Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 12.10% compared to this time last year, making it a favourable time to shop this model year.

There are 951 listings available, which gives you a solid amount of inventory to compare.

Is the 2022 Chevrolet Silverado 1500 a good car?

Generally — the 2022 Chevrolet Silverado 1500 earns a 4.28/5 user rating, which points to strong owner approval. Drivers commonly praise its powerful engines, smooth rides, and good value for money, while also noting positive fuel efficiency and comfort. For you, that makes it a compelling choice if you want a full-size pickup with a modernised cabin and broad capability for work and everyday driving. With 31.3% 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.

User feedback also points to a truck that feels dependable and trouble-free for many owners, with praise for its strong engines and comfortable day-to-day use. That kind of owner confidence matters if you plan to keep the truck for the long haul.

For used buyers, the main long-term ownership risk is making sure the specific truck you choose has been maintained well and matches your needs.

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

This is a moderate, selective buyer’s market, so you can be choosy without expecting every listing to be a bargain.

• Deal availability: 31.3% of listings are priced as good or great deals.
• Inventory: There are 951 listings available.
• Price trend: Prices have softened 12.10% compared with last year.

If you find a listing below $41,208 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 $41,286 CAD sits slightly below last year's $46,972 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently now. For a future seller, it also means resale value may depend more on condition, mileage, and trim appeal than on broad market momentum alone. If you buy well and keep the truck in strong shape, you should be better positioned when it is time to sell.

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:

• 31.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.10% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,424 CAD, the 2021 costs less than the current year's $41,286 CAD average.
• It has loyal owners and broad practical appeal.

Consider the 2023 if:

• At $46,417 CAD, the 2023 costs more than the current year's $41,286 CAD average.
• It adds upgraded Duramax diesel power and a new ZR2 Bison off-road configuration.

The bottom line: The 2022 is the best all-around pick if you want the refreshed cabin and strong owner satisfaction without paying 2023 money. If your priority is saving cash, the 2021 is the smarter value play; if you want newer-year upgrades and are willing to spend more, the 2023 is the premium alternative.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.