Used 2023 Chevrolet Colorado for Sale nearSt. John's, NL

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 5.82% compared to this time last year, making it a favourable time to shop this model year.

There are 237 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 modern midsize truck with a clear focus on capability, technology, and off-road use, though it comes with a few notable compromises. It earns 3/5 from users and 6.5/10 from our experts.

The standout strength is Technology at 9/10.

Chevrolet gives you a crew-cab, short-bed layout, modern instrumentation, and a well-equipped cabin even in the base Work Truck trim. The truck also stands out for its robust engineering and impressive payload and towing capacity, which makes it appealing if you want a truck that can handle work duties without moving up to a full-size model.

The trade-offs are real: the interior materials feel cheap, fuel economy is poor, and the forward collision warning system can be aggravating.

With 29.5% of listings priced as good or great deals, there is some room to shop selectively.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Chevrolet Colorado is built around a modern redesign, and its turbocharged four-cylinder powertrain gives you a current mechanical foundation rather than an older carryover setup. Chevrolet also equips it with a broad set of standard safety and connectivity features, which adds to day-to-day confidence.

The turbocharged 2.7-litre engine is described as robustly engineered, and the truck’s structure feels rigid and composed on the road. That said, the forward collision warning system is overly sensitive, which can undermine the ownership experience if you drive in conditions that trigger false alerts.

Chevrolet also includes a first scheduled maintenance visit that is on the house, which helps reduce early ownership costs.

For used buyers, the main long-term risk is that an irritating safety system and disappointing fuel economy could make ownership feel less satisfying over time.

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

Key things to evaluate:

• Trim level: The base Work Truck trim gets the modern screens and core tech, but the cabin is described as especially plain and cheap-looking, while higher trims add nicer materials and more body-colour detailing.
• Powertrain: Every version uses a turbocharged 2.7-litre four-cylinder engine, with output varying by trim; the more capable trims get stronger tuning and the ZR2 uses a high-output version.
• 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 with Google Built-in, wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM, OnStar, a Wi-Fi hotspot, and over-the-air-style connected updates through Google-based services.
• Fuel efficiency: The Trail Boss is rated at 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 gives you the core Colorado experience with the standard turbocharged engine, digital instrumentation, and the 11.3-inch touchscreen. It makes sense if you want the lowest-cost way into the redesigned truck and can live with the plainest cabin.
• LT: This is the best-value trim for many shoppers because it adds more everyday polish while staying closer to the lower end of the range. It is a smart pick if you want a more balanced mix of equipment and price.
• Trail Boss: This is the one to choose if you want the Colorado’s off-road character without jumping all the way to the most extreme model. It adds a suspension lift, all-terrain tires, and more rugged hardware.
• Z71: This trim builds on the off-road theme with stronger engine tuning and more capability-focused equipment, making it a good middle ground if you want more punch and hardware than the LT.
• ZR2: This is the most serious off-road version, with the high-output engine, a larger instrument display, mud-terrain tires, and exclusive dampers. Choose it if off-road performance matters most.

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

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 29.5% of listings are priced as good or great deals.
• Inventory: There are 237 listings available.
• Price trend: Prices have softened 5.82% 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 $43,435 CAD sits slightly below last year's $46,121 CAD.

That price movement suggests the Colorado has softened enough to improve your buying position today. If you purchase at the current average or below, you may have less downside than a buyer who paid closer to last year’s peak.

For a future seller, the current trend means resale value may remain under pressure if the market stays focused on newer, better-equipped midsize trucks. A well-kept example should still hold appeal, but the strongest returns will likely come from trims and listings that are priced competitively from the start.

Is the 2023 Chevrolet Colorado safe?

The 2023 Colorado does not have a standout crash-test result cited here, but it does come with a standard suite of driver-assistance features through Chevy Safety Assist.

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

Chevy Safety Assist includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. OnStar also provides SOS emergency calling and automatic crash notification, while Teen Driver and Buckle to Drive add family-friendly oversight.

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 can become a real ownership annoyance.

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:

• 29.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.82% compared with last year.
• It gives you a redesigned truck with strong tech, solid capability, and a clear off-road focus.

Consider the 2024 if:

• At $48,050 CAD, the 2024 costs more than the current year's $43,435 CAD average.
• It shifts further toward recreation and lifestyle use.

The bottom line: Choose the 2023 if you want the better value and can live with its rough edges. If you want a newer, more lifestyle-focused Colorado and are willing to pay more, the 2024 is the alternative to consider.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.