Used 2022 Ford Mustang for Sale nearToronto, ON

How much does the 2022 Ford Mustang cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 151 listings available, which gives you a solid amount of inventory to compare before you buy.

Is the 2022 Ford Mustang a good car?

Yes — the 2022 Ford Mustang earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its performance, handling, and styling, and many also like the manual transmission option and the fun driving experience. That fits the Mustang’s role as a sporty coupe or convertible that can lean toward everyday usability or a more performance-focused feel. With 31.8% of listings marked as good or great deals, you have a meaningful number of attractive options to consider.

Is the 2022 Ford Mustang reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The owner feedback points to a car that many drivers find dependable in day-to-day use, with strong praise for performance and the overall driving experience. The repeated positive comments about the car’s character and enjoyment suggest that many owners feel confident living with it over time. For used buyers, the main long-term ownership risk is making sure the specific example you choose has been maintained carefully and checked for any issues before you commit.

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

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 31.8% of listings are priced as good or great deals.
• Inventory: There are 151 listings available.
• Price trend: Prices have held steady 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 $41,751 CAD sits slightly below last year's $42,001 CAD.

That small decline suggests the market has been fairly stable rather than sharply weakening. For a future seller, that kind of pricing pattern can be reassuring because it points to predictable demand instead of a sudden drop in value. The Mustang’s broad appeal and strong owner satisfaction should help support interest when it comes time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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:

• 31.8% of listings are priced as good or great deals.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

The bottom line: The 2022 is a strong choice if you want a Mustang with proven owner appeal, stable pricing, and enough listings to compare carefully. If you are especially price-sensitive, you may want to keep an eye on nearby model years and choose the best-priced example with the right condition and equipment.

How does the 2022 Ford Mustang compare to the 2022 Chevrolet Camaro?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.