Used 2016 Kia Soul for Sale nearConcord, ON

How much does the 2016 Kia Soul cost?

Prices have softened 12.65% compared to this time last year, making it a favourable time to shop this model year.

There are 119 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2016 Kia Soul a good car?

Yes — the 2016 Kia Soul earns a 4.6/5 user rating, which points to strong owner satisfaction. Owners consistently praise its spacious interior, great gas mileage, and solid performance, while also highlighting its comfort and handling. That lines up well with the Soul’s role as a quirky but practical subcompact hatchback, especially if you want something compact that still feels roomy and useful day to day. With 27.7% of listings marked as good or great deals, you also have a decent chance of finding a competitively priced example.

Is the 2016 Kia Soul reliable?

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

The owner feedback also points to a dependable, trouble-free ownership experience for many shoppers, with praise centred on comfort, efficiency, and everyday usability. That kind of long-term approval matters if you want a used vehicle you can count on rather than one that feels like a gamble. For used buyers, the main ownership risk is less about broad reliability concerns and more about finding the right example with the features and condition you want.

Is now a good time to buy a used 2016 Kia Soul?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 27.7% of listings are priced as good or great deals.
• Inventory: There are 119 listings available.
• Price trend: Prices have softened 12.65% compared with last year.

If you find a listing below $8,975 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Kia Soul's resale value?

The current average of $9,337 CAD sits slightly below last year's $10,689 CAD.

That price movement suggests the 2016 Soul has become more accessible for buyers, but it also means a future seller may need to price carefully to stay competitive. If you buy at today’s average, there is less room for appreciation and more emphasis on holding value through condition, mileage, and equipment. The Soul’s strong owner satisfaction should help support demand, but resale will still depend on how well your specific vehicle stands out in a fairly active market.

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.

Should I buy a 2016 Kia Soul 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:

• 27.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.65% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

The bottom line: The 2016 Kia Soul makes the most sense if you want a value-focused used hatchback with a strong owner satisfaction record and a market that still offers some deal opportunities. If your priority is stretching your budget as far as possible, a nearby year may be worth comparing, but the 2016 is a sensible primary target when you want a good mix of price, practicality, and buyer appeal.

How does the 2016 Kia Soul compare to the 2016 Honda HR-V?

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