The all-new 2023 Chevy Colorado pickup truck full pricing guide and online configurator are now live. You can build your own new Chevy midsize truck. Roman and I go through the configurator for an expert buyer’s guide. Everything from the new base Colorado work truck 2WD to a fully optioned ZR2 Desert Boss. It turns out that you can easily buy two new Colorado base trucks for the price of one top-of-the-line model.
2023 Chevy Colorado
The new Colorado comes in just one configuration. It’s a four-door crew cab with a short 5’2” bed. There is one engine and transmission pairing, but there are three different levels of power and transmission versions. The engine is a 2.7-liter turbocharged I4 that first made its debut in the full-size Silverado 1500 and Sierra 1500 trucks. In the base Colorado, the engine produces 237 horsepower and 259 lb-ft of torque. This engine is mated to the base 8-speed automatic transmission with a codename “N8R”.
You can option up to higher power levels for around $2,000. It’s called “Turbo Plus”. This comes with engine hardware upgrades and software tuning changes to produce 310 horsepower and 391 lb-ft of torque. This comes with an uprated 8-speed automatic transmission with a codename “MFC”.
Finally, the High Output turbocharged engine gets a software tune for a maximum of 310 horsepower and 430 lb-ft of torque. It also uses the MFC 8-speed automatic transmission.
If you want to move from 2WD to 4×4 – it will cost you about $3,300 in the new Colorado. Some trim levels, such as the Trail Boss, Z71, and ZR2 are not available with 2WD. The base 4-wheel drive comes with a single-speed transfer case (no 4LO: low range). The upper trim levels, come with a two-speed transfer case and available 4LO.
The base 2023 Chevy Colorado has a sticker price of $31,945 for a 2WD work truck trim with no options (including destination charges). This one has a maximum tow rating of 3,500 lbs when equipped with the base version of the 2.7L turbo.
The fanciest version of the new Colorado is the ZR2 Desert Boss. If you choose the ZR2, add the $9,000+ Desert Boss package, and add several more options – the sticker price rises to over $66,000. Indeed, you can buy two new Colorado trucks for the price of one ZR2 Desert Boss.