GMC Canyon | Depreciation Rate & Curve

GMC Canyon 5 Year Depreciation Rate

A 2020 GMC Canyon has a forecasted 5 year depreciation rate of 32%.

In 5 years its value is expected to decrease approximately $11,712 from its new price of around $36,600 down to $24,888.

GMC Canyon Depreciation
Make & Model	GMC Canyon
Initial MSRP	$36,600
Forecasted Depreciation Rate	32%
Forecasted Value Change In 5 Years	$11,712
Residual Value In 5 Years	$24,888

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GMC Canyon Historical Depreciation Table

Below is a historical table for the GMC Canyon that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2020	$36,600	19%	$6,910	$29,690
2019	$33,500	15%	$5,038	$28,462
2018	$33,725	15%	$5,100	$28,625
2017	$34,138	19%	$6,507	$27,631
2016	$31,256	28%	$8,800	$22,456
2015	$29,866	32%	$9,510	$20,356
2012	$25,578	53%	$13,628	$11,950
2011	$24,192	64%	$15,575	$8,617
2010	$24,022	67%	$16,055	$7,967
2009	$22,050	65%	$14,250	$7,800
2008	$20,388	70%	$14,338	$6,050
2007	$18,230	66%	$12,055	$6,175
2006	$19,250	70%	$13,400	$5,850
2005	$21,782	77%	$16,844	$4,938
2004	$21,352	78%	$16,727	$4,625

Forecasted "5 Year Depreciation" Of A 2020 GMC Canyon Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 GMC Canyon	32%	Image Source Minimize Source By Alexander Migl - Own work, CC BY-SA 4.0
2020 Chevrolet Silverado 1500	28% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Chevrolet Silverado 2500	16% View Depreciation Graph	Image Source Minimize Source By Dharmabumstead - Own work, CC BY-SA 4.0
2020 Chevrolet Silverado 3500	12% View Depreciation Graph	Image Source Minimize Source By Rjluna2 - Own work, CC BY-SA 4.0
2020 Chevrolet Colorado	26% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Dodge Ram 2500	28% View Depreciation Graph	Image Source Minimize Source By order_242 from Chile - Dodge Ram 2500 SLT Heavy Duty Quad Cab 2012, CC BY-SA 2.0
2020 Dodge Ram 3500	6% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Dodge Ram 1500	36% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Ford F-150	30% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Ford F-250	35% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Ford F-350	36% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Ford F-450	24% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Sierra 1500	29% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Sierra 2500	23% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Sierra 3500	26% View Depreciation Graph