Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 12.56% compared to this time last year, making it a favourable time to shop this model year.

There are 947 listings available, which gives you a solid amount of inventory to compare.

Is the 2022 Chevrolet Silverado 1500 a good car?

Generally — the 4.28/5 user rating suggests you should feel reasonably confident shopping this truck. Owners commonly praise its powerful engines, smooth rides, and good value for money, while also noting strong performance from the 6.2L and Duramax engines plus comfort and fuel efficiency. For you, that makes it a strong fit if you want a full-size pickup with broad capability and a more modern cabin, especially in higher trims with the updated infotainment setup. 32.5% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2022 Chevrolet Silverado 1500 reliable?

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

The owner feedback points to a truck that many drivers find dependable, with praise for its strong engines and comfortable day-to-day use. That kind of response usually matters if you want a used full-size pickup you can count on over time. For used buyers, the main long-term ownership risk is less about satisfaction and more about finding one that has been maintained well and not overworked.

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: 32.5% of listings are priced as good or great deals.
• Inventory: There are 947 listings available.
• Price trend: Prices have softened 12.56% compared with last year.

If you find a listing below $41,212 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 $41,279 CAD sits slightly below last year's $47,208 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy with less risk of immediate overpaying. If you sell later, the softer current pricing may limit upside compared with a stronger market, but it can also make the truck easier to move if it remains competitively priced. 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:

• 32.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.56% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,867 CAD, the 2021 costs less than the current year's $41,279 CAD average.
• It offers broad owner approval and a comfortable ride.

Consider the 2023 if:

• At $46,546 CAD, the 2023 costs more than the current year's $41,279 CAD average.
• It adds upgraded Duramax diesel power and a new ZR2 Bison off-road option.

The bottom line: If you want the best balance of updated cabin tech, broad capability, and a more favourable price trend, the 2022 is the primary path to consider. If your priority is saving money first, the 2021 is the better secondary option, while the 2023 makes sense if you want the newer upgrades and are willing to pay more.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.