Increasing Prices for the 2023 Chevy Colorado Include Extra Value

It’s getting a little exhausting to see prices for popular trucks like the Chevrolet Colorado rise. Sometimes it feels like truck shoppers can’t catch a break! But we have some good news. The 2023 Chevy Colorado is more expensive, but it also comes with a lot more stuff! 

How much does the 2023 Chevy Colorado cost? 

2023 Chevy Colorado new off-roading trims and price
2023 Chevy Colorado Desert Boss | Chevrolet

The 2023 Chevy Colorado kicks things off at $32,190. This is for the entry-level ColoradoWT model, and the price includes the $1,495 destination charge. It’s only $1,165 more than an equally configured 2022 model. 

But don’t let the WT for Work Truck be a deterrent. The 2023 Colorado has standard 17-inch steel wheels, black cladding, black door handles, an 11.3-inch infotianment display, wireless Apple CarPlay/Android Auto, and an 8.0-inch digital gauge cluster. 

It also comes with manual cloth seats, halogen headlights, Chevy Safety Assist, and a Hitch View to simplify aligning a trailer. 

One drawback to consider is the fact that it costs $3,300 to add four-wheel drive. That’s a hefty fee. But the standard 2.7-liter engine cranks out 237 hp and 259 lb-ft of torque. Upgrading to the more powerful Turbo Plus version gives you 310 hp and 290 lb-ft of torque, and it’s only $1,420. 

The 2.7-liter engine replaces the outgoing model’s standard 2.5-liter four-cylinder engine with only 200 hp and 191 lb-ft of torque. 

What comes with the 2023 Colorado ZR2? 

The 2023 Chevy Colorado ZR2 comes in at $49,790, including the destination fee. It’s actually $2,120 cheaper than the diesel-powered 2022 ZR2 model, but it is $1,600 more than the V6-powered ZR2. 

You can no longer opt for the 3.6-liter V6 engine with 308 hp and 275 lb-ft of torque or the 2.8-liter Duramax four-cylinder diesel engine with 181 hp and 369 lb-ft of torque. 

But it does come with the high-output version of the engine that cranks out 310 hp and 420 lb-ft of torque. Four-wheel drive is also standard. 

The base ZR2 model features aggressive suspension upgrades and a 3.0-inch lift. The track has been widened by 3.5 inches too. It includes Multimatic DSSV dampers that have been upgraded with new seals, fresh tuning, and larger-diameter shafts. 

According to MotorTrend, it rides on 17-inch wheels wrapped in 285/70R17 32.7-inch mud terrain tires. Plus, the fifth drive mode goes beyond the Baja mode and eliminates the need for electronically locking differentials. 

Are cheaper Colorado off-roading trims available? 

2023 Chevy Colorado price
2023 Chevy Colorado | Chevrolet

Yes, you can save with the 2023 Chevy Colorado TrailBoss, which starts at about $39,990. It comes with standard 4×4 and the Turbo Plus version of the engine. 

It has a beefier suspension that’s 2.0 inches higher and 3.0 inches wider than the WT model. It also features a standard G80 automatic locking rear differential. 

The 2023 Chevy Colorado ZR1 raises the price to $42,890. It has the same engine as the Trail Boss and standard 4×4. But it also has standard twin-tube off-road-tuned shocks and 18-inch wheels wrapped in 31.2-inch tires. 

It also features an Adrelaine Red accented interior. The leather-trimmed cloth seats feature red upholstery for a sporty feeling. 

So, even though the 2023 Colorado comes with a slight price increase, it’s not that bad. It comes with more power, more tech, and enhanced capabilities.