Used 2022 BMW X5 for Sale nearConcord, ON

How much does the 2022 BMW X5 cost?

Prices have softened 19.25% compared to this time last year, making it a favourable time to shop this model year.

There are 181 listings available, which suggests a reasonable amount of inventory for shoppers to compare.

Is the 2022 BMW X5 a good car?

Yes — owners rate it 5/5, which points to very strong satisfaction with this model year.

Owners consistently praise its comfort, performance, and luxurious feel, and they also highlight the smooth ride and high-quality interior. The X5’s roomy cabin, strong visibility, and generous cargo space make it a practical choice if you want a premium two-row SUV that still works well for everyday use.

With 34.8% of listings marked as good or great deals, you have a decent chance of finding a competitive listing if you shop carefully.

Is the 2022 BMW X5 reliable?

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

The owner feedback points to a dependable ownership experience, with repeated praise for comfort, performance, and the high-quality interior. That kind of satisfaction often reflects a vehicle that owners feel confident keeping for the long term.

For used buyers, the main long-term ownership risk is that maintenance and repair costs are not likely to be low.

Is now a good time to buy a used 2022 BMW X5?

This looks like a moderate, selective buyer’s market, so you can be choosy if you’re patient.

• Deal availability: 34.8% of listings are priced as good or great deals.
• Inventory: There are 181 listings available.
• Price trend: Prices have softened 19.25% compared with last year.

If you find a listing below $47,580 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 BMW X5's resale value?

The current average of $47,593 CAD sits slightly below last year's $58,942 CAD.

That price movement suggests the market has cooled, which can make the X5 more attractive to used buyers today but may temper near-term resale upside for current owners. If you buy at the right price now, you may have less room for depreciation pressure than someone who bought when prices were higher. Strong demand from shoppers who want a premium, practical SUV can still help support future value.

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 X5 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 19.25% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2021 if:

• At $44,497 CAD, the 2021 costs less than the current year's $47,593 CAD average.
• It offers a broad mix of space, comfort, technology, and engine choices.

The bottom line: Choose the 2022 if you want the stronger current-market value story and high owner satisfaction. If your priority is spending less upfront, the 2021 is the better price-sensitive path and still delivers the X5’s core strengths.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.