Market retention
GMC Canyon depreciation after 10 years.
A 2016 GMC Canyon is currently worth about $17,863—38% of the newest year's market value.
Observed value after 10 years
$17,863
62% below the newest year's price in this study.
Newest market year
2026
Fair price $46,696
Observed value after 10 years
$17,863
62% below the newest year's price
Value retained
38%
Of the newest year's price
Observed market data
Value retention by model year.
Each bar compares a year's current fair price with the newest GMC Canyon in this study.
2026
Newest year
$46,696 100%2025
1 years old
$43,622 93%2024
2 years old
$40,995 88%2023
3 years old
$38,964 83%2022
4 years old
$31,533 68%2021
5 years old
$29,408 63%2020
6 years old
$25,663 55%2019
7 years old
$24,453 52%2018
8 years old
$21,493 46%2017
9 years old
$19,708 42%2016
10 years old
$17,863 38%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 0 | 2026 | 0 | $46,696 | 100% | Market |
| 1 | 2025 | 12,000 | $43,622 | 93% | Market |
| 2 | 2024 | 24,000 | $40,995 | 88% | Market |
| 3 | 2023 | 36,000 | $38,964 | 83% | Market |
| 4 | 2022 | 48,000 | $31,533 | 68% | Market |
| 5 | 2021 | 60,000 | $29,408 | 63% | Market |
| 6 | 2020 | 72,000 | $25,663 | 55% | Market |
| 7 | 2019 | 84,000 | $24,453 | 52% | Market |
| 8 | 2018 | 96,000 | $21,493 | 46% | Market |
| 9 | 2017 | 108,000 | $19,708 | 42% | Market |
| 10 | 2016 | 120,000 | $17,863 | 38% | Market |
| 11 | 2015 | 132,000 | $15,454 | 33% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
GMC Canyon depreciation FAQ.
How fast does the GMC Canyon depreciate?
About 9.6% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a GMC Canyon worth after 10 years?
A 2016 GMC Canyon is worth roughly $17,863—about 38% of the newest year's fair price.
What will a GMC Canyon be worth at 11 years old?
Projecting the 9.6%-per-year rate forward, a 11-year-old GMC Canyon (around 132,000 miles) would be worth about $15,454—roughly 33% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 8/5/2026. Estimates only; your car's value depends on condition, options, and location.