Chevrolet Colorado vs Toyota Tacoma: cost to own
Verdict, over 6 years
The Toyota Tacoma costs about $1,389 less
That's $19 a month. Closest matching trims: same fuel and drive where possible.Colorado WT 4WD$1,283/moTrue cost
Tacoma 4X4 Double Cab✓ $1,263/moTrue cost
2026 Chevrolet ColoradoClosest matching trim: Colorado WT 4WD
Sticker (MSRP)$43,499
+$9,659→↓Freight, fees, HST
Drive away$53,158
+ running costs→↓− $23,051 resale
True cost$1,283/moA month to own, after resale
2026 Toyota TacomaClosest matching trim: Tacoma 4X4 Double Cab
Sticker (MSRP)$48,895
+$9,840→↓Freight, fees, HST
Drive away$58,735
+ running costs→↓− $34,785 resale
True cost$1,263/moA month to own, after resale
Line by line
| Price | |||
| Sticker (MSRP) | ✓ $43,499 | $48,895 | Colorado by $5,396 |
| Freight and fees, before tax | $3,544 | ✓ $3,083 | Tacoma by $461 |
| Sales tax (HST) | ✓ $6,116 | $6,757 | Colorado by $641 |
| Drive-away price | ✓ $53,158 | $58,735 | Colorado by $5,577 |
| Running costs, 6 years | |||
| Fuel or charging | $20,590 | ✓ $18,749 | Tacoma by $1,841 |
| Insurance (estimate) | ✓ $12,406 | $14,913 | Colorado by $2,507 |
| Maintenance (estimate) | ✓ $8,043 | $9,896 | Colorado by $1,853 |
| Loan rate | 6.5% | 6.5% | — |
| Loan interest | ✓ $10,128 | $11,301 | Colorado by $1,173 |
| Lost return on your money | ✓ $10,991 | $12,067 | Colorado by $1,076 |
| Resale after 6 yrs | −$23,051 | ✓ −$34,785 | Tacoma by $11,734 |
| Total | |||
| True cost | $92,357 | ✓ $90,967 | Tacoma by $1,390 |
| True cost a month | $1,283/mo | ✓ $1,263/mo | Tacoma by $20 |
| You pay each month | ✓ $1,381/mo | $1,510/mo | Colorado by $129 |
| Practical | |||
| Fuel type | Gas | Gas | — |
| Seats | 5 | 5 | — |
| Carry-ons, 2 people | Open bed | Open bed | — |
| Towing, lb | 3,500 | ✓ 6,400 | — |
| Cargo behind row 2, litres | Not published | Not published | — |
| Length | 5.40 m | 5.74 m | — |
| Ground clearance | 20 cm | — | — |
| Resale % after 6 yrs | 53% | ✓ 71% | — |
| US crash test | 4★ | 4★ | — |
Price
Sticker (MSRP)
Freight and fees, before tax
Sales tax (HST)
Drive-away price
Running costs, 6 years
Fuel or charging
Insurance (estimate)
Maintenance (estimate)
Loan rate
Loan interest
Lost return on your money
Resale after 6 yrs
Total
True cost
True cost a month
You pay each month
Practical
Fuel type
Seats
Carry-ons, 2 people
Towing, lb
Cargo behind row 2, litres
Length
Ground clearance
Resale % after 6 yrs
US crash test
✓ marks the better figure. Resale for both is from their own used prices (unless you lease). Their stickers differ by $5,396.