Used 2015 GMC Canyon Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Canyon Extended Cab

SLE 4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

True Cost to Own

$40,431*

Total Cash Price

$22,344

SLT 4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

True Cost to Own

$40,431*

Total Cash Price

$22,344

4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

True Cost to Own

$53,399*

Total Cash Price

$29,511

SL 4dr Extended Cab SB (2.5L 4cyl 6M)

True Cost to Own

$40,049*

Total Cash Price

$22,133

4dr Extended Cab SB (2.5L 4cyl 6M)

True Cost to Own

$38,905*

Total Cash Price

$21,501

SLE 4dr Extended Cab SB (2.5L 4cyl 6A)

True Cost to Own

$56,069*

Total Cash Price

$30,986

SLT 4dr Extended Cab SB (2.5L 4cyl 6A)

True Cost to Own

$41,956*

Total Cash Price

$23,187

Canyon Crew Cab

SLT 4dr Crew Cab LB (3.6L 6cyl 6A)

True Cost to Own

$41,575*

Total Cash Price

$22,976

4dr Crew Cab LB (3.6L 6cyl 6A)

True Cost to Own

$48,059*

Total Cash Price

$26,560

4dr Crew Cab SB (2.5L 4cyl 6A)

True Cost to Own

$39,668*

Total Cash Price

$21,922

SLT 4dr Crew Cab SB (2.5L 4cyl 6A)

True Cost to Own

$55,306*

Total Cash Price

$30,565

SLE 4dr Crew Cab 4WD SB (3.6L 6cyl 6A)

True Cost to Own

$42,338*

Total Cash Price

$23,398

SLT 4dr Crew Cab 4WD SB (3.6L 6cyl 6A)

True Cost to Own

$46,152*

Total Cash Price

$25,506

SLT 4dr Crew Cab 4WD LB (3.6L 6cyl 6A)

True Cost to Own

$46,533*

Total Cash Price

$25,716

SLE 4dr Crew Cab 4WD LB (3.6L 6cyl 6A)

True Cost to Own

$44,245*

Total Cash Price

$24,452

SLE 4dr Crew Cab LB (3.6L 6cyl 6A)

True Cost to Own

$38,142*

Total Cash Price

$21,079

SLE 4dr Crew Cab SB (2.5L 4cyl 6A)

True Cost to Own

$39,668*

Total Cash Price

$21,922

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab SLE 4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$812$836$862$887$914$4,311
Maintenance$934$1,212$1,243$2,041$2,011$7,440
Repairs$484$562$656$765$893$3,360
Taxes & Fees$1,217$49$49$49$49$1,412
Financing$1,202$966$716$447$162$3,493
Depreciation$4,834$1,821$1,618$1,454$1,325$11,052
Fuel$1,764$1,817$1,871$1,927$1,984$9,363
True Cost to Own®$11,247$7,262$7,014$7,571$7,337$40,431

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab SLT 4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$812$836$862$887$914$4,311
Maintenance$934$1,212$1,243$2,041$2,011$7,440
Repairs$484$562$656$765$893$3,360
Taxes & Fees$1,217$49$49$49$49$1,412
Financing$1,202$966$716$447$162$3,493
Depreciation$4,834$1,821$1,618$1,454$1,325$11,052
Fuel$1,764$1,817$1,871$1,927$1,984$9,363
True Cost to Own®$11,247$7,262$7,014$7,571$7,337$40,431

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab 4dr Extended Cab 4WD SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,072$1,105$1,138$1,172$1,207$5,694
Maintenance$1,233$1,600$1,642$2,695$2,656$9,827
Repairs$640$742$867$1,011$1,179$4,438
Taxes & Fees$1,607$64$64$64$64$1,865
Financing$1,588$1,275$945$591$214$4,613
Depreciation$6,384$2,405$2,136$1,921$1,750$14,596
Fuel$2,330$2,400$2,471$2,545$2,621$12,366
True Cost to Own®$14,854$9,591$9,264$9,999$9,691$53,399

