The invention discloses a paint remover for color-coated steel plates and a using method thereof. The paint remover comprises the following compositions in percentage by mass: 60 to 89 percent of alcamines compound, 10 to 35 percent of phenolic compound and 1 to 8 percent of corrosion inhibitor. The alcamines compound is one or a mixture of more of ethanolamine, diethanol amine, triethanolamine and isopropanolamine; the phenolic compound is one or a mixture of phenol and cresol; and the corrosion inhibitor is alcohol or carbohydrate, and is one or a mixture of more of sorbitol, xylitol, mannite, sucrose, glucose, maltose or dextrin. When the paint remover is used, the prepared paint remover is heated to a boiling state. Compared with the prior paint removers, the paint remover has good paint removal effect, is suitable for removing epoxy, polyester, high-performance polyester, silicon-modified polyester and polyurethane coatings, has high paint removal efficiency, shortens the paint removal time to about 60 seconds from the prior 2,400 seconds, and has slight corrosion to a substrate and the corrosion rate less than 0.2 percent.