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The Chevrolet Colorado has been trying to catch the Toyota Tacoma for years, but it has one undeniable advantage. The revamped 2023 Chevy Colorado has the muscle to finally dethrone the 2023 Toyota Tacoma, and it still beats the remodeled 2024 Tacoma too. 

Can the 2023 Chevy Colorado tow more than the Toyota Tacoma? 

Yes, the 2023 Chevy Colorado can tow more than the 2023 Toyota Tacoma. When properly equipped, the 2023 Colorado can tow up to 7,700 lbs and carry a payload of up to 1,684 lbs. It matches what the Jeep Gladiator can tow. 

The 2023 Toyota Tacoma can tow up to 6,800 lbs and can carry a payload of up to 1,685 lbs. So, the Colorado can tow up to 900 lbs more, which isn’t that big of a difference. But hey, size matters. 

Plus, the 2024 Tacoma can tow up to 6,500 lbs. It actually lost 300 lbs of towing power. So, the Colorado can tow 1,200 lbs more than the new Tacoma. That’s a much better-looking figure. Also, the redesigned Tacoma can carry a payload of up to 1,709 lbs. 

Does the Colorado or Tacoma have more power?

The standard Colorado has more power than the entry-level 2023 Tacoma. The Colorado kicks things off with a turbocharged 2.7-liter four-cylinder engine that churns out 237 hp and 260 lb-ft of torque. 

With the standard 2023 Toyota Tacoma, you get a 2.7-liter four-cylinder engine with 159 hp and 180 lb-ft of torque. But you can upgrade to the 3.5–liter V6 engine for 278 hp and 265 lb-ft of torque. 

The Turbo Plus variant of the Colorado provides 310 hp and 391 lb-ft of torque. The High Output variant boosts the torque to 430 lb

With the 2024 Tacoma, the standard turbocharged 2.4-liter four-cylinder engine provides 228 and 243 lb-ft of torque. It’s tuned to provide 278 hp and 317 lb-ft of torque on higher trim levels. 

The Tacoma Hybrid benefits from the new i-FORCE Max powertrain, which pairs the 2.7-liter engine with a battery pack and an electric motor to generate 326 hp and 465 lb-ft of torque. 

So, the Colorado has more power than the 2023 Tacoma and the gas-powered 2024 Tacoma models. However, the Tacoma Hybrid squeezes in a win with 16 more hp and 35 more torque. 

The 2023 Colorado can accelerate from 0 to 60 mph in about 7.0 seconds, and the 2023 Tacoma gets there in roughly 7.7 seconds, but it has been clocked as low as 6.6 seconds. 

Does the Colorado or Tacoma have more space? 

The 2023 Chevy Colorado Z71 parked on pavement near evergreen trees
2023 Chevy Colorado Z71 | Allison Barfield, MotorBiscuit

The 2023 Chevy Colorado provides more interior space than the 2023 Toyota Tacoma. You’ll find that taller adults fit more comfortably in the front and rear of the Colorado. However, the rear seat is still pretty tight. 

If you want more passenger space, then consider going for the Jeep Gladiator or Honda Ridgeline. They have the largest backseats in the segment. Also, the Colorado has more storage capacity. 

It has a larger center console and glove box. The rear seats are easier to fold up in the Colorado as well. However, the 2024 Tacoma boasts increased space and storage capacity. It could have more passenger room too. 

For now, we can determine that the Chevy Colorado has more muscle than the Tacoma. It can tow more than the 2023 and 2024 models. Stay tuned for updates as we get behind the wheel of the 2024 Tacoma to compare its new features.