Used 2016 Honda CR-V for Sale nearLondon, ON

How much does the 2016 Honda CR-V cost?

Prices have softened 8.18% compared to this time last year, making it a favourable time to shop this model year.

There are 456 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2016 Honda CR-V a good car?

Yes — the 2016 Honda CR-V earns a 4.53/5 user rating, which points to strong owner satisfaction. Owners consistently praise its reliability, comfortable interior, and good fuel economy, and many also value its spaciousness and useful features for daily driving. In practical terms, it suits you well if you want a roomy, efficient family vehicle that prioritises comfort and usefulness over flash. With 27.0% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Honda CR-V reliable?

Owners rate it 4.53/5, a strong signal of long-term satisfaction.

The owner feedback also highlights reliability, with many drivers describing it as dependable and a vehicle they can count on over time. That reputation is reinforced by comments about its good fuel economy and everyday practicality, which matter when you plan to keep a used vehicle for the long haul. For used buyers, the main ownership risk is less about outright durability and more about finding one that has been maintained well and still feels solid in daily use.

Is now a good time to buy a used 2016 Honda CR-V?

This looks like a moderate, selective buyer’s market, so you can afford to compare listings carefully before moving quickly.

• Deal availability: 27.0% of listings are priced as good or great deals.
• Inventory: There are 456 listings available.
• Price trend: Prices have softened 8.18% compared with last year.

If you find a listing below $15,989 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Honda CR-V's resale value?

The current average of $16,143 CAD sits slightly below last year's $17,581 CAD.

That price movement suggests the market has already adjusted downward, which can make the model easier to buy now but may limit near-term upside for a future seller. If you own one, the softer pricing trend means resale value is more likely to depend on condition, mileage, and maintenance history than on broad market momentum. Even so, a well-kept example should still appeal to shoppers looking for a practical compact crossover with a strong reputation.

Vehicles with strong owner satisfaction ratings, like this model year's 4.53/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Honda CR-V 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:

• 27.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.18% compared with last year.
• Owners rate it 4.53/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $14,908 CAD, the 2015 costs less than the current year's $16,143 CAD average.
• It blends practicality, reliability, and efficiency in a roomy package.

The bottom line: Choose the 2016 if you want the stronger current-market balance of price, deal availability, and owner satisfaction. If your priority is spending less upfront, the 2015 is the better value path, especially if you find one in good condition with a solid service history.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.