2023 Chevy Traverse: Release Date, Price, and Specs — New Color Options for the SUV — What We Know so Far

The Chevrolet Traverse is a quality choice for the three-row midsize SUV segment, with its spacious interior, respectable gas mileage, and good performance. While the 2023 Traverse is a carryover model, it offers new color options. Find out what we know so far about the release date, price, specs, and features of the 2023 Chevy Traverse. 

When will the 2023 Chevy Traverse be released and available?

Front angle view of maroon 2023 Chevy Traverse, highlighting its release date and price
2023 Chevy Traverse | Chevrolet

The release date of the 2023 Chevy Traverse will likely be in late Summer/early Fall 2022. It will be available to buy at Chevrolet dealerships throughout the United States and in select international markets. The Chevy Traverse is built alongside the mechanically similar Buick Enclave at the GM Lansing Delta Township plant in Lansing, Michigan.

How much does the 2023 Chevy Traverse cost?

The 2023 Chevrolet Traverse SUV offers six trims: LS, LT Cloth, LT Leather, RS, Premier, and High Country. The starting price of the 2023 Traverse ranges from $33,920 MSRP for the LS trim up to $51,400 MSRP for the High Country trim. This is a slight cost increase from the 2022 Traverse, which has a starting price of $33,700 MSRP.

Here is the full price information for the 2023 Traverse with the starting cost for each trim:

  • LS: $33,920 MSRP
  • LT Cloth: $36,445 MSRP
  • LT Leather: $40,140 MSRP
  • RS: $44,445 MSRP
  • Premier: $46,600 MSRP
  • High Country: $51,400 MSRP

2023 Traverse specs: Engine output, towing, and gas mileage

Rear angle view of maroon 2023 Chevy Traverse, highlighting its release date and price
2023 Chevy Traverse | Chevrolet

All 2023 Chevy Traverse SUVs feature a 3.6-liter V-6 engine. Mated to a nine-speed automatic transmission, the engine generates 310 horsepower and 266 lb-ft of torque. Buyers of the Traverse have a choice of a front-wheel drive system or a traction-enhancing all-wheel drive system.

With its powerful engine, the Traverse delivers peppy acceleration, for it has a 0-60 mph time of 6.5 seconds. Also, the Traverse can tow up to 5,000 pounds. On the efficiency front, it gets an estimated gas mileage of up to 18 city/27 highway mpg.

What’s new for the 2023 Traverse?

Dashboard and front seats in 2023 Chevy Traverse, highlighting its release date and price
2023 Chevy Traverse | Chevrolet

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The 2023 Chevy Traverse is primarily a carryover model. However, the midsize SUV offers two new exterior paint color options: Radiant Red Tintcoat and Sterling Gray Metallic. Also, the LT Cloth, LT Leather, RS, Premier, and High Country trims now come standard with a wrapped steering wheel and shift knob. 

What are the SUV competitors of the Chevy Traverse?

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The SUV competitors of the Chevy Traverse include the Toyota Highlander, Kia Telluride, Hyundai Palisade, Jeep Grand Cherokee, Ford Explorer, GMC Acadia, Buick Enclave, Honda Pilot, and Subaru Ascent.

For warranty coverage, the 2023 Traverse has the backing of a 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty.

While the 2023 Chevy Traverse has a slight price increase, this additional cost is marginal considering high inflation. As more information about the 2023 Traverse becomes available, including its official release date, we’ll provide updates.

This article was updated on 7/25/2022.

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