The GMC Canyon is one of the best midsize trucks available. Since vehicles are one of the most expensive items consumers buy, making sure you purchase a reliable vehicle that will last a long time is extremely important. For this article, we have researched the mileage and reliability of a GMC Canyon and neatly packaged our findings to have all the information you need to know about longevity before purchasing a GMC Canyon.
Like most newer trucks, you can expect a GMC Canyon to last at least 200,000 miles or longer if well-maintained. Trucks that are not properly maintained may experience larger problems before 200,000 miles, and well-maintained trucks may last well over 200,000 miles.
Do GMC Canyons hold their value? What engine does a GMC Canyon have? What are common problems for GMC Canyon? Is GMC Canyon better than Chevy Colorado? Keep reading below as we discuss all of these questions and more!
Do GMC Canyons Hold Their Value?
According to CarEdge, the GMC Canyon depreciates an average of $6,000 in its first year. It drops around 40% of its value after the five-year mark. Compared to the Chevy Colorado, valued at just 50% after five years, the GMC Canyon holds its value as the vehicle gets older.
While 40% in five years is not the best vehicle retention, it is better than many trucks. You can still expect to make over half of your money back if you sell it within the first five years. After the fifth year, Canyons tend to take their biggest hit in depreciation, dropping about 17% in just one year. However, they only drop about 2.5% per year for the next four years afterward, bringing the total depreciation between years five and ten to 27%.
What Engine Does A GMC Canyon Have?
The GMC Canyon is outfitted with either a 2.5L 4-cylinder engine or a 3.6L V6 engine. While the 4-cylinder is the cheaper option, these less-powerful engines are known for better fuel economy and lasting longer in some cases.
The V6 is what most people opt for when possible because it is more powerful in every way and allows the Canyon to go faster as well. Speed and power are typical are reasons people want a truck to begin with. You can get both options for under $30,000, making either 2.5L or 3.6L engine option extremely affordable.
Which GMC Canyon Engine Is The Best?
What Are Common Problems For GMC Canyon?
The most common problem associated with the GMC Canyon is the overconsumption of oil. This means certain Canyons may burn or use oil quicker than most. This is usually fixable by taking your truck to a trained professional. In terms of problems, oil consumption is a good “worst problem” to have because it could be much worse.
While there are worse problems, do not underestimate the damage done if this problem is ignored. When you notice your oil levels are low, immediately take it to a professional because low engine oil means the moving parts in your engine will not run as smoothly and may cause a plethora of new problems. Try to avoid driving it when the engine oil is low unless you are going straight to a mechanic.
Certain year models are also known to have transmission problems. Specifically, the 2015 model is most known for these issues. In more recent years, GMC has fixed this issue, but CarComplaints shows 2015 to be the worst year for this problem.
Is GMC Canyon Better Than Chevy Colorado?
They are both fantastic trucks. Because GMC and Chevy fall under the same umbrella company (General Motors), their vehicles are often compared. In short, GMC is known as a slightly more high-end brand compared to Chevy. Still, Chevy produces some of the most well-known and successful trucks in the industry. The Chevy Silverado and Colorado are two examples of this.
With price and reliability being a vehicle’s most popular factors, these are important to compare. The Canyon and Colorado’s prices are almost exactly the same, but the Colorado comes out ahead by offering its cheapest option at just around $1,000 under the Canyon’s cheapest option. While this may be a factor to some, others will view the prices as relatively the same.
The GMC Canyon wins in terms of reliability. The J.D. Power awarded the Canyon with a 3.5 out of 5-star rating and the Colorado with a 3-out-of-5-stars rating. This is a big enough difference to sway some people into buying a Canyon over a Colorado because this may end up saving you thousands of dollars over the course of the vehicle’s life; not to mention the convenience of a reliable truck.
Interior and Comfort
Like we mentioned above, GMC is known for being a more high-end brand in terms of quality and comfort. While it typically does not affect the vehicle’s inner workings, you can expect the interior of a GMC to be more comfortable and nicer than a Colorado’s. For this reason, the GMC comes in first place overall. With more comforts and reliability, the Canyon is well-worth the extra $1,000 you are going to spend on one of your most expensive assets.
All in all, the GMC Canyon is an incredible truck for many reasons and will last you for well over a decade if properly maintained and driven a reasonable distance. It is the perfect mix of luxury, compact design, and functionality/reliability. As long as you take care of your GMC Canyon, you can trust it to take care of you for many years to come!
Interested in the dimensions of a GMC Canyon? Check out this article: “How Long Is A GMC Canyon? [By Truck Model And Trim Level].”
Looking for more information on GMC trucks? Take a look at this article: “Can You Flat Tow A GMC Sierra?“