Used 2023 Chevrolet Colorado for SaleNationwide

How much does the 2023 Chevrolet Colorado cost?

Prices have softened 6.18% compared to this time last year, making it a favorable time to shop this model year.

There are 4,664 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Chevrolet Colorado a good car?

The 2023 Chevrolet Colorado is a mixed but appealing choice if you want a midsize truck that emphasizes capability, tech, and rugged styling over plushness. It earns a 3/5 user rating and a 6.5/10 expert rating.

The standout strength is Technology at 9/10.

Chevrolet gives even the base Work Truck modern instrumentation, infotainment, connectivity, and safety technologies, and the truck is described as robustly engineered with impressive payload and towing capacity. It also stands out for its stylish design and off-roading capability, which makes it a strong fit if you want a truck that looks good and is built to work.

The trade-offs are real: the forward collision warning system is aggravating, fuel economy is poor, and the interior materials feel cheap. That means you should value the Colorado most if you care more about capability and modern features than cabin polish or efficiency.

With 33.1% of listings priced as good or great deals, you have some room to shop selectively.

Is the 2023 Chevrolet Colorado reliable?

The 2023 Chevrolet Colorado is built around a robust, modern truck formula, but its reliability picture is complicated by a few notable ownership concerns. Chevrolet’s turbocharged four-cylinder powertrain supplies plenty of power, and the truck is described as robustly engineered, which supports confidence in its core hardware.

The performance write-up also points to strong off-road durability and composed on-road behavior, suggesting the truck is engineered to handle hard use. On the cost side, Chevrolet’s standard equipment is generous, but the fuel-economy downside means you may spend more over time than you expect.

For used buyers, the biggest long-term risk is that a recurring safety-system annoyance or higher running costs could make ownership less satisfying than the spec sheet suggests.

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

Accident-free inventory is solid at 87.5% — always verify the vehicle history report.

You should still check the history report carefully, because accident-free listings are not the same thing as problem-free trucks. Prioritize a thorough inspection of the cabin, electronics, and driver-assistance behavior, since the Colorado’s tech is a major part of its appeal. It also makes sense to focus on overall condition and maintenance history, especially if you plan to use the truck for towing or off-road driving.

Key things to evaluate:

• Trim level: The base Work Truck gets modern instrumentation, infotainment, connectivity, and safety tech, but the LT, Z71, and ZR2 bring nicer cabins and more body-color treatment. The WT and LT can be had with 2WD, while the Trail Boss, Z71, and ZR2 are standard 4WD.
• Powertrain: Every 2023 Colorado uses a turbocharged 2.7-liter four-cylinder with an eight-speed automatic. WT and LT make 237 horsepower and 260 pound-feet of torque, while Trail Boss and Z71 get 310 horsepower and 391 pound-feet; ZR2 models keep 310 horsepower but 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. Adaptive cruise control, blind-spot monitoring with active steering assist, rear cross-traffic and pedestrian alert with automatic braking, and rear parking sensors are optional.
• Infotainment: Every Colorado gets an 11.3-inch touchscreen with Google Built-in, wireless Apple CarPlay, wireless Android Auto, Bluetooth, SiriusXM, OnStar, Chevrolet connected services, and a Wi-Fi hotspot. The instrument display is 8 inches on most trims and 11 inches on the ZR2.
• Fuel efficiency: The Trail Boss returned 19 mpg in official EPA testing and averaged 17 mpg in testing.

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 value play if you want the Colorado’s core strengths at the lowest entry point. You still get the modern digital instrumentation and 11.3-inch infotainment system, but the cabin is the most basic and the 2WD setup is limited to WT and LT.
• LT: This is the best-value trim for most shoppers because it keeps the Colorado’s modern tech while adding a more appealing everyday setup than the WT. It also gives you access to the optional more powerful engine and 2WD or 4WD flexibility.
• Trail Boss: This is the right pick if you want a more affordable off-road-focused Colorado. It adds a 2-inch suspension lift, standard 4WD, all-terrain tires, hill descent control, and a more capable trail-ready setup.
• Z71: Choose this if you want a stronger blend of off-road hardware and everyday polish. It gets the more powerful engine, standard 4WD, all-terrain tires, and a more upscale feel than the Trail Boss.
• ZR2: This is the most capable off-road version, with a 3-inch lift, wider front track, Multimatic DSSV dampers, mud-terrain tires, and the exclusive Baja drive mode.

Chevy Safety Assist is standard across the lineup, but the optional driver-assistance upgrades are worth checking for on used examples.

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

This is a moderate buyer’s market, so you can shop selectively without expecting a deep bargain on every listing.

• Deal availability: 33.1% of listings are priced as good or great deals.
• Inventory: There are 4,664 listings available.
• Price trend: Prices have softened 6.18% compared with last year.
• Clean inventory: 87.5% of listings are accident-free.

If you find a listing below $31,765, 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 $33,751 sits slightly below last year's $35,973.

That price movement suggests the Colorado has already absorbed some depreciation, which can help you if you buy now and sell later. If the market stays steady, a lower entry price today may reduce the amount you lose to depreciation over your ownership period.

For a future seller, the key question is whether the truck’s strong capability and tech help it hold demand better than its fuel economy and cabin materials might suggest. A well-kept example with desirable equipment should be easier to move than a basic truck with visible wear.

Is the 2023 Chevrolet Colorado safe?

The 2023 Chevrolet Colorado does not have a strong expert safety score, and its standard driver-assistance setup is undermined by a problematic forward collision warning system.

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

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 safety equipment includes 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’s tendency toward false alerts, which is a serious annoyance and a meaningful drawback for used buyers. If you test-drive one, pay close attention to how the system behaves in real traffic and whether the gap setting has been adjusted properly.

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:

• 33.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.5% — always verify the vehicle history report.
• Price trend: Prices have softened 6.18% compared with last year.
• The redesigned truck emphasizes modern tech, strong capability, and rugged styling.

Consider the 2024 if:

• At $37,110, the 2024 costs more than the current year's $33,751 average.
• It shifts further toward a modern lifestyle-pickup formula with more contemporary presence.

The bottom line: If you want the better value, the 2023 is the smarter buy because it offers the Colorado’s modern tech and capability at a lower average price. If you’re willing to pay more for the newer model-year positioning and a more lifestyle-focused feel, the 2024 is the alternative to consider.

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