Used 2022 Ford Mustang for SaleNationwide

How much does the 2022 Ford Mustang cost?

Prices have softened 5.74% compared to this time last year, making it a favourable time to shop this model year.

There are 160 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. For you, that makes it a strong fit if you want a sporty coupe or convertible with real enthusiast appeal and everyday usability. With 35.6% 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 points to a car that many drivers find dependable and enjoyable over time, especially when it comes to the driving experience and overall ownership satisfaction. That said, used buyers should still pay close attention to service records and any signs of past modifications, since those can affect long-term ownership risk.

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

The market looks moderately favourable for selective buyers, especially if you are willing to compare listings carefully.

• Deal availability: 35.6% of listings are priced as good or great deals.
• Inventory: There are 160 listings available.
• Price trend: Prices have softened 5.74% 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 $42,198 CAD sits slightly below last year's $44,768 CAD.

That softer pricing suggests the model has already absorbed some of its recent depreciation, which can help future sellers if they buy at the right price today. Because the market is still active and there are enough listings to compare, your resale outcome will depend heavily on condition, mileage, and how well the car has been maintained. A well-kept example should remain easier to move than one with questionable history or heavy modifications.

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:

• 35.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.74% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.

The bottom line: The 2022 is a strong choice if you want the Mustang’s performance, styling, and enthusiast character with a market that is a bit more buyer-friendly than it was a year ago. If your priority is value, this year deserves a close look; if you are especially price-sensitive, you can also compare nearby model years to see whether a slightly older example offers a lower entry point with similar appeal.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.