What should I pay for a 2024 Chevrolet Colorado?
Prices for the 2024 Colorado vary widely by trim, options, and location. In general, expect roughly $30,000 to $40,000 for base models, mid-range trims in the low-to-mid $40,000s, and top-end or off-road-focused versions approaching or exceeding $60,000.
New Colorado price by trim (MSRP ranges)
These ranges reflect manufacturer-suggested prices before destination charges, taxes, and any dealer-added fees or incentives. Actual prices can vary by region and dealership, and options can push costs higher.
- WT (Work Truck): approximately $28,000–$32,000
- LT: approximately $34,000–$40,000
- Z71 (off-road package): approximately $41,000–$46,000
- ZR2 (high-performance off-road): approximately $59,000–$66,000
Prices shown are typical MSRP ranges for common configurations and are subject to change with GM’s pricing, packages, and regional incentives. Always verify current MSRP with a local dealer or on Chevrolet’s official site before negotiating.
Other costs to consider when budgeting
Beyond the sticker price, several charges and factors can affect the out-the-door cost of a 2024 Colorado. Understanding these helps you avoid surprises at the dealership.
- Destination charge: a separate fee added to the MSRP; amount varies by model year and region
- Taxes, title, and registration: vary by state and locality
- Dealer documentation and processing fees: can range from modest to several hundred dollars, depending on the dealership
- Optional equipment and packages: any add-ons (bed liners, tonneau covers, upgraded wheels, advanced safety tech) raise the price
- Financing costs and incentives: loan APRs, manufacturer rebates, trade-in value, and regional offers
- Trade-in value and sale terms: if you’re not financing or leasing, your trade-in can affect the price you pay for the Colorado
When budgeting, factor in these extras and compare total out-the-door quotes from multiple dealers to get a clearer sense of the true price you’ll pay.
Smart shopping steps
To land a fair price on a 2024 Colorado, follow a structured buying process that emphasizes price comparison, timing, and negotiation.
- Research current MSRPs, dealer quotes, and regional incentives from credible sources (GM’s site, TrueCar, KBB, Edmunds).
- Get written quotes from several dealers and ask for the out-the-door price (including destination, fees, and taxes).
- Consider nearby trims or certified pre-owned 2024 Colorado models if you’re open to slightly used options; they can offer substantial savings with limited mileage.
- Negotiate the price before discussing financing; focus on the purchase price rather than monthly payments to avoid hidden markups.
- Review incentives and rebates, and be wary of optional add-ons or dealer-installed accessories that can inflate the total.
Following these steps can help you approach the Colorado purchase with a clear baseline and better leverage for a fair deal.
Summary
The 2024 Chevrolet Colorado presents a broad price spectrum—from everyday Work Truck configurations in the low-to-mid $30,000s to fully equipped ZR2 models well above $60,000. Your final out-the-door price will hinge on trim choice, options, destination charges, local taxes, and dealer incentives. By researching, obtaining multiple quotes, and negotiating the total price rather than monthly payments, you can secure a fair price for the Colorado that fits your budget and needs.
What is the residual value of a 2024 Chevy Colorado?
A 2024 Chevrolet Colorado Crew Cab has a 5-year cost-to-own of $60,944. After 5 years a 2024 Colorado Crew Cab will depreciate $15,669 and have a residual value of $15,726.
What year to stay away from Chevy Colorado?
The Chevy Colorado years to avoid are primarily the 2004-2006 first-generation models and the 2014-2019 second-generation models due to common issues like transmission problems, engine misfires, and power steering loss. The 2015 model is often cited as the worst year due to widespread transmission and power steering failures. Other years with notable complaints include 2017 for electronics and 2018 for transmission shuddering.
This video discusses the worst Chevy Colorado years to avoid, focusing on the 2015 model's transmission and steering issues: 1mEveryman DriverYouTube · Dec 22, 2019
Problematic generations and years
- First Generation (2004-2006):
- 2004-2006: Early years are prone to engine misfires and worn-out valve seats.
- Second Generation (2014-2019):
- 2015: This is frequently called out as the worst year due to numerous complaints about the transmission and a high number of power steering system failures.
- 2017: Issues with the display screen freezing and phone pairing problems are frequently reported.
- 2018: Transmission shuddering and other transmission-related problems were common.
- 2014-2019: This period saw many transmission and engine issues, as well as problems with power steering and the HVAC system.
- Other years:
- 2004-2012: These years can have problems with the A/C blower motor and fuel level sensors.
You can watch this video to learn about potential problems with different generations of the Chevy Colorado: 56sTech TriumphYouTube · Apr 14, 2025
Common issues by category
- Transmission: Shuddering, sluggish shifting, and premature failure were common, particularly in the 2015-2019 models.
- Engine: Misfires and worn-out valve seats were reported in the 2004-2009 and 2016 models.
- Steering: A significant number of 2015 models experienced power steering loss, which is a major safety concern.
- Electronics: The 2017 model is known for issues like freezing display screens and problems with phone pairing.
- HVAC: Malfunctioning A/C blowers were a complaint in the 2004-2010 and 2012 model years.
What should I pay for a 2024 Chevy Colorado?
2024 Chevrolet Colorado: Build & Price
2024 Chevrolet Colorado LT: Starting at $31,900 MSRP. 2024 Chevrolet Colorado Trail Boss: Starting at $37,300 MSRP. 2024 Chevrolet Colorado Z71: Starting at $40,200 MSRP. 2024 Chevrolet Colorado ZR2: Starting at $46,800 MSRP.
How much did the 2024 Chevy Colorado price increase?
The 2024 Chevy Colorado's price went up by $535 for the WT and LT trims when equipped with the turbocharged 2.7L I4 L3B engine and by $300 for every other model in the Colorado lineup. These changes bump up the base price of the 2024 Chevy Colorado to $31,395.
