Used 2016 Lexus NX for Sale nearOakville, ON

How much does the 2016 Lexus NX cost?

Prices have softened 8.43% compared to this time last year, making it a favourable time to shop this model year.

With 75 listings on the market, you have a reasonable amount of inventory to compare before you buy.

Is the 2016 Lexus NX a good car?

Generally — the 2016 Lexus NX earns 4.12/5 from owners, which points to a solid ownership experience. Owners consistently praise its comfortable cabin, timeless look, and good fuel economy, and the model’s premium feel helps it stand out if you want a compact luxury SUV that still feels distinctive. It also fits well if you value a vehicle that balances everyday comfort with a strong reputation for durability. With 25.3% of listings marked as good or great deals, there are still some attractive opportunities in the market.

Is the 2016 Lexus NX reliable?

Owners rate it 4.12/5, a solid signal of long-term satisfaction.

The owner feedback repeatedly highlights reliability, and the NX’s reputation for being dependable and trouble-free is a major part of its appeal. That kind of long-term confidence matters if you want a used luxury SUV you can count on. For used buyers, the main ownership risk is less about outright reliability and more about finding one that has been maintained properly and not worn down by age or heavy use.

Is now a good time to buy a used 2016 Lexus NX?

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

• Deal availability: 25.3% of listings are priced as good or great deals.
• Inventory: There are 75 listings available.
• Price trend: Prices have softened 8.43% compared with last year.

If you find a listing below $21,189 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Lexus NX's resale value?

The current average of $21,764 CAD sits slightly below last year's $23,769 CAD.

That softer pricing suggests the market has already adjusted downward, which can make the NX easier to buy now but may also limit short-term upside for a future seller. If you plan to resell later, the current trend means your return will depend more on condition, mileage, and maintenance history than on broad market momentum. Vehicles with solid owner satisfaction ratings, like this model year's 4.12/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Lexus NX 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:

• 25.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.43% compared with last year.
• Owners rate it 4.12/5 — a solid satisfaction signal.

The bottom line: You should focus on the 2016 if you want the strongest mix of value, owner satisfaction, and current market softness in this generation. If you’re especially price-sensitive, it’s worth comparing nearby model years as well, but the 2016 is the better starting point when you want a distinctive compact luxury SUV with a proven reputation.

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