The 2023 GMC Canyon starts at $38,095, much more expensive than its predecessor

The GMC Canyon was completely overhauled in August of this year with a new engine and transmission, plus a hardcore AT4X trim level. It comes across as a very solid mid-size pickup truck that’s significantly better than its predecessor, but that also means it’s more expensive. We have preliminary information regarding the price of the 2023 Canyon and it shows that the all-new model costs significantly more than the previous generation truck.

The details you will see below are unofficial and come from GM Authority. We’ve reached out to GMC for official information and will update this article if and when we receive a response. Meanwhile, the online publication reports that the 2023 Canyon starts at an MSRP of $38,095 with a destination charge of $1,495 included. That figure is for the base Elevation 2WD trim, and a quick comparison to the 2022 model shows the latter to be $7,605 more affordable than the new entry-level model.

If we take a look at the flagship variants, the 2023 Canyon costs at least $66,290 for the AT4X edition, while the 2022 Canyon starts at $54,140 for the Denali with a 2.8-liter diesel. As a side note, GMC still lists the 2022 model on its official website.

As you can see from the table above, the 2023 truck has only one engine option. It’s a turbocharged 2.7-liter mill that produces 310 horsepower (231 kilowatts) and 430 pound-feet (583 Newton-meters) of torque. It’s mated to an eight-speed automatic transmission and sends power to the rear or all four wheels depending on configuration. As a reminder, the 2023 Chevrolet Colorado uses the same engine available in three power stages. However, all three versions mostly use the same hardware.

The heavily upgraded 2023 Canyon is scheduled to go into production Jan. 25 at GM’s Wentzville, Missouri plant. We expect to see full, official pricing for the truck in the coming weeks, so stay tuned.

The GMC Canyon was completely overhauled in August of this year with a new engine and transmission, plus a hardcore AT4X trim level. It comes across as a very solid mid-size pickup truck that’s significantly better than its predecessor, but that also means it’s more expensive. We have preliminary information regarding the price of the 2023 Canyon and it shows that the all-new model costs significantly more than the previous generation truck.

The details you will see below are unofficial and come from GM Authority. We’ve reached out to GMC for official information and will update this article if and when we receive a response. Meanwhile, the online publication reports that the 2023 Canyon starts at an MSRP of $38,095 with a destination charge of $1,495 included. That figure is for the base Elevation 2WD trim, and a quick comparison to the 2022 model shows the latter to be $7,605 more affordable than the new entry-level model.

If we take a look at the flagship variants, the 2023 Canyon costs at least $66,290 for the AT4X edition, while the 2022 Canyon starts at $54,140 for the Denali with a 2.8-liter diesel. As a side note, GMC still lists the 2022 model on its official website.

As you can see from the table above, the 2023 truck has only one engine option. It’s a turbocharged 2.7-liter mill that produces 310 horsepower (231 kilowatts) and 430 pound-feet (583 Newton-meters) of torque. It’s mated to an eight-speed automatic transmission and sends power to the rear or all four wheels depending on configuration. As a reminder, the 2023 Chevrolet Colorado uses the same engine available in three power stages. However, all three versions mostly use the same hardware.

The heavily upgraded 2023 Canyon is scheduled to go into production Jan. 25 at GM’s Wentzville, Missouri plant. We expect to see full, official pricing for the truck in the coming weeks, so stay tuned.