Chevrolet Traverse vs Toyota Grand Highlander: cost to own

Verdict, over 6 years

The Chevrolet Traverse costs about $4,602 less

That's $64 a month. Closest matching trims: same fuel and drive where possible.

Traverse LT✓ $1,421/moTrue cost

Grand Highlander XLE$1,485/moTrue cost

2026 Chevrolet Traverse

Closest matching trim: Traverse LT

Sticker (MSRP)$51,799

+$10,399→↓Freight, fees, HST

Drive away$62,198

+ running costs→↓− $22,756 resale

True cost$1,421/moA month to own, after resale

2026 Toyota Grand Highlander

Closest matching trim: Grand Highlander XLE

Sticker (MSRP)$52,135

+$10,261→↓Freight, fees, HST

Drive away$62,396

+ running costs→↓− $25,842 resale

True cost$1,485/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $51,799	$52,135	Traverse by $336
Freight and fees, before tax	$3,244	✓ $3,083	Grand Highlander by $161
Sales tax (HST)	✓ $7,156	$7,178	Traverse by $22
Drive-away price	✓ $62,198	$62,396	Traverse by $198
Running costs, 6 years
Fuel or charging	$18,581	✓ $16,740	Grand Highlander by $1,841
Insurance (estimate)	✓ $11,746	$19,400	Traverse by $7,654
Maintenance (estimate)	✓ $7,717	$9,314	Traverse by $1,597
Loan rate	6.5%	6.5%	—
Loan interest	✓ $12,030	$12,071	Traverse by $41
Lost return on your money	✓ $12,736	$12,774	Traverse by $38
Resale after 6 yrs	−$22,756	✓ −$25,842	Grand Highlander by $3,086
Total
True cost	✓ $102,343	$106,944	Traverse by $4,601
True cost a month	✓ $1,421/mo	$1,485/mo	Traverse by $64
You pay each month	✓ $1,491/mo	$1,597/mo	Traverse by $106
Practical
Fuel type	Gas	Gas	—
Seats	7	8	—
Carry-ons, 2 people	8+	8+	—
Towing, lb	5,000	5,000	—
Cargo behind row 2, litres	1,603	✓ 1,640	—
Length	5.19 m	5.11 m	—
Ground clearance	17 cm	✓ 20 cm	—
Resale % after 6 yrs	44%	✓ 50%	—
US crash test	5★	5★	—

Price

Sticker (MSRP)

Traverse LT ✓ $51,799Grand Highlander XLE $52,135Cheaper by Traverse by $336

Freight and fees, before tax

Traverse LT $3,244Grand Highlander XLE ✓ $3,083Cheaper by Grand Highlander by $161

Sales tax (HST)

Traverse LT ✓ $7,156Grand Highlander XLE $7,178Cheaper by Traverse by $22

Drive-away price

Traverse LT ✓ $62,198Grand Highlander XLE $62,396Cheaper by Traverse by $198

Running costs, 6 years

Fuel or charging

Traverse LT $18,581Grand Highlander XLE ✓ $16,740Cheaper by Grand Highlander by $1,841

Insurance (estimate)

Traverse LT ✓ $11,746Grand Highlander XLE $19,400Cheaper by Traverse by $7,654

Maintenance (estimate)

Traverse LT ✓ $7,717Grand Highlander XLE $9,314Cheaper by Traverse by $1,597

Loan rate

Traverse LT 6.5%Grand Highlander XLE 6.5%Cheaper by —

Loan interest

Traverse LT ✓ $12,030Grand Highlander XLE $12,071Cheaper by Traverse by $41

Lost return on your money

Traverse LT ✓ $12,736Grand Highlander XLE $12,774Cheaper by Traverse by $38

Resale after 6 yrs

Traverse LT −$22,756Grand Highlander XLE ✓ −$25,842Cheaper by Grand Highlander by $3,086

Total

True cost

Traverse LT ✓ $102,343Grand Highlander XLE $106,944Cheaper by Traverse by $4,601

True cost a month

Traverse LT ✓ $1,421/moGrand Highlander XLE $1,485/moCheaper by Traverse by $64

You pay each month

Traverse LT ✓ $1,491/moGrand Highlander XLE $1,597/moCheaper by Traverse by $106

Practical

Fuel type

Traverse LT GasGrand Highlander XLE GasCheaper by —

Seats

Traverse LT 7Grand Highlander XLE 8Cheaper by —

Carry-ons, 2 people

Traverse LT 8+Grand Highlander XLE 8+Cheaper by —

Towing, lb

Traverse LT 5,000Grand Highlander XLE 5,000Cheaper by —

Cargo behind row 2, litres

Traverse LT 1,603Grand Highlander XLE ✓ 1,640Cheaper by —

Length

Traverse LT 5.19 mGrand Highlander XLE 5.11 mCheaper by —

Ground clearance

Traverse LT 17 cmGrand Highlander XLE ✓ 20 cmCheaper by —

Resale % after 6 yrs

Traverse LT 44%Grand Highlander XLE ✓ 50%Cheaper by —

US crash test

Traverse LT 5★Grand Highlander XLE 5★Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $336.