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medium DemandBest to sell: Within the next 12 to 18 months, before the truck ages into a higher-mileage resale bracket

2022 Chevrolet sms:+16502469739&body=Hey Sidekick

Value analysis and depreciation guide

Current Value
$15,500
Private party sale
Original MSRP
$27,000
When new
Depreciation
14.0%
Total value lost

Total Depreciation

14.0%

This vehicle holds its value well compared to average.

Projected Future Values

$14,500
1 Year
$12,500
3 Years
$11,000
5 Years

Common Issues to Know

  • Mileage accumulation
  • Interior wear and tear
  • Accident or title history
  • Trim and drivetrain desirability
  • Maintenance neglect

Note: the provided vehicle string was corrupted, so this analysis uses the identifiable 2022 Chevrolet Colorado as the closest match. Current resale data for the 2022 Colorado is about $16,600, while Edmunds estimates a 2026 value near $14,549 and a 2027 value near $13,471.

Value summary. The 2022 Chevrolet Colorado’s current estimated market value sits around $15,500, with a reasonable range of roughly $14,549 to $16,600 based on major valuation sources. Using a base MSRP estimate of about $27,000 for a typical 2022 Colorado configuration, that implies total depreciation of roughly $11,500, or about 42% from new. On a straight annualized basis, that works out to an average depreciation rate of about 14% per year, though the first two years are usually faster than the later years.

Depreciation curve analysis

The Colorado’s depreciation curve shows the steepest drop early in ownership, then a slower decline as the truck ages. Edmunds’ five-year curve shows the vehicle moving from $18,305 in 2023 to $16,964 in 2024, $15,848 in 2025, $14,549 in 2026, and $13,471 in 2027, indicating a gradual but persistent decline after the initial drop. Kelley Blue Book data shows the 2022 Colorado has already lost about $9,970, or 37%, in three years, leaving a current resale value of $16,600.

That depreciation pattern is broadly in line with Chevrolet’s brand-wide curve. CarEdge lists Chevrolet’s 2022 model-year depreciation at 36.2%, with a residual value of 63.8%, which places the brand in a “better” value-retention tier versus many mainstream nameplates. In practical terms, the Colorado is not a standout resale leader like the strongest midsize trucks, but it also does not fall into the weakest depreciation group.

The steepest value loss generally occurs in the first 12 to 24 months, when new-vehicle pricing, incentives, and dealer markdowns reset market expectations. After that, depreciation tends to flatten, and the 2022 Colorado’s curve reflects that typical pattern: a larger early decline followed by smaller annual losses of roughly $1,000 to $1,400 in Edmunds’ forecast.

Value retention factors

The Colorado’s value retention is helped by pickup-truck demand, broad utility, and the fact that midsize trucks usually appeal to both personal and work buyers. Chevrolet’s overall depreciation profile is reasonably solid, which supports the Colorado’s resale performance compared with many sedans and crossovers.

Value is reduced by the truck’s position in a competitive segment that includes strong resale performers. The Colorado is useful and popular, but it competes against models with stronger reputations for long-term durability and resale stability. That competition makes condition, trim, drivetrain, and mileage especially important.

Mileage impact is significant: lower-mileage examples typically command a premium because used-truck buyers pay for remaining life and lower wear. A Colorado with average annual mileage, clean history, and no accident record will usually hold value noticeably better than a high-mileage example with cosmetic wear or deferred maintenance. Condition matters just as much, because trucks with worn interiors, tires, brakes, or evidence of hard use can lose thousands relative to cleaner comparables.

Market demand also matters. Fuel prices, interest rates, and regional truck demand can push values up or down. In periods of tighter used inventory, the Colorado benefits from strong truck demand; when supply normalizes, depreciation can accelerate again.

Future value projections

Near-term projections suggest the 2022 Colorado should continue losing value at a moderate pace rather than dropping sharply. A reasonable 1-year projection is around $14,500, which aligns closely with Edmunds’ 2026 estimate. A 3-year projection is roughly $12,500, assuming depreciation continues to slow but does not stop. A 5-year projection is around $10,500 to $11,500, depending on trim, mileage, and condition.

The best time to sell is usually before the next major age milestone, especially before the vehicle crosses the 4- to 5-year mark, when depreciation is still active but the truck has not yet entered the steepest high-mileage age band. For a 2022 Colorado, that means the window between now and the next 12 to 18 months is likely the most favorable balance between remaining value and ownership cost.

Comparison to competitors

Against the Chevrolet brand average, the Colorado is roughly in line with Chevrolet’s 36.2% depreciation benchmark for 2022 vehicles. That means it is not underperforming badly, but it is also not delivering exceptional value retention. Compared with the strongest midsize truck competitors, the Colorado generally trails the segment leaders in resale strength, especially when mileage rises or the trim is less sought after.

If value retention is the top priority, the best alternatives are usually the most resale-resistant trucks in the segment, especially well-equipped trims with strong buyer demand and proven reliability reputations. A buyer focused purely on depreciation should prioritize low-mileage, accident-free examples, and should compare the Colorado against the segment’s resale leaders before buying.

Bottom line: the 2022 Chevrolet Colorado has a fair but not exceptional depreciation profile. It retains value better than many mainstream vehicles, but buyers looking to minimize long-term depreciation should shop carefully, choose desirable trims, and sell before mileage and age push the truck into a weaker resale bracket.

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Last updated: 8/21/2026