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Is Chevrolet Giving the 2021 Colorado a Price Increase?

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Five years on the market and the Chevrolet Colorado is finally getting its much-deserved facelift for the 2021 model year along with its corporate cousin, the GMC Canyon. But with the introduction of a few design and styling changes, there will also be a price increase on the model.

According to an article published by Cars Direct, Chevrolet has confirmed that the 2021 Colorado will be getting a price bump as well as a few changes in the lineup. The automaker, however, said it’s not necessarily a bad thing.

For the coming model year, the Chevy Colorado will be saying goodbye to its current base trim due to slow sales. This puts the new entry-level trim at a base price of $26,395, a $4,000 increase from the outgoing $22,395 base model.

Photo of Chevrolet Colorado outdoors from Chevrolet.com
After five years, the Chevrolet Colorado is finally getting a facelift for the 2021 model year. | Source: Chevrolet

Simply put, the Base Extended Cab will no longer be offered, making the Extended Work Truck the most affordable trim in the Colorado lineup.

But examined closely, the new pricing only gives the Work Truck a $500 increase and that already includes the $100 destination fee.

As for other trim levels, the Colorado LT Crew Cab gets a $100 increase, while the rest will also get around a $500 boost.

Based on this new price list, only the starting MSRP will increase by $4,000, but only because customers will now be offered a better trim. The price is also inclusive of features and accessories that were otherwise not included in the outgoing base trim.

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