GMC Canyon vs Honda Ridgeline: cost to own

Verdict, over 6 years

They cost about the same

Within $499: too close to call. Closest matching trims: same fuel and drive where possible.

Canyon Elevation$1,422/moTrue cost

Ridgeline Sport$1,428/moTrue cost

2026 GMC Canyon

Closest matching trim: Canyon Elevation

Sticker (MSRP)$51,799

+$10,738→↓Freight, fees, HST

Drive away$62,537

+ running costs→↓− $29,539 resale

True cost$1,422/moA month to own, after resale

2026 Honda Ridgeline

Closest matching trim: Ridgeline Sport

Sticker (MSRP)$53,090

+$10,465→↓Freight, fees, HST

Drive away$63,555

+ running costs→↓− $28,134 resale

True cost$1,428/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $51,799	$53,090	Canyon by $1,291
Freight and fees, before tax	$3,544	✓ $3,153	Ridgeline by $391
Sales tax (HST)	✓ $7,195	$7,312	Canyon by $117
Drive-away price	✓ $62,537	$63,555	Canyon by $1,018
Running costs, 6 years
Fuel or charging	$23,436	✓ $19,251	Ridgeline by $4,185
Insurance (estimate)	✓ $12,406	$13,264	Canyon by $858
Maintenance (estimate)	✓ $8,516	$9,508	Canyon by $992
Loan rate	6.5%	6.5%	—
Loan interest	✓ $12,101	$12,315	Canyon by $214
Lost return on your money	✓ $12,801	$12,997	Canyon by $196
Resale after 6 yrs	✓ −$29,539	−$28,134	Canyon by $1,405
Total
True cost	✓ $102,348	$102,847	Canyon by $499
True cost a month	✓ $1,422/mo	$1,428/mo	Canyon by $6
You pay each month	$1,585/mo	✓ $1,569/mo	Ridgeline by $16
Practical
Fuel type	Gas	Gas	—
Seats	5	5	—
Carry-ons, 2 people	Open bed	Open bed	—
Towing, lb	✓ 7,700	5,000	—
Cargo behind row 2, litres	Not published	960	—
Length	5.42 m	5.34 m	—
Ground clearance	✓ 24 cm	19 cm	—
Resale % after 6 yrs	✓ 57%	53%	—
US crash test	4★	✓ 5★	—

Price

Sticker (MSRP)

Canyon Elevation ✓ $51,799Ridgeline Sport $53,090Cheaper by Canyon by $1,291

Freight and fees, before tax

Canyon Elevation $3,544Ridgeline Sport ✓ $3,153Cheaper by Ridgeline by $391

Sales tax (HST)

Canyon Elevation ✓ $7,195Ridgeline Sport $7,312Cheaper by Canyon by $117

Drive-away price

Canyon Elevation ✓ $62,537Ridgeline Sport $63,555Cheaper by Canyon by $1,018

Running costs, 6 years

Fuel or charging

Canyon Elevation $23,436Ridgeline Sport ✓ $19,251Cheaper by Ridgeline by $4,185

Insurance (estimate)

Canyon Elevation ✓ $12,406Ridgeline Sport $13,264Cheaper by Canyon by $858

Maintenance (estimate)

Canyon Elevation ✓ $8,516Ridgeline Sport $9,508Cheaper by Canyon by $992

Loan rate

Canyon Elevation 6.5%Ridgeline Sport 6.5%Cheaper by —

Loan interest

Canyon Elevation ✓ $12,101Ridgeline Sport $12,315Cheaper by Canyon by $214

Lost return on your money

Canyon Elevation ✓ $12,801Ridgeline Sport $12,997Cheaper by Canyon by $196

Resale after 6 yrs

Canyon Elevation ✓ −$29,539Ridgeline Sport −$28,134Cheaper by Canyon by $1,405

Total

True cost

Canyon Elevation ✓ $102,348Ridgeline Sport $102,847Cheaper by Canyon by $499

True cost a month

Canyon Elevation ✓ $1,422/moRidgeline Sport $1,428/moCheaper by Canyon by $6

You pay each month

Canyon Elevation $1,585/moRidgeline Sport ✓ $1,569/moCheaper by Ridgeline by $16

Practical

Fuel type

Canyon Elevation GasRidgeline Sport GasCheaper by —

Seats

Canyon Elevation 5Ridgeline Sport 5Cheaper by —

Carry-ons, 2 people

Canyon Elevation Open bedRidgeline Sport Open bedCheaper by —

Towing, lb

Canyon Elevation ✓ 7,700Ridgeline Sport 5,000Cheaper by —

Cargo behind row 2, litres

Canyon Elevation Not publishedRidgeline Sport 960Cheaper by —

Length

Canyon Elevation 5.42 mRidgeline Sport 5.34 mCheaper by —

Ground clearance

Canyon Elevation ✓ 24 cmRidgeline Sport 19 cmCheaper by —

Resale % after 6 yrs

Canyon Elevation ✓ 57%Ridgeline Sport 53%Cheaper by —

US crash test

Canyon Elevation 4★Ridgeline Sport ✓ 5★Cheaper by —

✓ marks the better figure. Resale for both is from their own used prices (unless you lease). Their stickers differ by $1,291.