How much does the 2016 Chevrolet Colorado cost?

Prices have softened 4.46% compared to this time last year, making it a favorable time to shop this model year.

There are 1,365 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $16,881.50, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Colorado a good car?

Generally — the 2016 Chevrolet Colorado earns a 4.2/5 user rating and a 6.67/10 expert rating. The standout strength is Form and function at 9/10.

Owners consistently praise its value, performance, and comfort, and they also like its manageable size for everyday use. The overview points to a truck that gives you midsize practicality, city-friendly packaging, and available diesel power, which helps explain why it appeals to shoppers who want capability without full-size bulk.

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

Is the 2016 Chevrolet Colorado reliable?

Owners rate it 4.2/5, a solid signal of long-term satisfaction.

Owner feedback points to a truck that many drivers find reliable and dependable enough for everyday use, with praise for its value and capability over time. The expert notes also emphasize that the Colorado can be a practical, long-term choice when you want a smaller truck that still feels useful.

The safety equipment includes OnStar crash response, a backup camera, lane-departure warning, forward-collision alert, and a driver-side mirror with a wide-angle inset to help reduce blind spots. That said, used buyers should still watch for wear, prior damage, and any signs that the truck has been worked hard.

What should I look for when buying a used 2016 Chevrolet Colorado?

At 62.3% 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 separate clean trucks from ones with collision repairs. After that, prioritize a close inspection of body panels, bed condition, and any signs of uneven wear or poor repair work. Because this truck is often bought for utility, focus on how well it has been maintained rather than just how it looks in photos.

Key things to evaluate:

• Trim level: The Base trim comes standard with LED headlights, a 6-speaker stereo, a power driver’s seat, and a USB port, while the LT adds power mirrors, an additional USB port, and 4G LTE hotspot capability. The Z71 adds a power-locking tailgate, heavy-duty suspension, all-terrain tires, and remote start.
• Powertrain: The Colorado offers a 200-horsepower 4-cylinder, a 305-horsepower 3.6-liter V6, and a 2.8-liter Duramax diesel with 181 horsepower and 369 pound-feet of torque. The diesel delivers the strongest low-end pull and the best fuel economy.
• Safety package: Every Colorado includes a backup camera, and available driver aids include lane-departure warning and forward-collision alert. The driver-side mirror’s wide-angle inset is a useful blind-spot aid.
• Infotainment: MyLink uses a 4.2-inch color screen in base form, while other models get an 8-inch touchscreen. Apple CarPlay is available, and the system supports voice control for navigation and media.
• Fuel efficiency: The diesel returns 22 mpg city/31 highway/25 combined with rear-wheel drive and 20/29/23 with 4WD. The 3.6-liter V6 with 4WD gets 17/24/20.

Which 2016 Chevrolet Colorado trim should I buy?

The 2016 Chevrolet Colorado is offered in 4 trim levels: Base, WT, LT, and Z71.

Here's the short version:

• Base trim: This is the most stripped-down choice, and it lacks the added convenience and capability touches found higher up the range.
• Sweet-spot trim: The LT is the best balance for many shoppers because it adds power mirrors, an extra USB port, and 4G LTE hotspot capability without jumping all the way to the more rugged Z71.
• Premium/top trim: The Z71 is the most appealing if you want the most truck-focused setup, with a power-locking tailgate, heavy-duty suspension, all-terrain tires, and remote start.

Is now a good time to buy a used 2016 Chevrolet Colorado?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 31.1% of listings are priced as good or great deals.
• Inventory: There are 1,365 listings available.
• Price trend: Prices have softened 4.46% compared with last year.
• Clean inventory: 62.3% of listings are accident-free.

If you find a listing below $16,881.50, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Colorado's resale value?

The current average of $17,050 sits slightly below last year's $17,847.

That price movement suggests the Colorado has softened enough to help you buy more carefully now, but it also means future sellers may face some pressure if the market stays competitive. If you buy well and keep the truck in strong condition, you should be in a better position to protect value later. Trucks with broad appeal and strong owner satisfaction tend to stay easier to resell than niche vehicles.

Vehicles with solid owner satisfaction ratings, like this model year's 4.2/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Chevrolet Colorado safe?

It earns a 7/10 safety score from our experts.

The Colorado includes a backup camera, OnStar crash response, lane-departure warning, and forward-collision alert, plus a driver-side mirror design that helps reduce the left blind spot. That combination gives you a useful safety baseline for a midsize truck, especially if you value everyday parking and visibility aids.

One thing to keep in mind is that some of the more advanced driver-assistance features are optional rather than universal, so you should confirm exactly what a used listing includes before you buy. If you want the most confidence, prioritize trucks that have the available safety package and verify that all systems work properly.

Should I buy a 2016 Chevrolet Colorado or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 31.1% of listings are priced as good or great deals.
• At 62.3% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.46% compared with last year.
• Owners rate it 4.2/5 — a solid satisfaction signal.
• The 2016 stands out for its manageable size, diesel availability, and city-friendly usefulness.

Consider the 2015 if:

• At $15,657, the 2015 costs less than the current year's $17,050 average.
• It offers a reborn midsize-truck formula with modern styling and technology.

The bottom line: If you want the stronger current-market balance of price, inventory, and owner satisfaction, the 2016 is the better target. If your priority is spending less up front, the 2015 is the more budget-friendly path and still delivers the Colorado’s core appeal.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.