2021 Chevrolet Colorado 4WD Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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The Chevrolet Colorado has been in production since 2003. The 2021 version of the Colorado is a mid-sized truck with a number of different body styles, trim levels and powertrain options. This pickup truck is a versatile and practical vehicle. It makes a great work truck with its impressive towing and hauling capabilities. It also offers a comfortable ride with plenty of modern amenities.
What’s New for 2021?
The 2021 model of the Chevrolet Colorado is part of the second generation for this vehicle. New for this year is a redesigned front end. The rear also gets a cosmetic change with the Chevrolet logo added to the tailgate. The available trim levels have been streamlined for 2021. The previous base model has been discontinued.
Body Styles and Configurations
The 2021 Chevrolet Colorado comes in a wide array of body styles and configurations. There is an Extended Cab and a Crew Cab. The Extended Cab offers a backseat area and small, half-sized doors for access. The Crew Cab has more room for rear passengers and two full-sized doors for even easier access.
The truck beds come in two different lengths. There's a Short Box that measures in at 61.7 inches. If you need more cargo space, the Long Box offers a length of 74 inches. The width is around 57.8 inches in both versions. Most trim levels are available in 2X4 and 4X4 configurations.
Chevrolet gives you three engine choices for the 2021 Colorado. There's a 2.5-liter 4-cylinder that produces 200 horsepower and 191 pound-feet of torque. There is also a 3.6-liter V6 that can crank out an impressive 308 horsepower with 275 pound-feet of torque. This option gives the Colorado higher towing and payload capacities.
Chevrolet also offers a diesel engine for the 2021 Colorado. The 2.8-liter Duramax Turbo-Diesel is a 4-cylinder that makes 181 horsepower. It has a massive 369 pound-feet of torque to tackle the toughest jobs.
Available Trim Levels
The WT is your basic model that is well suited as a work truck or fleet vehicle. It's fine as basic transportation too. It comes in a variety of body styles and configurations. It can be purchased with a 2.5-liter engine or a big 3.6-liter V6 if you need the power. It comes with a basic interior, manual seats, power locks and power windows. There's a simple audio system and a good amount of standard safety equipment like 6 airbags and Electronic Traction Control.
The LT trim comes stock with the big V6 engine. This trim level also gets the option for the Turbo-Diesel. On the outside, it gets Chevrolet's EZ-Lift and Lower Tailgate. On the inside, there's an upgraded infotainment system with a 4G LTE Wi-Fi hotspot. The audio system is the same, but there are more connectivity options and controls mounted on the steering wheel. The driver's seat gets upgraded to a model with 6-way power adjustments. Most of the safety features are the same as the WT, but there are a few more options such as Forward Collision Alert.
The Z71 trim level comes with several features for better off-road performance. There's an automatic locking rear differential. It's also equipped with the Chevy Off-Road Suspension Package. This includes Hill Descent Control and an under-body shield for the transfer case. On the inside, drivers now get a 4.2-inch screen for the Driver Information Center. Automatic Climate Control is added on for this trim. It also comes with an upgraded Chevrolet Infotainment 3 Plus System. This system features an 8-inch touchscreen display.
The ZR2 trim comes with even more enhancements for off-road fun. This includes an Autotrac 2-speed transfer case. The front and rear differentials can be locked by the driver. The ZR2 also has off-road rocker protection and an even better suspension system than the previous trims. The exterior has some off-road appointments like a special front fascia, rear bumper and fender flares. This model comes with a trailering package and a trailer brake controller. On the inside, lumbar support is added to the front seats. The seat upholstery also gets some leather trim for the ZR2.
The Chevrolet Colorado offers one of the smoothest rides in its class. The suspension system does a good job of mitigating any bumps in the road. The seats are supportive and comfortable. An excellent climate-control system and other convenience features keep you nice and comfortable.
Steering and handling are also great in the Colorado. Acceleration is fine with any engine. Steering is tight and accurate. Braking is smooth yet powerful. The turning radius is excellent for a pickup truck.
The 2.5-liter base engine has a combined fuel-economy rating of 22 miles-per-gallon (MPG) in a 2X4 truck. It only loses around 1 MPG when you select a 4X4 model. With the V6 engine, you should see around 21 MPG with a 2X4 truck and 19 MPG in a 4X4 model. There may be slight variations in gas mileage with different bed lengths and body configurations.
If you're in the market for a new mid-sized truck, the 2021 Chevrolet Colorado is worth some serious consideration. This pickup truck can do it all, and it does so with style. It's an attractive truck that is perfect as a daily driver. It's also a solid work truck with impressive capabilities.
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 - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Chevrolet Colorado MSRP, invoice and dealer cost dollar figures 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.