Used 2016 Ford F-150 for Sale nearLondon, ON

How much does the 2016 Ford F-150 cost?

Prices have softened 8.61% compared to this time last year, making it a favourable time to shop this model year.

There are 412 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2016 Ford F-150 a good car?

Yes — the 2016 Ford F-150 earns a 4.62/5 user rating and an 8.5/10 expert rating. The standout strength is Form and function at 10/10.

Drivers consistently praise its comfort, power, and variety of features, with the smooth ride and spacious interior coming up often. The powerful engines, especially the turbo V6, are another recurring highlight, and the truck’s luxury-leaning setup fits well if you want a pickup that feels more refined without losing its work-ready identity.

For shoppers who want a truck that can do daily-duty hauling while still feeling upscale, the 2016 F-150’s mix of comfort, capability, and feature content is a strong fit. It also looks like a favourable market to shop, with 27.2% of listings marked as good or great deals.

Is the 2016 Ford F-150 reliable?

Owners rate it 4.62/5, a strong signal of long-term satisfaction.

The owner feedback points to a truck that many drivers feel good about living with over time, especially because they repeatedly mention comfort, power, and a broad feature set. The review summary also highlights the turbo V6 as a frequent strength, which supports the impression that the truck is dependable in everyday use when properly maintained.

Ford’s own performance notes also reinforce that sense of durability, with the truck described as confident, responsive, and able to handle hard use without losing composure. On the cost side, Ford notes that its reliability is better than average, and the model’s first scheduled maintenance visit is on the house.

For used buyers, the main long-term ownership risk is age-related wear, so a careful service-history check matters more than chasing low mileage alone.

What should I look for when buying a used 2016 Ford F-150?

Key things to evaluate:

• Trim level: The Limited trim is the luxury-focused version, with 22-inch wheels, satin-finish accents, Mojave leather, eucalyptus wood trim, and other upscale touches that set it apart from the more work-oriented trims. Lower trims are much more basic, so you should check whether the truck you’re considering has the comfort and appearance equipment you want.
• Powertrain: The standard twin-turbocharged 3.5-litre EcoBoost V6 delivers 365 horsepower and 420 lb-ft of torque, and it is paired with a six-speed automatic transmission with manual shift control and a Sport driving mode. Ford also notes a choice between two turbocharged V6 engines or a V8 engine.
• Safety package: Ford offers adaptive cruise control with forward collision warning and brake support, plus blind-spot monitoring with rear cross-traffic alert and a lane-keeping system. Some of these features are available rather than standard, so you should confirm exactly what the truck has before you buy.
• Infotainment: Sync 3 uses a capacitive touchscreen with swipe capability, integrated Siri compatibility, and Wi-Fi software updates. A rear-view camera is standard, while built-in navigation is optional.
• Fuel efficiency: Ford says there are no official fuel economy figures for this configuration from Natural Resources Canada, but the test loop returned 14.0 L/100 km.

Which 2016 Ford F-150 trim should I buy?

The 2016 Ford F-150 is offered in 6 trim levels: XL, XLT, Lariat, King Ranch, Platinum, and Limited.

Here's the short version:

• XL: This is the most affordable path into the lineup, and it makes sense if you want the F-150’s core capability without paying for luxury extras. It is the trim to consider if value and basic truck utility matter most.
• XLT: This is the best-value choice for many shoppers because it sits in the middle of the range and should give you a better balance of equipment and price than the entry trim. If you want a more comfortable daily driver without jumping into premium pricing, this is the one to focus on.
• Lariat: This trim is the step up if you want a more upscale feel and more convenience equipment than the XLT. It suits you if you want a nicer cabin and more features but do not need the full luxury treatment.
• King Ranch: This is for buyers who want a more distinctive, premium truck with a stronger luxury lean. It makes sense if you care about appearance and comfort as much as capability.
• Platinum: This trim is aimed at shoppers who want a high-end truck with a more polished, premium presentation. It is a good fit if you want luxury features without going all the way to the top-priced Limited.
• Limited: This is the flagship choice and the one to buy if you want the most luxurious version of the 2016 F-150. It is the best match if you want the richest materials, the most upscale feel, and the strongest “luxury pickup” experience.

Ford’s safety content also notes that the truck is available with adaptive cruise control, forward collision warning, brake support, blind-spot monitoring with rear cross-traffic alert, and lane-keeping assistance, but some of those features are not standard on every trim.

Is now a good time to buy a used 2016 Ford F-150?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find decent opportunities.

• Deal availability: 27.2% of listings are priced as good or great deals.
• Inventory: There are 412 listings available.
• Price trend: Prices have softened 8.61% compared with last year.

If you find a listing below $20,461 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Ford F-150's resale value?

The current average of $20,921 CAD sits slightly below last year's $22,891 CAD.

That price movement suggests the market has cooled a bit, which can be helpful if you are buying now but less favourable if you plan to sell soon. A softer market usually means future sellers may need to price more competitively to attract attention, especially if their truck has higher mileage or fewer desirable features.

Even so, the F-150’s broad appeal and strong owner satisfaction should help support demand over time. Well-kept examples with the right equipment are likely to remain easier to move than trucks that feel stripped down or neglected.

Vehicles with strong owner satisfaction ratings, like this model year's 4.62/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Ford F-150 safe?

The 2016 Ford F-150 earns a Top Safety Pick rating from IIHS and five-star overall ratings from NHTSA, along with four-star rollover resistance ratings for both 2WD and 4WD models.

It earns a 9/10 safety score from our experts.

Ford includes 911 Assist through Sync, which can automatically contact emergency responders if the airbags deploy and a paired device is in the vehicle. The truck is also available with adaptive cruise control, forward collision warning, brake support, blind-spot monitoring with rear cross-traffic alert, and a lane-keeping system that can alert you to unintended lane departure and help prevent it.

One caveat is that the truck is not eligible for the IIHS Top Safety Pick+ rating because it does not have automatic emergency braking.

Should I buy a 2016 Ford F-150 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:

• 27.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.61% compared with last year.
• Owners rate it 4.62/5 — a strong satisfaction signal.
• The 2016 stands out for its luxury-leaning Limited trim, Sync 3 upgrade, and strong safety performance.

The bottom line: If you want a used F-150 that blends upscale features with strong owner satisfaction and a softer price trend, the 2016 is a compelling choice. If you are especially price-sensitive, you may want to keep shopping and compare nearby years, but the 2016 offers a strong mix of comfort, capability, and market value.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.