2024 Chevrolet Colorado: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Chevrolet Colorado costs $44,687 to own over 5 years, or $745/month. The biggest expenses are depreciation ($15,310) and insurance ($10,740).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$44,687
$745/month • $1/mile
Cost Breakdown
Depreciation$15,310 (34%)
Insurance$10,740 (24%)
Fuel/Energy$10,043 (22%)
Maintenance$2,860 (6%)
Financing$5,375 (12%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,741 | $2,148 | $2,009 | $572 | $10,470 |
| Year 2 | $2,392 | $2,148 | $2,009 | $572 | $7,121 |
| Year 3 | $2,392 | $2,148 | $2,009 | $572 | $7,121 |
| Year 4 | $2,392 | $2,148 | $2,009 | $572 | $7,121 |
| Year 5 | $2,392 | $2,148 | $2,009 | $572 | $7,121 |
Key Facts
1-Year Depreciation
18% ($5,741)
5-Year Depreciation
48% ($15,310)
Annual Repair Cost
$742
Annual Maintenance
$572
These are estimates based on state averages. Your exact rate depends on your specific profile.
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