Real price data

What should you pay for a 2016 Chevrolet Colorado?

Original MSRP

$22,925

When new

Fair market price

$17,120

Mileage-adjusted

Below MSRP

$5,805

A fair used price

Where prices land

$9,200Fair price $17,120$28,028

25th $15,895 · 75th $20,991 · MSRP $22,925

Spread of current 2016 Chevrolet Colorado listings · 25th–75th percentile marked.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
Work Truck$14,138$22,925
LT$17,234$33,045
Z71$18,583$35,450
Work Truck
$14,138
LT
$17,234
Z71
$18,583

Out-the-door price by state

Out-the-door for a 2016 Chevrolet Colorado runs about $17,431 in MT to $19,281 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.

StateSales/use taxDoc + title + regOut-the-door
CA$1,241$110+$18,471
TX$1,070$332$18,522
FL$1,027$1,074+$19,221
NY$685$371$18,176
PA$1,027$587$18,734
IL$1,070$683$18,873
OH$984$444$18,548
GA$1,198$637$18,955
NC$514$793$18,427
WA$1,113$215+$18,448
OR$0$525$17,645

Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.

Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon

Safety & recalls

4 open NHTSA recalls on record for the 2016 Chevrolet Colorado.

AIR BAGS:FRONTAL

General Motors LLC (GM) is recalling certain 2015-2016 GMC Canyon and Chevrolet Colorado, and 2016 Chevrolet Volt vehicles. The driver's frontal air bag may improperly inflate during second-stage deployment in the event of a high speed crash.

Remedy: GM will notify owners, and dealers will replace the driver's frontal air bag module, free of charge. The recall began November 8, 2017. Owners may contact Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 17387.

Campaign 17V621000 · 05/10/2017

FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP

General Motors LLC (GM) is recalling certain 2015-2018 GMC Canyon, 2016-2017 Buick Envision, 2016-2018 Chevrolet Colorado and Malibu, 2017-2018 GMC Acadia, 2018 Buick LaCrosse, Cadillac ATS, Chevrolet Equinox, and GMC Terrain vehicles. The high pressure fuel pump may detach from its mounting flange, possibly resulting in the pump damaging the high pressure fuel line.

Remedy: GM will notify owners, and dealers will replace the high pressure fuel pump, and high pressure fuel pipe, free of charge. The recall began July 2, 2018. Owners may contact Buick customer service at 1-800-521-7300, Cadillac customer service at 1-800-458-8006, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 18188.

Campaign 18V358000 · 31/05/2018

LATCHES/LOCKS/LINKAGES

General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Colorado trucks manufactured August 25, 2015 to September 24, 2015, and GMC Canyon trucks manufactured August 28, 2015 to September 24, 2015. The affected vehicles have a console compartment lid latch assembly that may fail to keep the compartment door closed in the event of a crash. As such, these vehicles fail to comply with the requirements of the Federal Motor Vehicle Safety Standard (FMVSS) number 201, "Occupant Protection in Interior Impact."

Remedy: GM will notify owners, and dealers will replace the console compartment door latch assembly, free of charge. The recall began on January 5, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 16370.

Campaign 15V807000 · 01/12/2015

AIR BAGS:FRONTAL

General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Colorado vehicles manufactured January 19, 2016, to February 2, 2016, Chevrolet Malibu vehicles manufactured January 9, 2016, to January 26, 2016, and 2016 GMC Canyon vehicles manufactured January 21, 2016, to February 4, 2016. The driver frontal air bag may improperly inflate during second-stage deployment in the event of a high speed crash.

Remedy: GM will notify owners, and dealers will replace the driver side frontal air bag module, free of charge. The recall began on April 14, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, and GMC customer service at 1-800-462-8782. GM's number for this recall is 28030.

Campaign 16V125000 · 02/03/2016

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Frequently asked questions

What is a fair price for a 2016 Chevrolet Colorado?

A fair, mileage-adjusted price is about $17,120, within a typical market range of $15,895 to $20,991.

Is the 2016 Chevrolet Colorado cheaper than MSRP?

Yes — its original MSRP was about $22,925, so a fair used price is roughly $5,805 below MSRP.

What is the out-the-door price of a 2016 Chevrolet Colorado?

Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $17,431 in MT to $19,281 in NJ, depending on your state. Local taxes can add more.

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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/21/2026. Estimates only; your price depends on condition, options, and location.