How much does the 2023 GMC Canyon cost?

Prices have softened 6.54% compared to this time last year, making it a favorable time to shop this model year.

There are 2,022 listings available, which gives you a solid pool to compare trims and equipment levels. If you find a listing below $39,001.16, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 GMC Canyon a good car?

Yes — the 2023 GMC Canyon earns a 4.6/5 user rating, which points to strong owner satisfaction. It also earns a 7.33/10 expert rating. The model scores 9/10 across Performance and Technology.

Owners repeatedly praise its luxurious interior, solid performance, easy driving manners, and stylish design. That lines up with the Canyon’s upscale positioning, its comfortable ride, and its strong tech suite. The trade-offs are a high price for a used truck and fewer available configurations than before. For you, that means the Canyon makes the most sense if you want a midsize pickup with a more premium feel rather than the cheapest path into the segment. Good and great deals account for 33.1% of listings, so there is still some room to shop selectively.

Is the 2023 GMC Canyon reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction. The owner feedback also points to a truck that feels solid, easy to live with, and worth counting on over time. The expert drive notes reinforce that impression by describing quiet cabs and a feeling of solidity rare in body-on-frame vehicles. GMC also backs it with a three-year, 36,000-mile basic warranty and a five-year, 60,000-mile powertrain warranty. For used buyers, the main long-term ownership risk is paying premium-truck money for a vehicle that may still need careful maintenance and inspection to justify its price.

What should I look for when buying a used 2023 GMC Canyon?

Accident-free inventory is excellent at 90.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the truck’s equipment matches the trim you’re considering. A pre-purchase inspection matters here because the Canyon’s higher-end positioning means option content can vary a lot from one example to the next. Focus on condition, feature completeness, and whether the truck has the safety and tech equipment you want.

Key things to evaluate:

• Trim level: The base Elevation skips some of the Chevy’s entry-level features, while Denali adds the nicest interior with laser-etched open-pore wood trim and leather upholstery. AT4X stands out with red-and-white upholstery and red dashboard trim.
• Powertrain: Every Canyon uses a 2.7-liter turbocharged four-cylinder with 310 horsepower and 430 pound-feet of torque, paired with an eight-speed automatic. Rear-wheel drive is limited to the base Elevation, while 4WD is optional on Elevation and standard on Denali; AT4 adds a two-speed transfer case, and AT4X adds front and rear electronic lockers, skid plates, 33-inch mud-terrain tires, Multimatic spool-valve dampers, and Baja drive mode.
• Safety package: The standard Canyon Pro Safety Package includes automatic emergency braking with front pedestrian braking and cyclist detection, automatic high beams, a following distance indicator, lane-keep assist, lane-departure warning, and forward collision warning. Rear cross-traffic alert with automatic braking, blind-zone steering assist, and rear park assist require the Safety Plus Package on Elevation and AT4, while adaptive cruise control and a surround-view camera require the Technology Package on those trims.
• Infotainment: You get an 11.3-inch touchscreen with wireless Apple CarPlay and Android Auto, plus Google Built-In. The digital instrument cluster is 8 inches on Elevation and AT4 and 11 inches on Denali and AT4X. Denali and AT4X also add a 6.3-inch head-up display and wireless phone charging.
• Fuel efficiency: The base RWD Elevation is rated at 20 mpg combined (18 mpg city, 23 mpg highway). With 4WD, Elevation returns 19 mpg combined (17 mpg city, 21 mpg highway), as do the 4WD-only AT4 and Denali. AT4X is rated at 18 mpg combined (17 mpg city, 20 mpg highway).

Which 2023 GMC Canyon trim should I buy?

The 2023 GMC Canyon is offered in 4 trim levels: Elevation, Denali, AT4, and AT4X.

Here's the short version:

• Base trim: Elevation is the entry point, but it skips some of the Chevy’s entry-level features and keeps the simpler 8-inch digital cluster.
• Sweet-spot trim: AT4 is the best all-around pick if you want off-road capability without going all the way to the most specialized model; it adds 4WD and a two-speed transfer case.
• Premium/top trim: Denali is the luxury choice, with the nicest interior, 11-inch digital cluster, head-up display, wireless charging, and standard 4WD.
• Off-road trim: AT4X is the most serious trail model, with lockers, skid plates, 33-inch mud-terrain tires, and off-road hardware that goes well beyond daily-driver needs.

The standard Canyon Pro Safety Package is included across the lineup, but the extra driver-assistance features move up the trim ladder or require packages on lower trims.

Is now a good time to buy a used 2023 GMC Canyon?

This is a moderate buyer’s market, so you can shop selectively without expecting deep distress pricing.

• Deal availability: 33.1% of listings are priced as good or great deals.
• Inventory: There are 2,022 listings available.
• Price trend: Prices have softened 6.54% compared with last year.
• Clean inventory: 90.3% of listings are accident-free.

If you find a listing below $39,001.16, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 GMC Canyon's resale value?

The current average of $39,305 sits slightly below last year's $42,057.

That softer pricing suggests the Canyon has become more approachable for used buyers, but it also means sellers may need to be realistic if they want to move a truck quickly. The current market still supports premium trims and well-equipped examples, especially when condition and equipment are strong. If you buy carefully now, you may have a better chance of preserving value later because you’re starting from a lower entry point than last year.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 GMC Canyon safe?

It earns a 6/10 safety score from our experts.

The standard Canyon Pro Safety Package includes automatic emergency braking with front pedestrian braking and cyclist detection, automatic high beams, a following distance indicator, lane-keep assist, lane-departure warning, and forward collision warning. On Elevation and AT4, rear cross-traffic alert with automatic braking, blind-zone steering assist, rear park assist, adaptive cruise control, and a surround-view camera require optional packages. Those features are standard on Denali and AT4X, along with a Safety Alert Seat that vibrates when alerts are triggered. Crash-test ratings from IIHS and NHTSA were not available at the time of publication.

Should I buy a 2023 GMC Canyon or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 33.1% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 6.54% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.
• The redesign brings a more upscale feel, stronger tech, and a broader trim strategy.

Consider the 2022 if:

• At $30,815, the 2022 costs less than the current year's $39,305 average.
• It offers more budget-friendly midsize-truck value with multiple trims and a more manageable footprint.

Consider the 2024 if:

• At $40,936, the 2024 costs more than the current year's $39,305 average.
• It adds an AEV package and even more off-road capability.

The bottom line: If you want the redesigned Canyon’s upscale cabin, strong tech, and premium-truck feel, the 2023 is the right target. If price matters most, the 2022 is the better value play. If you want the most capability and are willing to pay more, the 2024 is the step up to consider.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.