Used Chevrolet Traverse for Sale nearWaterloo, ON

How much does the Chevrolet Traverse cost in today's market?

Used Chevrolet Traverse prices span a wide range depending on model year. Here's what the market looks like right now:

The Chevrolet Traverse's current nationwide average price is $36,078 CAD, and its lowest point over the past year was $31,792 CAD. That puts the model's recent pricing in a fairly broad band, with newer examples commanding the highest averages and older ones sitting much lower. Recently, prices have come down for the 2024, 2025, and 2026 models, making now a good time to shop recent model years.

Is the Chevrolet Traverse a good car?

Yes — the Chevrolet Traverse is a strong choice if you want a roomy, family-friendly three-row SUV with easy-to-use technology and a comfortable driving feel. The all-generations owner rating is 4.7/5 across every model year in the data.

Owners consistently praise the Traverse for its spacious interior, generous cargo room, and comfortable ride. Across the years, shoppers also tend to value its family-friendly layout and straightforward everyday usability, especially when they want lots of passenger space without moving to a larger SUV.

Expert reviews rate the 2024 and 2026 models among the highest across all years.

The main trade-offs are the size of the vehicle, the engine note in newer versions, and the fact that some trims and model years feel more basic or less polished than rivals. Even so, the Traverse remains appealing if you want space, comfort, and practicality first.

31.2% of listings are priced as good or great deals.

Are Chevrolet Traverse models reliable?

Owners and experts consistently point to the Traverse’s roomy cabin, comfortable ride, and practical family-focused layout as its biggest strengths. The model also earns praise for easy-to-use technology and everyday usability, which helps it feel approachable for long-term ownership.

• Owners rate the Chevrolet Traverse between 3.8 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by choosing a well-maintained example and paying close attention to service history, especially on older model years.

What should I look for when buying a used Chevrolet Traverse?

Key things to evaluate:

• Fuel efficiency: Natural Resources Canada rates the fuel consumption on the 2026 Chevrolet Traverse at 12.1 litres per 100 kilometres in the city, 9.9 on the highway, and 11.1 combined.

Which Chevrolet Traverse trim should I buy?

The 2026 Chevrolet Traverse offers these trims:

• LT: The most affordable model and the best-value trim, with cloth upholstery, an eight-way power-adjustable driver’s seat, heated front seats, a heated steering wheel, tri-zone automatic climate control, and a hands-free power liftgate.
• Z71: The off-road-oriented choice, with red front tow hooks and knobby all-terrain tires, plus moderate off-road ability.
• RS: The sporty-looking trim, adding a six-way power-adjustable front passenger seat, a power tilt/telescoping steering column, driver’s seat memory, leather upholstery, and heated outboard second-row seats.

What Chevrolet Traverse do most buyers choose?

The Chevrolet Traverse years with the most listings are 2025, 2024, and 2023.

These higher-volume years tend to be the easiest places to shop because you have more inventory to compare and more chances to find the right trim, colour, and equipment. They also tend to attract more deal opportunities, which can help you balance price and selection.

What is the Chevrolet Traverse's resale value?

Most Traverse model years are showing negative year-over-year movement, which is good news if you are shopping used and want more value for your money. The biggest drops are in the double digits, while a few newer years are falling more slowly. That pattern suggests there are opportunities across the lineup, especially if you are flexible on model year and trim.

The 2020, 2024, and 2015 model years have held their value best, with the smallest year-over-year price changes.

Is the Chevrolet Traverse safe?

• 2026: 9/10
• 2025: 9/10
• 2024: 8/10
• 2022: 8/10

The 2026 Chevrolet Traverse includes a standard suite of driver-assistance features such as forward collision warning with pedestrian and cyclist detection, front and rear automatic emergency braking, adaptive cruise control, blind-spot monitoring with steering assist, lane keep assist, rear cross-traffic alert, and rear parking sensors.

For the safest used buy, the 2025 and 2026 models both post the highest confirmed score of 9/10.

Should I buy a used Chevrolet Traverse now or wait for the next model?

Buy now if:

• Price trend: The 2026 model is at −15.27% versus a year ago, and the 2025 model is at −8.74%.
• Deal availability: The 2026 model has 35.5% good and great deals, and the 2025 model has 35.1%.
• Sweet-spot year: The 2025 model has the most listings at a current average price of $51,993 CAD. The Chevrolet Traverse offers a roomy three-row cabin that makes it especially appealing for families who want lots of passenger and cargo space.

Consider waiting if:

• Powertrain/efficiency: Every Traverse is fitted with a 2.5-litre turbocharged four-cylinder engine that makes 328 horsepower and 326 pound-feet of torque, and Natural Resources Canada rates the fuel consumption on the 2026 Chevrolet Traverse at 12.1 litres per 100 kilometres in the city, 9.9 on the highway, and 11.1 combined.
• Tech: The Traverse features an 11-inch digital instrument cluster and a 17.7-inch infotainment touchscreen with Google built-in and wireless Apple CarPlay and Android Auto.
• Safety: The 2026 Chevrolet Traverse has a healthy set of standard safety features and offers Super Cruise hands-free driver-assistance technology as part of the Enhanced Driving package.
• Starting price: In Canada, the LT trim starts at $54,199 CAD including destination.

If you're buying used today, the 2025 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2024 Chevrolet Traverse compare to the 2024 GMC Acadia?

Expert Pros & Cons (per CarGurus review team)

2024 Chevrolet Traverse:

• Pros: Rugged, truck-like exterior, More power and torque, Giant infotainment touchscreen.
• Cons: Base LS trim is a little too basic, Range-topping RS trim is pricey, Feels its size.

2024 GMC Acadia:

• Pros: Powerful engine, Plenty of cargo space, Easy-to-use technology.
• Cons: Potentially polarizing design, Fairly pedestrian performance.

Our experts score the 2024 Chevrolet Traverse 7.8/10 and the 2024 GMC Acadia 6.8/10. The Traverse leans into a more rugged look and a larger touchscreen, while the Acadia counters with a powerful engine and easy-to-use technology. Both are practical family SUVs, but the Traverse's stronger overall score and more substantial feel give it the edge for shoppers who want a bigger three-row presence.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.