Used 2019 GMC Canyon Cost to Own

Total 5-Year Ownership Costs

Canyon Crew Cab

Denali 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

True Cost to Own

$50,176*

Total Cash Price

$39,381

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

True Cost to Own

$41,522*

Total Cash Price

$30,943

SLT 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

True Cost to Own

$47,721*

Total Cash Price

$36,960

All Terrain 4dr Crew Cab 4WD LB w/Leather (3.6L 6cyl 8A)

True Cost to Own

$48,128*

Total Cash Price

$37,563

All Terrain 4dr Crew Cab 4WD SB w/Cloth (3.6L 6cyl 8A)

True Cost to Own

$46,645*

Total Cash Price

$35,359

4dr Crew Cab LB (3.6L 6cyl 8A)

True Cost to Own

$40,236*

Total Cash Price

$28,218

SLE 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

True Cost to Own

$45,880*

Total Cash Price

$34,457

SLT 4dr Crew Cab LB (3.6L 6cyl 8A)

True Cost to Own

$44,787*

Total Cash Price

$34,435

SLT 4dr Crew Cab SB (3.6L 6cyl 8A)

True Cost to Own

$44,574*

Total Cash Price

$34,041

SLE 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

True Cost to Own

$45,341*

Total Cash Price

$33,559

All Terrain 4dr Crew Cab 4WD SB w/Leather (3.6L 6cyl 8A)

True Cost to Own

$47,621*

Total Cash Price

$36,809

All Terrain 4dr Crew Cab 4WD LB w/Cloth (3.6L 6cyl 8A)

True Cost to Own

$46,875*

Total Cash Price

$35,702

SLT 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

True Cost to Own

$48,032*

Total Cash Price

$37,470

Denali 4dr Crew Cab SB (3.6L 6cyl 8A)

True Cost to Own

$47,445*

Total Cash Price

$36,337

SLE 4dr Crew Cab LB (3.6L 6cyl 8A)

True Cost to Own

$42,754*

Total Cash Price

$31,545

Denali 4dr Crew Cab LB (3.6L 6cyl 8A)

True Cost to Own

$47,643*

Total Cash Price

$36,677

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

True Cost to Own

$38,818*

Total Cash Price

$27,477

Denali 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

True Cost to Own

$50,180*

Total Cash Price

$39,433

Canyon Extended Cab

4dr Extended Cab SB w/Prod. End 12/18 (2.5L 4cyl 6M)

True Cost to Own

$37,029*

Total Cash Price

$24,695

SL 4dr Extended Cab SB w/Prod. End 12/18 (2.5L 4cyl 6M)

True Cost to Own

$34,343*

Total Cash Price

$20,701

All Terrain 4dr Extended Cab 4WD SB w/Leather (3.6L 6cyl 8A)

True Cost to Own

$46,496*

Total Cash Price

$35,791

SLE 4dr Extended Cab 4WD SB (3.6L 6cyl 8A)

True Cost to Own

$43,834*

Total Cash Price

$31,898

All Terrain 4dr Extended Cab 4WD SB w/Cloth (3.6L 6cyl 8A)

True Cost to Own

$45,515*

Total Cash Price

$34,332

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

True Cost to Own

$39,994*

Total Cash Price

$28,833

4dr Extended Cab 4WD SB (3.6L 6cyl 8A)

True Cost to Own

$41,108*

Total Cash Price

$29,173

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

True Cost to Own

$36,750*

Total Cash Price

$24,473

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

True Cost to Own

$34,600*

Total Cash Price

$21,275

Ownership Costs: 5-Year Total

Depreciation

$17,247

Taxes & Fees

$2,283

Financing

$7,159

Fuel

$9,089

Insurance

$4,502

Repairs

$2,190

Maintenance

$7,706

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab Denali 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,601$2,687$704$1,223$7,706
Repairs$140$332$487$568$663$2,190
Taxes & Fees$2,099$46$46$46$46$2,283
Financing$2,449$1,978$1,472$924$336$7,159
Depreciation$7,016$2,966$2,648$2,406$2,211$17,247
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,755$10,559$10,056$7,446$7,360$50,176

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 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$791$815$839$864$890$4,199
Maintenance$468$1,903$2,228$712$1,111$6,422
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,661$46$46$46$46$1,845
Financing$1,924$1,555$1,156$726$264$5,625
Depreciation$5,511$2,330$2,080$1,890$1,737$13,548
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$11,965$8,480$8,370$6,381$6,326$41,522

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLT 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,973$46$46$46$46$2,157
Financing$2,298$1,857$1,381$868$315$6,719
Depreciation$6,585$2,783$2,485$2,258$2,075$16,186
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,047$9,841$9,388$7,242$7,203$47,721

