How much does the 2020 Chevrolet Colorado cost?

Prices have softened 4.87% compared to this time last year, making it a favorable time to shop this model year.

There are 2,359 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $22,443.76, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Chevrolet Colorado a good car?

Yes — the 2020 Chevrolet Colorado earns a 4.67/5 user rating, which points to strong owner satisfaction.

The overview shows a truck that balances capability and everyday usability, with a practical feature set in the Work Truck and LT trims and more serious off-road hardware in the Z71 and ZR2. That makes it a fit if you want a midsize pickup that can handle daily driving, work duties, and weekend use without moving up to a full-size truck.

31.1% of listings are priced as good or great deals, so you still have 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 points to a truck that delivers useful capability and a broad trim and powertrain spread, which can make it appealing if you want something versatile and proven. At the same time, the transmission history in this generation means you should pay close attention to service records and how the truck drives.

For used buyers, the main long-term ownership risk is ending up with a truck that has unresolved drivetrain issues or deferred maintenance.

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

At 69.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should run a vehicle history report and confirm whether any prior damage was repaired properly. Put the inspection priority on the transmission, drivability, and signs of uneven wear or poor repair work. Focus on overall condition and maintenance records, not just trim level or equipment.

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

This is a moderate, selective buyer's market, so you can shop carefully without expecting every listing to be a bargain.

• Deal availability: 31.1% of listings are priced as good or great deals.
• Inventory: There are 2,359 listings available.
• Price trend: Prices have softened 4.87% compared with last year.
• Clean inventory: 69.6% of listings are accident-free.

If you find a listing below $22,443.76, 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 $22,816 sits slightly below last year's $23,983.

That softer pricing suggests the market has cooled a bit, which can help you buy at a more favorable entry point. For a future seller, that also means resale value may depend more heavily on condition, mileage, and trim desirability than on broad market momentum. Well-kept trucks with strong equipment and clean history should hold up better than average examples.

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:

• 31.1% of listings are priced as good or great deals.
• At 69.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.87% compared with last year.
• Owners rate it 4.67/5 — a strong satisfaction signal.

Consider the 2019 if:

• At $22,146, the 2019 costs less than the current year's $22,816 average.
• It offers a simple, no-nonsense setup with distinctive diesel and ZR2 appeal.

The bottom line: If you want the stronger all-around value proposition, the 2020 is the better primary target because it combines solid pricing, good deal availability, and broad capability. If your priority is spending less upfront, the 2019 is the better secondary path, especially if you like its simpler character and available diesel or off-road focus.

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