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GMC Canyon depreciation: value by age

Value kept after 3 years

81%

  • Loses 19% in 3 years.
  • 2023 Elevation Crew Cab 4WD. New: $41,695. Now: $33,700.
  • Median truck at 3 years: 69% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrCanyontruck median
Share of original MSRP kept, by age. Blue: median of 9 to 20 trucks per age.
GMC Canyon value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
202422WD Crew Cab Elevation$41,195$34,100KBB fair price83%$7,095$3,548
20233Elevation Crew Cab 4WD$41,695$33,700KBB fair price81%$7,995$2,665
20224Elevation Standard Extended Cab RWD$28,995$22,400KBB typical listing77%$6,595$1,649
20215Elevation Standard Extended Cab RWD$27,995$21,100KBB typical listing75%$6,895$1,379
202062WD Ext Cab 128" SL$23,395$14,800KBB typical listing63%$8,595$1,433
201972WD Ext Cab 128.3" SL$23,295$13,550KBB typical listing58%$9,745$1,392
201882WD Ext Cab 128.3" SL$22,095$12,050KBB typical listing55%$10,045$1,256
201792WD Ext Cab 128.3" SL$21,880$11,300KBB typical listing52%$10,580$1,176
2016102WD Ext Cab 128.3" SL$20,940 MSRP only$11,100KBB typical listing53%$9,840$984
2015112WD Ext Cab 128.3" SL$21,880$10,700KBB typical listing49%$11,180$1,016
2012142WD Reg Cab Work Truck$19,315$6,700KBB fair price35%$12,615$901
2011152WD Reg Cab 111.2" Work Truck$18,920$6,575KBB fair price35%$12,345$823
2010162WD Reg Cab 111.2" Work Truck$18,950$6,150KBB fair price32%$12,800$800
2009172WD Reg Cab 111.2" Work Truck$18,655$6,050KBB fair price32%$12,605$741
Biggest drop
New to age 2: $3,548 a year.
Values as of
October 2026

KBB resale value by year

GMC Canyon: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$33,431$34,404$32,800$30,072$27,833
2023$41,292$33,917$31,807$31,500$29,160$27,248
2022$25,999$20,778$22,125$20,100$18,411$16,950
2021$24,689$22,059$18,309$18,900$15,454$12,873
2020$18,866$17,642$16,892$13,100N/AN/A
2019$16,626$15,321$14,686$12,250N/AN/A
2018$14,828$13,437$12,846$10,300N/AN/A
2017$12,937$11,912$11,320$9,725N/AN/A
2016$11,958$11,100$10,783$9,975N/AN/A
2015$11,605$10,689$10,398$9,325N/AN/A
2012$5,921$5,636$5,511$5,925N/AN/A
2011$5,516$5,239$5,144$5,775N/AN/A
2010$5,374$5,122$4,942$5,400N/AN/A
2009$5,073$4,822$4,653$5,375N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked