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 Colorado
2026 Chevrolet Colorado
Closest 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 Tacoma
2026 Toyota Tacoma
Closest 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$48,895Colorado by $5,396
Freight and fees, before tax$3,544✓ $3,083Tacoma by $461
Sales tax (HST)✓ $6,116$6,757Colorado by $641
Drive-away price✓ $53,158$58,735Colorado by $5,577
Running costs, 6 years
Fuel or charging$20,590✓ $18,749Tacoma by $1,841
Insurance (estimate)✓ $12,406$14,913Colorado by $2,507
Maintenance (estimate)✓ $8,043$9,896Colorado by $1,853
Loan rate6.5%6.5%—
Loan interest✓ $10,128$11,301Colorado by $1,173
Lost return on your money✓ $10,991$12,067Colorado by $1,076
Resale after 6 yrs−$23,051✓ −$34,785Tacoma by $11,734
Total
True cost$92,357✓ $90,967Tacoma by $1,390
True cost a month$1,283/mo✓ $1,263/moTacoma by $20
You pay each month✓ $1,381/mo$1,510/moColorado by $129
Practical
Fuel typeGasGas—
Seats55—
Carry-ons, 2 peopleOpen bedOpen bed—
Towing, lb3,500✓ 6,400—
Cargo behind row 2, litresNot publishedNot published—
Length5.40 m5.74 m—
Ground clearance20 cm——
Resale % after 6 yrs53%✓ 71%—
US crash test4★4★—
Price
Sticker (MSRP)
Colorado WT 4WD ✓ $43,499Tacoma 4X4 Double Cab $48,895Cheaper by Colorado by $5,396
Freight and fees, before tax
Colorado WT 4WD $3,544Tacoma 4X4 Double Cab ✓ $3,083Cheaper by Tacoma by $461
Sales tax (HST)
Colorado WT 4WD ✓ $6,116Tacoma 4X4 Double Cab $6,757Cheaper by Colorado by $641
Drive-away price
Colorado WT 4WD ✓ $53,158Tacoma 4X4 Double Cab $58,735Cheaper by Colorado by $5,577
Running costs, 6 years
Fuel or charging
Colorado WT 4WD $20,590Tacoma 4X4 Double Cab ✓ $18,749Cheaper by Tacoma by $1,841
Insurance (estimate)
Colorado WT 4WD ✓ $12,406Tacoma 4X4 Double Cab $14,913Cheaper by Colorado by $2,507
Maintenance (estimate)
Colorado WT 4WD ✓ $8,043Tacoma 4X4 Double Cab $9,896Cheaper by Colorado by $1,853
Loan rate
Colorado WT 4WD 6.5%Tacoma 4X4 Double Cab 6.5%Cheaper by —
Loan interest
Colorado WT 4WD ✓ $10,128Tacoma 4X4 Double Cab $11,301Cheaper by Colorado by $1,173
Lost return on your money
Colorado WT 4WD ✓ $10,991Tacoma 4X4 Double Cab $12,067Cheaper by Colorado by $1,076
Resale after 6 yrs
Colorado WT 4WD −$23,051Tacoma 4X4 Double Cab ✓ −$34,785Cheaper by Tacoma by $11,734
Total
True cost
Colorado WT 4WD $92,357Tacoma 4X4 Double Cab ✓ $90,967Cheaper by Tacoma by $1,390
True cost a month
Colorado WT 4WD $1,283/moTacoma 4X4 Double Cab ✓ $1,263/moCheaper by Tacoma by $20
You pay each month
Colorado WT 4WD ✓ $1,381/moTacoma 4X4 Double Cab $1,510/moCheaper by Colorado by $129
Practical
Fuel type
Colorado WT 4WD GasTacoma 4X4 Double Cab GasCheaper by —
Seats
Colorado WT 4WD 5Tacoma 4X4 Double Cab 5Cheaper by —
Carry-ons, 2 people
Colorado WT 4WD Open bedTacoma 4X4 Double Cab Open bedCheaper by —
Towing, lb
Colorado WT 4WD 3,500Tacoma 4X4 Double Cab ✓ 6,400Cheaper by —
Cargo behind row 2, litres
Colorado WT 4WD Not publishedTacoma 4X4 Double Cab Not publishedCheaper by —
Length
Colorado WT 4WD 5.40 mTacoma 4X4 Double Cab 5.74 mCheaper by —
Ground clearance
Colorado WT 4WD 20 cmTacoma 4X4 Double Cab —Cheaper by —
Resale % after 6 yrs
Colorado WT 4WD 53%Tacoma 4X4 Double Cab ✓ 71%Cheaper by —
US crash test
Colorado WT 4WD 4★Tacoma 4X4 Double Cab 4★Cheaper by —

✓ marks the better figure. Resale for both is from their own used prices (unless you lease). Their stickers differ by $5,396.