Used 2023 Chevrolet Colorado for Sale nearChicago, IL

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 6.79% compared to this time last year, making it a favorable time to shop this model year.

There are 4,755 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Chevrolet Colorado a good car?

With a 3/5 user rating and a 6.5/10 expert rating, the 2023 Chevrolet Colorado looks like a capable but imperfect choice for truck shoppers. The redesigned model focuses on the basics buyers usually want, while still feeling modern and capable, and it brings strong utility with payload and towing capacities of 1,684 and 7,700 pounds.

The standout strength is Technology at 9/10.

Its biggest strengths are its stylish design, impressive off-roading capability, and strong tech suite. The trade-offs are just as clear: the forward collision warning system can be aggravating, fuel economy is poor, and the interior materials feel cheap. If you want a midsize truck that leans into capability and modern features, it fits that use case well, but you should weigh those compromises carefully.

Only 35.8% of listings are priced as good or great deals, so the market has some room for negotiation but not a flood of bargains.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Chevrolet Colorado looks mechanically straightforward, with a turbocharged four-cylinder powertrain and a design that emphasizes modern equipment and capability. The expert review also describes it as robustly engineered, and the truck’s standard tech and safety content suggest a well-developed package.

The performance notes point to a turbocharged 2.7-liter four-cylinder engine with an eight-speed automatic transmission, plus available 4WD setups and off-road hardware on higher trims. The cost-effectiveness commentary also notes that Chevrolet includes a first scheduled maintenance visit at no charge.

For used buyers, the main long-term ownership risk is that a strong feature set does not erase the possibility of expensive frustration if the truck’s safety systems or fuel use become a recurring annoyance.

What should I look for when buying a used 2023 Chevrolet Colorado?

Accident-free inventory is solid at 86.5% — always verify the vehicle history report.

You should still check the report carefully, because a clean history is only one part of the equation. Prioritize a thorough inspection of the cabin, electronics, and driver-assistance behavior, and make sure the truck’s condition matches the asking price. If you’re shopping a Colorado with off-road equipment, pay extra attention to underbody wear and signs of hard use.

Key things to evaluate:

• Trim level: The base Work Truck trim level includes modern instrumentation, infotainment, connectivity, and safety technologies, but the WT and LT are the trims where 2WD is available. The LT, Z71, and ZR2 get nicer cabins than the WT and tested Trail Boss, and the Trail Boss adds a purposeful front skid plate that the WT lacks.
• Powertrain: Every 2023 Colorado uses a turbocharged 2.7-liter four-cylinder engine. WT and LT trims make 237 horsepower and 260 pound-feet of torque, while Trail Boss and Z71 models use a 310-horsepower version with 391 pound-feet of torque; ZR2 models keep 310 horsepower and increase torque to 430 pound-feet.
• Safety package: Chevy Safety Assist is standard and includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. Optional upgrades include adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors.
• Infotainment: Every Colorado gets an 11.3-inch touchscreen infotainment system with Google Built-in technology and digital instrumentation. Wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM, OnStar, Chevrolet connected services, and a Wi-Fi hotspot are also included.
• Fuel efficiency: The review says fuel economy is poor, and the Trail Boss test truck averaged 17 mpg in testing. The official EPA fuel economy rating for the Trail Boss is 19 mpg.

Which 2023 Chevrolet Colorado trim should I buy?

The 2023 Chevrolet Colorado is offered in 5 trim levels: WT, LT, Trail Boss, Z71, ZR2.

Here's the short version:

• WT: This is the entry point, but it still gets modern instrumentation, infotainment, connectivity, and safety tech. It makes the most sense if you want the lowest-cost way into the Colorado lineup and can live without the extra capability and polish of the higher trims.
• LT: This is the best-value trim for many shoppers because it keeps the Colorado’s core tech and adds a more flexible setup, including available 2WD and the optional more powerful engine. It’s the trim to target if you want a balanced mix of price, equipment, and everyday usability.
• Trail Boss: This trim is aimed at buyers who want a more off-road-ready setup, with standard 4WD, a 2-inch suspension lift, all-terrain tires, and hill descent control. It suits you if you want a more rugged Colorado without jumping all the way to the top of the range.
• Z71: This trim builds on the off-road theme with standard 4WD and the more powerful engine, while also getting a nicer cabin than the WT and Trail Boss. It’s a strong choice if you want capability and a more upscale feel.
• ZR2: This is the most capable version, with a 3-inch lift, exclusive Multimatic DSSV dampers, mud-terrain tires, and the most aggressive off-road hardware. It’s the right pick if off-road performance matters more than price.

Chevy Safety Assist is standard across the lineup, but the optional advanced driver-assistance features are not standard.

Is now a good time to buy a used 2023 Chevrolet Colorado?

This looks like a moderate, selective buyer’s market, so you have room to shop carefully rather than rush.

• Deal availability: 35.8% of listings are priced as good or great deals.
• Inventory: There are 4,755 listings available.
• Price trend: Prices have softened 6.79% compared with last year.
• Clean inventory: 86.5% of listings are accident-free.

If you find a listing below $31,739, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Chevrolet Colorado's resale value?

The current average of $32,926 sits slightly below last year's $35,324.

That decline suggests the Colorado has softened enough to give you a better entry point than a year ago. If you buy at today’s average or below, you may have less downside risk than someone who bought when prices were higher.

For a future seller, the key takeaway is that resale value will likely depend heavily on trim, condition, and mileage. Well-kept trucks with desirable equipment should hold up better than rougher examples, especially if they avoid the fuel-economy and safety-system complaints that can hurt desirability.

Is the 2023 Chevrolet Colorado safe?

The 2023 Colorado earns a three-star overall rating from NHTSA.

It earns a 3/10 safety score from our experts.

Chevy Safety Assist is the standard driver-assistance suite, and it includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane-departure warning, lane-keeping assist, and automatic high-beam headlights. Optional safety upgrades include adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors.

The main caveat is the forward collision warning system, which the expert review says can be overly sensitive and produce false alerts. That issue is serious enough that it stands out as a major weakness in the Colorado’s safety story.

Should I buy a 2023 Chevrolet Colorado or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 35.8% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.5% — always verify the vehicle history report.
• Price trend: Prices have softened 6.79% compared with last year.
• The 2023 emphasizes modern tech, strong capability, and a redesigned package that focuses on the basics buyers usually want.

Consider the 2024 if:

• At $36,024, the 2024 costs more than the current year's $32,926 average.
• It leans harder into a modern lifestyle-pickup identity with a more assertive presence.

The bottom line: If you want the better value, the 2023 is the smarter starting point because it combines a lower average price with strong capability and modern equipment. If you’re willing to pay more for a newer take on the Colorado’s rugged, tech-forward formula, the 2024 is the alternative to compare.

How does the 2023 Chevrolet Colorado compare to the 2023 GMC Canyon?

Expert Pros & Cons (per CarGurus review team)

2023 Chevrolet Colorado:

• Pros: Stylish design, Impressive off-roading capability, Impressive technology.
• Cons: Aggravating forward collision warning system, Poor fuel economy, Interior materials feel cheap.

2023 GMC Canyon:

• Pros: Powerful engine, Comfortable, Impressive technology.
• Cons: Advanced safety features are not standard, Poor value for money, Fewer available configurations than before.

Our experts score the 2023 Chevrolet Colorado 6.5/10 and the 2023 GMC Canyon 7.3/10. The Colorado looks like the better value if you want a lower entry price and strong off-road ability. The Canyon brings more power and a more comfortable feel, but it asks for more money and gives up some value.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.