The base 2015 Colorado, to be launched this fall as an all-new model following a two-year hiatus, will carry a sticker of $20,995, including $895 for shipping, according to partial pricing information released by GM today.
That base extended-cab model comes with a 2.5-liter, four-cylinder engine that produces 200 horsepower, and a 5-foot bed, manual transmission and a rearview camera. It's about $9,700 less than the closest comparable Silverado before options, a double cab work truck with a 4.3-liter V-6.
The base Colorado -- which is available in extended and crew cabs -- is $5,575 less than the cheapest Silverado available, a regular-cab work truck with the 4.3-liter V-6 engine.
The pricing spread between the GMC Canyon and the full-sized Sierra is similar, based on the examples GM provided in a statement.
A 3.6-liter V-6, rated at 305 horsepower and 269 pounds-feet of torque, comes standard on four-wheel-drive crew cab Colorado and Canyon models and on two-wheel-drive crew cabs with the longer 6-foot bed. To add as an option, the V-6 is $935, Chevy spokesman Tom Wilkinson said.
The Colorado's base price also undercuts the segment-leading Toyota Tacoma, the 2014 model of which has a sticker of $21,500, including shipping.