Edmunds Compares: 2024 Chevrolet Colorado vs. 2024 Toyota Tacoma

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The 2024 Chevrolet Colorado proves how transformative the midsize pickup truck market has suddenly become

Having undergone a complete redesign last year, the 2024 Chevrolet Colorado proves how transformative the midsize pickup truck market has become. In a segment where slow and steady changes used to be the norm, this generation of Colorado boasts dramatic new styling, a standard turbocharged four-cylinder engine, and the latest in technology features and driver assist systems.

It’s not the only new truck vying for the top position, however. The Toyota Tacoma is fully revamped for 2024. Even though the previous iteration was long overdue for a reboot, the Tacoma was a sales leader and enjoyed an enviable reputation for ruggedness. The 2024 model builds upon this foundation and improves key factors like refinement, fuel efficiency and cabin comfort. Edmunds’ experts put these trucks in a head-to-head comparison to see which is the smarter purchase.

With their recent redesigns, the Toyota and the Chevy jettisoned previously optional V6 engines in favor of turbocharged four-cylinders in different states of tune. In the Tacoma these number three, including a hybrid, while the Colorado’s powertrains are whittled to two. The Tacoma’s gas engines range from 228 horsepower to 278 horsepower, with the hybrid powertrain offering 326 horsepower. During testing of the midrange engine, Edmunds’ experts found it lively and paired well with the smooth-shifting automatic transmission.

Motivating the Colorado is a turbocharged four-cylinder that produces 237 horsepower, or 310 horsepower in high-output format. Edmunds found the Colorado’s turbo-four similarly responsive in daily driving. The Colorado returns an EPA-estimated 16-22