Used 2022 Chevrolet Silverado 1500 for Sale near Prince Edward Island

How much does the 2022 Chevrolet Silverado 1500 cost?

Prices have softened 12.92% compared to this time last year, making it a favourable time to shop this model year.

There are 1,054 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 good about this truck if you want a full-size pickup with broad appeal. Drivers repeatedly point to its powerful engines, smooth ride, and good value for money, while also praising the comfort and fuel efficiency of certain powertrains. That lines up well if you want a capable truck that can handle work duties and everyday driving. With 32.6% of listings marked as good or great deals, you still have room to shop selectively.

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 dependable ownership experience, with drivers highlighting strong performance and comfort over time. The repeated praise for the engines and the smooth ride suggests this is a truck many owners feel they can count on. For used buyers, the main long-term risk is finding a truck that was not maintained as carefully as its reputation suggests.

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 patiently and still find worthwhile options.

• Deal availability: 32.6% of listings are priced as good or great deals.
• Inventory: There are 1,054 listings available.
• Price trend: Prices have softened 12.92% compared with last year.

If you find a listing below $40,436 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 $40,436 CAD sits slightly below last year's $46,437 CAD.

That softer pricing can help you buy in at a more attractive level today, but it also means future resale gains may be more limited if the market stays soft. If you plan to sell later, the current trend suggests you should focus on condition, mileage, and trim desirability to protect value. Trucks with strong demand and broad appeal tend to recover better when the market tightens.

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:

• 32.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.92% compared with last year.
• Owners rate it 4.28/5 — a solid satisfaction signal.

Consider the 2021 if:

• At $35,515 CAD, the 2021 costs less than the current year's $40,436 CAD average.
• It offers a proven package with loyal buyers and strong sales support.

Consider the 2023 if:

• At $46,087 CAD, the 2023 costs more than the current year's $40,436 CAD average.
• It adds power upgrades and a more trail-ready off-road option.

The bottom line: If you want the best balance of updated cabin tech, strong owner satisfaction, and a softer market price, the 2022 is the primary choice. If your priority is spending less, the 2021 is the better value 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 20, 2026, CarGurus experts' opinions, and generative AI.