2023 Chevy Colorado Pricing Revealed84
The 2023 Chevy Colorado got its big debut late in July, with GM ushering in a brand-new third generation for the nameplate. Now, GM Authority has exclusively uncovered in-depth 2023 Chevy Colorado pricing information ahead of official disclosure from the automaker.
Per GM Authority sources, the 2023 Chevy Colorado starts at $30,695 including the $1,495 destination freight charge, which will get customers a WT model equipped with 2WD and the turbocharged 2.7L I4 L2R gasoline engine. Meanwhile, the most-expensive 2023 Chevy Colorado on offer is the ZR2 Desert Boss model, which starts at $57,590.
For those readers who may be unaware, the 2023 Chevy Colorado is offered with the turbocharged 2.7L I4 gasoline engine as standard across the range. However, output varies with three levels of tune on offer, starting with the 2.7L Turbo L2R, which is rated at 237 horsepower at 5,600 rpm and 260 pound-feet of torque at 1,200 rpm. The mid-range tune is the 2.7L Turbo Plus L3B, which is rated at 310 horsepower at 5,600 rpm and 391 pound-feet of torque at 2,000 rpm, while the 2.7L Turbo High-Output L3B sits at the top of range with 310 horsepower at 5,600 rpm and 430 pound-feet of torque at 3,000 rpm. To note, the 2.7L Turbo High-Output L3B is a dealer-installed option that’s tagged with calibration code RWQ.
As such, 2023 Chevy Colorado WT, LT, and Trail Boss models offer the Turbo Plus L3B engine for an extra $1,050, while LT, Trail Boss, and Z71 models equipped with the mid-range the 2.7L Turbo Plus L3B engine can upgrade to the 2.7L Turbo High-Output L3B tune for an extra $395.
It should also be noted that the GM has indicated the 2023 Chevy Colorado’s corporate cousin, the all-new third-gen 2023 GMC Canyon, will start around $40,000.
With all that covered, check out the table below for in-depth 2023 Chevy Colorado pricing information:
|Trim Level||Drivetrain||Powertrain||2023 MSRP + DFC|
|WT||2WD||Turbo 2.7L I4 L2R||$30,695|
|WT||2WD||Turbo Plus 2.7L I4 L3B||$31,880|
|WT||4WD||Turbo 2.7L I4 L2R||$33,995|
|WT||4WD||Turbo Plus 2.7L I4 L3B||$35,180|
|LT||2WD||Turbo 2.7L I4 L2R||$33,095|
|LT||2WD||Turbo Plus 2.7L I4 L3B||$34,380|
|LT||2WD||Turbo High-Output 2.7L I4 L3B||$34,775|
|LT||4WD||Turbo 2.7L I4 L2R||$36,395|
|LT||4WD||Turbo Plus 2.7L I4 L3B||$37,680|
|LT||4WD||Turbo High-Output 2.7L I4 L3B||$38,075|
|Trail Boss||4WD||Turbo Plus 2.7L I4 L3B||$38,495|
|Trail Boss||4WD||Turbo High-Output 2.7L I4 L3B||$38,890|
|Z71||4WD||Turbo Plus 2.7L I4 L3B||$41,395|
|Z71||4WD||Turbo High-Output 2.7L I4 L3B||$41,790|
|ZR2||4WD||Turbo High-Output 2.7L I4 L3B||$48,295|
|ZR2 Desert Boss||4WD||Turbo High-Output 2.7L I4 L3B||$57,590|
As a reminder, the 2023 Chevy Colorado features the second-generation GM 8-speed automatic transmission as the singular transmission option, while under the skin is the updated 31XX-2 platform. Production will kick off in January at the GM Wentzville plant in Missouri.
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Wow going to the desert boss is probably not worth it for most. I guess it depends on what you get on the regular ZR2. Makes me think the AT4x will be about 50k
AT4X starts at the same cost as the Desert Boss.
Thats the first AT4X which is a special addition just like the Desert boss. I can see a base AT4X maybe 2k higher than the ZR2
My understanding is that the starting price of AT4X is over $57K. Much higher than ZR2 starting price
Current Sierra AT4x comes fully loaded and is over $80k. $57k doesn’t seem unreasonable from that perspective. Would guess the AT4 canyon would then top out under $50k fully loaded.
My 2021 WT sucks in many ways, OK in some others….. Hope they did better this time.
