Used 2022 BMW X1 for Sale nearWaterloo, ON

How much does the 2022 BMW X1 cost?

Prices have softened 20.90% compared to this time last year, making it a favourable time to shop this model year.

There are 210 listings available, which suggests you have a decent amount of inventory to compare.

Is the 2022 BMW X1 a good car?

Yes — the 2022 BMW X1 earns a 5/5 user rating, which points to strong owner satisfaction. That kind of feedback usually means the vehicle is meeting expectations for everyday use, comfort, and overall ownership experience. With 34.8% of listings marked as good or great deals, you also have a meaningful share of market options to consider.

Is the 2022 BMW X1 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

For used buyers, that kind of owner feedback suggests lower perceived ownership risk, especially if the vehicle has been maintained properly.

Is now a good time to buy a used 2022 BMW X1?

This looks like a moderate, selective buyer’s market, so it makes sense to compare listings carefully and move quickly on strong examples.

• Deal availability: 34.8% of listings are priced as good or great deals.
• Inventory: There are 210 listings available.
• Price trend: Prices have softened 20.90% compared with last year.

If you find a listing below $25,253 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 BMW X1's resale value?

The current average of $25,382 CAD sits slightly below last year's $32,090 CAD.

That softer pricing can help you buy in at a more favourable point, but it also means future resale gains may be more limited if the market stays subdued. If you plan to sell later, the current discount could work in your favour only if you buy well and keep the vehicle in strong condition. A lower entry price can also make it easier to stay competitive when you eventually list it.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2022 BMW X1 or consider a different year?

If you're weighing the 2022 against nearby model years, here's how to think about it:

Choose the 2022 if:

• 34.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 20.90% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $34,598 CAD, the 2023 costs more than the current year's $25,382 CAD average.
• The 2023 adds all-new third-generation design with more cargo space and standard all-wheel drive.

The bottom line: If value matters most, the 2022 is the stronger buy because it combines a lower average price with solid deal availability and strong owner satisfaction. If you want the newer redesign and are willing to pay more, the 2023 is the better upgrade path; otherwise, the 2022 is the smarter choice for price-sensitive shoppers.

How does the 2022 BMW X1 compare to the 2022 Audi Q3?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.