Used 2022 Ford Mustang for Sale nearPeterborough, ON

How much does the 2022 Ford Mustang cost?

Prices have softened 2.12% compared to this time last year, making it a favourable time to shop this model year.

There are 159 listings available, which gives you a modest amount of choice in the used market.

Is the 2022 Ford Mustang a good car?

Yes — the 2022 Ford Mustang earns a 4.78/5 user rating, which points to strong owner satisfaction. Owners consistently praise its performance, handling, and styling, and many also value the manual transmission option and the fun driving experience it delivers. If you want a sporty coupe or convertible with broad configuration choice and everyday usability, this model year fits that brief well. With 28.9% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2022 Ford Mustang reliable?

Owners rate it 4.78/5, a strong signal of long-term satisfaction.

The owner feedback also points to a car that feels dependable in the ways enthusiasts care about most, especially when it comes to performance and driving enjoyment. Many reviews describe it as a trouble-free, satisfying ownership experience, with the kind of long-term appeal that keeps buyers interested. For used shoppers, the main ownership risk is making sure the specific car you choose has a clean repair history and has been maintained carefully.

Is now a good time to buy a used 2022 Ford Mustang?

This is a moderate market for selective buyers, so you can shop with some leverage if you are patient and compare examples carefully.

• Deal availability: 28.9% of listings are priced as good or great deals.
• Inventory: There are 159 listings available.
• Price trend: Prices have softened 2.12% compared with last year.

If you find a listing below $40,874 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2022 Ford Mustang's resale value?

The current average of $42,857 CAD sits slightly below last year's $43,785 CAD.

That softer pricing suggests the market has already adjusted a bit, which can help you as a buyer but may temper short-term gains if you plan to resell soon. If you buy well and keep the car in strong condition, you should be better positioned when it comes time to sell. The Mustang's broad appeal and enthusiast following help support demand, especially for well-kept examples with desirable equipment.

Vehicles with strong owner satisfaction ratings, like this model year's 4.78/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2022 Ford Mustang 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:

• 28.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 2.12% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.

The bottom line: If you want a used Mustang with strong owner approval, a broad mix of body styles and powertrains, and a market that still offers some deal opportunities, the 2022 is a solid primary choice. If your priority is stretching your budget further, you can also compare nearby years and focus on the best-priced, best-maintained example rather than the newest one available.

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