A Newer Chevrolet Truck With A Four-Cylinder Engine Has A 66.5% Resale Value

If you are in need of a mid-size truck that can get the job done and still retains a high resale value when it is time to sell, look no further than the 2023 Chevrolet Colorado. As MotorTrend pointed out, this truck has a 66.5% resale value on average, between the ZR2's 65.4% and the entry-level Work Truck trim with four wheel drive at 68.5%. It's on par with the 2023 Chevrolet Silverado HD that retains 67.8% of its resale value, making it a smart investment for retirees.

Edmunds priced out the average cost of a 2023 Chevrolet Colorado in a range between $27,590 and $54,990, depending on the trim and other additional options you are looking for in a truck. Kelley Blue Book listed the original market suggested retail price of a new Colorado Crew Cab Work Truck Pickup 4D 5 ft at $30,695 now goes for $24,813 in 2025 and the 2023 Colorado Crew Cab ZR2 Pickup 4D 5 ft – originally coming with a sticker price of $48,295 – can be bought for closer to $45,340 as of July, 2025. Other models of the truck fall somewhere in between, like the 4WD Trail Boss Crew Cab that has a starting price of $38,495. Whichever model you choose, there is a 2023 Chevrolet Colorado that fits your budget and will retain nearly two-thirds of its original value upon resale.

If you are looking for a brand of vehicle that has reliability built into every car and truck, Chevrolet has plenty of options, including the 2023 Chevrolet Colorado. Being one of the car brands that costs the least over time, Chevrolets tends to cost drivers $1,200 for repairs and maintenance in the first five years of ownership, averaging out to $6,050 over the course of 10 years, according to Consumer Reports, making Chevy one of the most dependable automakers on the market.

The Colorado's overall reliability rating on Repair Pal is 4.5 out of 5.0. While there are no official stats on the site specifically for the 2023 model, the Chevrolet Colorado estimated to have an average cost of upkeep for owners at $600 a year, with the frequency and type of damage remaining minimal when put against midsize trucks that have an annual expense of $548 in repairs and maintenance, as well as $652 for all other models. Overall, if you need a truck that can get the job done without many trips to your local mechanic and still fetch a great price on the resale market, the 2023 Chevrolet Colorado checks all the boxes.