Used 2016 Ford F-150 for Sale nearThunder Bay, ON

How much does the 2016 Ford F-150 cost?

Prices have softened 6.23% compared to this time last year, making it a favourable time to shop this model year.

There are 427 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 4.6/5 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, along with the smooth ride and spacious interior. The turbo V6 engines are a recurring highlight, and the truck’s upscale feel lines up with its use case as a more refined pickup that still keeps its truck identity. For shoppers who want a luxury-leaning full-size light-duty pickup, that combination is a strong fit.

Only 25.1% of listings are priced as good or great deals, so the market has some value opportunities but still rewards careful comparison.

Is the 2016 Ford F-150 reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction.

User feedback points to a truck that many owners find dependable and worth counting on, especially for comfort and power over the long haul. The expert evaluation also describes it as a truck that can feel like a value despite its high price, which supports the idea that it delivers a durable ownership experience for the right buyer. Ford also notes that Consumer Reports rates the F-150 better than average for reliability.

For used buyers, the main long-term ownership risk is that age and mileage can make maintenance costs more noticeable, so a careful inspection and service-history review matter.

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

Key things to evaluate:

• Trim level: The Limited trim is the most luxurious version, with 22-inch wheels, satin-finish accents, caramel-coloured Mojave leather seats, genuine eucalyptus wood, and other upscale touches. The XL is much more basic, so you should pay close attention to feature gaps if you are comparing lower trims with the higher-end versions.
• Powertrain: The F-150 uses a twin-turbocharged 3.5-litre EcoBoost V6 with 365 horsepower and 420 lb-ft of torque, paired with a six-speed automatic transmission and manual shift control. It is described as powerful and responsive, with strong towing ability and a Sport driving mode.
• Safety package: Ford offers adaptive cruise control with forward collision warning and brake support, plus available blind-spot monitoring with rear cross-traffic alert and a lane-keeping system. The lane-keeping system and forward-collision warning can produce false alerts, and brake support is not the same as automatic emergency braking.
• Infotainment: Sync 3 uses a capacitive touchscreen with swipe capability, improved voice recognition, Siri compatibility, and Wi-Fi software updates. A rear-view camera is standard, navigation is available, and Ford also offers a 360-degree camera system.
• Fuel efficiency: Ford says there are no official fuel-economy figures for this configuration from Natural Resources Canada, and the truck returned 14.0 L/100 km on the test loop.

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 entry point, and it makes sense if you want the F-150 name and core capability without paying for the luxury upgrades that define the higher trims.
• XLT: This is the best-value trim for many shoppers because it adds more everyday comfort and convenience while staying well below the premium end of the range.
• Lariat: This is the right step up if you want a more upscale cabin and a stronger mix of comfort and equipment for daily use.
• King Ranch: Choose this if you want a more distinctive, premium-feeling truck with a richer presentation and a stronger luxury lean.
• Platinum: This trim is aimed at buyers who want a high-end pickup with a more polished look and a long list of upscale features.
• Limited: This is the top luxury choice, with the most lavish materials and the most attention-grabbing equipment, but it is also the most expensive.

The safety package includes adaptive cruise control with forward collision warning and brake support, plus available blind-spot monitoring with rear cross-traffic alert and lane-keeping assist.

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

This is a moderate market for selective buyers, with some room to find value if you compare listings carefully.

• Deal availability: 25.1% of listings are priced as good or great deals.
• Inventory: There are 427 listings available.
• Price trend: Prices have softened 6.23% compared with last year.

If you find a listing below $20,446 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 $20,701 CAD sits slightly below last year's $22,077 CAD.

That softer pricing trend suggests the truck has become a little easier for buyers to access, which can put some pressure on future resale expectations if you are planning to sell later. At the same time, the current market still shows meaningful demand, so well-kept examples should remain easier to move than neglected ones. Higher-trim trucks may still appeal to shoppers looking for a luxury-leaning pickup, which can help support value.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, 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 a five-star overall rating from NHTSA, along with a four-star rollover resistance rating.

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

Ford includes 911 Assist through Sync, which can automatically contact emergency responders after a crash if a paired device is in the vehicle and the airbags deploy. Available driver-assistance features include adaptive cruise control with forward collision warning and brake support, blind-spot monitoring with rear cross-traffic alert, and lane-keeping assist. The truck does not qualify for Top Safety Pick+ because it lacks 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:

• 25.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.23% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.
• The 2016 model stands out for its luxury-leaning Limited trim, Sync 3 infotainment, and strong safety results.

The bottom line: If you want a used full-size pickup that feels more upscale than most rivals, the 2016 F-150 is the better path. If your priority is stretching your budget further, a nearby year may still be worth a look, but the 2016 stands out for its mix of comfort, capability, and broad market availability.

How does the 2016 Ford F-150 compare to the 2016 Chevrolet Silverado 1500?

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