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Chevrolet Colorado vs GMC Canyon: 5-year value retention (65% vs 66%), resale value, and cost of ownership head-to-head. GMC Canyon holds its value better.
On five-year value retention the GMC Canyon comes out ahead, holding about 66% of its value versus 65% for the Chevrolet Colorado. Over the first five years the GMC Canyon loses roughly $13,924 while the Chevrolet Colorado loses about $10,926 — a gap near $-2998.
First-year drop is the biggest factor: the GMC Canyon sheds about 10% in year one versus 8% for the Chevrolet Colorado. If you buy used, the steeper early drop is what the original owner absorbs.