How much does the 2016 GMC Canyon cost?

Prices have softened 5.89% compared to this time last year, making it a favorable time to shop this model year.

There are 545 listings available, which gives you a reasonable amount of inventory to compare before you commit.

If you find a listing below $17,872.81, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 GMC Canyon a good car?

Generally — the 2016 GMC Canyon earns a 4.21/5 user rating and a 6.33/10 expert rating. The standout strength is Technology at 9/10.

Owners repeatedly praise its comfortable ride, good looks, and features, and they also like the balance of power and economy. The Canyon’s appeal is strongest if you want a midsize truck that feels more polished than basic utility, especially since the overview frames it as a domestic alternative in a segment that had been thin on choices.

26.2% of listings are priced as good or great deals, so you have some room to shop selectively.

Is the 2016 GMC Canyon reliable?

Owners rate it 4.21/5, a solid signal of long-term satisfaction.

The owner feedback points to a truck that many people found comfortable, feature-rich, and balanced in everyday use, with several comments that support a dependable, trouble-free ownership experience. The expert drive notes also describe the Canyon as strong and robust structurally, which reinforces the sense that it can feel solid over time.

At the same time, the same owner summary mentions unexpected mechanical issues, so you should treat condition and maintenance history as important parts of the buying decision. For a used example, the biggest long-term risk is paying for a truck that looks good on paper but has been poorly maintained or already developed hidden problems.

What should I look for when buying a used 2016 GMC Canyon?

At 63.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle-history report and then prioritize a hands-on inspection of body panels, alignment, and signs of prior repair. Because condition and pricing were common owner complaints, it makes sense to focus on wear, maintenance records, and whether the truck has been used hard.

Key things to evaluate:

• Trim level: The Canyon is offered in SL, Canyon, SLE, and SLT trim, and the higher trims add more upscale equipment and a more premium feel than the base setup.
• Powertrain: Most Canyons use a 3.6-liter V6 with 305 hp and 269 lb-ft of torque, paired with a 6-speed automatic; 4-wheel drive is available, and the truck is described as responsive with solid mountain-grade performance.
• Safety package: An optional forward-collision warning system and an available lane-departure warning system are mentioned, along with OnStar automatic crash response; blind-spot information and rear cross-traffic alert are not offered.
• Infotainment: The available IntelliLink system adds Apple CarPlay, uses a touchscreen interface, supports text messaging, and includes Wi-Fi access through OnStar subscription services.
• Fuel efficiency: The V6 4-wheel-drive test truck was rated at 20 mpg in combined driving and returned 20.6 mpg on the test loop.

Which 2016 GMC Canyon trim should I buy?

The 2016 GMC Canyon is offered in 4 trim levels: SL, Canyon, SLE, and SLT.

Here's the short version:

• SL: This is the entry point if you want the Canyon’s core midsize-truck capability without paying for extra polish. It makes the most sense if you care more about utility and price than added comfort or tech.
• Canyon: This trim is the best-value choice for many shoppers because it sits above the base model while still keeping the Canyon’s practical appeal intact. It should be the first stop if you want a balanced mix of equipment and cost.
• SLE: This is the smart middle ground if you want a more upgraded feel and more features than the lower trims. It suits you if you want everyday usability with a bit more comfort and convenience.
• SLT: This is the trim to choose if you want the most upscale presentation and the richest feature set in the lineup. It fits you best if comfort and appearance matter as much as truck capability.

The safety content also notes that some driver-assistance features are optional rather than standard, so check equipment carefully on any trim you consider.

Is now a good time to buy a used 2016 GMC Canyon?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find opportunities.

• Deal availability: 26.2% of listings are priced as good or great deals.
• Inventory: There are 545 listings available.
• Price trend: Prices have softened 5.89% compared with last year.
• Clean inventory: 63.1% of listings are accident-free.

If you find a listing below $17,872.81, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 GMC Canyon's resale value?

The current average of $18,442 sits slightly below last year's $19,597.

That softer pricing suggests the truck has already absorbed some depreciation, which can help if you buy now and later resell into a steadier market. The current trend also means future sellers may need to price competitively unless the truck is especially clean, well equipped, or lightly used.

Vehicles with solid owner satisfaction ratings, like this model year's 4.21/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 GMC Canyon safe?

The Insurance Institute for Highway Safety rated the Canyon Good in moderate overlap frontal-impact testing, and the federal government gave the Extended cab model a three-star rollover resistance rating.

It earns a 5/10 safety score from our experts.

The Canyon includes OnStar automatic crash response, which can alert authorities after a deployment-triggering collision if the subscription is active. It also offers an optional forward-collision warning system and an available lane-departure warning system.

The main caveat is that blind-spot information and rear cross-traffic alert are not offered, and the forward-collision warning can be overly sensitive.

Should I buy a 2016 GMC Canyon or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 26.2% of listings are priced as good or great deals.
• At 63.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.89% compared with last year.
• Owners rate it 4.21/5 — a solid satisfaction signal.
• The 2016 adds Apple CarPlay to the available infotainment setup and keeps the Canyon’s strong midsize-truck appeal.

Consider the 2017 if:

• At $20,137, the 2017 costs more than the current year's $18,442 average.
• It emphasizes stronger towing and hauling capability in the same compact package.

The bottom line: If you want the better value today, the 2016 is the easier buy because pricing has softened and inventory is available. If your priority is maximum truck capability and you can spend more, the 2017 is the stronger alternative.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.