Buying Outlook Updated in May, 2012 by our Vehicle Experts
- Supplies of the 2012 Chevrolet Colorado are good
- This will be the final year of production for the Colorado
Great Deals 
OUR TAKE
PROS
CONS
Chevrolet's compact-midsize pickup truck is now in its 8th model year, receiving minor refreshes over the years but virtually unchanged for 2011. It shares a platform and powertrains with the GMC Canyon. The Colorado is available in 3 cab configurations: Regular and Extended with a 6-foot bed, and the Crew Cabs with its 5-foot bed. The base engine is a 2.9-liter inline 4-cylinder making 185 hp and 190 lb-ft. of torque. An optional 3.7-liter inline 5-cylinder is good for 242 hp and 242 lb-ft., while the top-of-the-line flex-fuel 5.3-liter V8 outputs 300 hp and 320 lb-ft. 4-cylinder cars come with 5-speed manual or 4-speed automatic transmissions, while other engines are limited to the 4-speed automatic.
The Colorado is a solid choice for truck buyers not in need of huge towing and payload capabilities, though competing models offer newer technology.
| % Chosen by Shoppers | Average MSRP | Average CarsDirect Price | |
|---|---|---|---|
| 1 2012 1LT 4x2 Extended Cab 6 ft. box 126 in. WB | 13% | $24,247 | $21,457 |
| 2 2012 2LT 4x2 Crew Cab 5 ft. box 126 in. WB | 13% | $29,226 | $26,866 |
| 3 2012 Work Truck 4x2 Regular Cab 6 ft. box 111.3 in. WB | 11% | $18,799 | $17,522 |
| 4 2012 Work Truck 4x2 Extended Cab 6 ft. box 126 in. WB | 10% | $21,596 | $19,238 |
| 5 2012 2LT 4x4 Extended Cab 6 ft. box 126 in. WB | 8% | $30,726 | $27,949 |
| 6 2012 Work Truck 4x4 Extended Cab 6 ft. box 126 in. WB | 8% | $24,821 | $22,373 |
| 7 2012 LT 4x2 Regular Cab 6 ft. box 111.3 in. WB | 7% | $22,103 | $20,590 |
| 8 2012 LT 4x4 Regular Cab 6 ft. box 111.3 in. WB | 6% | $26,494 | $24,650 |
| 9 2012 1LT 4x2 Crew Cab 5 ft. box 126 in. WB | 6% | $26,511 | $24,311 |
| 10 2012 1LT 4x4 Crew Cab 5 ft. box 126 in. WB | 6% | $29,274 | $26,927 |
| 11 2012 2LT 4x4 Crew Cab 5 ft. box 126 in. WB | 6% | $31,990 | $29,361 |
| 12 2012 1LT 4x4 Extended Cab 6 ft. box 126 in. WB | 4% | $27,768 | $25,086 |
| 13 2012 Work Truck 4x4 Regular Cab 6 ft. box 111.3 in. WB | 3% | $22,433 | $21,051 |
| 14 2012 2LT 4x2 Extended Cab 6 ft. box 126 in. WB | 1% | $27,240 | $24,578 |
| 15 2012 3LT 4x2 Extended Cab 6 ft. box 126 in. WB | 0% | $27,010 | N/A |
| 16 2012 3LT 4x2 Crew Cab 5 ft. box 126 in. WB | 0% | $28,340 | N/A |
The prices above are averages across all regions — Build and price your own Chevrolet Colorado now »
CARSDIRECT IS AN INTERNET BRANDS COMPANY. COPYRIGHT 1999-2012 CARSDIRECT.COM, INC.