How much does the 2023 GMC Canyon cost?

Prices have softened 6.39% compared to this time last year, making it a favorable time to shop this model year.

There are 2,028 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $39,005.89, 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 and a 7.33/10 expert rating.

The model scores 9/10 across Performance and Technology.

Owners consistently praise the luxurious interior, solid performance, and easy driving manners, and they also like its stylish design. The Canyon’s upscale positioning and polished cabin help it stand out if you want a midsize truck that feels more premium than basic.

The trade-offs are clear: the expert review calls out poor value for money and notes that advanced safety features are not standard. That matters most if you want maximum equipment for the money rather than a more upscale experience.

If you want a midsize truck with a more refined feel and strong tech, the Canyon fits that brief well. It also lines up with shoppers who want a premium-leaning pickup rather than a stripped-down work truck.

Is the 2023 GMC Canyon reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction.

The owner feedback points to a truck that feels solid, easy to drive, and dependable in everyday use, with praise centered on its solid performance and luxurious interior. That combination suggests the Canyon leaves a good impression over time, especially if you value a refined driving experience.

The expert review also describes the truck as having a feeling of solidity and a good balance of on-road livability and off-road capability, which supports the idea that it should be a reassuring daily driver. 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 model that still has some feature gaps at lower trims.

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

Accident-free inventory is excellent at 90.7% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially if you’re considering an off-road-oriented trim or a truck that may have seen hard use. Focus on tire wear, underbody condition, and signs of trail damage, since those are the kinds of issues that can hide behind a clean-looking exterior.

Key things to evaluate:

• Trim level: The base Elevation skips some of the Chevy Colorado’s entry-level features, while Denali adds the nicest interior with leather upholstery, open-pore wood trim, chrome accents, and 20-inch wheels. AT4X stands apart with a more aggressive off-road setup and available red-and-white upholstery.
• 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 there and standard on the higher trims.
• 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. Safety Plus adds rear cross-traffic alert with automatic braking, blind-zone steering assist, and rear park assist on Elevation and AT4, while adaptive cruise control requires 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. Elevation and AT4 use an 8-inch digital instrument cluster, while Denali and AT4X get an 11-inch cluster, and 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 city/23 highway). With 4WD, the Elevation, AT4, and Denali are rated at 19 mpg combined (17 city/21 highway), while the AT4X returns 18 mpg combined (17 city/20 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:

• Elevation: This is the entry point, and it makes the most sense if you want the lowest starting price and are comfortable adding options selectively. It still gets the core tech and the standard safety package, but it’s also the trim where GMC leaves out some of the more premium and convenience-focused equipment.
• AT4: This is the best-value choice for many shoppers because it adds a more rugged personality and stronger off-road hardware without jumping all the way to Denali pricing. It suits you if you want capability and a more adventurous setup, but don’t need the luxury touches.
• Denali: Choose this if you want the most upscale cabin and the most premium feel in the lineup. It adds the nicest interior materials, more standard convenience features, and a more polished overall presentation.
• AT4X: This is the one to buy if off-road capability is your priority. It adds serious hardware like front and rear electronic lockers, skid plates, 33-inch mud-terrain tires, and off-road-focused dampers, making it the most capable Canyon in the lineup.

The higher trims also get the expanded safety and driver-assistance content that isn’t standard on the lower grades.

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

This is a moderate market for selective buyers, with enough inventory to shop carefully and enough price softness to create opportunities.

• Deal availability: 28.8% of listings are priced as good or great deals.
• Inventory: There are 2,028 listings available.
• Price trend: Prices have softened 6.39% compared with last year.
• Clean inventory: 90.7% of listings are accident-free.

If you find a listing below $39,005.89, 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 $39,222 sits slightly below last year's $41,897.

That price movement suggests the Canyon has already absorbed some depreciation, which can help future sellers if the market stabilizes. A softer current price can also make the truck more approachable today, but it means you should be realistic about near-term resale gains if you buy at the top of the range.

The Canyon’s premium positioning may help it hold interest among shoppers who want a more upscale midsize truck. Strong owner satisfaction can also support demand when it’s time to sell.

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, and adaptive cruise control 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 for the redesigned Canyon at the time of publication, so you should pay close attention to the available driver-assistance equipment when comparing trims.

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:

• 28.8% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.7% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 6.39% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.
• The redesign brings a more upscale cabin, stronger tech, and a more capable AT4X.

Consider the 2022 if:

• At $30,712, the 2022 costs less than the current year's $39,222 average.
• It offers a more budget-friendly midsize-truck setup with more trim variety.

Consider the 2024 if:

• At $40,740, the 2024 costs more than the current year's $39,222 average.
• It adds an AEV package and even more off-road hardware for buyers who want maximum capability.

The bottom line: If you want the most polished version of this redesigned Canyon, the 2023 is the right starting point. If price matters most, the 2022 is the better value play. If you want the newest off-road upgrades and don’t mind paying more, the 2024 is the stronger choice.

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