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GMC
Canyon
2021
Go
2021 gmc canyon
See Photos
FROM
$26,595
MPG
19 city / 25 hwy

Expert Rating

Not Available

Unlike other websites and magazines, our ratings are not based solely on a singular road test, but rather a more encompassing batch of criteria: quality, safety, comfort, performance, fuel economy, reliability history and value. When comparing vehicles using our Rating System, it's important to note that the rating earned by each vehicle correlates only to the models within its class. For example, a compact car cannot be compared to a SUV—They are different vehicles altogether.

You can interpret our ratings in the following way:

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4-Star: Very Good vehicle. Very good and close to being the best vehicle in its class.

3-Star: Good vehicle. Decent, but not quite the best. Often affordable, but lacking key features found in vehicles of the same class.

2-Star: Below average vehicle. Not recommended, and lacking attributes a car buyer would come to expect for the price.

1-Star: Poor vehicle. Simply does not deserve to be on the road.

Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 GMC Canyon
Lease
$342 / month
Finance
$384 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00244167 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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Buying Tips

What you must know before buying the GMC Canyon

John Diether
Automotive Editor - August 9, 2020
  • 2020 Canyon still in stock; 2021s arriving
  • $1,500 rebate + Employee Pricing on 2020s
  • Lease from $279 for 36 months
  • APR offers on pause

Up to speed:

The carryover 2020 Canyon remains easy to find in most areas. Current inventory favors the Crew Cab in mid-level SLE trim, which buyers heavily prefer. Even so, the Canyon isn't nearly as common as its corporate twin, the Chevrolet Colorado.

The 2021 Canyon has just started flowing into dealers, displaying an exterior refresh aimed at greater differentiation between trims. The bare-bones Base model is no longer available. There are no cash offers on the 2021s yet, but attractive lease offers are available.

Current factory offers will remain in effect through August 31, 2020 and are available nationally unless otherwise noted. GMC sometimes enhances incentives ahead of Labor Day weekend.

Big savings await:

GMC continues to offer a $1,500 rebate on the 2020 Canyon to all buyers. In addition, everyone gets discounted Employee Pricing this month.

These promos add up to terrific savings for this model. The total discount on the 2020 Denali AWD, for example, works out to $5,004.

There are no rebates yet on the 2021 Canyon.

Leasing gets better:

Current lessees of any brand can now lease a 2020 Canyon SLE Crew Cab 4x2 from $279 for 36 months (10,000 miles a year) with $2,579 due at signing. The effective monthly cost works out to $351, an excellent value for this price class.

As for the incoming 2021 Canyon, the best deal is on the Elevation Crew 4x2, which also starts at $279 for 36 months with $3,689 at signing. The effective monthly cost is $381, a good value in our analysis.

If you're not currently in a lease, the monthly cost may be higher, but you can probably still get good value. See your local dealer for a quote.

Shop for rates:

GMC has paused promotional financing on the 2020 Canyon. We expect discounted rates to return as early as next month. For new, we recommend comparing offers at local dealers. The same applies to the 2021 Canyon.

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Advertised Lease Deals

Elevation 4x2 Crew Cab (GM/Non-GM Lessees)
$279Monthly Payment
Term Length (months): 36
Due at signing: $3,689
Mileage: 10k
MSRP: $33,095
Deal Valid in: California
Expiration: 8/31/20

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 8/13/20 in 20149
MSRP
$27,595
Sales Price
$27,595
Cash Rebates
$1,000
Target Price
$26,595
Lease Estimate
$342/mo
Finance Estimate
$384/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Consumer Cash Program (Expires 8/31/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $1,000

Leasing Incentives

RebateAmount
Lease Conquest Bonus Cash GM Lease Conquest Program (Expires 8/31/20) Lease Conquest Bonus Cash available for customers currently leasing a competing make toward the purchase or lease of a vehicle. May not be compatible with other conquest offers. Please check with your Trusted Dealer Partner for complete details and rules.%NotesManuf% %Eligibility% Eligible Customers who have a current 2015 model year or newer non-GM vehicle and lease one of the eligible new and unused models. $1,500

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 GMC Canyon Elevation Standard 4x2 Extended Cab 6 ft. box 128.3 in. WB - MSRP $27,595

2021 GMC Canyon: Model Preview

Justin Cupler
Automotive Editor

Model Preview

The GMC Canyon returned to the midsize pickup fold back in 2015 with a new look, more powerful engine options, and more capability than ever before. The 2021 model year will be the Canyon’s seventh rerun since its debut, and it plays in a segment that is primed for plenty of change in the coming years. To help the Canyon keep pace, it may get a refresh similar to what its platform-mate, the 2021 Chevy Colorado, will get. This would bring in a reworked front end with a new standard grille and more design separation between trim levels, including unique grille options and skid plates, to show each model’s personality.


GMC Canyon

If the 2021 Canyon chooses to follow in the Colorado’s footsteps with an exterior refresh, we expect it to also follow along with no interior updates of note. This would result in it carrying on with the same interior design it’s had since 2015. Fortunately, the Canyon has received a handful of tech updates to keep it on pace with or ahead of the competition. The current model’s standard tech includes the GMC Infotainment System with a 7-inch touchscreen, Apple CarPlay, Android Auto, Bluetooth with audio streaming, power windows, and more.

Powering the Canyon, we expect the same assortment of engines the current model includes. This will start with a standard 2.5-liter four-cylinder engine that delivers 200 horsepower and 191 pound-feet of torque paired with a six-speed automatic transmission. Next up will be a 3.6-liter V6 that will inject 308 hp and 275 lb-ft of torque. This V6 will mate with an eight-speed automatic transmission. Topping the range will be a 2.8-liter turbo-diesel four-cylinder with 186 hp and 369 lb-ft of torque. The diesel engine will mate with a six-speed automatic transmission.

Safety has been an issue for pickups, and the current Canyon is no exception, as its crew-cab variant received a “Marginal” score on the small-overlap front-passenger crash test. The extended-cab model didn’t do much better. Also, the current Canyon lacks any notable advanced safety features other than optional forward-collision alert and lane-departure warning. There is no indication this lack of safety equipment and its iffy crash-safety scores will improve in the 2021 model, but it seems unlikely.

This new midsize pickup will compete with the Chevy Colorado, Toyota Tacoma, and Ford Ranger.

Check prices for the 2021 GMC Canyon »

Pictured: 2020 Canyon

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