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab All Terrain 4dr Crew Cab 4WD LB w/Leather (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$2,005$46$46$46$46$2,189
Financing$2,336$1,887$1,403$882$321$6,829
Depreciation$6,692$2,829$2,526$2,295$2,109$16,451
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,224$9,917$9,451$7,293$7,243$48,128

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab All Terrain 4dr Crew Cab 4WD SB w/Cloth (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,890$46$46$46$46$2,074
Financing$2,199$1,776$1,321$830$302$6,428
Depreciation$6,299$2,663$2,377$2,160$1,985$15,484
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,579$9,640$9,220$7,106$7,100$46,645

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab 4dr Crew Cab LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$728$750$772$796$819$3,865
Maintenance$491$1,926$2,251$704$1,147$6,519
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,519$46$46$46$46$1,703
Financing$1,755$1,417$1,055$662$241$5,130
Depreciation$5,025$2,124$1,896$1,723$1,584$12,352
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$11,276$8,246$8,198$6,235$6,281$40,236

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLE 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$818$843$868$894$921$4,344
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,843$46$46$46$46$2,027
Financing$2,143$1,731$1,287$809$294$6,264
Depreciation$6,138$2,595$2,316$2,105$1,934$15,088
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,285$9,497$9,093$6,997$7,008$45,880

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLT 4dr Crew Cab LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$798$822$847$872$898$4,237
Maintenance$491$1,926$2,251$704$1,147$6,519
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,842$46$46$46$46$2,026
Financing$2,141$1,730$1,287$808$294$6,260
Depreciation$6,134$2,593$2,315$2,103$1,933$15,078
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$13,164$9,100$8,924$6,837$6,762$44,787

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLT 4dr Crew Cab SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$808$832$857$883$909$4,289
Maintenance$491$1,926$2,251$704$1,147$6,519
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,822$46$46$46$46$2,006
Financing$2,117$1,710$1,272$799$290$6,188
Depreciation$6,064$2,563$2,288$2,079$1,911$14,905
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$13,060$9,060$8,892$6,815$6,747$44,574

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLE 4dr Crew Cab 4WD SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$830$855$881$907$934$4,407
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,797$46$46$46$46$1,981
Financing$2,087$1,686$1,254$788$286$6,101
Depreciation$5,978$2,527$2,256$2,050$1,884$14,695
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,035$9,396$9,013$6,934$6,963$45,341

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab All Terrain 4dr Crew Cab 4WD SB w/Leather (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,965$46$46$46$46$2,149
Financing$2,289$1,849$1,375$865$314$6,692
Depreciation$6,558$2,772$2,475$2,249$2,067$16,121
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,003$9,822$9,372$7,230$7,194$47,621

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab All Terrain 4dr Crew Cab 4WD LB w/Cloth (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,908$46$46$46$46$2,092
Financing$2,220$1,794$1,334$838$304$6,490
Depreciation$6,360$2,689$2,400$2,181$2,004$15,634
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,679$9,684$9,256$7,135$7,121$46,875

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLT 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$842$867$893$920$948$4,470
Maintenance$491$2,187$2,273$704$1,223$6,878
Repairs$140$332$487$568$663$2,190
Taxes & Fees$2,000$46$46$46$46$2,184
Financing$2,330$1,883$1,399$880$320$6,812
Depreciation$6,675$2,822$2,519$2,289$2,104$16,409
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,190$9,900$9,433$7,278$7,231$48,032

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab Denali 4dr Crew Cab SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$848$873$900$927$954$4,502
Maintenance$491$2,483$2,808$704$1,147$7,633
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,941$46$46$46$46$2,125
Financing$2,260$1,825$1,358$853$310$6,606
Depreciation$6,473$2,736$2,443$2,220$2,040$15,912
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$13,771$9,946$9,733$7,054$6,941$47,445

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab SLE 4dr Crew Cab LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$781$804$829$853$879$4,146
Maintenance$491$1,926$2,251$704$1,147$6,519
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,692$46$46$46$46$1,876
Financing$1,962$1,584$1,179$741$269$5,735
Depreciation$5,618$2,375$2,120$1,927$1,771$13,811
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$12,302$8,718$8,603$6,575$6,556$42,754

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab Denali 4dr Crew Cab LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$842$867$893$920$948$4,470
Maintenance$491$2,483$2,808$704$1,147$7,633
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,959$46$46$46$46$2,143
Financing$2,281$1,842$1,371$861$313$6,668
Depreciation$6,534$2,762$2,466$2,241$2,059$16,062
Fuel$1,628$1,676$1,727$1,778$1,832$8,641
True Cost to Own®$13,865$9,983$9,762$7,076$6,957$47,643

