Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 13.00% compared to this time last year, making it a favourable time to shop this model year.

There are 1,012 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 a truck that many owners feel delivers strong overall value. Drivers commonly praise its powerful engines, smooth ride, 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 31.7% 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 smooth driving manners. Comments about comfort and value reinforce the sense that many buyers feel confident living with it over time. For used buyers, the main long-term ownership risk is making sure the specific truck you choose has been maintained well and matches the equipment level 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 with some leverage if you stay patient.

• Deal availability: 31.7% of listings are priced as good or great deals.
• Inventory: There are 1,012 listings available.
• Price trend: Prices have softened 13.00% compared with last year.

If you find a listing below $40,615 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 $40,615 CAD sits slightly below last year's $46,682 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently today but may limit near-term upside if you plan to resell soon. If prices stay soft, future sellers may need to be more competitive on asking price to stand out. Even so, trucks with broad appeal and strong owner satisfaction often keep a healthy pool of interested buyers.

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:

• 31.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.00% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,573 CAD, the 2021 costs less than the current year's $40,615 CAD average.
• It offers a proven, broadly appealing truck with strong sales and loyal buyers.

Consider the 2023 if:

• At $46,451 CAD, the 2023 costs more than the current year's $40,615 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 pick if you want the refreshed cabin and a strong mix of capability and modern features without stepping up to the pricier 2023. If your priority is saving money, the 2021 is the better secondary path, especially if you can live with its older interior and want a lower entry price.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.