I like the truck I think it’s a nice looking truck best of all it’s got a nice little it’s a nice little truck I think it’s perfect for the streets around Gabriel I think it’s beautiful I like it the way it looks I think it’s a good looking truck I think it’s going to be great I’m thinking about grabbing one thanks
At4x starts at $57k
The ZR2 remains a bargain. The other trucks did go up but the content can help justify the price changes. You want more you have to pay more and with inflation it could have been worse.
I would recommend if you want one get it soon as I expect the prices will get bumped after a few months.
So approximately 1000$ more than the ford ranger….. but I’d like to add that ford hasn’t announced their 2023 prices yet, and that the ford ecoboost is between the L2R and LB3 power wise. I’d say it’s significantly more truck however…… and ford is worse than GM at listing a bottom priced vehicle but you can’t order one that way and when you do simple things like cruise control are not standard.
$31,000 for a base WT in 2 WD. Up to $58,000 for the best model. And all that before any options added or dealer “market adjustment”.
What a joke. Trucks need to go back to being trucks for farmers, ranchers, construction workers and those who actually need one. It would be a very cold day in hell before I’d pay anything close to those numbers for a truck.
Yeah…it isn’t cheap, but not terrible when you consider all the reasons for those prices and compare them to this truck’s competition.
If you think this is bad, don’t go looking at the full size Siverado prices. Mid 50s at MSRP will only get you a work truck model with 4 wheel drive and a crew cab.
KMPrenger: It’s funny you mention the full size trucks. Just the other day I was driving past a Chevrolet store and decided to park on the street and take a walk through the lot. They had one Malibu, about 7 Bolts, a few SUV/CUV’s and then 3 rows of full sized trucks. For the fun of it, I stopped at a base WT Silverado 4 dr truck. This was a very basic truck. Price? $42,200.00 +
I about did you know what (sounds like hit). Just plain silly that people pay that for trucks.
Someone like Tata / Mahindra will eventually get past the roadblocks in their way and do precisely that. Look what Datsun and Toyota brought to market 50-60 years ago. Detroit first laughed, then scrambled to meet the increasing demand.
No American-based maker will make such a thing due to being blinded by focus groups and too many MBAs in charge rather than motor-heads. I include Chinese-sourced vehicles with American badges slapped on.
Except Ford did exactly that with the new Maverick. $20k base price for a truck that can do what 90% of half ton owners need out of a truck.
The biggest hurdle is getting people to actually admit the Maverick is enough truck for them.
except they are no longer 20K for the base model and that model really only does a bt less than half of what a base WT Silverado will do. But what it and the santa cruz does well is offer an el camino option for a comparatively low base price(still seems high to me). you get 4 doors, good gas mileage, and front wheel drive you just don’t get a trunk lid or a topper without paying extra (Sedan or Hatch).
From what I have been reading the Maverick spends half it’s time in the shop…you pay 20k you get 20k.
More hate from Dan B because he has no need for a truck so no one else should be able to buy one.
Yes, trucks have gotten quite expensive. But look at the luxury features they now offer. Plus, after 5 years of use, a trucks value is significantly larger that any car out there. Hate all you want but reality is, a truck makes a great all around alternative for many people that need a multi-purpose vehicle. Considering the volumes that are sold, many people understand that concept and will continue to buy trucks.
Dan just wants us to get off his lawn.
GMC Fan: You have zero clue what “need” I have. There are many times in which a truck would work well for me. And I’ve owned a few trucks over the years. Unlike the vast majority of people currently driving them, I purchased a truck for specific use and no longer buy them because that need didn’t justify the costs. So you take my disgust of high truck prices as “more hate” from me? You’re truly special.
I don’t care how you slice and dice it. Trucks are way over-priced and have been for a long time. Everything else you bring up is just fluff to justify those absurd prices.
the issue really is that with all the NHTSA required stuff and commodity of scale pricing, a truly stripped work truck is not an option. I would really be fine without heated this or that, I don’t need a backup camera to park, I don’t need adaptive cruise control or lane departure warnings, and I certainly do not require power everything and a stupid tablet screwed to my dash to perform truck type work duties. but designing a truck without them these days is tough because so few want them that way and the parts for those few that do become more expensive because so few want them. Vicious cycle.
Thank god we have a big beautiful recession coming.
The housing market has already crashed.
Next up is the automotive market.
