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Chevrolet Colorado depreciation: value by age

Value kept after 3 years

78%

  • Loses 22% in 3 years.
  • 2023 Work Truck Crew Cab RWD. New: $30,695. Now: $23,800.
  • Median truck at 3 years: 69% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrColoradotruck median
Share of original MSRP kept, by age. Blue: median of 9 to 20 trucks per age.
Chevrolet Colorado value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242Work Truck Crew Cab RWD$31,395$26,600KBB fair price85%$4,795$2,398
20233Work Truck Crew Cab RWD$30,695$23,800KBB fair price78%$6,895$2,298
20224Work Truck Extended Cab RWD$27,395$18,900KBB fair price69%$8,495$2,124
20215Work Truck Extended Cab RWD$26,570$17,000KBB fair price64%$9,570$1,914
20206Work Truck Crew Cab LB RWD$26,170$14,850KBB fair price57%$11,320$1,887
20197Work Truck Crew Cab LB RWD$26,020$14,950KBB fair price57%$11,070$1,581
201882WD Ext Cab 128.3" Base$21,195$11,900KBB typical listing56%$9,295$1,162
201792WD Ext Cab 128.3" Base$20,995$11,000KBB typical listing52%$9,995$1,111
2016102WD Ext Cab 128.3" Base$20,995$11,400KBB typical listing54%$9,595$960
2015112WD Ext Cab 128.3" Base$20,995$10,250KBB typical listing49%$10,745$977
201214Extended Cab LT 6 ft 2WD$23,765$8,600KBB fair price36%$15,165$1,083
201115Work Truck Extended Cab RWD$21,650$6,750KBB fair price31%$14,900$993
2010162WD Reg Cab 111.2" Work Truck$19,215$6,325KBB fair price33%$12,890$806
2009172WD Reg Cab 111.2" Work Truck$18,935$5,875KBB fair price31%$13,060$768
Biggest drop
New to age 2: $2,398 a year.
Values as of
October 2026

KBB resale value by year

Chevrolet Colorado: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$31,395$24,315$24,500$21,577$19,099
2023$30,727$23,789$22,430$22,200$19,537$17,337
2022$23,999$19,973$21,103$16,850$15,374$14,208
2021$22,500$18,150$15,765$15,200$13,466$11,978
2020$17,656$16,518$15,822$11,700N/AN/A
2019$17,036$15,692$15,042$11,550N/AN/A
2018$15,052$13,634$13,030$10,500N/AN/A
2017$12,812$11,798$11,213$9,225N/AN/A
2016$10,828$10,077$9,797$9,850N/AN/A
2015$10,485$9,677$9,422$8,750N/AN/A
2012$7,282$6,120$5,887$6,400N/AN/A
2011$6,438$6,086$5,966$5,950N/AN/A
2010$5,507$5,262$5,088$5,575N/AN/A
2009$5,020$4,781$4,078$5,175N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked