Chevy Colorado vs. Toyota Tacoma

When it comes to midsize trucks in Bloomington and Minnetonka, which one has just the right amount of power at the right price? If you’re wondering if the Chevy Colorado or Toyota Tacoma is the better choice for the way you drive, Suburban Chevrolet is here to compare both models in the areas most customers prioritize. Learn more about the difference between the 2023 Chevy Colorado and Toyota Tacoma, then take a look at our new Chevy Colorado inventory to see what we have to offer. 

2023 Chevy Colorado vs. Toyota Tacoma: Price & Trims

The first place many Hopkins shoppers begin in looking at the difference between the 2023 Chevy Colorado and Toyota Tacoma is price and trim levels. You’ll find that the price difference between the Chevy Colorado and Toyota Tacoma through the trim levels is competitive. By the top tier trim level, the Colorado is the more affordable option. Here are the prices for the each model’s trim levels: 

Chevy Colorado Trim Levels

• WT: $29,200 MSRP
• LT: $31,600 MSRP
• Trail Boss: $37,600 MSRP
• Z71: $39,900 MSRP
• ZR2: $46,800 MSRP

Toyota Tacoma Trim Levels

• SR: $27,750 MSRP
• SR5: $29,540 MSRP
• Trail Special Edition: $40,970 MSRP
• TRD Sport: $34,660 MSRP
• TRD Off-Road: $35,940 MSRP
• Limited: $40,505 MSRP
• TRD Pro: $47,185 MSRP

2023 Chevy Colorado vs. Toyota Tacoma: Performance Specs

The prices between the Chevy Colorado or Toyota Tacoma might look one way on paper, but what are you getting for your money? Take a closer look at the engine options available for each truck at each trim level, and you’ll find that the Chevy Colorado offers more power, including equal towing capacity or more:

Chevy Colorado Engine Options

2.7L Turbo 4-cylinder (WT & LT trims)

• 237 hp
• 260 lb-ft of torque
• 3,500-pound towing capacity
• 19 mpg city / 23 mpg highway

2.7L Turbo 4-cylinder (all other trims)

• 310 horsepower
• 430 lb-ft of torque
• 7,700-pound towing capacity
• 21 mpg city / 26 mpg highway

Toyota Tacoma Engine Options

2.7L DOHC 4-cylinder

• 159 hp
• 180 lb-ft of torque
• 3,500-pound towing capacity
• 18 mpg city / 22 mpg highway

3.5L V6 

• 278 hp
• 265 lb-ft of torque
• 6,400-pound towing capacity
• 18 mpg city / 22 mpg highway

Learn More About the 2023 Chevy Colorado at Suburban Chevrolet

We’re just getting started on whether you should choose the 2023 Chevy Colorado or Toyota Tacoma. If you’d like to keep learning about the Colorado, like how it compares to the Chevy Silverado 1500, visit our Chevy information hub. We’re always posting information about the latest Chevy models and features.