Scott: I’ve read your comments before on this (If I’m correct), and I agree with you entirely. In fact, we are already seeing a huge swing in the dealership I work at now. Buyers are tapped out and with the X-mas season here (meaning over-spending on more junk), credit card payments building up, inflation still pinching and incomes not going up, these buyers have become tire kickers. Working in the fleet department, the brokers that use us are giving us feedback that is not very encouraging.
After all, how long can people continue with the $1,000 to $1,400 per month payments? On top of that, all these people who “cashed in” the equity on the vehicles they did have are now burned through that money and stuck with overly high car payments. This country needs to get back to teaching proper economics early on in high school.
Crash? I wish, I’m in Central FL and it has only stabilized here. 3/2 new home is 400k easy. Older 3/2 350k. I’m just glad I bought beforehand at 200k and refi at 2.25% for 10yrs. Having a mortgage payment is not where it’s at.
Go home boomer. Your the guy that would complain if they started at 20k
What decade do you live in?
I recommend you keep your current truck well maintained because people are willing to pay these new prices so no reason to drop the price. I have an 04 Colorado crew zq8 that I’ve been wanting to replace as my daily, this is gonna be it because I wanted rwd and the Maverick is fwd. Price is a bit higher than expected, but oh well.
Looks like only a $2000 increase in price from the 2022’s if I do my math right? Anybody care to confirm?
2022 Colorado starts at $25000 for 2wd short cab, short bed, fleet version. 2.5l I4
For a 2022 v6 crew cab short bed 2wd WT you’ll pay 29500. So a 1000$ increase configuration to configuration, but the engines don’t exactly match.
Trial boss looks like best bang for you buck .
It’s a little more than I was hoping, but $4500 more than a WT isn’t terrible. For all the stuff it DOESN’T have though, it shouldn’t cost more than the LT.
The Trail Boss will be the one I get. I live in the mountains. We get snow in the winter. We go out in the boonies in the summer. I was hoping it wouldn’t be more than 40k because I don’t want to spend too much more than that.
Just over $30K for a stripped down wimpy Colorado, really?
I paid that for my 2015, Still have it. Has been a great truck. Will buy a 2023 Trail Boss 4×4 next as I have moved out of the city to the mountains.
I hate to say it anything worth having vehicle wise is not cheap anymore.
The days of the $9999 S10 are long gone.
I guess we can add $1000 – $1500 to all of these prices for the corresponding GMC Canyon models
Well, the other shoe will drop economically. Look at the price of vehicles late 1960’s compared to the height of the carter recession in the 70’s. Prices actually fell dramatically. So did some of the features, but IMHO, compare a 2023 Silverado 1500 WT 4×4 to the original Sierra Denali in a 2500. That WT is in many ways more capable and more luxurious.
We should be nearing the end of the capability and feature wars, and soon enter the price wars.
Remember when Chrysler actually had a 2 for 1 sale? It might only have been the LeBaron but there might have been others models too.
So this is basically the Canyon AT4
Z71 4WD Turbo High-Output 2.7L I4 L3B $41,790
AT4x probably starts at 50k-52k
AT4 starts at $45K
2WD Elevation: $38,095
4WD Elevation: $41,395
These prices run $20-25k under Sierra prices. That’s pretty good considering what the Canyon should offer.
If inventory would actually build up on both models, they have some room for some discounts though I suspect that’s at least a year or more in the future.
is this usd or can dollars
I payed 37k for my 2018 ZR2 (MSRP was 43k). I know inflation is high, but still…
My regret is not buying a Silverado Diesel in Jan 2020 for $38k. COVID restructured the global economy and f**ked us.
These trucks are going to sell a lot of Ridgeline’s for Honda.
The Ridgeline is a truck for women who want to say they drive a truck but still have a car. Not even in the same ballpark as this.
Colorado’s only come with 4 cylinders, talk about a woman’s truck.
If you judge your masculinity by the pickup you drive, then you’re doing it wrong. Different choices make sense for different people. The Ridgeline’s payload and ability to lay a sheet of plywood flat say it’s a pickup.
Will you fan boys ever realize the Ridgeline can carry 1600#, full sheets of plywood flat in the bed or tow a 5000# boat? Cheaper to own and maintain and gas up, more comfortable to drive and ride and probably still be on the road at 400,000 miles. Buy what you want but why insult those who know firsthand what best suits their needs.
I owned brand new 2011,2015 and 2017 SLT’s. The 15 dash must have been built by Dodge because it collapsed from breakage and racking, the 2017 wire harness must have been built by Fiat because sections would fail and need replacement for no reason what so ever.. But I hope you enjoy your ownership experience.
