Used 2016 Ford Explorer for SaleNationwide

How much does the 2016 Ford Explorer cost?

Prices have softened 11.73% compared to this time last year, making it a favourable time to shop this model year.

There are 271 listings available, which gives you a reasonable amount of inventory to compare before you buy.

Is the 2016 Ford Explorer a good car?

Generally — the 4.26/5 user rating suggests you can expect a well-liked SUV with broad appeal. 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 fit if you want a roomy, family-focused midsize SUV with a comfortable ride and plenty of everyday practicality. With 26.9% of listings marked as good or great deals, there is still some room to shop carefully.

Is the 2016 Ford Explorer reliable?

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

The feedback points to a vehicle that many owners find dependable enough for regular use, with some describing it as a strong long-term choice. At the same time, a few drivers mention reliability and quality concerns, so you should pay close attention to maintenance history and overall condition when shopping used. For long-term ownership, that means the risk is manageable, but a careful inspection matters more than usual.

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 closely.

• Deal availability: 26.9% of listings are priced as good or great deals.
• Inventory: There are 271 listings available.
• Price trend: Prices have softened 11.73% 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 $15,563 CAD sits slightly below last year's $17,631 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy more affordably now but may also limit upside if you plan to sell soon. If you purchase at the right price and keep the vehicle in strong condition, you may be better positioned to preserve value. The Explorer’s broad appeal as a family SUV should help support demand, but resale will still depend heavily on mileage, condition, and maintenance history.

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:

• 26.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.73% compared with last year.
• Owners rate it 4.26/5 — a solid satisfaction signal.

The bottom line: You should lean toward the 2016 if you want a roomy, family-friendly Explorer with strong owner satisfaction and a market that currently favours careful shoppers. If your priority is stretching your budget, this year looks especially worth considering because prices have eased and there are still plenty of listings to compare. If you are highly price-sensitive, you can also use the softer market to negotiate harder on well-kept examples.

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