Loading the interactive terminal…
Chevrolet Silverado 1500 vs GMC Canyon: 5-year value retention (69% vs 66%), resale value, and cost of ownership head-to-head. Chevrolet Silverado 1500 holds its value better.
On five-year value retention the Chevrolet Silverado 1500 comes out ahead, holding about 69% of its value versus 66% for the GMC Canyon. Over the first five years the Chevrolet Silverado 1500 loses roughly $11,507 while the GMC Canyon loses about $13,924 — a gap near $2,417.
First-year drop is the biggest factor: the Chevrolet Silverado 1500 sheds about 3% in year one versus 10% for the GMC Canyon. If you buy used, the steeper early drop is what the original owner absorbs.