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab SL 4dr Extended Cab SB (2.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$804$828$854$879$905$4,270
Maintenance$925$1,200$1,232$2,021$1,992$7,370
Repairs$480$557$650$758$884$3,329
Taxes & Fees$1,205$48$48$48$48$1,399
Financing$1,191$957$709$443$161$3,460
Depreciation$4,788$1,804$1,602$1,441$1,313$10,947
Fuel$1,747$1,800$1,853$1,909$1,966$9,275
True Cost to Own®$11,141$7,194$6,948$7,499$7,268$40,049

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab 4dr Extended Cab SB (2.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$781$805$829$854$879$4,148
Maintenance$899$1,166$1,196$1,964$1,935$7,159
Repairs$466$541$631$736$859$3,233
Taxes & Fees$1,171$47$47$47$47$1,359
Financing$1,157$929$689$430$156$3,361
Depreciation$4,651$1,752$1,557$1,399$1,275$10,635
Fuel$1,697$1,748$1,800$1,854$1,909$9,010
True Cost to Own®$10,822$6,988$6,749$7,285$7,060$38,905

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab SLE 4dr Extended Cab SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,126$1,160$1,195$1,230$1,267$5,978
Maintenance$1,295$1,680$1,724$2,830$2,789$10,318
Repairs$672$779$910$1,061$1,238$4,660
Taxes & Fees$1,688$68$68$68$68$1,958
Financing$1,667$1,339$992$620$225$4,844
Depreciation$6,703$2,525$2,243$2,017$1,838$15,326
Fuel$2,446$2,520$2,595$2,672$2,752$12,985
True Cost to Own®$15,597$10,071$9,727$10,499$10,175$56,069

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Extended Cab SLT 4dr Extended Cab SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$843$868$894$921$948$4,474
Maintenance$969$1,257$1,290$2,118$2,087$7,721
Repairs$503$583$681$794$926$3,487
Taxes & Fees$1,263$51$51$51$51$1,465
Financing$1,247$1,002$743$464$168$3,625
Depreciation$5,016$1,890$1,679$1,509$1,375$11,469
Fuel$1,830$1,885$1,942$2,000$2,059$9,716
True Cost to Own®$11,671$7,536$7,279$7,856$7,614$41,956

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLT 4dr Crew Cab LB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$835$860$886$912$940$4,433
Maintenance$960$1,246$1,279$2,098$2,068$7,651
Repairs$498$578$675$787$918$3,455
Taxes & Fees$1,251$50$50$50$50$1,452
Financing$1,236$993$736$460$167$3,592
Depreciation$4,970$1,873$1,663$1,495$1,363$11,364
Fuel$1,814$1,868$1,924$1,982$2,040$9,628
True Cost to Own®$11,565$7,468$7,213$7,785$7,545$41,575

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab 4dr Crew Cab LB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$965$994$1,024$1,055$1,086$5,124
Maintenance$1,110$1,440$1,478$2,426$2,390$8,844
Repairs$576$668$780$910$1,061$3,994
Taxes & Fees$1,446$58$58$58$58$1,678
Financing$1,429$1,148$851$532$193$4,152
Depreciation$5,746$2,165$1,923$1,729$1,575$13,137
Fuel$2,097$2,160$2,224$2,291$2,359$11,130
True Cost to Own®$13,369$8,632$8,337$8,999$8,722$48,059

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab 4dr Crew Cab SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$797$821$846$870$896$4,230
Maintenance$916$1,189$1,220$2,002$1,973$7,300
Repairs$475$551$644$751$876$3,297
Taxes & Fees$1,194$48$48$48$48$1,385
Financing$1,179$947$702$439$159$3,427
Depreciation$4,742$1,787$1,587$1,427$1,300$10,843
Fuel$1,731$1,783$1,836$1,891$1,947$9,186
True Cost to Own®$11,034$7,125$6,882$7,428$7,199$39,668

