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Chevy Colorado Discount Reaches $3,750 In May 2021

During the month of May, Chevrolet Colorado discount offers are limited to a cash purchase rebate of up to $3,750 on the 2020 Colorado, while a special lease program is available for the 2021 Colorado midsize pickup. Unlike the previous months, General Motors has scaled back on the available incentives, as no low-interest financing options are featured in May.

Changes and updates for the 2021 Chevy Colorado include a revised front fascia, the deletion of the Base (2SA) trim level, three new exterior color options – Bright Blue Metallic, Cherry Red Tintcoat, and Sand Dune Metallic – three new wheel options, and more.

Chevy Colorado Discount Offers

Nationwide Chevy Colorado discount offers for May 2021 are as follows:

  • 2020 Colorado Cash Purchase Offer: $3,750 cash allowance
  • 2021 Colorado Lease Offer: $259 per month for 36 months
    • Applies to Colorado Crew Cab LT 4WD
    • Ultra low-mileage lease with 10,000 miles per year
    • $2,179 due at signing for eligible current lessees (after all offers)
    • $0 security deposit

The above cash purchase offer will remain valid thru June 1st, 2021, while the lease offer is set to expire on June 30th. These incentives may also vary depending on the configuration of the purchased model.

Chevy Colorado Pricing

For reference, here are the 2021 and 2020 Colorado trim levels along with their corresponding starting MSRPs, including the $1,095 destination charge:

2020

  • Base – $22,495
  • WT – $25,995
  • LT – $28,895
  • Z71 – $35,095
  • ZR2 – $42,595

2021

  • WT – $26,395
  • LT – $28,895
  • Z71 – $34,995
  • ZR2 – $42,795

Disclaimers

  • Must take delivery by June 1st, 2021, unless otherwise specified.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this Chevy Colorado discount offer.
  • Offers not available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority will not be held responsible for any misprints, typos or any other errors.

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Mike Deslauriers: Mike is a seasoned automotive journalist that loves both old-school muscle cars and environmentally friendly EVs.

View Comments (10)

  • Rumors circling claiming the 2022 Silverado refresh is delayed due to semi conductor shortages

    • Waiting for shock to come in and complain how the crappy interior needs to be replaced now and that this is unacceptable and why he will never buy a GM product once he is old enough to drive.

  • A new Colorado cannot come soon enough. It was a competitive threat 6-7 years ago, but has quickly become a bit stale requiring huge incentives to move off the lot. Looking forward to the future redesign.

    • I still love the exterior. I hope they only make minimal changes to it. The inside could use a little overhaul.

  • Anyone can buy our 2021 Colorado if they can't find one! It is a poor design lacking in basic and safety features, if that is your cup of tea!

    • Poor design? It is still finishing at the top of the comparison tests versus its competition and only selling less than the Tacoma. It is ready for a redesign but it isn't significantly dated or very far behind the competition in most areas.

  • Has GM given up on the Colorado, none or a couple in dealers inventory, colors have been reduced and why hasn't GM put an SUV body on the Colorado frame to compete with the Bronco's?

    • Because it will step on the toes of the other hot selling CUV's GM currently sells all for a vehicle that rides, drives and has less room than what is currently available. They don't need a Branco/Wrangler competitor, that is a niche market. The wrangler sells because of historical and fan boy significance and the Bronco will sell well early and taper off to maybe half of the wrangler, not enough for a new development. Not to mention many who buy them not to off road (which is most) later trade them in when they realize how much they suck for actual daily driving.

      • if only they made a suv out of colorado chassis, similar to my 2003 trailblazer they would have people standing in line for one, instead we get a blazer that is designed for the metro sexual, I must be old to think the counrty is going all "Wuss"

  • I want to order 2022 c8 vet. & I'm familiar with the wait time
    Could you accommodate me and will I be charged more than MSRP?
    I've never owned a vet and am also interested in the driving school so could you provide some info? Thanks much, Joe Drazich Sr
    425-766-2308