The Chevy Traverse is currently in its third generation, launching for the 2024 model year after a reveal in July of 2023. The second-gen Traverse launched for the 2018 model year, while the first-gen launched for the 2009 model year. Over the years, pricing for the Chevy Traverse has increased, however, this trend has been particularly evident over the last half decade. In fact, Chevy Traverse pricing has increased by 36 percent since the 2021 model year.
Taking a look back, the 2021 Chevy Traverse started at $30,995, as compared to an MSRP of $41,295 for the current entry-level 2025 Traverse. To note, destination freight charge is included in both MSRP figures.
That all said, the $30,995 base price for the 2021 model year was for the “de-contended” Traverse L, a barebones entry-level trim that was discontinued after the 2021 model year. Additionally, the Traverse LS, which slotted just above the L, was dropped after the 2024 model year.
That makes the LT the new entry-level trim for the 2025 model year, and as such, buyers get a whole lot more content than the 2021 Traverse L. With that in mind, it’s more of an apples-to-apples comparison to say that pricing for the Traverse increased by 15 percent, given the pricing difference between the 2021 Traverse LT ($36,995) and 2025 Traverse LT ($42,195).
Check out the table below for a more thorough breakdown of Chevy Traverse base prices between the 2021 and 2025 model years:
| Trim Level | 2021 | 2022 | 2023 | 2024 (Limited) | 2024 (New) | 2025 | Increase 2025 vs. 2021 |
|---|---|---|---|---|---|---|---|
| L | $30,995 | - | - | - | - | - | - |
| LS | $34,095 | $34,895 | $35,615 | $35,915 | $38,995 | - | - |
| LT | $36,595 | $37,395 | $38,140 | $38,440 | $41,395 | $42,195 | 15.3% |
| Z71 | - | - | - | - | $47,795 | $49,295 | - |
| Premier | $46,995 | $47,795 | $48,295 | $48,595 | - | - | - |
| High Country | $52,095 | $52,395 | $53,095 | $53,395 | - | $55,295 | 6.1% |
| RS | - | - | - | - | $55,595 | $55,595 | - |
To note, pricing for the RS trim changed quite a bit for the 2025 model year, increasing by $1,200 before dropping $1,500, then increasing again by $200 and $100. All of this was the result of equipment reshuffling on the part of Chevrolet, as GM Authority covered previously. Also of note, the destination freight charge for the Chevy Traverse gradually increased from $1,195 to $1,495 between the 2021- through 2025-model-year period.
As a reminder, the 2025 Chevy Traverse is powered by the turbocharged 2.5L I4 LK0 gasoline engine, while the GM C1-2 platform provides the underpinnings. Production takes place at the GM Lansing Delta plant in Michigan.
Comments
Everybody knows one big reason why: gm’s EV agenda. They’re building a cushion of profit on the backs of American families who need a large wagon/UTV in order to soften the blow of money-losing EV. And now that Americans have spoken with their wallets loud and clear about the EV takeover, do you think gm will moderate MSRPs on gas vehicles? NOT A CHANCE. They saw an opening and blasted through it.
Have you checked out Explorer, Pilot, Highlander and Telluride prices? Your ridiculous Luddite argument doesn’t hold water, especially when you consider Honda and Toyota have spent almost nothing on their EV programs.
If they kept the 3.6L, prices would be mostly fine.
To option a beige/tan/off-white interior with leather/faux leatherette in a Traverse will cost you $58,000+, as you need to go up to the High Country trim — and it doesn’t even change the pillar or roof trim colors. All for a noisy 2.5L engine. They should have used the 2.7L L3B, even at reduced boost, to help move the vehicle and not have so much turbo whine. Pricing for any kind of upmarket options attached to the LK0 are insane for the engine you get.
Even just a few years ago, $58,000 got you into a decently-equipped Tahoe with a V8.
Overpriced, ugly, doesn’t get better mpgs than 3.6L,and is noisy as all get out.
I love our 2021 Redline Traverse. 76k miles. Runs like a champ. 3.6L get excellent mpgs. Around 26 for lifetime of owning it new and highway miles are 70 to 80 mph depending on the interstate or highways we are driving. Ill keep it for a lot longer. These prices have gotten out of hand