The Canyon has come a long way since its days as the GMC S-15 and Sonoma, and is now an impressive American truck in its own right. No longer an entry-level embarrassment, the Canyon is now a mid-sized beast that can pull up to 7700 pounds. Right now G.M. is pushing a number of incentives to move remaining 2024 models of the Canyon. You just might be able to get an amazing deal on a brand new truck.
The modern-day GMC Canyon and Chevy Colorado are now far from their “compact” roots as the Chevy S-10 and the GMC Sonoma. Now marketed as mid-size trucks, today’s Canyon and Colorado rival the “full size” trucks of yore in terms of dimensions, and are both brand-new for model year 2023 in their third generation. The Colorado is the cheaper of the twins, starting at $29,200 msrp, while the more up-market Canyon starts at $36,000 even and change; the brand new 2023 models reflect a price increase from the previous 2nd-generation 2022 model, so if you can find an unsold one on the lots, you may be able to get a killer deal on one.
No longer outfitted with an unloved five cylinder, both trucks feature the “TurboMax” blown-4 with up to 310 horsepower from their big-brother siblings, and both feature an eight speed automatic. The Canyon comes standard with an 11.3 inch diagonal center touch screen and digital information center, a high definition rear vision camera with hitch view, wireless Apple Carplay/Android Auto, 18 inch wheels with all terrain tires, as well as all of the things we’ve come to expect new vehicles to have in 2024, like cruise control, power windows, power seats, keyless entry and start, USB ports, and steering wheel mounted controls.
The upmarket AT4 adds 4 wheel drive with an automatic locking diff, a two speed transfer case, a drive mode selector, and a MultiStow storage system. Fans of the Sierra Denali will welcome the Canyon Denali, which sports the signature chrome Denali grille, as well as pampers passengers with leather seats, wood trim, and 20 inch diamond cut aluminum wheels.
GM just discontinued the six cylinder option for both trucks with the 2023 redesign, but the turbo-four is more than adequate; there is also no longer a diesel option, which sold poorly. All trim-levels of the Canyon get 310 hp, unlike the Colorado, which gets a detuned 237 hp in entry-level trim. The potent AT4X also gets a torque bump to 430 lb-ft, but retains the 310 hp rating; it turns out the quarter mile in fourteen seconds flat, something of an off-road spiritual successor to the GMC Syclone.
Right now GMC has 1.9% APR on the Canyon for qualified buyers, representing a substantial savings on financing costs. You can also lease a Canyon Short Crew RWD Elevation for $399 a month plus $4,649 cash down. GMC also has lease offers on Sierra 1500 short-box Crew Cab Turbomax Elevation for a lower monthly — $369/month for 36 months with $5,269 down. Be sure to consult local dealers as offers may vary by region.
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