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLT 4dr Crew Cab SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,111$1,144$1,179$1,214$1,250$5,897
Maintenance$1,277$1,657$1,701$2,791$2,751$10,178
Repairs$663$769$898$1,047$1,221$4,597
Taxes & Fees$1,665$67$67$67$67$1,931
Financing$1,644$1,321$979$612$222$4,778
Depreciation$6,612$2,491$2,213$1,989$1,813$15,118
Fuel$2,413$2,485$2,559$2,636$2,714$12,808
True Cost to Own®$15,385$9,934$9,595$10,356$10,037$55,306

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLE 4dr Crew Cab 4WD SB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$850$876$902$929$957$4,514
Maintenance$978$1,269$1,302$2,137$2,106$7,791
Repairs$507$588$687$801$935$3,519
Taxes & Fees$1,274$51$51$51$51$1,479
Financing$1,259$1,011$749$468$170$3,657
Depreciation$5,062$1,907$1,694$1,523$1,388$11,573
Fuel$1,847$1,903$1,959$2,018$2,078$9,805
True Cost to Own®$11,777$7,605$7,345$7,928$7,683$42,338

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLT 4dr Crew Cab 4WD SB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$927$955$984$1,013$1,043$4,921
Maintenance$1,066$1,383$1,419$2,329$2,295$8,493
Repairs$553$641$749$874$1,019$3,836
Taxes & Fees$1,389$56$56$56$56$1,612
Financing$1,372$1,102$817$511$185$3,987
Depreciation$5,518$2,079$1,846$1,660$1,513$12,615
Fuel$2,013$2,074$2,136$2,200$2,265$10,688
True Cost to Own®$12,838$8,290$8,007$8,642$8,376$46,152

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLT 4dr Crew Cab 4WD LB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$935$963$992$1,021$1,052$4,962
Maintenance$1,075$1,394$1,431$2,349$2,314$8,563
Repairs$558$647$755$881$1,027$3,867
Taxes & Fees$1,401$56$56$56$56$1,625
Financing$1,383$1,111$824$515$187$4,020
Depreciation$5,563$2,096$1,862$1,674$1,525$12,720
Fuel$2,030$2,091$2,153$2,218$2,284$10,776
True Cost to Own®$12,944$8,358$8,073$8,713$8,445$46,533

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLE 4dr Crew Cab 4WD LB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$889$915$943$971$1,000$4,718
Maintenance$1,022$1,326$1,361$2,233$2,201$8,142
Repairs$530$615$718$838$977$3,677
Taxes & Fees$1,332$53$53$53$53$1,545
Financing$1,315$1,057$783$490$177$3,822
Depreciation$5,290$1,993$1,770$1,592$1,450$12,094
Fuel$1,930$1,988$2,047$2,109$2,172$10,246
True Cost to Own®$12,308$7,947$7,676$8,285$8,030$44,245
Ownership Costs: 5-Year Total

Depreciation

$10,426

Taxes & Fees

$1,332

Financing

$3,295

Fuel

$8,833

Insurance

$4,067

Repairs

$3,170

Maintenance

$7,019

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLE 4dr Crew Cab LB (3.6L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$766$789$813$837$862$4,067
Maintenance$881$1,143$1,173$1,925$1,897$7,019
Repairs$457$530$619$722$842$3,170
Taxes & Fees$1,148$46$46$46$46$1,332
Financing$1,134$911$675$422$153$3,295
Depreciation$4,560$1,718$1,526$1,372$1,250$10,426
Fuel$1,664$1,714$1,765$1,818$1,872$8,833
True Cost to Own®$10,610$6,851$6,617$7,142$6,922$38,142

Ownership Costs: 5-Year Breakdown

Selected Model:

2015 Canyon Crew Cab SLE 4dr Crew Cab SB (2.5L 4cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$797$821$846$870$896$4,230
Maintenance$916$1,189$1,220$2,002$1,973$7,300
Repairs$475$551$644$751$876$3,297
Taxes & Fees$1,194$48$48$48$48$1,385
Financing$1,179$947$702$439$159$3,427
Depreciation$4,742$1,787$1,587$1,427$1,300$10,843
Fuel$1,731$1,783$1,836$1,891$1,947$9,186
True Cost to Own®$11,034$7,125$6,882$7,428$7,199$39,668

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2015 GMC Canyon in Virginia is:

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