Used 2022 Ford Mustang for Sale nearScarborough, ON

How much does the 2022 Ford Mustang cost?

Prices have softened 7.02% compared to this time last year, making it a favourable time to shop this model year.

There are 164 listings available, which suggests a reasonable amount of inventory for you to compare.

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 appreciate the manual transmission option and the fun driving experience it delivers. For you, that makes it a strong fit if you want a sporty coupe or convertible with broad configuration choice and everyday usability. With 34.1% 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 many drivers find dependable and enjoyable over time, especially when it comes to the Mustang’s performance character and driving experience. That said, used buyers should still pay close attention to repair history and maintenance records, since long-term ownership risk can vary a lot from one example to another.

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

This looks like a moderate, selective buyer’s market, so you can afford to compare listings carefully rather than rushing into the first car you see.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 164 listings available.
• Price trend: Prices have softened 7.02% compared with last year.

If you find a listing below $40,882 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 $42,096 CAD sits slightly below last year's $45,275 CAD.

That softer pricing can be helpful if you are buying now, but it also means future sellers may need to be realistic about where the market is headed. If prices continue to ease, your resale value could be more sensitive to condition, mileage, and trim choice. Strong presentation and a clean history will matter more when the market is already moving down.

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:

• 34.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.02% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.

The bottom line: You should focus on the 2022 if you want a Mustang with strong owner approval, a broad mix of body styles and powertrains, and a market that is giving you some negotiating room. If you are especially price-sensitive, a nearby model year may also be worth comparing, but the 2022 is the better starting point when you want a balance of desirability and current value.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.