Used 2016 Ford Explorer for Sale nearLondon, ON

How much does the 2016 Ford Explorer cost?

Prices have softened 4.63% compared to this time last year, making it a favourable time to shop this model year.

There are 253 listings available, which suggests you should have a reasonable 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, especially the handling and power of the Sport model. For you, that makes it a sensible pick if you want a roomy, family-friendly utility vehicle with a more contemporary feel and a broad feature set. With 23.7% of listings marked as good or great deals, there is still some market flexibility if you shop carefully.

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 many owners highlighting a comfortable, trouble-free ownership experience. At the same time, some drivers mention reliability and quality concerns, so you should pay close attention to service records and condition before buying. For used shoppers, that means long-term ownership risk is manageable only if the specific vehicle has been well maintained.

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 patiently and still find worthwhile options.

• Deal availability: 23.7% of listings are priced as good or great deals.
• Inventory: There are 253 listings available.
• Price trend: Prices have softened 4.63% compared with last year.

If you find a listing below $14,756 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 $15,205 CAD sits slightly below last year's $15,943 CAD.

That softer pricing suggests the market has eased, which can be a mixed signal for future resale. If you buy now, you may benefit from a lower entry price, but you should also expect resale gains to be more limited if the market stays soft. The Explorer’s broad appeal as a family SUV helps support demand, especially when the vehicle is well equipped and in good condition.

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:

• 23.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.63% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: The 2016 is a good choice if you want a roomy, feature-rich Explorer at a softer used price, especially if you value the combination of comfort, space, and everyday practicality. If you are more price-sensitive, a nearby model year may still make sense, but the 2016 gives you a balanced mix of value and owner approval.

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

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.