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2016 GMC Canyon Prices: MSRP vs Dealer Invoice vs True Dealer Cost

2016 GMC Canyon Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The GMC Canyon price report below does not include rebates or incentives.
View GMC Rebates and Incentives.

2016 Canyon 4X2 SL Extended Cab 6 foot box w/128.3 inch WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
MSRP
$20,955
Invoice Price
$20,850
Destination Fee
$925
Holdback
$629
Dealer Cost
$21,146
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2016 Canyon 4X2 Base Extended Cab 6 foot box w/128.3 inch WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$23,310
Invoice Price
$22,378
Destination Fee
$925
Holdback
$699
Dealer Cost
$22,604
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2016 Canyon 4X2 Base Crew Cab 5 foot box w/128.3 inch WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$25,865
Invoice Price
$24,572
Destination Fee
$925
Holdback
$776
Dealer Cost
$24,721
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2016 Canyon 4X2 SLE Extended Cab 6 foot box w/128.3 inch WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$27,305
Invoice Price
$25,940
Destination Fee
$925
Holdback
$819
Dealer Cost
$26,046
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2016 Canyon 4X2 Base Crew Cab 6 foot box w/140.5 inch WB 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$27,385
Invoice Price
$26,016
Destination Fee
$925
Holdback
$822
Dealer Cost
$26,119
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2016 Canyon 4X2 SLE Crew Cab 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$29,245
Invoice Price
$27,783
Destination Fee
$925
Holdback
$877
Dealer Cost
$27,831
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2016 Canyon 4X2 SLE Crew Cab 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$30,765
Invoice Price
$29,227
Destination Fee
$925
Holdback
$923
Dealer Cost
$29,229
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2016 Canyon 4X2 SLT Extended Cab 6 foot box w/128.3 in. WB 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$31,540
Invoice Price
$29,963
Destination Fee
$925
Holdback
$946
Dealer Cost
$29,942
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2016 Canyon 4X2 SLT Crew Cab 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$33,460
Invoice Price
$31,787
Destination Fee
$925
Holdback
$1,004
Dealer Cost
$31,708
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2016 Canyon 4X2 SLT Crew Cab 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$34,280
Invoice Price
$32,566
Destination Fee
$925
Holdback
$1,028
Dealer Cost
$32,463
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2016 Canyon 4X4 Base Extended Cab 6 foot box w/128.3 inch WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$28,595
Invoice Price
$27,451
Destination Fee
$925
Holdback
$858
Dealer Cost
$27,518
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2016 Canyon 4X4 SLE Extended Cab 6 foot box w/128.3 in. WB 200-hp, 2.5L I-4 (4 cyl.) w/reg gas
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$31,855
Invoice Price
$30,262
Destination Fee
$925
Holdback
$956
Dealer Cost
$30,231
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2016 Canyon 4X4 SLE Crew Cab 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$34,720
Invoice Price
$32,984
Destination Fee
$925
Holdback
$1,042
Dealer Cost
$32,867
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2016 Canyon 4X4 SLE Crew Cab 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$35,020
Invoice Price
$33,269
Destination Fee
$925
Holdback
$1,051
Dealer Cost
$33,143
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2016 Canyon 4X4 SLT Extended Cab 6 foot box w/128.3 in. WB 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$35,665
Invoice Price
$33,882
Destination Fee
$925
Holdback
$1,070
Dealer Cost
$33,737
Find the Best Price
2016 Canyon 4X4 SLT Crew Cab 5 foot box w/128.3 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$37,810
Invoice Price
$35,920
Destination Fee
$925
Holdback
$1,134
Dealer Cost
$35,711
Find the Best Price
2016 Canyon 4X4 SLT Crew Cab 6 foot box w/140.5 in. WB 181-hp, 2.8L I-4 (4 cyl.) w/diesel
• 305-hp, 3.6L V6 (6 cyl.) w/reg gas
MSRP
$38,110
Invoice Price
$36,204
Destination Fee
$925
Holdback
$1,143
Dealer Cost
$35,986
Find the Best Price
Price Tip:
To avoid overpaying on a new GMC Canyon, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
GMC Price Guides::
2016 GMC Canyon Overview:

About the 2016 GMC Canyon
When the GMC Canyon returned to the market in 2015, it was major news. It was quicker, easier to handle and more spacious than the competition, appealing greatly to diesel fans. For 2016, the Canyon is even more appealing now that it's the first midsize pickup to provide a turbocharged diesel engine as a choice. For this year, the 2016 GMC Canyon will also get support for Apple CarPlay with the IntelliLink touchscreen interface.

A midsize pickup that can seat either two, four or five, the 2016 GMC Canyon offers extended cab and crew cab bodies. In all, there are four trim levels and two bed lengths to choose from: SL, base Canyon, SLE and SLT.

With the 2016 GMC Canyon, there are three choices for engines, beginning with the base 2.5-liter four-cylinder that generates 200 horses and just 191 lb-ft of toque. Coupled with the standard six-speed manual, it is capable of returning a fuel economy of 19/26/22. Adding on the six-speed automatic ups the numbers to 20/27/22 coupled with two-wheel drive, with the numbers changing to 19/25/21 on four-wheel drive.

Behind the wheel, this is one midsize truck that can drive well. It won't be as smooth as one might expect when driving a sedan, but it's a more forgiving ride on broken pavement compared to the rest of the competition. Those who are just looking for basic towing needs and don't need a huge amount of power and speed should enjoy the GMC Canyon this year.
How to Calculate The Dealer Cost of a GMC Canyon:

Formula for Calculating Dealer Cost:

  • Example: Base GMC Canyon invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here.)

Note: All GMC Canyon Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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