Used 2016 Mercedes-Benz E-Class for Sale nearToronto, ON

How much does the 2016 Mercedes-Benz E-Class cost?

Prices have softened 9.86% compared to this time last year, making it a favourable time to shop this model year.

There are 80 listings available, which gives you a reasonable amount of inventory to compare before you decide.

Is the 2016 Mercedes-Benz E-Class a good car?

Yes — the 4.64/5 user rating points to strong owner satisfaction. Owners consistently praise its classic styling, reliability, and comfortable drive, while many also highlight the performance of the 6-cylinder engine and the fun experience behind the wheel. For you, that makes it a compelling choice if you want a luxury mid-size car that feels upscale, modern, and well suited to everyday use. With 33.8% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Mercedes-Benz E-Class reliable?

Owners rate it 4.64/5, a strong signal of long-term satisfaction.

Owners describe it as reliable and generally dependable, with several noting that it can be a trouble-free car when it has been well maintained. That said, some buyers have reported issues with dealership transparency regarding vehicle condition, so a careful inspection and service-history review matter. For used buyers, the main long-term ownership risk is less about the core reputation and more about finding a well-kept example with clear maintenance records.

Is now a good time to buy a used 2016 Mercedes-Benz E-Class?

This is a moderate market, so you can be selective without expecting every listing to be a bargain.

• Deal availability: 33.8% of listings are priced as good or great deals.
• Inventory: There are 80 listings available.
• Price trend: Prices have softened 9.86% compared with last year.

If you find a listing below $21,846 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Mercedes-Benz E-Class's resale value?

The current average of $22,047 CAD sits slightly below last year's $24,460 CAD.

That price movement suggests the market has cooled, which can make the car easier to buy now but may also limit upside for a future seller. If you own one, the softer pricing means you should focus on keeping the car in excellent condition and documenting maintenance carefully. A clean history matters even more when the market is already leaning lower.

Vehicles with strong owner satisfaction ratings, like this model year's 4.64/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Mercedes-Benz E-Class 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:

• 33.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.86% compared with last year.
• Owners rate it 4.64/5 — a strong satisfaction signal.

The bottom line:

The 2016 is a strong pick if you want the newer-feeling cabin, modern technology, and broad luxury appeal of this generation at a lower average price than last year. If you are price-sensitive, you may also want to compare nearby years, but the 2016 stands out as a sensible target when you want a well-regarded used luxury sedan and are willing to shop carefully for condition and history.

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