How much does the 2016 Chevrolet Colorado cost?

Prices have softened 4.10% compared to this time last year, making it a favorable time to shop this model year.

There are 1,418 listings available, which suggests you have a workable amount of inventory to compare.

If you find a listing below $16,880.48, 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 — 4.2/5 from owners, which points to strong everyday satisfaction. The expert rating is 6.67/10.

The standout strength is Form and function at 9/10.

Owners repeatedly praise its value, performance, and comfort, and they also like its manageable size for city use and daily practicality. The overview reinforces that use case: you get a midsize pickup that is easier to park than a full-size truck, while still offering real truck utility and diesel power. Market availability is also decent, with 24.2% of listings marked as good or great deals.

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 people find reliable and dependable for everyday use, with praise for its value and comfort over time. The expert drive notes also frame it as a truck you can count on for practical use, especially when you want a smaller pickup that still handles real jobs. The cost-effectiveness commentary adds that the Colorado can make sense for buyers who want a capable midsize truck without moving up to a larger full-size model.

For used buyers, the main long-term ownership risk is paying too much for a truck whose condition and maintenance history may vary widely by trim and use.

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

At 61.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and then prioritize a pre-purchase inspection, especially if the truck has been used for hauling, towing, or off-road driving. Focus on body condition, bed wear, interior wear, and signs of uneven maintenance, since those clues can tell you a lot about how the truck was treated. If you are comparing multiple listings, give extra weight to trucks with cleaner histories and fewer signs of hard use.

Key things to evaluate:

• Trim level: The Base comes standard with LED headlights, a 6-speaker stereo, power driver’s seat, and a USB port. The LT adds power mirrors, an additional USB port in the center console, and 4G LTE hotspot capabilities. The Z71 adds a power-locking tailgate, heavy-duty suspension, all-terrain tires, and remote start.
• Powertrain: The base inline 4-cylinder makes 200 horsepower, the 3.6-liter V6 makes 305, and the 2.8-liter Duramax diesel makes 181 horsepower and 369 pound-feet of torque. The diesel delivers the strongest low-end pull and the best fuel economy in the lineup.
• Safety package: Every Colorado comes with a backup camera, and available safety features include lane-departure warning and forward-collision alert. The driver’s-side mirror also includes an inset wide-angle mirror to help reduce the left blind spot.
• Infotainment: MyLink uses a 4.2-inch color screen in the base version, while other models get an 8-inch touchscreen. It supports Apple CarPlay, voice control, and navigation prompts on the digital trip screen.

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: This is the entry point, and it gives you the essentials, including LED headlights, a 6-speaker stereo, a power driver’s seat, and a USB port. It makes sense if you want the lowest-cost way into the Colorado, but it is the most stripped-down choice.
• WT: This trim is part of the lineup, but the available content here does not spell out a distinct equipment advantage over the other trims.
• LT: This is the best-value trim if you want a more usable daily driver, because it adds power mirrors, an extra USB port in the center console, and 4G LTE hotspot capability.
• Z71: This is the most truck-focused trim, with a power-locking tailgate, heavy-duty suspension, all-terrain tires, and remote start. It suits you best if you want the most rugged setup in the lineup.

The safety content notes that every Colorado comes with a backup camera, while lane-departure warning and forward-collision alert are available features.

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 carefully without expecting every listing to be a bargain.

• Deal availability: 24.2% of listings are priced as good or great deals.
• Inventory: There are 1,418 listings available.
• Price trend: Prices have softened 4.10% compared with last year.
• Clean inventory: 61.8% of listings are accident-free.

If you find a listing below $16,880.48, 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 $17,076 sits slightly below last year's $17,806.

That softer pricing suggests the market has already adjusted downward, which can help future sellers if they buy at the right price today. If you pay close to the current average, your resale upside may be more limited unless the truck is especially clean, well equipped, or lightly used. Strong owner satisfaction can still help support demand when it is time to sell.

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.

Every Colorado comes with a backup camera, and available driver-assistance features include lane-departure warning and forward-collision alert. The driver’s-side mirror also includes an inset wide-angle mirror to help reduce the left blind spot. That said, the safety equipment is not equally rich across the lineup, so you should confirm which features are present on the specific truck you are considering.

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:

• 24.2% of listings are priced as good or great deals.
• At 61.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.10% compared with last year.
• Owners rate it 4.2/5 — a solid satisfaction signal.
• It offers a manageable midsize footprint with diesel availability and strong everyday usefulness.

Consider the 2015 if:

• At $15,637, the 2015 costs less than the current year's $17,076 average.
• It arrived as a reborn midsize pickup with modern styling, safety, and technology.

The bottom line: If you want the better-balanced shopping target, the 2016 is the stronger pick because it combines a softer price trend with solid owner satisfaction and broad usefulness. If your priority is saving money up front, the 2015 is worth a look, especially if you find one with a clean history and the equipment you want.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.