Used 2016 Ford Explorer for Sale nearConcord, ON

How much does the 2016 Ford Explorer cost?

Prices have softened 6.13% compared to this time last year, making it a favourable time to shop this model year.

There are 255 listings available, which suggests you have a decent amount of inventory to compare.

Is the 2016 Ford Explorer a good car?

Generally — the 2016 Ford Explorer earns a 4.3/5 user rating, which points to solid owner satisfaction. Drivers commonly praise its spacious interior, smooth ride, and strong performance, and many also like its comfort and features. It fits well if you want a roomy, family-friendly utility vehicle with a more contemporary feel and available all-wheel drive. With 23.1% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Ford Explorer reliable?

Owners rate it 4.3/5, a solid signal of long-term satisfaction.

User feedback also points to a vehicle that can feel dependable in day-to-day use, with owners highlighting its comfort, smooth ride, and strong performance. At the same time, some drivers mention reliability and quality concerns, so you should pay close attention to service records and overall condition when shopping used. For long-term ownership, that means the safest buy is a well-maintained example with clear history and no signs of deferred maintenance.

Is now a good time to buy a used 2016 Ford Explorer?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient and compare listings carefully.

• Deal availability: 23.1% of listings are priced as good or great deals.
• Inventory: There are 255 listings available.
• Price trend: Prices have softened 6.13% compared with last year.

If you find a listing below $14,759 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Ford Explorer's resale value?

The current average of $15,177 CAD sits slightly below last year's $16,168 CAD.

That softer pricing suggests the market has already adjusted downward, which can help you buy more confidently now but may also limit short-term upside if you plan to resell soon. For a future seller, the key takeaway is that value retention will depend heavily on condition, mileage, and maintenance history rather than just the badge. Well-kept examples should still attract family buyers looking for space and features at a reasonable price.

Vehicles with solid owner satisfaction ratings, like this model year's 4.3/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Ford Explorer or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 23.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.13% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: The 2016 Explorer makes sense if you want a roomy, feature-rich family SUV and you find a clean example at a competitive price. If you are especially price-sensitive, a nearby year may be worth considering, but the 2016 remains a sensible target when condition, service history, and deal quality line up.

How does the 2016 Ford Explorer compare to the 2016 Chevrolet Traverse?

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.