2023 Chevy Colorado Pricing Revealed
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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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Good thing I bought a truck already. Trucks are just getting more and more expensive.
Waitaminit – if you compare a 2022 WT, 4 dr, short bed, (because the 2023 only comes that way) that one starts at $29,755, so the price difference is really only $940, but for that you’re already getting an extra 37HP and an extra 69 lbft of torque, not to mention the other improvements. Sounds ok to me.
John…this 4 banger has more hp and torque than the V8 in the 90s Silverado, and just as much as the second gen V8. It outperforms the outgoing v6 in every metric. It smashes the diesel in HP, and almost matches it in torque.
Welcome to 2022
The Canyon is the winner here. With a factory 2″ lift and high output engine as standard on ALL trims it’s a no-brainer really.
I originally was all in for a base ZR2 but you practically get a “ZR2 tier” level vehicle at a base cost of an elevation. (Yes the ZR2 is 3″ lift and has the spool dampers but no one really needs that)
I love that they are allowing buyers to upgrade the engine tune for a reasonable amount of money.
I’m really considering picking up a Trailboss. Great value considering the other options.
I think, my opinion, that the 2.7 motor with all that torque is the strongest reason to own one. I drove a Sierra 1500 with one. It’s a blast to drive. I hope it rolls over into their Cadillac’s .
Is there really going to be a mandatory $1500 upcharge for Onstar services ? That smells like desperation to me. Big Brother needs to keep track of everybody maybe?