Used 2016 Ford Explorer for Sale near Thornhill, ON

How much does the 2016 Ford Explorer cost?

Prices have softened 9.03% compared to this time last year, making it a favourable time to shop this model year.

There are 266 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 4.26/5 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 fit if you want a roomy, family-focused midsize SUV with a comfortable driving character and plenty of everyday utility. 22.6% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2016 Ford Explorer reliable?

Owners rate it 4.26/5, a solid signal of long-term satisfaction.

User feedback points to a vehicle that many owners find dependable enough for regular use, with praise centred on comfort, space, and overall satisfaction. At the same time, some drivers mention reliability and quality concerns, so you should pay close attention to maintenance history and condition when shopping used. For long-term ownership, that means the safest path is to prioritise well-documented examples and avoid assuming every used one will be trouble-free.

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: 22.6% of listings are priced as good or great deals.
• Inventory: There are 266 listings available.
• Price trend: Prices have softened 9.03% compared with last year.

If you find a listing below $14,762 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 $15,260 CAD sits slightly below last year's $16,775 CAD.

That price movement suggests the market has cooled, which can make the Explorer easier to buy now but may also limit upside for a future seller if values keep easing. If you plan to resell later, the current trend means your best protection is buying well and keeping the vehicle in strong condition. A lower entry price can help offset some depreciation, especially if you choose a clean example with good service records.

Vehicles with solid owner satisfaction ratings, like this model year's 4.26/5, 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:

• 22.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.03% compared with last year.
• Owners rate it 4.26/5 — a solid satisfaction signal.

The bottom line: The 2016 is a good pick if you want a roomy, comfortable, family-oriented SUV and you value a lower current price more than chasing the newest updates. If you are especially price-sensitive, the 2016 can make sense as a value play; if you want to compare across nearby years, focus on whichever example gives you the best combination of condition, history, and asking price.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.