Used 2016 Honda HR-V for Sale near Niagara Falls, ON

How much does the 2016 Honda HR-V cost?

Prices have softened 14.05% compared to this time last year, making it a favourable time to shop this model year.

There are 83 listings available, which suggests a reasonable amount of inventory for shoppers comparing options.

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 versatile layout makes it especially appealing if you want a practical crossover for urban driving or small-family use. The model’s flexible cabin and useful features help it stand out as an easy-to-live-with choice. With 34.9% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Honda HR-V reliable?

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

The owner feedback also highlights reliability as one of the vehicle’s strengths, alongside its good value and smooth driving character. That kind of repeat praise matters if you want a used crossover you can count on for everyday use. For used buyers, the main long-term ownership risk is making sure the specific vehicle has been maintained properly and does not show signs of the issues some owners have mentioned.

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

This is a moderate market for selective buyers, so it makes sense to compare listings carefully and move quickly on the best-priced examples.

• Deal availability: 34.9% of listings are priced as good or great deals.
• Inventory: There are 83 listings available.
• Price trend: Prices have softened 14.05% compared with last year.

If you find a listing below $14,187 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 $14,187 CAD sits slightly below last year's $16,507 CAD.

That price movement suggests the market has already adjusted downward, which can make the HR-V more attractive to buyers today but may also limit upside for a future seller if prices stay soft. If you buy at the lower end of the current range, you may have a better chance of protecting your value later. The model’s broad appeal and practical reputation should help support demand, but resale will still depend on condition, mileage, and maintenance history.

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:

• 34.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.05% compared with last year.
• Owners rate it 4.56/5 — a strong satisfaction signal.

The bottom line: The 2016 Honda HR-V makes the most sense if you want a practical, value-focused small crossover and you find one priced near the lower end of the market. If you are especially price-sensitive, keep an eye on similarly equipped nearby model years and compare condition, because the best deal may come down to the individual listing rather than the badge on the tailgate.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.