Best Used Value: 2016 GMC Canyon

Best Used Value
2016
GMC Canyon

GMC Canyon Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2018 $31,779 $31,779 $222 $0 0.00% 100.00% 100% 12 0
2017 $35,465 $26,268 $288 $5,511 17.34% 74.88% 91.67% 11 16.79
2016 $31,096 $19,887 $443 $6,381 24.29% 65.38% 83.33% 10 17.95
2015 $29,611 $17,764 $598 $2,123 10.68% 62.01% 75% 9 12.99
2012 $24,068 $13,318 $975 $4,446 25.03% 59.39% 50% 6 -9.39
2011 $23,034 $12,994 $1,108 $324 2.43% 56.42% 41.67% 5 -14.75
2010 $22,868 $12,089 $1,241 $905 6.96% 52.87% 33.33% 4 -19.54
2009 $21,330 $9,900 $1,374 $2,189 18.11% 46.42% 25% 3 -21.42
2008 $19,463 $8,523 $1,418 $1,377 13.91% 43.80% 16.67% 2 -27.13
2007 $18,503 $8,161 $1,684 $362 4.25% 44.11% 8.33% 1 -35.78
2006 $18,389 $7,485 $1,773 $676 8.28% 40.71% 0% 0 -40.71
Year Price % Paid % Left NUV ®
2018 $31,779 100.00% 100% 0
2017 $26,268 74.88% 91.67% 16.79
2016 $19,887 65.38% 83.33% 17.95
2015 $17,764 62.01% 75% 12.99
2012 $13,318 59.39% 50% -9.39
2011 $12,994 56.42% 41.67% -14.75
2010 $12,089 52.87% 33.33% -19.54
2009 $9,900 46.42% 25% -21.42
2008 $8,523 43.80% 16.67% -27.13
2007 $8,161 44.11% 8.33% -35.78
2006 $7,485 40.71% 0% -40.71

Used GMC Canyons For Sale

2016 GMC Canyon SLT Crew Cab 4WD Short Box Used 3.6L V6 24V Automat...
$28,995
Canyon EXT CAB 2015 GMC CANYON 0 CARDINAL RED TRUCK 6-SPEED AUTOMATIC
$8,795

About The Numbers

The depreciation figures above are based on aggregate pricing & sales data from a number of online and offline resources.

Here is a quick breakdown of each column:
  • Year - The vehicle model year.
  • New Price - The average price paid of that model year spanning all trim levels.
  • Current Price - The average price of a used model of that year.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model year(s) with the most value.
Have more questions? Check out our Q&A section here.

2016 GMC Canyon

On average, you should expect to pay only 65% of the original cost with 83% of the vehicle's lifetime remaining for a 2016 model. That gives it a Net Used Value® score of 17.95 which factors in expected annual maintenance, price decline & reliable years left.

These sought after 2016 GMC Canyon models may be hard to find. Also consider a 2017 or 2015 as those were the next best values.

Own a 2016 GMC Canyon?

While we would advise holding onto this vehicle for a few years, that's not always in the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.

Thinking about selling or trading up? Click the button below to get a free, no-obligation offer in minutes!


Vehicle Lookup