the 2023 Chevrolet Traverse reliable?

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

The owner feedback also points to a vehicle that feels dependable and easy to live with, especially for families who want a straightforward, comfortable SUV. The second-generation Traverse is described as improved versus the original version, which supports confidence in used ownership. Even so, you should still evaluate maintenance history carefully, because long-term ownership risk is never zero in a used SUV.

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: 28.6% of listings are priced as good or great deals.
• Inventory: There are 140 listings available.
• Price trend: Prices have softened 14.16% compared with last year.

If you find a listing below $38,322 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 $38,376 CAD sits slightly below last year's $44,708 CAD.

That price movement suggests the market has cooled, which can help you buy more affordably now but may also limit near-term upside if you plan to sell soon. For a future seller, the current softness means resale value may depend more heavily on condition, mileage, and equipment than on broad market momentum. Strong demand for roomy, family-focused SUVs should still help keep interest steady.

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:

• 28.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.16% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $33,877 CAD, the 2022 costs less than the current year's $38,376 CAD average.
• It focuses on practical family space with easy everyday usability.

Consider the 2024 if:

• At $48,102 CAD, the 2024 costs more than the current year's $38,376 CAD average.
• It adds more space and more standard driver aids.

The bottom line: The 2023 is the best all-around choice if you want a well-liked, spacious Traverse at a softened market price. If your priority is spending less, the 2022 is the smarter value play; if you want the newer design and added equipment, the 2024 is the upgrade path.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.