Updated November 2026 · Offer source
vs rivals: Toyota Tacoma $390/mo · Nissan Frontier $554/mo · Chevrolet Colorado $510/mo
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.15%. How we grade
How $349 becomes $472
- The ad says $349 a month, and it also asks for $4,774 at signing.
- $349 of that is your first payment. The other $4,425 is extra money that you pay up front.
- Spread across the 36 months of the lease, $4,425 is $123 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short Crew 2WD Elevation MSRP $40,995 | $349 | $4,774 | 36 mo | $472 | C+ |
2027 Short Crew 2WD Elevation MSRP $41,995 | $349 | $5,899 | 36 mo | $503 | C |
The math for the 2026 Short Crew 2WD Elevation
- Due at signing, with payment 1 in it
- $4,774
- 35 more payments of $349
- $12,215
- Total for 36 months
- $16,989
- True cost each month
- $472
- Cost for each mile, with 30,000 miles allowed
- $0.57
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.12%. How we grade
How $369 becomes $494
- The ad says $369 a month, and it also asks for $4,879 at signing.
- $369 of that is your first payment. The other $4,510 is extra money that you pay up front.
- Spread across the 36 months of the lease, $4,510 is $125 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short Crew 4WD Elevation MSRP $44,295 | $369 | $4,879 | 36 mo | $494 | B |
2027 Short Crew 4WD Elevation MSRP $45,495 | $399 | $5,099 | 36 mo | $530 | C+ |
The math for the 2026 Short Crew 4WD Elevation
- Due at signing, with payment 1 in it
- $4,879
- 35 more payments of $369
- $12,915
- Total for 36 months
- $17,794
- True cost each month
- $494
- Cost for each mile, with 30,000 miles allowed
- $0.59
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.13%. How we grade
How $249 becomes $464
- The ad says $249 a month, and it also asks for $7,989 at signing.
- $249 of that is your first payment. The other $7,740 is extra money that you pay up front.
- Spread across the 36 months of the lease, $7,740 is $215 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short 2WD Elevation MSRP $40,995 | $249 | $7,989 | 36 mo | $464 | C+ |
2027 Short Crew 2WD Elevation MSRP $41,995 | $249 | $9,079 | 36 mo | $494 | C+ |
The math for the 2026 Short 2WD Elevation
- Due at signing, with payment 1 in it
- $7,989
- 35 more payments of $249
- $8,715
- Total for 36 months
- $16,704
- True cost each month
- $464
- Cost for each mile, with 30,000 miles allowed
- $0.56
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.14%. How we grade
How $299 becomes $468
- The ad says $299 a month, and it also asks for $6,379 at signing.
- $299 of that is your first payment. The other $6,080 is extra money that you pay up front.
- Spread across the 36 months of the lease, $6,080 is $169 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short Crew 2WD Elevation MSRP $40,995 | $299 | $6,379 | 36 mo | $468 | C+ |
The math for the 2026 Short Crew 2WD Elevation
- Due at signing, with payment 1 in it
- $6,379
- 35 more payments of $299
- $10,465
- Total for 36 months
- $16,844
- True cost each month
- $468
- Cost for each mile, with 30,000 miles allowed
- $0.56
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.36%. How we grade
How $249 becomes $602
- The ad says $249 a month, and it also asks for $8,709 at signing.
- $249 of that is your first payment. The other $8,460 is extra money that you pay up front.
- Spread across the 24 months of the lease, $8,460 is $353 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short Crew 4WD Elevation MSRP $44,295 | $249 | $8,709 | 24 mo | $602 | D |
2027 Short Crew 4WD Elevation MSRP $45,495 | $249 | $9,509 | 24 mo | $635 | D |
The math for the 2026 Short Crew 4WD Elevation
- Due at signing, with payment 1 in it
- $8,709
- 23 more payments of $249
- $5,727
- Total for 24 months
- $14,436
- True cost each month
- $602
- Cost for each mile, with 20,000 miles allowed
- $0.72
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
Graded on true cost as a percent of MSRP, against other midsize pickups. This lease is 1.36%. How we grade
How $249 becomes $602
- The ad says $249 a month, and it also asks for $8,709 at signing.
- $249 of that is your first payment. The other $8,460 is extra money that you pay up front.
- Spread across the 24 months of the lease, $8,460 is $353 a month.
Every offer, ranked by true cost
| Trim | Advertised | Due | Term | True cost | Grade |
|---|---|---|---|---|---|
2026 Short Crew 4WD Elevation MSRP $44,295 | $249 | $8,709 | 24 mo | $602 | D |
The math for the 2026 Short Crew 4WD Elevation
- Due at signing, with payment 1 in it
- $8,709
- 23 more payments of $249
- $5,727
- Total for 24 months
- $14,436
- True cost each month
- $602
- Cost for each mile, with 20,000 miles allowed
- $0.72
Tax, title, license, and dealer fees are extra. Try your own numbers
The offer ends November 30, 2026. See the offer page
How the GMC Canyon lease changed
Since October 12, 2026, the true cost went up by $18 a month, from $454 to $472.
- October 12, 2026: $299/mo, $5,874 due, 36 mo
- $454
- October 17, 2026: $299/mo, $5,874 due, 36 mo
- $454
- October 31, 2026: $299/mo, $5,874 due, 36 mo
- $454
- November 5, 2026: $349/mo, $4,774 due, 36 mo
- $472
- November 11, 2026: $349/mo, $4,774 due, 36 mo
- $472
Each line is the best offer where most regions share it, on the day that we collected the offers.
How it ranks among midsize pickups
The GMC Canyon has the 3rd lowest true cost of 6 midsize pickups with an advertised lease this month. The lowest is the Toyota Tacoma at $390 a month.
The middle true cost in the class is $491 a month, and the GMC Canyon costs $19 less. Each month it costs 1.15% of its MSRP, and the middle of the class is 1.27%.
The best Canyon lease in each region
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