2024 GMC Canyon AT4XTrue Cost of Ownership in Mexico
310 hp turbocharged inline-4. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.
Purchase Price
$70K
Base: $50K
Annual Total
$15K
Insurance + fuel + maintenance
Import Duty
$10K
20% of base price
VAT
$10K
16% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$142K
Purchase + 5yr running costs
2024 GMC Canyon AT4X — Full Cost Breakdown in Mexico
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $50K |
| Import Duty (20%) | $10K |
| VAT / Sales Tax (16%) | $10K |
| Total Purchase Price | $70K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $960 |
| Annual Maintenance | $1K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $15K |
| 5-Year Total Cost of Ownership | $142K |
| Cost Per Kilometer | $0.967 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GMC Canyon AT4X Fuel Cost Calculator — Mexico
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$960
USD equivalent
Monthly Fuel Cost
$80
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$6.40
8L × $0.80
GMC Canyon AT4X Depreciation Curve
The GMC Canyon AT4X loses approximately $27K (54%) of its value over 5 years.
Year-by-Year Value
| New | $50K | 100% |
| Year 1 | $39K | 78% |
| Year 2 | $34K | 67% |
| Year 3 | $29K | 58% |
| Year 4 | $26K | 51% |
| Year 5 | $23K | 46% |
Depreciation based on mid-range segment averages.
GMC Canyon AT4X vs. Competitors in Mexico
How does the GMC Canyon AT4X compare to similar cars available in Mexico?
GMC
Canyon AT4X
Base Price
$50K
Annual Cost in Mexico
$15K
Toyota
Camry
Base Price
$28K
Annual Cost in Mexico
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Mexico
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Mexico
$7K
Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.
🇲🇽 Owning a Car in Mexico
Low insurance costs, moderate fuel.
Very Expensive for Mexico
Annual car costs = 145% of average Mexico income ($10K/yr)
Average Annual Income
$10K
In Mexico
Fuel Price
$0.80/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Mexico
GMC Canyon AT4X in Mexico — Frequently Asked Questions
Common questions about owning a GMC Canyon AT4X in Mexico.
The 2024 GMC Canyon AT4X has a base price of $50,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $69,600 USD ($69,600 MXN).