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 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$725$747$769$792$816$3,849
Maintenance$468$1,903$2,228$712$1,111$6,422
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,476$41$41$41$41$1,640
Financing$1,709$1,380$1,027$645$234$4,995
Depreciation$4,893$2,069$1,847$1,678$1,542$12,029
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$10,881$7,971$7,933$6,011$6,022$38,818

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Crew Cab Denali 4dr Crew Cab 4WD LB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$842$867$893$920$948$4,470
Maintenance$491$2,601$2,687$704$1,223$7,706
Repairs$140$332$487$568$663$2,190
Taxes & Fees$2,102$46$46$46$46$2,286
Financing$2,452$1,981$1,473$926$337$7,169
Depreciation$7,026$2,970$2,651$2,409$2,214$17,270
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$14,765$10,560$10,053$7,444$7,358$50,180

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab 4dr Extended Cab SB w/Prod. End 12/18 (2.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$716$737$760$782$806$3,801
Maintenance$468$1,965$2,228$712$1,179$6,552
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,331$41$41$41$41$1,495
Financing$1,536$1,240$923$580$210$4,489
Depreciation$4,397$1,859$1,659$1,508$1,386$10,809
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$10,058$7,673$7,632$5,766$5,900$37,029

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab SL 4dr Extended Cab SB w/Prod. End 12/18 (2.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$716$737$760$782$806$3,801
Maintenance$468$1,965$2,228$712$1,179$6,552
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,124$41$41$41$41$1,288
Financing$1,287$1,040$774$486$176$3,763
Depreciation$3,684$1,558$1,390$1,263$1,161$9,056
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$8,889$7,172$7,214$5,427$5,641$34,343

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab All Terrain 4dr Extended Cab 4WD SB w/Leather (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$819$844$869$895$922$4,349
Maintenance$491$2,044$2,130$704$1,223$6,592
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,913$46$46$46$46$2,097
Financing$2,226$1,798$1,337$840$306$6,507
Depreciation$6,376$2,695$2,406$2,186$2,009$15,672
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,677$9,522$9,091$7,110$7,096$46,496

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab SLE 4dr Extended Cab 4WD SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$811$835$860$886$913$4,305
Maintenance$491$2,044$2,130$704$1,223$6,592
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,710$46$46$46$46$1,894
Financing$1,984$1,602$1,192$749$272$5,799
Depreciation$5,681$2,402$2,144$1,948$1,790$13,965
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$12,529$9,024$8,675$6,772$6,834$43,834

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab All Terrain 4dr Extended Cab 4WD SB w/Cloth (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$819$844$869$895$922$4,349
Maintenance$491$2,044$2,130$704$1,223$6,592
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,837$46$46$46$46$2,021
Financing$2,135$1,725$1,282$807$292$6,241
Depreciation$6,116$2,585$2,308$2,097$1,927$15,033
Fuel$1,712$1,763$1,816$1,871$1,927$9,089
True Cost to Own®$13,250$9,339$8,938$6,988$7,000$45,515

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 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$775$798$822$847$872$4,114
Maintenance$468$1,903$2,228$712$1,111$6,422
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,546$41$41$41$41$1,710
Financing$1,793$1,449$1,077$677$246$5,242
Depreciation$5,135$2,171$1,938$1,761$1,618$12,623
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$11,327$8,193$8,127$6,181$6,166$39,994

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab 4dr Extended Cab 4WD SB (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$805$829$854$880$906$4,274
Maintenance$491$2,044$2,130$704$1,223$6,592
Repairs$140$332$487$568$663$2,190
Taxes & Fees$1,569$46$46$46$46$1,753
Financing$1,814$1,466$1,090$685$248$5,303
Depreciation$5,195$2,196$1,961$1,781$1,637$12,770
Fuel$1,549$1,596$1,644$1,693$1,744$8,226
True Cost to Own®$11,563$8,509$8,212$6,357$6,467$41,108

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab 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$716$737$760$782$806$3,801
Maintenance$468$1,903$2,228$712$1,111$6,422
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,320$41$41$41$41$1,484
Financing$1,522$1,229$915$574$209$4,449
Depreciation$4,357$1,842$1,645$1,494$1,373$10,711
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$9,993$7,583$7,610$5,746$5,818$36,750

Ownership Costs: 5-Year Breakdown

Selected Model:

2019 Canyon Extended Cab SL 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$716$737$760$782$806$3,801
Maintenance$468$1,903$2,228$712$1,111$6,422
Repairs$130$307$451$526$612$2,026
Taxes & Fees$1,154$41$41$41$41$1,318
Financing$1,323$1,069$795$499$182$3,868
Depreciation$3,787$1,601$1,429$1,298$1,193$9,308
Fuel$1,480$1,524$1,570$1,617$1,666$7,857
True Cost to Own®$9,058$7,182$7,274$5,475$5,611$34,600

*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 2019 GMC Canyon in Virginia is:

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