A 2021 GMC Canyon still asks 63% of what a 2026 one does — that's how much value it holds after 5 years. Among 19 pickups we price, that ranks #7, above the 59% class median. The steepest single-year drop comes at year 6 (−30.8%), after which losses ease to about 12.9% a year. Mileage costs it 47%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 201 listings.
GMC Canyon value by year
The newest Canyon at under half the 2022 price is the 2012, with a median asking price of $6,900 (29% of it).
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $33,900 | $51,565 | 3 | |
| 2025 | $29,850 | $39,500 | 4 | |
| 2024 | $22,900 | $51,995 | 6 | |
| 2023 | $28,000 | $52,442 | 8 | |
| 2022 | $21,950 | $32,950 | 12 | |
| 2021 | $19,500 | $32,995 | 6 | |
| 2020 | $17,900 | $28,988 | 6 | |
| 2019 | $17,900 | $28,995 | 13 | |
| 2018 | $16,951 | $26,308 | 21 | |
| 2017 | $14,995 | $26,284 | 8 | |
| 2016 | $14,900 | $22,500 | 21 | |
| 2015 | $11,500 | $17,999 | 12 | |
| 2012 | $2,750 | $14,995 | 5 | |
| 2011 | $2,900 | $15,995 | 5 | |
| 2010 | $6,500 | $16,995 | 12 | |
| 2009 | $1,990 | $14,000 | 7 | |
| 2008 | $3,200 | $9,800 | 3 | |
| 2007 | $1,000 | $14,000 | 19 | |
| 2006 | $3,500 | $10,500 | 4 | |
| 2005 | $2,500 | $7,700 | 23 | |
| 2004 | $3,000 | $5,500 | 3 |
How the GMC Canyon depreciates
The newest GMC Canyon has a median asking price of $44,995; a 22-year-older one runs about $3,995 — roughly 91% lost over 22 years (compare the typical depreciation curve by age).
Does the GMC Canyon hold value better than its rivals?
Over the same 5 years the Toyota Tacoma keeps 70% and the Chevrolet Colorado 45%, against 63% for the Canyon. The Canyon holds value better than the Chevrolet Colorado, but not the Toyota Tacoma.
The GMC Canyon market right now
Adjust your GMC Canyon value for mileage
Crossing 100k miles costs a GMC Canyon about 47% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2022 GMC Canyon: a dealer trade-in offer is around $21,950, selling private-party nets about $23,999, and a lot asks near $32,950 — a $11,000 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Canyon costs a median 17% more from a dealer than from a private seller, across the 3 recent model years with enough of both. Title, state and mileage effects are on the GMC Canyon price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2022 | $28,000 (6) | $24,995 (33) | −11% |
| 2021 | $23,515 (6) | $27,478 (26) | +17% |
| 2019 | $17,750 (6) | $22,036 (26) | +24% |
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GMC Canyon value FAQ
How much is a GMC Canyon worth?
It depends mostly on the model year: in our listings the median asking price runs from $3,800 to $44,995 across 21 model years. A 2022 is worth about $23,999, the median of 12 listings.
How much does mileage cut a GMC Canyon's value?
Among Canyons from the last eight model years, those with under 40,000 miles ask a median $37,495, and those with over 150,000 miles ask $14,900; crossing 100,000 miles alone costs about 47%.
Which GMC Canyon year is the best value?
The newest Canyon at under half the 2022 price is the 2012, with a median asking price of $6,900 (29% of it).
Is a GMC Canyon cheaper from a dealer or a private seller?
Usually from a private seller: for the same model year, dealers ask a median 17% more, across 3 recent model years in our listings.
Does the Canyon hold value better than the Toyota Tacoma?
No: over 5 years the Canyon keeps 63% of its value and the Toyota Tacoma 70%, by the median asking prices of the 2026 and 2021 model years.
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