GMC - Canyon (2016)

GMC Canyon price can prompt a wide range of questions for buyers and sellers alike, especially when digging into the details of a 2016 model. Knowing what is a 2016 GMC Canyon worth and how it compares to other trucks in its class helps decision‑makers navigate the market with confidence. Because prices depend on mileage, trim level, condition, and geographic region, most experts recommend reviewing a detailed database for the most current figures. Below, we break down the key specifications, depreciation roadmap, comparison points, and market position that shape the overall value of the GMC Canyon.

Start with a concise snapshot: the 2016 GMC Canyon is a mid‑size pickup that combines rugged capability with a comfortable interior. While the GMC Canyon 2016 price varies across North America, typical inquiries focus on determining whether the vehicle retains value, how it stacks up against rivals, and what the average used GMC Canyon price might be in a particular market. With an upward‑trending popularity for utility‑oriented trucks, the Canyon offers a mix of performance and practicality that appeals to families and professionals alike.

• Engine: 3.6L V6 or 3.8L V6 turbocharged (depending on trim)
• Transmission: 6‑speed automatic with manual shift mode
• Drive: 4WD or 2WD (front‑wheel drive for some trims)
• Total Horsepower: 310 hp (V6) – 385 hp (turbo V6)
• Torque: 275 lb‑ft – 469 lb‑ft (turbo)
• Fuel Economy: 19–21 mpg city / 25–26 mpg highway (varies by trim)
• Dimensions: 198.9” L x 74.6” W x 69.1” H (overall)
• Payload Capacity: 1,550–2,370 lbs (depending on cab and bed combination)
• Towing Capacity: 3,150–7,100 lbs (with V6 turbo)
• Interior Features: 7‑seat layout (5‑seat coupe as standard), touchscreen infotainment, Apple CarPlay, Android Auto
• Safety: Multiple airbags, adaptive cruise control, blind‑spot monitoring (optional on higher trims)

Each spec makes a direct impact on the GMC Canyon depreciation profile. Over time, a truck’s value generally declines because of wear, mileage accumulation, and market shifts. For the 2016 GMC Canyon, the typical yearly depreciation curve looks like this:

• Year 0–1: Loses about 15‑20% of its value after the first year. A vehicle that was retailing near the high end at purchase could see this initial drop reflected in a “first‑sale” price that is roughly 80‑85% of the new price.
• Year 1–3: Continues to drop ~10‑12% per year as mileage climbs and newer models enter the market. By the third year, cumulative depreciation often lands in the 30‑35% range.
• Year 4–7: Value stabilizes, with an annual decline of about 7‑10%. A

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