Do you have any idea what those are priced at? You act like they start at 20K or something.
The one I want is almost 40k. For that I will get 4 wheel drive, a towing capacity that will accommodate m travel trailer and all kinds of tech that I won’t get in a Ridgeline.
Gene H: You couldn’t be more wrong. Just based on price, the wanna-be truck Ridgeline isn’t really cheaper on price. It’s just a “truck” for those who still believe Honda’s are great and in Santa Claus.
Not sure what you mean since I agree with what you said.
Paul: Just saying that the price on the Ridgeline isn’t really any cheaper than the rest and that if Gene believes otherwise, then he’s one of those who still (falsely) believe Honda’s are the best and he thinks Santa is real.
Sadly the Tacoma with it’s old school NA V6 is still the best and most reliable with highest resale value I will bet. With Ford Rangers and now the Colorado with nothing but a 4 pot with a turbsky, I imagine Toyota will follow suit shortly.
People are complaining about the new Colorado only having a 2.7 L 4 banger with a turbo. I have a couple of things to note about that. I have a 3.6 L V6 in my 2015. Great engine runs well. Puts out 302 HP and is rated for towing at 7000 lbs. The new engine has 2 less cylinders and puts out 310 HP and is rated for towing 7700 lbs. Most people don’t do much if any towing with their trucks. I have a 5000 lb. travel trailer I tow with mine. The other thing I wanted to mention was I have a 2019 VW Tiguan with a 1.8 L engine and a turbo. Not the top of the line by any means. I can be driving 80 and it has power to spare. Would expect the same from the 2.7 L engine.
My Ridgeline RLT was under 40 K out the door with leather. Nothing but oil changes so far at 40,000 miles. Mechanically flawless so far. I stop here now because I realize who’s web site I am on.
Says you but pay $15000 more to do the same job 99% of owners need done if you want.
Sorry. Just looked at Honda’s website and they START at $39,000. For that you can get a pretty nice (and more capable) Colorado that includes 4 wheel drive that the Honda doesn’t even offer.
Starting at $27,250
Pro model starts at 47k. You better get a whole lot more for the Desert thing if it starts 10K higher.
How do you figure Honda doesn’t offer 4wd?
Because if you go to their website and click on ‘build’ there is only one powertrain offered: AWD. 4 wheel drive isn’t an option.
They all come with a lock function- sends full torque to either rear wheel, as well as the front diff.
hahaha. A lock function!!!
Yet another wanna-be truck person who doesn’t understand the difference between AWD and 4WD.
This is just like all the twits that come into the Mazda store acting like they are buying a 4WD SUV. Even funnier? How they come in thinking the AWD makes the vehicles handle better.
Look what people pay for a piece of “@#$%” Wrangler
Michael: The Wrangler is a very capable and good vehicle. But still, that doesn’t make them worth the money and just because idiots will pay that much for them doesn’t make them worth it.
I used to drive almost nothing but Jeeps. I’ve had 3 Wranglers and loved every one and I actually went off road with them. But that all stopped when the look-at-me crowd decided that it would be cool to drive a 15 MPG Jeep that’s all jacked up with 10 grand worth of accessories to drive from home to work. That’s when the prices jumped sky high and I stopped buying them.
Don’t get me wrong I used to want one but what you said about the look at me crowd is spot on.
My neighbor has more crap hanging off of his it looks like he bought EVERYTHING and he drives it the grocery store. Wheels, jacks, snorkel it looks ridiculous.
The price of all vehicles = crazy so not surprised by the Colorado.
Or Gladiator, for that matter- the cheapest on costs as much as a TrailBoss, and that’s with steel wheels, manual locks and windows, and no hard top. A ZR2 equivalent is $56k!
Sounds about right. I can upgrade from my 2004 LS 1500 HD to a better infotainment system for $5000 more.
Wish I made more money at work. Love the truck but struggling just to keep my family intact. Will definitely go for a test drive in one. It’s as close to accomplishing my dreams.
Been there. Done that. Gotta take care of the family first. Even if it means driving something less than you’d like to have.
Other trucks in this class are less equipped for around the same price.
Including 4×4 suvs like the Broncos and Jeeps. Nissan fell short and didn’t need to.
I have to say, when I saw all the standard equipment that it comes with, I was amazed.