2023 Chevrolet Colorado Is Now At Least $4.5k More Expensive

Pricing / 8 Comments

The truck is no longer a sub-$30k offering.

The 2023 Chevrolet Colorado was revealed in July, and now its pricing has been revealed. The third-generation car made quite a stir due to its choice of powertrains and mixed comments on its exterior design, but the most important thing is that it's here. Unfortunately, the pricing is notably higher than the outgoing model. What's more, it breaks the $30,000 barrier. The base model, which retails for an MSRP of $30,695, will set you back $32,190 when you add the destination charge of $1,495. In total, the 2023 entry-level truck is $4,560 more than the 2022 model, a significant amount in this class.

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The Chevrolet Colorado competes with the likes of the Toyota Tacoma and GMC Canyon, and as we know, pricing is all important in this class. The 2023 Tacoma starts at $27,250, while the 2022 Canyon is the only option shown on GMC's site, starting at $28,995. We expect this to be inflated for 2023, in line with the pricing of its Chevy-badged sibling.

For $30,695, you'll get your hands on a base Colorado WT in rear-wheel-drive configuration with a turbocharged 2.7-liter L2R engine producing 237 horsepower and 260 lb-ft of torque. The 2.7-liter engine is offered in three different power levels, and the base power output is increased to 310 hp and 391 lb-ft in the L3B and finally reaches 310 hp and 430 lb-ft in the high-output L3B. Power is sent to the wheels via a second-generation GM eight-speed automatic transmission, and the truck rolls on an updated 31XX-2 platform. For 2023, Chevrolet has kept the cab sizing and load box configurations simple: all trucks are crew cabs with short boxes.

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Pricing for the lineup is as follows: The WT trim is offered in 2WD and AWD, with the entry-level price of $30,695 rising to $31,745 for the more potent L3B engine.

The 4WD LR2 option is $33,995, and the base Colorado will top out at $35,045 for the 4WD L3B.

The next trim in the lineup, the LT, starts at $33,095 for the 2WD model with the L2R engine and tops out with the high-output L3B motor in 4WD guise for $37,840 (the LT is the first trim available with the high-output motor).

The off-road Trail Boss is yours for $38,495 in base spec, and the high-output L3B version will cost $38,890.

The Z71 starts at $41,995 and tops out at $41,790 for the high-output model.

The ZR2 retails for $48,295, and the range-topping ZR2 Desert Boss is yours for $57,590.

Production of the 2023 truck will commence at the GM Wentzville plant in Missouri in January.

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Source Credits: GM Authority

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