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GMC - Canyon (2020)
Explore the GMC Canyon — a versatile 2020 powerhouse that balances performance, comfort, and value. Whether you’re looking for a rugged workhorse or a stylish daily driver, understanding the GMC Canyon price can help you decide if this midsize pickup fits your lifestyle and budget.
Key Specs for the GMC Canyon 2020
- Engine: 2.0L or 3.6L V6 options, offering up to 283 hp (2.0L) or 310 hp (3.6L).
- Transmission: 8‑speed automatic with manual shift mode.
- Fuel Type: Petrol (gasoline).
- Drive: Front‑wheel drive standard, all‑wheel drive available.
- Trim Levels: Canyon Certified, Canyon S, Canyon S, Canyon S, and the premium All‑Terrain.
- Cargo Capacity: 20 ft³ behind the rear seats; 51 ft³ with rear seats folded.
- Trunk Height: 19.4 in.
- Length: 184.4 in.
- Width: 76.0 in.
- Height: 68.2 in.
- Wheelbase: 112.6 in.
- Payload: Up to 1,845 lb (max).
- Towing Capacity: Up to 6,000 lb (T4), 6,400 lb (T5), or 9,110 lb (T6) with optional tow package.
- Fuel Economy: 21–24 mpg (city) / 27–31 mpg (highway) depending on engine and drive mode.
- Safety: Standard Driver‑Assist package with Rain‑Sense wipers, lane‑keep aid, pre‑crash system, and more.
What Is the GMC Canyon 2020 Price? Understanding Market Trends
While specific figures will differ based on factors such as trim level, mileage, location, and condition, the GMC Canyon price usually correlates with body type (C‑Series vs. T‑Series) and optional equipment. For new body‑enforced 2020 models, you can expect a range that is competitive with its peer group like the Toyota Tacoma or Ford Ranger.
Used GMC Canyon Price: What Buyers Should Expect
Used GMC Canyon price often depends on the vehicle’s age, service history, and mileage. With lower mileage and full service records, a 2020 Canyon can command a higher used price versus older models. In most markets, a pristine 2020 used Canyon in excellent condition remains within the high 90,000 to mid 100,000 region in local currency units.
Depreciation Insight: GMC Canyon Depreciation Explained
Understanding GMC Canyon depreciation is critical when choosing a new pickup. Generally, trucks exhibit steadier depreciation paths than sedans, but the Canyon’s performance and build quality keep its value relatively well. Typical depreciation figures for the 2020 Canyon are:
- First year: Approximately 15‑20% decline from MSRP.
- After 3 years: Total loss often ranges between 35‑40%.
- Five‑year mark: Depreciation can approach 48‑55%, depending on mileage and upkeep.
These estimates are conservative and derived from industry data that observes market-wide trends. Buyers who maintain the vehicle well, keep mileage under control, and timely service can mitigate depreciation more effectively.
What Is a 2020 GMC Canyon Worth? Answering the Most Common Question
The exact value of what is a 2020 GMC Canyon worth hinges on several variables, but a common approach is using the vehicle’s “fleet value” from reputable automotive advisory firms. A clean‑condition Canyon from 2020, with relatively modest mileage (typically under 20,000 mi) and in a popular trim like the S or All‑Terrain, typically retains 55‑70% of its original MSRP after three years. This kind of valuation can help you compare the Canyon’s worth with similar builds in your area.
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | US$32,579.00 | Unlock all links | |
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| 2 years ago | used | US$26,295.00 | Unlock all links | |
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| 2 years ago | used | US$34,996.00 | Unlock all links |