Used 2016 Kia Soul for Sale nearEtobicoke, ON

How much does the 2016 Kia Soul cost?

Prices have softened 15.34% compared to this time last year, making it a favourable time to shop this model year.

There are 119 listings available, which suggests a decent 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 the spacious interior, great gas mileage, comfort, handling, and affordability. That lines up well with its role as a quirky, practical subcompact hatchback that is meant to be easy to live with and different from the usual small-car crowd. With 29.4% of listings marked as good or great deals, you still have a meaningful share of attractive options to consider.

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 ownership experience, with praise for the car’s comfort, fuel economy, and solid performance. That kind of repeat satisfaction usually suggests a used vehicle that many drivers have found easy to count on over time. For used buyers, the main long-term risk is less about outright reliability and more about finding one that has been maintained well and still has the features 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 listings.

• Deal availability: 29.4% of listings are priced as good or great deals.
• Inventory: There are 119 listings available.
• Price trend: Prices have softened 15.34% 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 $9,180 CAD sits slightly below last year's $10,844 CAD.

That price movement suggests the market has already adjusted downward, which can make the Soul more appealing to used buyers now, but it also means future sellers may face a softer resale environment than they would have a year ago. If you buy at the right price, you may reduce the risk of taking a bigger depreciation hit later. The Soul’s broad appeal as a practical, distinctive small car should help keep demand steady, especially among shoppers who value space and affordability.

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:

• 29.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.34% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

The bottom line: The 2016 Soul makes sense if you want the model’s roomy cabin, distinctive styling, and value-focused ownership experience at a lower used price than newer examples. If you are especially price-sensitive, the 2016 is a sensible target because the market has softened and there are still plenty of listings to compare. If you want to stretch for a newer year, you may find more equipment or a fresher feel, but the 2016 remains the better value play for many shoppers.

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

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.