Image processing apparatuses and methods of processing color image data that perform overdrive are provided. The apparatuses include a restoration block that restores R-, G-, and B-element values of respective pixels of previous one of successive frames based on Y-element values of the respective pixels of the previous one of the successive frames and the color image data of a current one of the successive frames. The apparatus further includes a correction block that compares the R-, G-, and B-element values of the respective pixels of the previous one of the successive frames that the restoration block restored and R-, G-, and B-element values of corresponding pixels of the current one of the successive frames and generates the corrected color image data.