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Should I keep my Chevrolet Traverse?

Keeping an 8-year-old (2018) Chevrolet Traverse at typical mileage costs about $5,973 a year: $1,254 in value it loses, $1,226 insurance, $1,886 fuel, $1,507 maintenance and repairs and $100 registration. A new one costs about $11,423 a year to own, mostly because new cars lose value faster.

By model year

What a Chevrolet Traverse costs to keep, by year

Next 12 months for a paid-off car at 12,000 miles a year, average insurance costs, $3.30 gas. Click a year to run your own numbers in Keep or Switch.

YearValue todayCost to keep next yearValue lostMaintenance and repairsEfficiencyRepair complaints
2025$31,816$8,008$3,880$72222 MPGAbout average
2024$27,098$7,194$3,011$74721 MPGAbout average
2023$23,364$6,897$2,555$90621 MPGMore than average
2022$20,185$6,453$2,125$93621 MPGMore than average
2021$17,518$6,264$1,717$1,19221 MPGMore than average
2020$15,327$6,287$1,666$1,30121 MPGMore than average
2019$13,251$5,935$1,293$1,40121 MPGMore than average
2018$11,599$5,973$1,254$1,50721 MPGMore than average
2017$10,035$5,876$912$1,40118 MPGFewer than average
2016$8,849$5,958$885$1,53518 MPGFewer than average
2015$7,725$5,726$773$1,61719 MPGFewer than average
2014$6,744$5,780$674$1,79119 MPGAbout average
2013$5,888$5,877$589$1,99319 MPGMore than average
2012$5,140$5,846$514$2,05719 MPGAbout average
2011$4,487$5,926$449$2,21919 MPGMore than average

Should you keep it?

Keeping vs replacing your Chevrolet Traverse

A paid-off car is usually the cheapest car you can drive, even with repairs: a replacement starts losing value the day you buy it and comes with tax, fees and often a loan. Switching tends to pay only when repairs get large and frequent, or a much more efficient car cuts fuel costs enough. Keep or Switch compares your Chevrolet Traverse against any replacement, including the costs of switching.

Questions

Common questions

How much does it cost to own a Chevrolet Traverse per year?

For a 2018 model at typical mileage, about $5,973 a year in value lost, insurance, fuel, maintenance, repairs and registration, not counting any loan. Years in the table range from $5,726 to $8,008.

Which Chevrolet Traverse years have the most problems?

In NHTSA owner complaint data, 2018 drew the most repair-heavy complaints relative to similar cars. Complaints are voluntary and busier models draw more of them, so treat this as a weak signal.

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