Used 2020 Chevrolet Colorado for Sale nearRockford, IL

How much does the 2020 Chevrolet Colorado cost?

Prices have softened 5.01% compared to this time last year, making it a favorable time to shop this model year.

There are 2,427 listings available, which suggests you have a meaningful amount of inventory to compare.

If you find a listing below $22,443.88, 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 overall satisfaction.

The overview shows a truck that balances capability and everyday usability, with trims that range from practical work-focused setups to more feature-rich versions. You also get a broad spread of powertrains and off-road-oriented trims, so you can shop for the kind of Colorado that fits your needs rather than settling for a one-size-fits-all truck.

30.5% of listings are priced as good or great deals, which gives you 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 can be a solid companion and a good value, especially in mid-range and high trims. At the same time, you should pay close attention to the generation’s transmission history, since that is the main reliability concern called out for this model year.

For used buyers, the biggest long-term ownership risk is ending up with a truck that has unresolved transmission issues or inconsistent maintenance history.

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

At 68.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether the truck has any accident or damage records. After that, prioritize a thorough pre-purchase inspection, with extra attention on the transmission, drivability, and signs of uneven wear or repair quality.

Focus on condition first, not just trim level, because a well-kept lower trim can be a smarter buy than a nicer truck with hidden issues.

Is now a good time to buy a used 2020 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: 30.5% of listings are priced as good or great deals.
• Inventory: There are 2,427 listings available.
• Price trend: Prices have softened 5.01% compared with last year.
• Clean inventory: 68.5% of listings are accident-free.

If you find a listing below $22,443.88, 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 $22,793 sits slightly below last year's $23,995.

That softer pricing suggests the market has become a bit more favorable for buyers, but it can also mean future sellers may need to price competitively to move a truck quickly. If you buy well now and keep the truck in strong condition, you may be better positioned when it comes time to sell.

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:

• 30.5% of listings are priced as good or great deals.
• At 68.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.01% compared with last year.
• Owners rate it 4.67/5 — a strong satisfaction signal.

Consider the 2019 if:

• At $21,955, the 2019 costs less than the current year's $22,793 average.
• It emphasizes simple, no-nonsense utility with distinctive diesel and ZR2 appeal.

The bottom line: If you want the better-balanced shopping target, the 2020 is the stronger primary path because it combines solid pricing, broad trim choice, and strong owner satisfaction. If your priority is saving money upfront, the 2019 is the better secondary path, especially if you value straightforward utility and can find a clean example.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.