Estimated value by year
New
$30,000
MSRP
1 yr
$23,700
-21%
2 yrs
$21,600
-28%
3 yrs
$19,800
-34%
5 yrs
$16,800
-44%
10 yrs
$10,800
-64%
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Full Depreciation Table — Chevrolet Colorado
Based on base MSRP of $30,000. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $26,100 | $30,000 | $33,600 |
| 2025 | 1 yr | -21% | $20,619 | $23,700 | $26,544 |
| 2024 | 2 yrs | -28% | $18,792 | $21,600 | $24,192 |
| 2023 | 3 yrs | -34% | $17,226 | $19,800 | $22,176 |
| 2022 | 4 yrs | -40% | $15,660 | $18,000 | $20,160 |
| 2021 | 5 yrs | -44% | $14,616 | $16,800 | $18,816 |
| 2020 | 6 yrs | -48% | $13,572 | $15,600 | $17,472 |
| 2019 | 7 yrs | -52% | $12,528 | $14,400 | $16,128 |
| 2018 | 8 yrs | -56% | $11,484 | $13,200 | $14,784 |
| 2017 | 9 yrs | -60% | $10,440 | $12,000 | $13,440 |
| 2016 | 10 yrs | -64% | $9,396 | $10,800 | $12,096 |
Cost per year
$2,520
avg annual loss
Sweet spot buy
2–3 yrs old
$19,800 saves $10,200
Value at 10 yrs
$10,800
64% of value gone
Key Specs — Chevrolet Colorado
Category
Truck
Base MSRP
$30,000
5-Year Depreciation
42%
vs Category Avg
4% worse than average
Expected Lifespan
200,000+ miles
Best Used Buy Age
2–3 years old
Should you buy a used Chevrolet Colorado?
The sweet spot for buying a used Colorado is 2 to 3 years old. At that age you can save approximately $10,200 off the new price while still getting a relatively modern vehicle. The steepest depreciation happens in the first 1-2 years, so letting someone else absorb that loss is a smart financial move.
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