Used 2016 Honda HR-V for Sale nearToronto, ON

How much does the 2016 Honda HR-V cost?

Prices have softened 13.44% compared to this time last year, making it a favourable time to shop this model year.

There are 89 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 versatile cabin layout is especially appealing if you want a practical crossover for urban driving or small-family use. The Magic Seat system adds flexibility for passengers and cargo, which helps the HR-V stand out if you need a compact vehicle that can adapt to everyday errands and weekend hauling. With 31.5% of listings marked as good or great deals, you still have a decent chance of finding a competitively priced example.

Is the 2016 Honda HR-V reliable?

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

The owner feedback also points to reliability as one of the HR-V’s strengths, with many drivers specifically calling out the vehicle’s dependable nature. That kind of repeat praise matters because it suggests the HR-V is the sort of used vehicle you can count on for regular commuting and daily use. For used buyers, the main long-term ownership risk is making sure the specific vehicle has been maintained properly, especially if it has seen hard use or inconsistent servicing.

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

This looks like a moderate, selective buyer’s market, so you can be patient and still find a solid example.

• Deal availability: 31.5% of listings are priced as good or great deals.
• Inventory: There are 89 listings available.
• Price trend: Prices have softened 13.44% compared with last year.

If you find a listing below $14,200 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 $14,341 CAD sits slightly below last year's $16,567 CAD.

That price movement suggests the HR-V has become more affordable for buyers, but it also means a future seller may face a softer market than owners saw a year ago. If you buy now, the lower entry price can help offset some depreciation risk, especially if you choose a well-kept example with strong service history. Because the model still has broad appeal as a practical, value-focused crossover, demand should remain reasonably steady for clean, well-priced listings.

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:

• 31.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.44% compared with last year.
• Owners rate it 4.56/5 — a strong satisfaction signal.

The bottom line: The 2016 Honda HR-V makes sense if you want a practical, value-oriented small crossover and you find one with a clean history at a fair price. If you’re more price-sensitive, it’s worth comparing nearby model years and focusing on whichever one gives you the best combination of condition, mileage, and asking price rather than chasing the newest badge alone.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.