GMC Canyon Depreciation
Measured against live listings, a 5-year-old GMC Canyon lists at $28,350 — 42.4% below the $49,217 median price of a new one today, while a 3-year-old runs $37,957 (22.9% below new). Median odometer at that age: 69,043 miles.
By the CarWhere Research Team · Live US listing medians · Updated 2026-10-25
| Model year | Age | Median asking price | vs new today | Median miles | Listings |
|---|---|---|---|---|---|
| 2026 (new) | — | $49,217 | — | — | 8124 |
| 2025 | 1 yr | $41,995 | −14.7% | 13,484 | 479 |
| 2024 | 2 yrs | $39,515 | −19.7% | 24,493 | 996 |
| 2023 | 3 yrs | $37,957 | −22.9% | 36,516 | 627 |
| 2022 | 4 yrs | $29,949 | −39.1% | 50,808 | 707 |
| 2021 | 5 yrs | $28,350 | −42.4% | 69,043 | 521 |
| 2020 | 6 yrs | $25,432 | −48.3% | 78,139 | 254 |
| 2019 | 7 yrs | $23,499 | −52.3% | 90,761 | 367 |
| 2018 | 8 yrs | $21,500 | −56.3% | 99,294 | 322 |
Median asking prices from live US dealer listings (min 40 per point) vs the GMC Canyon's median new price today. Live market data, not book-value estimates. Updated 2026-10-25.
Buying a used GMC Canyon? Two checks before the price.
Benchmark the asking price against what buyers actually paid. Cross-shopping? Compare curves in the 182-model depreciation study.
FAQ
How much does a GMC Canyon depreciate?
Measured against live listings, a 5-year-old GMC Canyon lists at $28,350 — 42.4% below the $49,217 median price of a new one today, while a 3-year-old runs $37,957 (22.9% below new). Median odometer at that age: 69,043 miles. These are asking-price medians from live US dealer inventory (521 listings behind the 5-year figure), not book-value estimates.
What's the best age to buy a used GMC Canyon?
The steepest part of this curve is year 3 → 4, where it sheds another 16.2 points. Buying just after a steep drop means the previous owner paid it; the GMC Canyon's year-by-year table above shows exactly where the price settles.
Is a used GMC Canyon a good deal versus new?
A 3-year-old GMC Canyon saves about $11,260 versus new (22.9% below) with a median 36,516 miles on the clock. Whether that's the right trade depends on the model year — check the reliability record before the price.
Where does this data come from?
Median asking prices from live US dealer listings via licensed vehicle-data providers, aggregated per model year (minimum 40 listings per point) and compared with the GMC Canyon's median new price today (8124 new listings). Refreshed 2026-10-25. Republish with attribution to CarWhere (carwhere.com).