GMC Canyon Lease Deals

GMC Canyon Photo

Lease deals for the 2024 GMC Canyon start at $507 per month for 48 months with $1,032 due at signing.

The average monthly lease payment for a well-equipped Canyon is $695 per month for 36 months. GMC dealerships and financial institutions offer regional programs updated on a regular basis. We've compiled a list of the best GMC Canyon lease deals below. Click on any trim level to see the term, payment and cash due at signing currently available. Better yet - Make Dealers Compete to get the Best Deal Available!

Best GMC Canyon Lease Deal

2024 GMC Canyon - 2WD Elevation

Is the best trim to choose.

48 months

Is the best term to choose.

12,000 mi

Is the best mileage to choose.

51

Estimated residual value.

Lease payment

$507/mo*

MSRP

$37,595

Due at Signing

$1,032

GMC Canyon 2WD Elevation Lease Deals

Miles Per Year

12,000

MSRP

$37,595

Invoice Price

GMC Canyon 2WD Elevation Lease Deals

Term

24 months

36 months

48 months

60 months

Payment

$738/mo*

$553/mo*

$507/mo*

$513/mo*

Due at Signing

$738

$1,128

$1,032

$1,038

GMC Canyon 4WD AT4 Lease Deals

Miles Per Year

12,000

MSRP

$44,595

Invoice Price

GMC Canyon 4WD AT4 Lease Deals

Term

24 months

36 months

48 months

60 months

Payment

$803/mo*

$617/mo*

$574/mo*

$587/mo*

Due at Signing

$1,628

$1,242

$1,149

$1,187

GMC Canyon 4WD AT4X Lease Deals

Miles Per Year

12,000

MSRP

$55,895

Invoice Price

GMC Canyon 4WD AT4X Lease Deals

Term

24 months

36 months

48 months

60 months

Payment

$998/mo*

$768/mo*

$715/mo*

$732/mo*

Due at Signing

$1,998

$1,543

$1,440

$1,482

GMC Canyon 4WD Denali Lease Deals

Miles Per Year

12,000

MSRP

$52,595

Invoice Price

GMC Canyon 4WD Denali Lease Deals

Term

24 months

36 months

48 months

60 months

Payment

$837/mo*

$670/mo*

$644/mo*

$667/mo*

Due at Signing

$1,687

$1,345

$1,294

$1,342

GMC Canyon 4WD Elevation Lease Deals

Miles Per Year

12,000

MSRP

$40,895

Invoice Price

GMC Canyon 4WD Elevation Lease Deals

Term

24 months

36 months

48 months

60 months

Payment

$755/mo*

$578/mo*

$535/mo*

$545/mo*

Due at Signing

$1,530

$1,178

$1,085

$1,095

Lease Deals on Other GMC Models

* Lease payments reflect national market averages, based on various factors including sales prices, APRs and residual values. Monthly payments are estimates and, when available, may include manufacturer promotion(s). Note that final payment amounts offered by a dealer are unique to a buyer's situation: a specific vehicle (VIN) with specific trim and options, annual mileage allotment, a buyer’s geographic location, trade-in or down payment amount, additional cash due at signing, credit score and term of lease.

How does leasing a car work?

For some car buyers, leasing is a great way around depreciation. However, leasing isn't for everyone. For many consumers, it's worth asking the question "what does it mean to lease a car?". In this guide to leasing a car, we'll explain all there is to know about leasing, and how to shop smart in 2024. Learn more in our comprehensive guide to leasing a car

Is it better to lease or buy a car?

The decision between buying and leasing a car is a tricky one. In 2024, this choice is even more pertinent due to shifting market dynamics and attractive manufacturer incentives. Drawing insights from CarEdge Co-Founder Ray Shefska, we delve into the nuances of buying versus leasing to help you make an informed decision. Read more about the pros and cons of leasing

Watch & Learn the "Golden Rules" for negotiating a lease in the video below:

GMC Canyon Leasing vs Buying

Leasing could be a great option for you, but it depends on your individual needs and priorities. It's important to understand what your lease payments cover and the specific rules that apply to leasing, such as mileage limits, wear and tear charges, and end-of-lease options.

Leasing a vehicle is like entering into a long-term rental agreement. Unlike a traditional car purchase, you don't gain ownership of the vehicle. Instead, you are paying to use it for a set period and mileage limit.

Requirements and methodology:

Creditworthiness
Lease deals assume you have good to excellent credit, which qualifies you for the best rates and lower payments.
Regional Availability
Lease deals may vary by location, with certain offers only available in specific regions. Always check local availability.
Variable Incentives
Lease terms and payments depend on incentives that can change monthly. These can include manufacturer rebates and dealer discounts.

Your lease payments are paying for:

Depreciation
The loss of value of the vehicle during the time you are leasing it.
Financing
Paying for the interest, or finance charge, that the leasing company applies.
Taxes and fees
Paying for the interest (finance charge) that the leasing company charges you.