Used 2023 Chevrolet Colorado for Sale nearWoodbridge, ON

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 5.65% compared to this time last year, making it a favourable time to shop this model year.

There are 238 listings available, which gives you a reasonable amount of choice if you’re comparing trims and equipment.

Is the 2023 Chevrolet Colorado a good car?

With a 3/5 user rating and an expert rating of 6.5/10, the 2023 Chevrolet Colorado looks like a capable but compromise-heavy midsize truck. It is aimed at you if you want a crew-cab, short-bed pickup with strong capability, modern tech, and a design that leans toward recreation.

The standout strength is Technology at 9/10.

The Colorado’s appeal comes from its robust engineering, strong payload and towing figures, and the fact that even the base trim gets modern instrumentation, infotainment, connectivity, and safety technology. The trade-offs are clear, though: the interior materials feel cheap, fuel economy is poor, and the forward collision warning system can be aggravating.

The market shows 31.1% of listings as good or great deals, which suggests there are still some attractive opportunities if you shop carefully.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Colorado is presented as a thoroughly updated truck with a strong feature set and robust engineering, but its ownership experience depends heavily on how you feel about its quirks. The expert assessment highlights plenty of capability and useful technology, while also pointing to a frustrating forward collision warning system and disappointing fuel economy.

The performance coverage describes the truck as confidently composed on pavement and capable off-road, with a rigid structure, responsive controls, and a powertrain that delivers satisfyingly swift acceleration. That said, the same evaluation also notes that the engine note is not especially engaging and that the truck’s fuel economy is disappointing.

Chevrolet’s cost-effectiveness notes also underline that the truck’s value can be undermined by the safety-system behaviour and by fuel use that can eat into the savings over time. For used buyers, the long-term risk is less about outright mechanical weakness and more about living with a truck whose safety tech and operating costs may wear on you.

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

Key things to evaluate:

• Trim level: The WT is the most basic version, and it lacks some of the more purposeful off-road hardware and nicer cabin touches found on higher trims. The LT, Trail Boss, Z71, and ZR2 bring more body-colour detailing and better-equipped interiors, while the Trail Boss adds a skid plate and a more rugged look.
• Powertrain: Every version uses a turbocharged 2.7-litre four-cylinder engine, with WT and LT tuned for 237 horsepower and 260 lb-ft of torque, while Trail Boss, Z71, and ZR2 versions get 310 horsepower and 391 lb-ft. The ZR2’s high-output version delivers 430 lb-ft of torque.
• Safety package: 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. 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, wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM satellite radio, OnStar, Chevrolet connected services, and a Wi-Fi hotspot. Digital instrumentation is standard, with an 8-inch display on most trims and an 11-inch display 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 the core Colorado formula with digital instrumentation, the 11.3-inch touchscreen, and the standard safety suite. It makes sense if you want the lowest-cost way into the redesigned truck, but it is also the most stripped-back in appearance and feel.
• LT: This is the best-value choice for many shoppers because it adds more equipment and can be paired with the stronger engine tune and 4WD. If you want a more balanced mix of everyday usability and capability, this is the trim to focus on.
• Trail Boss: This is the one to choose if you want a more off-road-focused setup, including a suspension lift, all-terrain tyres, hill descent control, and a two-speed transfer case. It suits you if rough roads and trail use matter more than comfort.
• Z71: This trim builds on the stronger engine tune and adds a more polished, capable setup with all-terrain tyres and standard 4WD. It is a good fit if you want capability without going all the way to the most extreme version.
• ZR2: This is the most serious off-road model, with the highest-output torque figure, a larger instrument display, mud-terrain tyres, a 7.6-cm lift, and Multimatic DSSV dampers. It is the right pick if off-road performance is your priority.

Chevy Safety Assist is standard across the lineup, but the optional driver-assistance upgrades are worth checking for on any used example.

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

This looks like a moderate, selective buyer’s market, so you can be choosy if you’re comparing multiple listings.

• Deal availability: 31.1% of listings are priced as good or great deals.
• Inventory: There are 238 listings available.
• Price trend: Prices have softened 5.65% compared with last year.

If you find a listing below $43,148 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 $43,816 CAD sits slightly below last year's $46,437 CAD.

That price movement suggests the Colorado has softened enough to give used buyers some leverage, but it also means sellers may need to be realistic about expectations. If you own one, the truck’s strong equipment and capability help support value, but the market is clearly pricing in its fuel economy and safety-system drawbacks. For future resale, well-equipped trims with desirable features should hold up better than the most basic versions.

Is the 2023 Chevrolet Colorado safe?

The 2023 Colorado earns a Top Safety Pick from IIHS and a three-star overall rating from NHTSA.

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

Chevy Safety Assist is the standard driver-assistance suite, 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. OnStar adds SOS emergency calling and automatic crash notification, while Teen Driver and Buckle to Drive add family-focused safety tools.

The main caveat is the forward collision warning system, which is described as overly sensitive and prone to false alerts. Optional upgrades such as adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors can improve day-to-day confidence, but they are not standard.

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:

• 31.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.65% compared with last year.
• It gives you a thoroughly redesigned truck with strong tech and capability.

Consider the 2024 if:

• At $48,280 CAD, the 2024 costs more than the current year's $43,816 CAD average.
• It leans more toward recreation than work.

The bottom line: If you want the better value, the 2023 is the smarter starting point because it delivers the redesigned Colorado experience at a lower average price. If you are willing to pay more for a newer model-year direction and a more lifestyle-focused personality, the 2024 is the alternative to compare. For price-sensitive buyers, the 2023 is the more compelling buy.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.