Tag Archives: market conditions

GMC Canyon & Sierra Earn KBB.com’s Best Resale Value Awards

Two GMC models have been recognized in KBB.com’s Best Resale Value Awards, including the GMC Canyon and Sierra. This is the second consecutive time the two models are ranked in the top 10.

“A vehicle’s resale value is of critical importance, because a vehicle with high resale value will typically be less expensive to own over time than a similar vehicle with poorer resale value,” said Jack R. Nerad, executive editorial director of Kelley Blue Book.

The 2016 GMC Canyon was ranked 3rd in the Best Resale Value Awards, with a projected resale value of 70.7% after three years and of 59.5% after five years. The 2016 GMC Sierra was projected to retain 57% of its value after three years and 48% after five. KBB.com’s projections are derived from current vehicle and sales data, market conditions, competition within segments, and expectations of the future economy.

2016 GMC Canyon
2016 GMC Canyon

Unless you intend to drive your vehicle until it literally falls apart beyond repair, these projections give you a good idea of the kind of value you can get back from your GMC Canyon or Sierra several years down the line. And, they’re already a great deal at Crawford Buick GMC before taking resale value into account!