Used 2016 Ford Explorer for Sale nearMississauga, ON

How much does the 2016 Ford Explorer cost?

Prices have softened 8.04% compared to this time last year, making it a favourable time to shop this model year.

There are 264 listings available, which suggests a healthy amount of inventory for you 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 most often praise its spacious interior, smooth ride, and strong performance, and many also like the 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-focused midsize SUV with broad everyday usefulness. With 26.9% of listings marked as good or great deals, there’s also a decent amount of market value to work with.

Is the 2016 Ford Explorer reliable?

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

The owner feedback points to a vehicle that many people find dependable in day-to-day use, with comfort and performance standing out over time. At the same time, some drivers mention reliability and quality concerns, so you should pay close attention to service records and the condition of any used example you consider. For used buyers, that means long-term ownership risk looks manageable, but only if you shop carefully and avoid neglected vehicles.

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

This looks like a moderate, selective buyer’s market, so you can afford to be choosy without waiting forever for the right listing.

• Deal availability: 26.9% of listings are priced as good or great deals.
• Inventory: There are 264 listings available.
• Price trend: Prices have softened 8.04% 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 $15,251 CAD sits slightly below last year's $16,585 CAD.

That softer pricing can be a good entry point for you as a buyer, but it also means future resale gains may be more limited if the market stays soft. If you plan to sell later, buying well matters more than usual because your eventual return will depend heavily on how much room you leave between purchase price and market average. 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:

• 26.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.04% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: If you want a roomy, family-friendly SUV with strong owner satisfaction and a market that currently gives you some negotiating room, the 2016 is a reasonable primary target. If your priority is stretching your budget further, a nearby year with a lower average price may be the better secondary path, especially if you’re willing to trade some of the 2016’s market position for a cheaper entry point.

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

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