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Chevrolet - Colorado (2016)
The Chevrolet Colorado, celebrated for its balance of capability and refinement, has become a staple in the midsize pickup market. Whether you’re eyeing a fresh 2024 model or a well‑maintained 2016 version, understanding Chevrolet Colorado price trends is essential for making a smart purchase. Below, we break down the key data points that help you navigate the options—from the first‑year Chevrolet Colorado 2016 price range to what a used truck can realistically fetch on today’s market.
Key Specifications – Quick Reference
- Engine: 2.5 L turbo‑charged I4 or 2.8 L turbo‑charged V6 (depending on trim)
- Transmission: 6‑speed manual or 8‑speed automatic (standard on higher trims)
- Horsepower: 162 hp (I4) up to 280 hp (V6) with SuperCab and lifted trims
- Torque: 256 lb‑ft (I4) up to 295 lb‑ft (V6)
- Fuel Economy: 21 mpg city / 24 mpg highway (I4) / 18 mpg city / 21 mpg highway (V6) – EPA estimates
- Payload Capacity: 1,340 lb (Standard Cab) to 2,120 lb (High‑line Silverado‑style cab)
- Towing Capacity: Up to 7,650 lb when equipped with the Towing Package
- Dimensions: Length 184–196 in, Width 73–80 in, Height 70–76 in; Wheelbase 111–119 in
- Interior: 6–seat options, dual‑zone climate, 8‑in touchscreen, smartphone integration
- Safety: Forward‑collision alert, lane‑departure warning, 10 airbags, driver‑monitoring
Depreciation Insight – What’s the Trend?
When evaluating a used Chevrolet Colorado price, depreciation is a key factor. Historically, the Colorado follows the midsize pickup trend:
- First Year: Typically loses 15–20 % of its value. A new 2016 model that launched at around $26,000 MSRP may be trading for roughly $21,500–$22,800 after a year of typical use.
- Two to Three Years: Annual depreciation slows slightly, averaging 10–12 %. A 2016 Chevrolet Colorado could see its price dip to about $18,000–$19,500 after three years.
- Five Years: Cumulative depreciation of about 35–45 %. A well‑maintained 2016 Colorado might fall into the $12,000–$15,000 range, depending on mileage, condition and trim level.
These figures are approximate and can shift with market demand, mileage, service history, and geographic factors. The Colorado’s reputation for strong reliability helps keep its depreciation curve slightly shallower than some rivals.
Comparative Context – How Does It Stack Up?
When you ask, “What is a 2016 Chevrolet Colorado worth?” it’s helpful to compare with peer models:
- Ford Ranger: Slightly higher base price, similar payload and towing limits; the Ranger often carries a higher resale value due to its premium branding.
- Toyota Tacoma: Known for higher durability; the Tacoma’s used price stays a bit above the Colorado’s, especially in the Classic and SR variants.
- GMC Canyon: Shares the same platform but commands a premium due to its luxury‑oriented interior and branding; you’ll likely pay 10–15 % more for a comparable year and trim.
These comparisons highlight the Colorado’s value proposition: a lower entry cost without sacrificing power or practicality, making it a compelling choice for budget‑conscious buyers.
Market Position – Where the Colorado Excels
Popular in the midsize pickup segment, the Chevrolet Colorado is favored by small business owners, outdoor enthusiasts, and families needing cargo versatility. Its compact footprint offers easier maneuverability in urban settings, while
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | US$25,490.00 | Unlock all links | |
| 2 years ago | used | US$22,456.00 | Unlock all links | |
| 2 years ago | used | US$20,995.00 | Unlock all links | |
| 2 years ago | used | US$19,999.00 | Unlock all links | |
| 2 years ago | used | US$20,995.00 | Unlock all links | |
| 2 years ago | used | US$25,490.00 | Unlock all links | |
| 2 years ago | used | US$21,495.00 | Unlock all links | |
| 2 years ago | used | US$20,995.00 | Unlock all links | |
| 2 years ago | used | US$18,257.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$20,995.00 | Unlock all links | |
| 2 years ago | used | US$24,995.00 | Unlock all links | |
| 2 years ago | used | US$21,900.00 | Unlock all links | |
| 2 years ago | used | US$22,998.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links | |
| 2 years ago | used | US$23,288.00 | Unlock all links |