Chevrolet reintroduced the Colorado for the 2015 model year, bringing fresh competition to the mid-size truck segment dominated by Toyota. It offered a more car-like ride than its rivals and a choice of a 4-cylinder, a powerful 3.6L V6, or a class-exclusive 2.8L Duramax turbo-diesel. Body styles included extended and crew cabs, catering to a wide range of buyers.
The most collectible variants are the off-road-focused models. The Z71 has long been a popular choice, but the introduction of the ZR2 in 2017 created a true halo truck. With its Multimatic DSSV dampers, wider track, and front and rear locking differentials, the ZR2 is a highly capable machine. The even more specialized AEV-outfitted ZR2 Bison is also in high demand.
With 37 sales tracked, the market is active but still developing from a collector perspective. The average price of $28,256 reflects a market largely driven by utility and recent model years. The lowest sales are early work trucks, while top prices are reserved for low-mileage ZR2 and ZR2 Bison models from 2019 and later. These specialized trucks are holding their value exceptionally well.
Buying Tips
- On 2017-2022 models with the 8-speed automatic, check for a noticeable shudder between gears. A transmission fluid flush with an updated fluid type often fixes this common problem.
- Inspect the advanced Multimatic DSSV spool-valve dampers on ZR2 models for any signs of leaking, as they are a significant cost to replace.
- The 2.8L Duramax diesel has a timing belt that requires replacement at 150,000 miles. Factor this service into your budget if it hasn't been done.
- Check for signs of hard off-road use, especially on Z71 and ZR2 trims. Look for scraped frames, dented skid plates, and damage to suspension components.
- The infotainment screen is known to delaminate around the edges. Check its responsiveness and look for a spider-web pattern under the surface.
Prices for 2nd generation Chevrolet Colorados range from $4,050 for early, high-mileage examples to $55,000 for top-spec ZR2 variants.
505 Chevrolet Colorado 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 51 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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