2020 GMC Canyon SLT
28.6% depreciation ($9,154)
2020 GMC Canyon SLT has a median resale price of $26,746 against an original MSRP of $35,900, which works out to 28.6% depreciation across 16 analyzed listings. It ranks 3 of 5 trims by value retention for this model year. This trim is listed with gas and rear wheel drive.
Depreciation Details
- MSRP (When New)
- $35,900
- Median Resale Price
- $26,746
- Depreciation
- 28.6%
- Listings Analyzed
- 16
How SLT Compares to Other 2020 Trims
Lower depreciation means stronger resale retention. The SLT ranks 3 of 5 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| SLE | $29,100 | $25,008 | 19.6% | 48 |
| Base | $25,700 | $23,731 | 20.1% | 10 |
| SLTthis trim | $35,900 | $26,746 | 28.6% | 16 |
| All Terrain | $36,600 | $26,391 | 32.9% | 11 |
| Denali | $40,500 | $28,633 | 33.8% | 36 |
Specifications
| Engine Type | gas |
| Horsepower | 308 hp |
| Torque | 275 lb-ft |
| Transmission | 8-speed shiftable automatic |
| Drivetrain | rear wheel drive |
| City MPG | 18 mpg |
| Highway MPG | 25 mpg |
| Combined MPG | 20 mpg |
| Engine Size | 3.6 |
| Cylinders | V6 |
| Body Type | Truck (Crew Cab) |
| Doors | 4 |
| Seats | 5 |
| Curb Weight | 4,248 lbs |
| Fuel Tank | 21.0 |
Frequently Asked Questions
How much has the 2020 GMC Canyon SLT depreciated?
The 2020 GMC Canyon SLT shows 28.6% depreciation from its original MSRP. In dollar terms, the median listing price is $26,746 compared with an original MSRP of $35,900. This is based on 16 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the SLT trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 5 trims with enough listing data, it ranks 3 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2020 GMC Canyon SLT?
The matched spec record lists gas, rear wheel drive, 8-speed shiftable automatic, 20 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.