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2016 Chevrolet Colorado Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Chevrolet Colorado price report below does not include rebates or incentives.
View Chevrolet Rebates and Incentives
2016 Colorado 4X2 Base Extended Cab - 6 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
MSRP
$20,100
Invoice Price
$20,000
Destination Fee
$895
Holdback
$603
Dealer Cost
$20,292
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2016 Colorado 4X2 WT Extended Cab - 6 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$22,435
Invoice Price
$21,538
Destination Fee
$895
Holdback
$673
Dealer Cost
$21,760
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2016 Colorado 4X2 WT Crew Cab - 5 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$24,990
Invoice Price
$23,740
Destination Fee
$895
Holdback
$750
Dealer Cost
$23,885
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2016 Colorado 4X2 LT Extended Cab - 6 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$25,980
Invoice Price
$24,681
Destination Fee
$895
Holdback
$779
Dealer Cost
$24,797
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2016 Colorado 4X2 WT Crew Cab - 6 foot box w/140.5 in. WB 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$26,510
Invoice Price
$25,184
Destination Fee
$895
Holdback
$795
Dealer Cost
$25,284
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2016 Colorado 4X2 LT Crew Cab - 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$27,920
Invoice Price
$26,524
Destination Fee
$895
Holdback
$838
Dealer Cost
$26,581
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2016 Colorado 4X2 Z71 Extended Cab - 6 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$28,515
Invoice Price
$27,089
Destination Fee
$895
Holdback
$855
Dealer Cost
$27,129
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2016 Colorado 4X2 LT Crew Cab - 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$29,440
Invoice Price
$27,968
Destination Fee
$895
Holdback
$883
Dealer Cost
$27,980
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2016 Colorado 4X2 Z71 Crew Cab - 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$30,435
Invoice Price
$28,913
Destination Fee
$895
Holdback
$913
Dealer Cost
$28,895
Find the Best Price
2016 Colorado 4X2 Z71 Crew Cab - 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$31,670
Invoice Price
$30,086
Destination Fee
$895
Holdback
$950
Dealer Cost
$30,031
Find the Best Price
Price Tip:
To avoid overpaying on a new Chevrolet Colorado, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Chevrolet Price Guides:

How to Calculate The Dealer Cost of a Chevrolet Colorado

Formula for Calculating Dealer Cost:

  • Example: Base Chevrolet Colorado invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here)

Note: All Chevrolet Colorado Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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