Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 12.04% compared to this time last year, making it a favourable time to shop this model year.

There are 989 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 satisfaction. 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 serious capability and a more modern cabin than earlier versions. With 32.1% of listings marked as good or great deals, there is still some room to 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 feels dependable in everyday use, with praise for its strong engines and comfortable driving experience. Comments about good value and smooth operation suggest many buyers feel confident living with it over time. For used buyers, the main long-term ownership risk is making sure the truck you choose has been maintained well, especially if it has seen hard work or heavy towing.

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 are patient and compare listings closely.

• Deal availability: 32.1% of listings are priced as good or great deals.
• Inventory: There are 989 listings available.
• Price trend: Prices have softened 12.04% compared with last year.

If you find a listing below $41,146 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 $41,146 CAD sits slightly below last year's $46,780 CAD.

That softer pricing can help you buy more truck for your money today, but it also means future resale values may face some pressure if the market stays competitive. If you plan to sell later, buying closer to the lower end of the range gives you more cushion against depreciation. Strong demand for well-equipped full-size pickups should still help keep this model relevant with used shoppers.

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:

• 32.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.04% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,565 CAD, the 2021 costs less than the current year's $41,146 CAD average.
• It offers a proven, broadly appealing package with strong sales support.

Consider the 2023 if:

• At $46,619 CAD, the 2023 costs more than the current year's $41,146 CAD average.
• It adds power upgrades for the optional Duramax diesel and a new ZR2 Bison configuration.

The bottom line: The 2022 is the best all-around pick if you want the refreshed cabin and a strong mix of capability and value. If your priority is saving money, the 2021 is the smarter budget path; if you want newer features and are willing to pay more, the 2023 is the upgrade route.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.