New Chevrolet Colorado for Sale nearThunder Bay, ON

How much does the Chevrolet Colorado cost in today's market?

Used Chevrolet Colorado prices span a wide range depending on model year. Here's what the market looks like right now:

The Chevrolet Colorado's current nationwide average price is $36,776 CAD, and its lowest point over the past year was $34,983 CAD.

Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Chevrolet Colorado a good car?

Yes — the Chevrolet Colorado is a strong used pickup choice if you want a compact footprint with real truck capability. The all-generations owner rating is 4.24/5 across every model year in the data.

Owners consistently praise its balance of performance, comfort, and versatility, along with its smooth ride and useful towing ability. Reviewers also frequently highlight the spacious interior and the truck’s everyday practicality for both family and work use.

Expert reviews rate the 2025 and 2024 models among the highest across all years.

The main trade-offs across recent expert-tested years centre on poor fuel economy, cabin materials that feel cheap, and ergonomic quirks in the interior. Some versions also draw criticism for noisy operation and a ride that can feel busy on rough pavement.

31.4% of listings are priced as good or great deals.

Are Chevrolet Colorado models reliable?

Owners and experts consistently praise the Colorado for its capability, versatility, and strong performance in higher trims. Across the model years in the data, it also earns recurring praise for comfort, towing strength, and a practical cabin layout.

• Owners rate the Chevrolet Colorado between 3.0 and 4.75 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is most worth watching in earlier second-generation trucks, where transmission issues and other repair concerns show up more often.

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

Key things to evaluate:

• Safety package: Chevy Safety Assist and Safety Package with forward-collision warning, automatic emergency braking, pedestrian and cyclist detection, lane departure warning, lane keep assist, automatic high-beam headlights, and a safe following distance indicator.
• Infotainment: 11.3-inch touchscreen infotainment system running on Google built-in technology with Google Maps, Google Assistant, Google Play Store access, wireless Apple CarPlay, and wireless Android Auto.
• Fuel efficiency: 11.1 litres per 100 kilometres in combined city and highway driving (RWD models), and 13.1 L/100 km in combined city and highway driving on the test vehicle.

Which Chevrolet Colorado trim should I buy?

The 2026 Chevrolet Colorado offers these trims:

• WT: The work-truck foundation gives you the Colorado’s core capability at the lowest entry point, and it suits buyers who want a straightforward truck with room to add equipment.
• LT: This mid-grade trim adds more interior amenities and serves as the basis for the Z71, making it the best-value starting point for many shoppers.
• Trail Boss: This trim adds off-road-tuned suspension, a five-centimetre factory lift, a wider stance, all-terrain tyres, Off-Road and Terrain driving modes, and hill descent control for buyers who want trail-ready hardware.
• Z71: Built from the LT, this trim adds off-road capability and sits above the more basic versions for shoppers who want a more equipped daily driver.
• ZR2: The top trim adds even more features and extra off-roading hardware, including 33-inch mud-terrain tyres and Multimatic DSSV dampers.

What Chevrolet Colorado do most buyers choose?

The Chevrolet Colorado years with the most listings are 2023, 2024, and 2022.

These higher-volume years tend to be the most popular because they give you more inventory to compare, which can make it easier to find the right trim, price, and condition. They also often sit in the sweet spot between newer features and used-car value.

What is the Chevrolet Colorado's resale value?

Most Colorado model years are down year over year, and several have posted double-digit declines. That pattern can work in your favour as a used buyer because it opens up more room to find value in recent and older model years alike.

The 2015, 2023, and 2020 model years have held their value best, with the smallest year-over-year price changes.

Is the Chevrolet Colorado safe?

• 2026: 4/10
• 2025: 8/10
• 2024: 9/10
• 2023: 3/10

The 2026 Colorado includes Chevy Safety Assist and Safety Package features such as forward-collision warning, automatic emergency braking, pedestrian and cyclist detection, lane departure warning, lane keep assist, automatic high-beam headlights, and a safe following distance indicator.

For the safest used buy, the 2024 model posts the highest confirmed score of 9/10.

Should I buy a used Chevrolet Colorado now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −13.02% versus a year ago, and the 2024 model is at −6.86%.
• Deal availability: The 2025 model has 32.7% good and great deals, and the 2024 model has 31.9%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $43,976 CAD. The Chevrolet Colorado offers a versatile, right-sized truck character that blends everyday usability with real capability.

Consider waiting if:

• Powertrain/efficiency: All 2026 Chevrolet Colorado trims come with a turbocharged 2.7-litre four-cylinder engine and an eight-speed automatic transmission, and the engine returns as little as 11.1 litres per 100 kilometres in combined city and highway driving.
• Tech: The latest model includes an 11-inch digital driver display and an 11.3-inch touchscreen infotainment system running on Google built-in technology with Google Maps, Google Assistant, and access to apps via the Google Play Store.
• Safety: The latest model includes Chevy Safety Assist and Safety Package features such as forward-collision warning, automatic emergency braking, pedestrian and cyclist detection, lane departure warning, lane keep assist, automatic high-beam headlights, and a safe following distance indicator.
• Starting price: Prices range from $42,943 CAD to $64,243 CAD.

If you're buying used today, the 2023 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.