Used GMC Canyon for Sale nearThompson, MB

How much does the GMC Canyon cost in today's market?

Used GMC Canyon prices span a wide range depending on model year. Here's what the market looks like right now:

The GMC Canyon's current nationwide average price is $41,534 CAD, and its lowest point over the past year was $38,112 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the GMC Canyon a good car?

Yes — the GMC Canyon is a strong choice if you want a midsize pickup with a more polished feel, useful capability, and a well-equipped cabin. The all-generations owner rating is 4.29/5 across every model year in the data.

Owners consistently praise its stylish design, comfortable interiors, and strong performance. They also highlight its smooth handling, upscale features, and good towing ability, which help it work well as both a daily driver and a weekend truck.

Expert reviews rate the 2023 and 2021 models among the highest across all years.

The main trade-offs are price, fuel economy, and rear-seat space, especially in the more premium and off-road-focused versions. Some recent expert reviews also point to a cramped back seat and value that can feel stretched relative to the segment.

26.9% of listings are priced as good or great deals.

Are GMC Canyon models reliable?

Owners and experts consistently praise the Canyon for its comfortable ride, stylish cabin, and strong overall performance. Across the model years, it also earns positive feedback for its upscale feel and easy driving character.

• Owners rate the GMC Canyon between 3.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is most worth watching on older examples with higher mileage or more complex equipment, so a careful inspection and service-history review matter.

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

Key things to evaluate:

• Fuel efficiency: Our AT4X’s Natural Resources Canada-rated 14 litres per 100 kilometres combined is on par with a full-size GMC Sierra with 4WD and a V8 engine. We observed 14.3 L/100 km on our mountainous test loop during light rain.
• Infotainment: GMC equips the Canyon with a standard 11-inch digital driver display and an 11.3-inch touchscreen infotainment system with Google built-in technology, plus wireless Apple CarPlay and Android Auto.

Which GMC Canyon trim should I buy?

The 2026 GMC Canyon offers these trims:

• Elevation: The entry trim gives you the Canyon’s turbocharged 2.7-litre engine, eight-speed automatic, standard 4WD in Canada, and the standard digital display and Google built-in infotainment. It suits you if you want the core Canyon experience with the broadest value focus.
• AT4: This trim adds a more off-road-oriented setup with the lifted suspension, mud-terrain or all-terrain tyres, and the tougher trail-ready character that suits buyers who want capability without moving to the top model.
• Denali: The Denali brings the more upscale cabin treatment, richer materials, and the premium look that fits buyers who want the Canyon’s luxury-leaning personality.
• AT4X: The AT4X is the most capable and most expensive version, adding Multimatic DSSV dampers, 27.2 centimetres of ground clearance, mud-terrain tyres, electronic locking front and rear differentials, hill descent control, and available beadlock-capable wheels. It is the best fit if you want the most serious off-road hardware and the most distinctive Canyon character.

What GMC Canyon do most buyers choose?

The GMC Canyon years with the most listings are 2023, 2024, and 2025.

These higher-volume years tend to be the most popular because they give you the widest selection of trims and prices. They also sit close to the newest redesign, so you can shop for modern features while still having enough inventory to compare options.

What is the GMC Canyon's resale value?

Most Canyon model years are down year over year, which is good news if you are shopping used and want prices that have softened. The largest drops are concentrated in older and mid-cycle years, while the newest models are falling more gradually. A few recent years are holding value better than the rest, but the overall pattern still favours used buyers.

The 2023, 2020, and 2024 model years have held their value best, with the smallest year-over-year price changes.

Is the GMC Canyon safe?

• 2026: 4/10
• 2024: 7/10
• 2023: 6/10
• 2022: 4/10
• 2021: 8/10

Every 2026 Canyon comes with a suite of safety and driver assistance features that includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane departure warning, lane keep assist, blind spot monitors with trailer coverage, rear cross-traffic alert with rear automatic braking, rear parking sensors, and automatic high-beam headlights.

For the safest used buy, the 2021 model posts the highest confirmed score of 8/10.

Should I buy a used GMC Canyon now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −6.72% versus a year ago, and the 2024 model is at −6.05%.
• Deal availability: The 2025 model has 27.6% good and great deals, and the 2024 model has 31.7%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $48,542 CAD. The GMC Canyon offers a refined cabin and a premium-leaning character that make it feel more upscale than many midsize pickups.

Consider waiting if:

• Powertrain/efficiency: GMC equips the Canyon with a capable turbocharged 2.7-litre four-cylinder engine generating 310 horsepower and 430 pound-feet of torque, and our AT4X’s Natural Resources Canada-rated 14 litres per 100 kilometres combined is on par with a full-size GMC Sierra with 4WD and a V8 engine.
• Tech: GMC equips the Canyon with a standard 11-inch digital driver display and an 11.3-inch touchscreen infotainment system with Google built-in technology, plus wireless Apple CarPlay and Android Auto.
• Safety: Every 2026 Canyon comes with a suite of safety and driver assistance features that includes forward collision warning with pedestrian and cyclist detection, automatic emergency braking, lane departure warning, lane keep assist, blind spot monitors with trailer coverage, rear cross-traffic alert with rear automatic braking, rear parking sensors, and automatic high-beam headlights.
• Starting price: The 2026 Canyon has a lofty starting price of $55,243 CAD.

If you're buying used today, the 2023 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.