Used 2023 Chevrolet Colorado for Sale nearColorado Springs, CO

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 7.26% compared to this time last year, making it a favorable time to shop this model year.

There are 4,732 listings available, which gives you a solid pool to compare before you commit.

If you find a listing below $31,777.30, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Chevrolet Colorado a good car?

With a 3/5 user rating and a 6.5/10 expert rating, the 2023 Colorado looks appealing if you want a midsize truck that leans into style, capability, and tech. The standout strength is Technology at 9/10.

The Colorado’s appeal starts with its redesigned focus: it comes only as a crew-cab, short-bed truck, and it emphasizes off-road capability and a well-equipped cabin. It also brings strong payload and towing numbers, plus a turbocharged four-cylinder powertrain that gives you real truck usefulness without feeling stripped down.

The trade-offs are clear, though. The interior materials feel cheap, fuel economy is poor, and the forward collision warning system is aggravating enough to be a real drawback.

For you, that means the Colorado makes the most sense if you value a modern-feeling midsize truck with strong capability and don’t mind some rough edges. 33.0% of listings are priced as good or great deals, so there are still worthwhile opportunities if you shop carefully.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Colorado is built around a robust, modern truck formula, with strong capability and a well-equipped cabin that should feel current for a used buyer. Its engineering focus and broad tech content suggest a truck designed to handle daily use and harder work alike.

The powertrain is straightforward: every model uses a turbocharged 2.7-liter four-cylinder engine with an eight-speed automatic transmission. That setup is described as supplying plenty of power, and the truck’s structural rigidity and composed ride support the sense that it’s built to take abuse.

Chevrolet also includes useful ownership conveniences, including OnStar emergency calling and automatic crash notification, plus a Teen Driver system and Buckle to Drive. For long-term ownership, your biggest risk as a used buyer is less about the basic hardware and more about living with the truck’s irritating forward collision warning behavior.

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

Accident-free inventory is solid at 87.9% — always verify the vehicle history report.

You should still check the history report carefully, because a clean record matters even when the market looks healthy. Prioritize a thorough inspection of the cabin, electronics, and driver-assistance behavior, since the truck’s tech is a major part of its value. You should also focus on overall condition and how the truck was used, especially if you’re considering one of the more off-road-oriented trims.

Key things to evaluate:

• Trim level: The base Work Truck trim gets modern instrumentation, infotainment, connectivity, and safety tech, but the higher trims add more body-color treatment and nicer cabins. If you want a more polished feel, the LT, Z71, and ZR2 are the trims to compare closely.
• Powertrain: Every model uses a turbocharged 2.7-liter four-cylinder engine, with stronger output in the Trail Boss, Z71, and ZR2. The truck also uses an eight-speed automatic transmission, and the off-road-focused trims add more capable 4WD hardware.
• 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 2023 Colorado gets an 11.3-inch touchscreen infotainment system with Google Built-in, wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM, OnStar, connected services, and a Wi-Fi hotspot. The digital instrumentation is standard, too.
• Fuel efficiency: The Trail Boss is rated at 19 mpg, and testing returned 17 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 the modern digital instrumentation and 11.3-inch touchscreen, so you’re not buying a bare-bones truck. It makes sense if you want the lowest-cost path into the redesigned Colorado and can live without the extra polish and capability of the higher trims.
• LT: This is the best-value trim for many shoppers because it adds a more complete everyday setup while still keeping the Colorado’s core tech and usability intact. If you want a more balanced mix of price, equipment, and livability, this is the trim to focus on first.
• Trail Boss: This is the one to choose if you want the Colorado’s off-road personality without jumping all the way to the top of the range. It adds a 2-inch suspension lift, standard 4WD, all-terrain tires, and hill descent control, making it the most obvious step up for trail use.
• Z71: This trim builds on the off-road theme with stronger hardware and a more upscale feel than the lower trims. It suits you if you want a more capable and better-equipped Colorado without going full ZR2.
• ZR2: This is the most serious off-road version, with a 3-inch lift, Multimatic DSSV dampers, mud-terrain tires, and the most capable setup in the lineup. Choose it if off-road performance matters more to you than price.

Chevy Safety Assist is standard across the lineup, but the optional driver-assistance upgrades are not included on the test truck.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient and compare listings carefully.

• Deal availability: 33.0% of listings are priced as good or great deals.
• Inventory: There are 4,732 listings available.
• Price trend: Prices have softened 7.26% compared with last year.
• Clean inventory: 87.9% of listings are accident-free.

If you find a listing below $31,777.30, 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 $33,722 sits slightly below last year's $36,361.

That price movement suggests the Colorado has already given back some value, which can help you as a buyer today. If you plan to sell later, the current market implies you may not see a quick rebound unless demand strengthens.

For a future seller, the key takeaway is that the Colorado’s resale value is being shaped by a softer market right now. If you buy at the right price, you reduce the risk of taking a bigger hit later. If you overpay, the current trend makes it harder to recover that money on resale.

Is the 2023 Chevrolet Colorado safe?

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. OnStar emergency calling, automatic crash notification, Teen Driver, and Buckle to Drive are also part of the safety picture.

The main caveat is the forward collision warning system, which is described as overly sensitive and prone to false alerts. 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.

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:

• 33.0% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.9% — always verify the vehicle history report.
• Price trend: Prices have softened 7.26% compared with last year.
• It delivers a redesigned, tech-heavy truck with strong capability and a clear off-road focus.

Consider the 2024 if:

• At $37,469, the 2024 costs more than the current year's $33,722 average.
• It brings a more contemporary lifestyle-truck direction.

The bottom line: If you want the better value today, the 2023 is the smarter starting point because prices have eased and inventory is healthy enough to shop selectively. If you’re willing to pay more for the next model year’s updated direction, the 2024 is the alternative to compare.

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