Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 12.72% compared to this time last year, making it a favourable time to shop this model year.

There are 932 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2022 Chevrolet Silverado 1500 a good car?

Generally — the 4.28/5 user rating points to strong owner approval. Drivers commonly praise its powerful engines, smooth rides, and good value for money, while also noting its comfort and fuel efficiency. For you, that makes it especially appealing if you want a full-size pickup that balances work capability with a more modern cabin and everyday usability. With 34.5% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

Is the 2022 Chevrolet Silverado 1500 reliable?

Owners rate it 4.28/5, a solid signal of long-term satisfaction.

The owner feedback also points to a truck that many drivers find dependable and trouble-free enough to recommend, especially when it comes to long-term ownership confidence. Positive comments about durability, strong engines, and overall satisfaction suggest the Silverado can be a sensible used buy if it has been maintained properly. For used buyers, the main long-term risk is less about the model’s reputation and more about finding one that has been cared for consistently.

Is now a good time to buy a used 2022 Chevrolet Silverado 1500?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you stay disciplined.

• Deal availability: 34.5% of listings are priced as good or great deals.
• Inventory: There are 932 listings available.
• Price trend: Prices have softened 12.72% compared with last year.

If you find a listing below $41,205 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Chevrolet Silverado 1500's resale value?

The current average of $41,428 CAD sits slightly below last year's $47,467 CAD.

That softer pricing can help you buy more affordably now, but it also means future resale gains may be more limited if the market stays under pressure. If you plan to sell later, the current trend suggests you should focus on condition, mileage, and equipment to protect value. A well-priced truck today can still hold up reasonably well if demand remains steady.

Vehicles with solid owner satisfaction ratings, like this model year's 4.28/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2022 Chevrolet Silverado 1500 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:

• 34.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.72% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,971 CAD, the 2021 costs less than the current year's $41,428 CAD average.
• It offers broad owner approval and a comfortable, practical driving experience.

Consider the 2023 if:

• At $46,933 CAD, the 2023 costs more than the current year's $41,428 CAD average.
• It adds power upgrades and a new ZR2 Bison off-road configuration.

The bottom line: If you want the best balance of modern cabin updates, strong owner satisfaction, and current-market pricing, the 2022 is the primary year to target. If your priority is saving money, the 2021 is the better value play; if you want newer equipment and are willing to pay more, the 2023 is the step-up choice.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.