Used 2023 Chevrolet Colorado for Sale nearEdmonton, AB

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 5.60% compared to this time last year, making it a favourable time to shop this model year.

There are 231 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Chevrolet Colorado a good car?

The 2023 Chevrolet Colorado is a strong fit if you want a well-equipped midsize truck with a clear focus on capability and technology, though it comes with a few notable compromises. It earns a 3/5 user rating and a 6.5/10 expert rating.

The standout strength is Technology at 9/10.

Chevrolet gives you a crew-cab, short-bed layout, a turbocharged four-cylinder powertrain, and a truck that is described as robustly engineered. It also brings impressive payload and towing capability, plus styling that lands well overall.

The trade-offs are just as clear: the interior materials feel cheap, fuel economy is poor, and the forward collision warning system is aggravating.

With 26.0% of listings priced as good or great deals, there is still some room to shop selectively.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Chevrolet Colorado is described as fundamentally appealing, but its long-term appeal depends on how you feel about its known weaknesses. The truck’s robust engineering and broad feature set work in its favour, while the expert evaluation also flags a frustrating forward collision warning system and disappointing fuel economy.

The performance side is strong, with a turbocharged 2.7-litre four-cylinder engine and an eight-speed automatic transmission. The truck is also described as remarkably quiet on the highway, structurally rigid, and easy to drive, which supports day-to-day dependability.

Chevrolet’s standard safety suite includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. The cost-effectiveness commentary also notes that the forward collision warning issue is serious enough to be a major hassle for owners.

For used buyers, the biggest long-term ownership risk is that an irritating safety system could become a daily annoyance you cannot easily ignore.

What should I look for when buying a used 2023 Chevrolet Colorado?

Key things to evaluate:

• Trim level: The base Work Truck trim is the most stripped-down choice, while the LT, Trail Boss, Z71, and ZR2 bring nicer cabins and more body-colour detailing. The WT also lacks the purposeful front skid plate found on the Trail Boss, so you should pay close attention to how much equipment you want from the start.
• Powertrain: Every 2023 Colorado uses a turbocharged 2.7-litre four-cylinder engine with an eight-speed automatic. WT and LT models make 237 horsepower and 260 pound-feet of torque, while Trail Boss and Z71 models step up to 310 horsepower and 391 pound-feet; ZR2 models use a high-output version with 430 pound-feet of torque.
• Safety package: Chevy Safety Assist is standard and includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. Adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors are optional.
• Infotainment: Every Colorado gets an 11.3-inch touchscreen infotainment system with Google Built-in technology, wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM satellite radio, OnStar and Chevrolet connected services, and a Wi-Fi hotspot. The digital instrumentation is 8 inches on most trims and 11 inches on the ZR2.
• Fuel efficiency: The official Natural Resources Canada fuel economy rating for the Trail Boss is 12.4 litres per 100 kilometres combined, and testing returned 13.8 L/100 km.

Which 2023 Chevrolet Colorado trim should I buy?

The 2023 Chevrolet Colorado is offered in 5 trim levels: WT, LT, Trail Boss, Z71, ZR2.

Here's the short version:

• WT: This is the entry point, and it still gives you digital instrumentation, the 11.3-inch touchscreen, Google Built-in, wireless smartphone integration, and standard Chevy Safety Assist. It makes the most sense if you want the lowest-cost way into the redesigned Colorado and do not need the extra off-road hardware or upgraded cabin touches.
• LT: This trim adds a more polished feel than the WT and is the better-value choice if you want a more everyday-friendly Colorado without jumping into the more off-road-focused models. It also keeps the same core tech and safety foundation while opening the door to more equipment.
• Trail Boss: This is the best-value trim if you want the Colorado’s off-road personality without going all the way to the top. It adds a suspension lift, all-terrain tyres, hill descent control, and a more purposeful look, making it the sweet spot for shoppers who want capability first.
• Z71: This trim builds on the Trail Boss formula with a more refined balance of capability and equipment. It keeps the stronger 2.7-litre tune and adds the kind of hardware that suits buyers who want a more versatile truck with a more upscale feel.
• ZR2: This is the most serious off-road version, with the high-output engine, a larger lift, mud-terrain tyres, exclusive Multimatic DSSV dampers, and the 11-inch instrument display. It is the right pick if you want the most capable Colorado and are willing to pay for it.

Chevy Safety Assist is standard across the lineup, but the more advanced driver-assistance features remain optional.

Is now a good time to buy a used 2023 Chevrolet Colorado?

This is a moderate market for selective buyers, so you can shop with some leverage if you are patient.

• Deal availability: 26.0% of listings are priced as good or great deals.
• Inventory: There are 231 listings available.
• Price trend: Prices have softened 5.60% compared with last year.

If you find a listing below $43,153 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Chevrolet Colorado's resale value?

The current average of $43,755 CAD sits slightly below last year's $46,351 CAD.

That price movement suggests the Colorado has softened enough to improve your buying position, especially if you are comparing similar trucks across trims. For a future seller, it also means you may not recover as much as you would have when prices were higher.

If the market stays near this level, resale should remain respectable, but not especially strong relative to last year’s average. That makes trim choice and purchase price especially important if you want to protect value later.

Is the 2023 Chevrolet Colorado safe?

The 2023 Colorado does not stand out as a safety leader, and its expert safety score reflects that.

It earns a 3/10 safety score from our experts.

Chevy Safety Assist is standard, and it includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. Optional safety equipment includes adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors.

The main caveat is the forward collision warning system, which is described as overly sensitive and prone to false alerts. That issue is serious enough that it could affect your day-to-day experience more than the rest of the safety package helps it.

Should I buy a 2023 Chevrolet Colorado or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 26.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.60% compared with last year.
• The redesign brings strong technology, off-road capability, and a more modern crew-cab-only layout.

Consider the 2024 if:

• At $47,965 CAD, the 2024 costs more than the current year's $43,755 CAD average.
• It shifts further toward recreation-focused use and adds a more modern, lifestyle-oriented personality.

The bottom line: The 2023 is the better value if you want the redesigned Colorado’s tech and capability without paying the newer-year premium. If you are price-sensitive, the 2023 is the smarter path; if you want the newer truck’s more recreation-focused direction and can spend more, the 2024 is worth a look.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.