Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 13.23% compared to this time last year, making it a favourable time to shop this model year.

There are 929 listings available, which suggests solid inventory for Canadian shoppers.

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 positive fuel efficiency and comfort. For you, that makes it a compelling choice if you want a full-size pickup with a more modern cabin, broad capability, and useful technology. The market also looks reasonably accessible, with 34.1% of listings marked as good or great deals.

Is the 2022 Chevrolet Silverado 1500 reliable?

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

The user feedback also points to dependable day-to-day ownership traits, with owners highlighting its smooth ride and strong performance. Comments about good value for money and positive fuel efficiency suggest it can be a truck you feel comfortable counting on over time. For used buyers, the main long-term ownership risk is making sure the specific truck you choose has the features and condition you expect.

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 carefully and still find worthwhile options.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 929 listings available.
• Price trend: Prices have softened 13.23% 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 $41,275 CAD sits slightly below last year's $47,570 CAD.

That softer pricing can help you buy more truck for the money today, but it also means future sellers may face a more competitive resale environment if prices stay under pressure. If you plan to own it for several years, the current market gives you a lower entry point, which can help offset some depreciation. 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:

• 34.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.23% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $36,078 CAD, the 2021 costs less than the current year's $41,275 CAD average.
• It has loyal owner support and strong practical appeal.

Consider the 2023 if:

• At $47,070 CAD, the 2023 costs more than the current year's $41,275 CAD average.
• It adds power upgrades for the optional Duramax diesel and a new ZR2 Bison off-road configuration.

The bottom line: The 2022 is the best all-around path if you want the refreshed cabin, strong owner satisfaction, and a market that currently favours shoppers. If your priority is saving money, the 2021 is the better secondary path; if you want the newer-year premium and added upgrades, the 2023 is the step up to compare.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.