Chevrolet Colorado · Cost of Ownership

Chevrolet Colorado Costs

The average cost of owning a Chevrolet Colorado for 5 years is $65,423. This total will vary per vehicle, driver, and location. These ownership expenses include:

Cost breakdown

5-Year Cost Breakdown

$65,423Total cost for 5 years
CostValuePercent
Depreciation$29,94846%
Fuel$11,55018%
Interest$9,42014%
Insurance$9,19514%
Maintenance$5,3108%

Value rating

Chevrolet Colorado CarMatch Value Rating

A

This grade is our unbiased financial assessment of whether the Chevrolet Colorado is likely to be a good or poor automotive investment, based on its 5-year cost to own relative to its price. Learn more about our Value Ratings.

Depreciation

$29,94846% of 5-yr cost

Depreciation is the value the Chevrolet Colorado sheds over five years — almost always the single largest cost of ownership. Models that hold their value shrink this number dramatically.

Insurance Premiums

$9,19514% of 5-yr cost

Estimated full-coverage insurance premiums for the Chevrolet Colorado over five years. Your actual rate depends on driving record, location, and coverage level.

Maintenance & Repairs

$5,3108% of 5-yr cost

Routine service, wear items, and out-of-warranty repairs for the Chevrolet Colorado. EVs and simpler powertrains typically land at the low end here.

Loan Interest

$9,42014% of 5-yr cost

Finance charges on a typical 60-month loan for the Chevrolet Colorado at current average APRs. A larger down payment or shorter term reduces this.

Fuel Costs

$11,55018% of 5-yr cost

Estimated fuel or charging cost to drive the Chevrolet Colorado ~15,000 miles a year for five years, based on its powertrain and typical energy prices.