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2021 chevrolet colorado
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19 city / 25 hwy

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The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Chevrolet Colorado
$331 / month
$383 / month
Buying Tips

What you must know before buying the Chevrolet Colorado

John Diether
Automotive Editor - July 4, 2020
  • 2020 Colorado supplies up to speed
  • Get 10% off MSRP
  • Lease an LT 4x4 Crew from $329 for 36 months
  • See dealers for APR options

Steady supplies and pricing:

The carryover 2020 Colorado is stocked in good numbers across the country. While base models aren't discounted to any significant degree, there may be room to negotiate on the upper trims.

The mid-level LT is most common, especially in Crew Cab form, and generally sells at a favorable price point. High-volume dealers that specialize in trucks generally offer the best pricing across the board.

The Colorado is getting a big refresh in 2021 with revised styling borrowed from the brand's full-size Silverado pickup.

Current offers are available on a national basis and will expire August 3, 2020 unless otherwise noted.

Take 10% off:

Chevy now offers 10% off the MSRP of the 2020 Colorado.

With this promotion, you're likely to save more than at any previous time this year. The discount on the ZR2 model, for example, works out to $4,436.

Major improvement on leases:

Current lessees of any brand can now lease a 2020 Colorado LT 4x4 Crew Cab from $329 for 36 months (10,000 miles a year) with $1,559 due at signing.

The effective monthly cost works out to $372, an excellent value for this price class.

If you finance:

Financing offers on the 2020 Colorado haven't started yet. We expect to see discounted rates from Chevy as early as next month. For now, see your local dealer for a rate quote.

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Based on 2021 Chevrolet Colorado WT 4x2 Extended Cab 6 ft. box 128.3 in. WB - MSRP $26,395

Best Chevy Deals & Lease Offers In August

Chevy's incentives roll over into the first few days of August. The American automaker brought back 0% APR for 84 months on select models and discounts can reach up to 15%... View All Chevrolet Lease Deals

2021 Chevrolet Colorado: Model Preview

Justin Cupler
Automotive Editor

Model Preview

Since its return to the Chevy lineup in 2015, the Colorado has carried on with minimal visual updates while other midsize trucks have passed it by stylistically. The 2021 Chevy Colorado will put a stop to the lack of change with a refreshed look that puts more distinction between trim levels.

Buyers will find the bulk of the updates to the 2021 Chevy Colorado up front where this midsize pickup will boast new grille center bars, lower fascias, and skid plates on the WT, LT, and Z71 trims. With these updates, Chevy will put some distinction between the trims with a unique-looking front end for each level. Further distinguishing these trims are new gold bow tie logos on the WT and LT models and black bow ties on the Z71. All 2021 Colorado models will get a “Chevrolet” embossed tailgate in place of the rear bow tie emblem.

The off-road-ready ZR2 model will get even more rugged looking, as it will be the only 2021 Colorado with the new flow-through “Chevrolet” front fascia. It will also gain new red tow hooks to go along with its 2-inch suspension lift, 3.5-inch-wider track, off-road rocker protection, and other off-the-beaten-path upgrades.

Under its hood, we expect the 2021 Chevy Colorado to continue with the same engine options, starting with a standard 200-horsepower 2.5-liter four-cylinder paired with a standard six-speed automatic transmission. Optionally, buyers can go with a 308-hp 3.6-liter V6 paired to an eight-speed automatic transmission or a 2.8-liter turbocharged diesel four-cylinder with 186 hp and 369 pound-feet of torque mated to a six-speed automatic transmission. No matter the powertrain configuration, the 2021 Colorado will come standard with rear-wheel drive or optional four-wheel drive.

2021 Chevrolet Colorado

The current Colorado struggled in IIHS safety testing with a “Marginal” safety rating in the passenger-side small-overlap test, “Poor” rating in the headlight test, and “Basic” rating in front-crash prevention. The latter is due to its lack of available automatic emergency braking, as the Colorado only has optional forward crash warning. We expect no changes to the 2021 Colorado’s safety equipment or ratings.

Key competitors will include the Ford Ranger, GMC Canyon, and Toyota Tacoma.

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Pictured: 2021 Colorado

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