Used 2016 Chevrolet Colorado for Sale nearMadison, WI

How much does the 2016 Chevrolet Colorado cost?

Prices have softened 5.39% compared to this time last year, making it a favorable time to shop this model year.

There are 1,452 listings available, which gives you a solid amount of inventory to compare.

Is the 2016 Chevrolet Colorado a good car?

Generally — you’re looking at a 4.2/5 user-rated truck with an expert score of 6.67/10. 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 and capability. The Colorado’s smaller footprint makes it easier to live with in the city, while its available diesel power adds appeal if you want something more distinctive than a typical gas truck.

With a moderate market verdict and 31.1% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 Chevrolet Colorado reliable?

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

The owner feedback points to a truck that feels dependable, with many drivers highlighting its value, performance, and comfort over time. The expert commentary also emphasizes that the Colorado’s diesel version brings enough power to make the truck feel more capable, which supports confidence in day-to-day use.

Chevrolet’s MyLink system and the truck’s practical city-friendly size also reinforce the sense that this is a vehicle built to be easy to live with for the long haul. For used buyers, the main ownership risk is making sure the specific truck you choose has been maintained well and hasn’t been worn down by hard use.

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

At 62.4% 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 focus your inspection on body condition, repair quality, and signs of heavy use. Because this is a pickup, pay close attention to the bed, tailgate, and any evidence that the truck was used for hauling or job-site duty. It’s also smart to confirm that the features you want are actually present, since trim and equipment levels vary a lot.

Key things to evaluate:

• Trim level: The Base comes standard with LED headlights, a 6-speaker stereo, a 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 Colorado offers a base inline 4-cylinder with 200 horsepower, a 3.6-liter V6 with 305 horsepower, and a 2.8-liter 4-cylinder Duramax diesel with 181 horsepower and 369 pound-feet of torque. The diesel delivers the best fuel economy at 22 mpg city/31 highway/25 combined with rear-wheel drive, while the 4WD diesel returns 20/29/23.
• 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 a wide-angle inset mirror to help cut 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 through 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’s the most stripped-down choice.
• WT: The WT is the work-focused step up, and it’s the trim to consider if you want a straightforward truck without chasing extra comfort or tech. It sits above the Base and below the more feature-rich trims.
• LT: The LT adds power mirrors, an extra USB port in the center console, and 4G LTE hotspot capability. This is the best-value trim for many shoppers because it adds useful everyday convenience without jumping all the way to the more specialized Z71.
• Z71: The Z71 brings the most truck-oriented equipment, including a power-locking tailgate, heavy-duty suspension, all-terrain tires, and remote start. It’s the right pick if you want the most rugged-feeling version of the Colorado.

The safety content also 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 and still find worthwhile listings.

• Deal availability: 31.1% of listings are priced as good or great deals.
• Inventory: There are 1,452 listings available.
• Price trend: Prices have softened 5.39% compared with last year.
• Clean inventory: 62.4% of listings are accident-free.

If you find a listing below $16,874, 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 $16,940 sits slightly below last year's $17,905.

That softer pricing suggests the truck has already absorbed some depreciation, which can help if you buy now and plan to sell later. If market demand stays steady, a used Colorado bought near the current average may hold up reasonably well because you’re entering at a lower price point than buyers saw a year ago.

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?

The Colorado earns a 7/10 safety score from our experts.

It comes with dual-stage front impact and side impact airbags, OnStar crash response, and a backup camera on every truck. Available driver-assistance features include lane-departure warning and forward-collision alert, and the driver’s-side mirror includes a wide-angle inset mirror to help reduce the left blind spot.

That said, you should pay attention to which safety features are actually present on the specific truck you’re considering, since some are optional rather than standard.

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 62.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.39% compared with last year.
• Owners rate it 4.2/5 — a solid satisfaction signal.
• It adds a stout diesel engine and a city-friendly footprint that make it especially appealing for everyday use.

Consider the 2015 if:

• At $15,884, the 2015 costs less than the current year's $16,940 average.
• It returns after a 3-year hiatus with modern styling, safety, and technology.

The bottom line: If you want the stronger all-around shopping position, the 2016 is the better target because pricing has eased and inventory is healthy. If your priority is spending less up front, the 2015 is the value path to consider, especially if you find one in good condition with the equipment you want.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.