What is the Trade-in Value of My Chevrolet Traverse?

Do you want to sell or trade-in your SUV? You may be looking for easy and convenient ways to learn more about the current resale value of your Chevrolet Traverse before.

The simplest way to obtain an estimate of your SUV’s current value is to consult with a professional appraiser at a dealership or fill out an online car valuation form on a website like Kelley Blue Book. Both options can provide estimates based on various factors, such as the vehicle’s condition, mileage, and age. In order to use Kelley Blue Book’s car valuation form and find out the current resale value of your Chevrolet Traverse, you can enter your vehicle’s 17-digit VIN and your email (Vehicle Identification Number) into the online form. You can typically find the VIN on the driver’s side dashboard near the windshield or on the driver’s side door jamb. Or, you can fill out the short car valuation form on the KBB website by providing the following details:

  • Accurate Information About Your Car, Including Its Make, Model, Year, and Other Relevant Details
  • Your Zip Code

The trade-in value of your Chevrolet Traverse will depend on the following important characteristics:

  • The Age of Your Vehicle: As vehicles get older, they are often perceived as less desirable by buyers and depreciate in value. One of the reasons why newer models tend to be worth more than older cars is because they usually have updated technology and features, as well as less wear and tear on their engines.
  • The Overall Condition of Your Chevrolet Traverse: The condition of your vehicle can significantly affect its value, as a well-maintained and clean car is likely to have a higher resale value than a car that has been poorly maintained or damaged. If you want to keep your car in good condition, you will need to perform regular maintenance tasks, such as oil changes, tire rotations, and brake inspections. It is also important to keep your SUV clean to avoid the potential buildup of dirt and debris, which can cause damage over time. Additionally, you should address any minor mechanical issues as soon as possible before they become major problems.
  • The Current Mileage of Your Vehicle: The number of miles on your SUV’s odometer will greatly impact its value. A car with low mileage is usually worth more than one with high mileage, so reducing the number of miles you drive each week is important! If you want to avoid putting a lot of miles on your vehicle, you can try to limit the amount of driving you do by combining errands and planning efficient routes. Additionally, you can consider alternative modes of transportation, such as biking or walking for short trips. You can also use public transportation to get to work if you live in a populated area and have access to an efficient bus or train system.

Before you visit a dealership to trade in your vehicle, you should research the process to ensure that you are getting a fair deal and consider any additional costs associated with trading in your Chevrolet Traverse, such as taxes or fees.

Quick Facts About the Chevrolet Traverse

value of chevrolet traverse

Here are some quick facts about the Chevrolet Traverse:

  • The mid-size SUV is manufactured by General Motors and has been in production since 2009.
  • The Chevrolet Traverse comes with a standard 310 horsepower V-6 engine.
  • Recent models have consistently received high safety ratings from reputable organizations like the National Highway Traffic Safety Administration (NHTSA).
  • This vehicle can accommodate up to eight passengers.

Can I Borrow Against the Value of My Chevrolet Traverse?

If you need some extra cash, you may be wondering whether you can borrow against the value of your Chevrolet Traverse. A title loan is a type of secured loan that is flexible and convenient. If you are eligible, you can use your Chevrolet Traverse as collateral for the loan and access emergency cash.1

You must pledge the title to your Chevy Traverse as collateral in order to obtain a title loan, but you can continue to drive your SUV throughout the repayment process! A title lender will add a lien to your vehicle’s title once the loan is funded, and this will give them a legal claim to your vehicle throughout the duration of the loan. As soon as your title loan is paid off, the lien is removed from your SUV’s title.

In order to get a ChoiceCash title loan on your Chevrolet Traverse, you will need to meet the basic requirements:1

  • Be of Legal Age to Sign a Loan Agreement in Your State
  • Be Able to Provide Sufficient Evidence of Your Ability to Repay the Loan
  • Have a Title to a Qualifying Chevrolet Traverse in Your Name

In addition to meeting the initial requirements, you will be required to upload a few documents online to verify your identity and other pertinent information.1

Title Loan Value of a Chevrolet Traverse

The amount of emergency cash you can receive through a car title loan is largely based on the value of your Chevrolet Traverse, the state you reside in, and your income.1

The average title loan amount for a ChoiceCash title loan serviced by LoanMart on a Chevy Traverse is $5,651, with around 105,321 miles on the odometer reading.

Take a closer look at the table below to learn more about the amount you could potentially receive through a ChoiceCash title loan! Our team has provided a few estimated loan amounts for various model years of Chevrolet Traverses:1

MakeModelYearAvg. MileageAvg. Loan

Are you curious about the amount you could receive if you are eligible for a ChoiceCash title loan on your Chevrolet Traverse? To start the application process, all you have to do is fill out a short inquiry form online or give us a call at 855-422-7402.1

How Can I Apply for a Title Loan on the Value of My Chevrolet Traverse?

title loan value of chevrolet traverse

Applying for a title loan on your Chevrolet Traverse should be simple and efficient.

With ChoiceCash title loans serviced by LoanMart, you can take advantage of a streamlined application process! Here’s what you can expect the three-step application process for a title loan to look like:1

  • Step 1: The first step is to apply for a title loan online or over the phone.1
  • Step 2: Once you have submitted your initial application, you will need to provide the following documents in order to verify your information:1
    1. Proof of Income
    2. Recent Photos of Your Chevrolet Traverse
    3. A Valid, Government-Issued Photo ID
    4. Proof of Address
    5. A Vehicle Title in Your Name
  • Step 3: If you are eligible for a ChoiceCash title loan on your Chevrolet Traverse, the last step is to sign your loan agreement! Qualified applicants who meet the initial requirements and provide the correct paperwork can access their loan proceeds in as little as one business day!1 You can choose between one of the following ways to get your title loan funds:
    • Direct Deposit to Your Bank Account
    • Have the Money Added to a Debit Card
    • Receive a Check in the Mail
    • Visit a Participating Money Transfer Location Near You

A title loan can be a helpful resource to utilize if you need quick funding to get back on your feet. Apply for the financial help you need through a ChoiceCash title loan serviced by LoanMart today! Click here to fill out a short prequalification form online, or dial 855-422-7402 to get in touch with a ChoiceCash title loan agent.1

Nooreen B.
Nooreen B.
Nooreen B. is a seasoned financial writer who is currently based in the windy city of Chicago and is a valuable member of the ChoiceCash content team. With over 5 years of experience in the financial services industry, including tenures at a variety of Fintech companies, Nooreen confidently produces quality content that adheres to the strict editorial guidelines for ChoiceCash. In her free time, she competes in local watercolor art competitions in Chicago.