Used 2023 GMC Canyon for Sale nearPeterborough, ON

How much does the 2023 GMC Canyon cost?

Prices have softened 8.39% compared to this time last year, making it a favourable time to shop this model year.

There are 198 listings available, which suggests a modest amount of inventory for shoppers to compare.

Is the 2023 GMC Canyon a good car?

Yes — the 2023 GMC Canyon earns a 4.6/5 user rating and a 7.3/10 expert rating. The model scores 9/10 across Performance and Technology.

Owners consistently praise its luxurious interior, solid performance, ease of driving, and stylish design. That lines up with the Canyon’s premium positioning, especially if you want a midsize pickup that feels more upscale than the norm and suits buyers looking for a more premium take on the segment.

The trade-offs are clear: advanced safety features are not standard, and value for money is a concern. Even so, the market still shows 31.8% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2023 GMC Canyon reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction.

The owner feedback points to a truck that feels solid and dependable in daily use, with praise for its solid performance and ease of driving. That kind of feedback suggests you can count on it for regular ownership, especially if you value a refined driving experience.

The expert review also highlights a feeling of solidity rare in body-on-frame vehicles, which supports the impression of durable construction. For used buyers, the main long-term risk is paying a premium for a truck that may not deliver the same value as cheaper alternatives.

What should I look for when buying a used 2023 GMC Canyon?

Key things to evaluate:

• Trim level: The Denali brings the nicest interior, with laser-etched open pore wood trim, leather upholstery, brightwork, and 20-inch wheels, while the base Elevation is more straightforward. The AT4X stands out with available red-and-white upholstery, red dashboard trim, and a more dramatic cabin, and the AT4X Edition 1 adds a front safari bar, light bar, winch, and standard bed rail system.
• Powertrain: Every Canyon uses a 2.7-litre turbocharged four-cylinder with 310 horsepower and 430 lb-ft of torque, paired with an 8-speed automatic. In Canada, you get 4WD only, with a single-speed transfer case on the Elevation and a two-speed transfer case on all other models.
• Safety package: The standard Canyon Pro Safety Package includes automatic emergency braking with front pedestrian braking and cyclist detection, automatic high beams, a following distance indicator, lane-keep assist, lane-departure warning, and forward collision warning. Rear cross-traffic alert with automatic braking, blind-zone steering assist, and rear park assist are added with the Safety Plus Package on Elevation and AT4, while adaptive cruise control requires the Technology Package on those trims. Denali and AT4X get those features standard, along with a Safety Alert Seat.
• Infotainment: You get an 11.3-inch touchscreen with wireless Apple CarPlay and Android Auto, plus Google Built-In. Elevation and AT4 use an 8-inch digital instrument cluster, while Denali and AT4X get an 11-inch display, a 6.3-inch head-up display, wireless phone charging, and a Bose premium audio system.
• Fuel efficiency: The standard 4WD Canyon is rated at 12.4 L/100 km combined, 13.5 L/100 km city, and 11.0 L/100 km highway. The AT4X rises to 14.3 L/100 km combined, 14.3 L/100 km city, and 14.3 L/100 km highway.

Which 2023 GMC Canyon trim should I buy?

The 2023 GMC Canyon is offered in 4 trim levels: Elevation, Denali, AT4, and AT4X.

Here's the short version:

• Elevation: This is the entry point, but it still gives you the Canyon’s core strengths: the 11.3-inch touchscreen, wireless Apple CarPlay and Android Auto, Google Built-In, and the standard Pro Safety Package. It makes sense if you want the Canyon experience without stretching too far on price.
• Denali: This is the best-value trim if you want the most upscale feel. You get the nicest interior, the larger digital cluster, head-up display, wireless charging, Bose audio, and the full suite of safety tech standard.
• AT4: Choose this if you want the off-road look and capability without jumping all the way to the most expensive model. It keeps the Canyon’s premium tech while adding the more rugged character buyers expect from the AT4 name.
• AT4X: This is the most capable and most specialised version, with serious off-road hardware, the most dramatic interior, and the most complete equipment list. It suits you best if off-road ability matters more than value.

The Denali and AT4X are the trims where the safety package content is most complete, since they include the features that are optional on lower trims.

Is now a good time to buy a used 2023 GMC Canyon?

This is a moderate market for selective buyers, so it makes sense to compare listings carefully and move quickly on strong examples.

• Deal availability: 31.8% of listings are priced as good or great deals.
• Inventory: There are 198 listings available.
• Price trend: Prices have softened 8.39% compared with last year.

If you find a listing below $47,043 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 GMC Canyon's resale value?

The current average of $47,043 CAD sits slightly below last year's $51,351 CAD.

That softer pricing suggests the Canyon has become a little easier to buy used, which can also mean future sellers may need to be more competitive on asking price. If you own one, the current market trend points to a truck that is holding value reasonably well, but not aggressively appreciating.

Because the Canyon is positioned as a premium midsize pickup, trim and equipment matter a lot when it comes time to resell. Well-equipped examples should remain more appealing to shoppers than stripped-down trucks, especially if they present cleanly and have desirable features.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 GMC Canyon safe?

The standard Canyon Pro Safety Package includes automatic emergency braking with front pedestrian braking and cyclist detection, automatic high beams, a following distance indicator, lane-keep assist, lane-departure warning, and forward collision warning.

It earns a 6/10 safety score from our experts.

The key caveat is that advanced safety features are not standard across the lineup. On Elevation and AT4, you need extra packages to add rear cross-traffic alert with automatic braking, blind-zone steering assist, rear park assist, and adaptive cruise control, while Denali and AT4X include those features standard.

Should I buy a 2023 GMC Canyon or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 31.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.39% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.
• The 2023 redesign brings a more upscale feel, stronger tech, and a more premium positioning than before.

Consider the 2022 if:

• At $36,978 CAD, the 2022 costs less than the current year's $47,043 CAD average.
• It offers a broader trim range and a more budget-friendly package.

Consider the 2024 if:

• At $50,851 CAD, the 2024 costs more than the current year's $47,043 CAD average.
• It adds an AEV package that pushes the AT4X further with extra height, 35-inch tires, steel skid plates, and a full-size spare tire.

The bottom line: If you want the redesigned Canyon with strong tech and a more premium feel, the 2023 is the right starting point. If price matters most, the 2022 is the easier buy, while the 2024 makes sense if you want the most advanced off-road version.

How does the 2023 GMC Canyon compare to the 2023 Chevrolet Colorado?

Expert Pros & Cons (per CarGurus review team)

2023 GMC Canyon:

• Pros: Powerful engine, Comfortable, Impressive technology.
• Cons: Advanced safety features are not standard, Poor value for money, Fewer available configurations than before.

2023 Chevrolet Colorado:

• Pros: Stylish design, Impressive off-roading capability, Impressive technology.
• Cons: Aggravating forward collision warning system, Poor fuel economy, Interior materials feel cheap.

Our experts score the 2023 GMC Canyon 7.3/10 and the 2023 Chevrolet Colorado 6.5/10. The Canyon is the more premium-feeling truck, with a stronger engine and a more comfortable cabin. The Colorado leans more toward style and off-road capability, but its drawbacks include poorer fuel economy and cheaper-feeling interior materials.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.