Used 2016 Honda HR-V for Sale nearLondon, ON

How much does the 2016 Honda HR-V cost?

Prices have softened 11.32% compared to this time last year, making it a favourable time to shop this model year.

There are 87 listings available, which gives you a reasonable amount of choice in the used market.

Is the 2016 Honda HR-V a good car?

Yes — the 2016 Honda HR-V earns a 4.56/5 user rating, which points to strong owner satisfaction. Owners commonly praise its good value, smooth driving, and spaciousness, and the passenger mirror camera is another feature that stands out in feedback. It also fits well if you want a practical subcompact crossover with SUV versatility in a small-car footprint. With 37.9% of listings marked as good or great deals, you still have a fair number of attractive options to compare.

Is the 2016 Honda HR-V reliable?

Owners rate it 4.56/5, a strong signal of long-term satisfaction.

Owner feedback also highlights reliability as one of the vehicle’s strengths, alongside its good value and smooth driving character. That said, some owners mentioned occasional starting issues tied to non-standard keys, so you should still check that the vehicle starts cleanly and behaves consistently during a test drive.

For used buyers, the main long-term ownership risk is making sure any prior starting or drivability concerns have been addressed before you commit.

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

This looks like a moderate market for selective buyers, with enough inventory to shop carefully and enough deal activity to reward patience.

• Deal availability: 37.9% of listings are priced as good or great deals.
• Inventory: There are 87 listings available.
• Price trend: Prices have softened 11.32% compared with last year.

If you find a listing below $14,281 CAD, that's toward the low end of the year-round range and worth acting on quickly.

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

The current average of $14,403 CAD sits slightly below last year's $16,241 CAD.

That kind of price movement suggests the market has become more buyer-friendly, which can make resale planning a little more competitive for future sellers. If you buy now, you may be entering at a softer point in the pricing cycle, which can help limit your upfront cost. For a seller later on, the key will be presenting a well-kept example that stands out in a market where buyers have choices.

Vehicles with strong owner satisfaction ratings, like this model year's 4.56/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Honda HR-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:

• 37.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.32% compared with last year.
• Owners rate it 4.56/5 — a strong satisfaction signal.

The bottom line: If you want a practical, value-focused used subcompact crossover with strong owner approval, the 2016 HR-V is a sensible choice. You should prioritise this year if you like the combination of versatility, space, and current pricing. If you are especially price-sensitive, you can also keep shopping nearby model years and compare condition, mileage, and deal quality to see whether another year offers a better fit.

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