Used 2022 Chevrolet Colorado for Sale nearPeterborough, ON

How much does the 2022 Chevrolet Colorado cost?

Prices have softened 13.83% compared to this time last year, making it a favourable time to shop this model year.

There are 167 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2022 Chevrolet Colorado a good car?

Yes — the 2022 Chevrolet Colorado earns a 4.5/5 user rating, which points to strong owner satisfaction. Drivers consistently praise its smooth performance, towing capacity, and spacious cabin, and many say it works well as a family-friendly pickup. The Colorado’s use-case appeal is broad, since it aims to be a capable daily driver with real hauling ability and some off-road versatility. With 31.7% of listings marked as good or great deals, you also have a decent chance of finding a competitive offer.

Is the 2022 Chevrolet Colorado reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

User feedback highlights that the Colorado feels dependable in everyday use, with owners calling out its smooth performance and capability. The same feedback also suggests it can be a truck you can count on for towing and family duties, even if some buyers want improvements in rear-seat comfort and certain features. For used buyers, the main long-term ownership risk is making sure the truck you choose has been maintained well enough to avoid avoidable wear-related issues.

Is now a good time to buy a used 2022 Chevrolet Colorado?

This looks like a moderate market for selective buyers, so it pays to compare listings carefully and move quickly on strong examples.

• Deal availability: 31.7% of listings are priced as good or great deals.
• Inventory: There are 167 listings available.
• Price trend: Prices have softened 13.83% compared with last year.

If you find a listing below $33,486 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Chevrolet Colorado's resale value?

The current average of $35,585 CAD sits slightly below last year's $41,295 CAD.

That decline suggests the market has become more buyer-friendly, which can help you negotiate now but may also mean less upside if you plan to resell soon. If you buy at the right price, you reduce the risk of taking a bigger depreciation hit later. Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2022 Chevrolet Colorado 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:

• 31.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.83% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $43,399 CAD, the 2023 costs more than the current year's $35,585 CAD average.
• It adds a more modern, fully redesigned cabin and stronger overall capability.

The bottom line: Choose the 2022 if you want a better-value path into the Colorado nameplate and you like the idea of shopping a softer market. Consider the 2023 if you want the newer redesign and are willing to pay more for it; price-sensitive buyers will likely find the 2022 the smarter buy.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.