Chevrolet Traverse · Cost of Ownership
Chevrolet Traverse Costs
The average cost of owning a Chevrolet Traverse for 5 years is $32,889. This total will vary per vehicle, driver, and location. These ownership expenses include:
Cost breakdown
5-Year Cost Breakdown
| Cost | Value | Percent |
|---|---|---|
| Depreciation | $10,736 | 33% |
| Fuel | $8,375 | 25% |
| Insurance | $6,565 | 20% |
| Interest | $3,808 | 12% |
| Maintenance | $3,405 | 10% |
Value rating
Chevrolet Traverse CarMatch Value Rating
This grade is our unbiased financial assessment of whether the Chevrolet Traverse is likely to be a good or poor automotive investment, based on its 5-year cost to own relative to its price. Learn more about our Value Ratings.
Depreciation
$10,73633% of 5-yr costDepreciation is the value the Chevrolet Traverse sheds over five years — almost always the single largest cost of ownership. Models that hold their value shrink this number dramatically.
Insurance Premiums
$6,56520% of 5-yr costEstimated full-coverage insurance premiums for the Chevrolet Traverse over five years. Your actual rate depends on driving record, location, and coverage level.
Maintenance & Repairs
$3,40510% of 5-yr costRoutine service, wear items, and out-of-warranty repairs for the Chevrolet Traverse. EVs and simpler powertrains typically land at the low end here.
Loan Interest
$3,80812% of 5-yr costFinance charges on a typical 60-month loan for the Chevrolet Traverse at current average APRs. A larger down payment or shorter term reduces this.
Fuel Costs
$8,37525% of 5-yr costEstimated fuel or charging cost to drive the Chevrolet Traverse ~15,000 miles a year for five years, based on its powertrain and typical energy prices.