Used 2020 Chevrolet Colorado for Sale nearChicago, IL

How much does the 2020 Chevrolet Colorado cost?

Prices have softened 4.20% compared to this time last year, making it a favorable time to shop this model year.

There are 2,417 listings available, which gives you a solid pool of options to compare.

Is the 2020 Chevrolet Colorado a good car?

Yes — 4.67/5 is a strong user rating, and the 2020 Colorado’s appeal centers on capability, comfort, and everyday usefulness. The overview describes it as a solid companion with good value for the money, especially in the mid-range and high trims where performance and brawn are better balanced. It also stands out for being more spacious than many rivals, which helps if you want a midsize pickup that can handle work duties without feeling too compromised for daily use.

31.2% of listings are priced as good or great deals, which gives you a meaningful chance to find a competitive offer.

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, with recurring issues affecting models built from 2014 to 2019 and even a few later ones. That means you should treat maintenance history and transmission behavior as especially important when evaluating a used example.

For used buyers, the long-term ownership risk is highest if the truck has incomplete service records or signs of transmission trouble.

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

At 68.2% 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 confirm accident records, title status, and service history before you go any further. Then prioritize a thorough inspection, with extra attention to body condition, panel alignment, and any signs of prior repair work. Because this truck’s reliability concerns include transmission issues, a careful road test and close look at shifting behavior should be part of your evaluation.

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

This is a moderate market for selective buyers, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 31.2% of listings are priced as good or great deals.
• Inventory: There are 2,417 listings available.
• Price trend: Prices have softened 4.20% compared with last year.
• Clean inventory: 68.2% of listings are accident-free.

If you find a listing below $22,419, 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 $22,843 sits slightly below last year's $23,845.

That softer pricing suggests the market has cooled a bit, which can help you buy more efficiently today but may also limit short-term appreciation if you plan to sell soon. For a future seller, the key advantage is that the Colorado still has broad appeal as a capable midsize pickup with useful trim variety and strong utility. If you keep the truck in good condition and maintain it well, you should be better positioned to preserve value when it’s time to move on.

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:

• 31.2% of listings are priced as good or great deals.
• At 68.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.20% compared with last year.
• Owners rate it 4.67/5 — a strong satisfaction signal.

Consider the 2019 if:

• At $22,004, the 2019 costs less than the current year's $22,843 average.
• It leans into simple, practical capability with available diesel and ZR2 appeal.

The bottom line: If you want the stronger all-around shopping case, the 2020 is the better primary target because it combines solid value, broad usefulness, and a favorable price trend. If your priority is spending less up front, the 2019 is the better secondary path, especially if you find one with the right equipment and a clean history.

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