Used 2020 Chevrolet Colorado for SaleNationwide

How much does the 2020 Chevrolet Colorado cost?

Prices have softened 5.75% compared to this time last year, making it a favorable time to shop this model year.

There are 2,430 listings available, which suggests you have a solid amount of inventory to compare.

Is the 2020 Chevrolet Colorado a good car?

Yes — the 4.67/5 user rating points to strong owner satisfaction, and the overview describes the 2020 Colorado as a midsize pickup that balances capability, comfort, and everyday usefulness. It also highlights good value for the money, especially in the mid-range and high trims, along with more space than many rivals and useful truck utility.

For you, that means this model year makes the most sense if you want a practical midsize pickup that can handle daily driving without giving up truck capability. 30.3% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2020 Chevrolet Colorado reliable?

Owners rate it 4.67/5, a strong signal of long-term satisfaction.

The overview also notes that the Colorado’s reliability record was hurt by early transmission woes, including recurring issues with the eight-speed automatic transmission in models built from 2014 to 2019 and even a few later ones. That makes it especially important for you to verify service history and pay close attention to how the transmission behaves on a test drive.

What should I look for when buying a used 2020 Chevrolet Colorado?

At 68.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can screen for accident records and major repairs before you spend time on a test drive. Then prioritize a thorough inspection of the transmission, since the model’s reliability concerns center on recurring automatic-transmission issues. Focus on overall condition, maintenance records, and how the truck shifts under light and hard acceleration.

Is now a good time to buy a used 2020 Chevrolet Colorado?

This looks like a moderate market, so you can be selective without expecting a deep buyer’s-market discount.

• Deal availability: 30.3% of listings are priced as good or great deals.
• Inventory: There are 2,430 listings available.
• Price trend: Prices have softened 5.75% compared with last year.
• Clean inventory: 68.4% of listings are accident-free.

If you find a listing below $22,430, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Colorado's resale value?

The current average of $22,667 sits slightly below last year's $24,050.

That softer pricing suggests the market has already adjusted downward, which can help you buy at a more favorable entry point. For a future seller, that also means resale value may depend more on condition, mileage, and trim appeal than on broad market momentum. Well-kept examples should still attract interest because the Colorado’s utility and midsize-truck versatility remain part of its appeal.

Vehicles with strong owner satisfaction ratings, like this model year's 4.67/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Chevrolet Colorado or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 30.3% of listings are priced as good or great deals.
• At 68.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.75% compared with last year.
• Owners rate it 4.67/5 — a strong satisfaction signal.

Consider the 2019 if:

• At $21,989, the 2019 costs less than the current year's $22,667 average.
• It emphasizes simple, practical capability with available diesel and ZR2 appeal.

The bottom line: If you want the better-balanced shopping target, the 2020 is the stronger primary choice because it combines solid owner satisfaction, a softer price trend, and meaningful inventory. If your priority is saving money upfront, the 2019 is the better secondary path, especially if you value straightforward capability over newer-year pricing.

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