Used 2016 Mitsubishi Outlander for Sale nearConcord, ON

How much does the 2016 Mitsubishi Outlander cost?

Prices have softened 7.64% compared to this time last year, making it a favourable time to shop this model year.

There are 81 listings available, which suggests a decent amount of inventory for you to compare.

Is the 2016 Mitsubishi Outlander a good car?

Yes — 4.75/5 is a strong user rating for this model year. The 2016 Outlander’s appeal comes from its practical third-row seating, available family-friendly features, and a value-minded equipment mix that includes available Apple CarPlay, Android Auto, heated seats, a touchscreen, a surround-view camera, adaptive cruise control, and a digital instrument panel depending on trim. It is best suited to you if you want a compact SUV with extra seating flexibility rather than a standout in refinement or performance. With 30.9% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

Is the 2016 Mitsubishi Outlander reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The 2016 Outlander’s reliability story is mixed in the sense that it combines practical strengths with a history of recalls and average fuel economy for its class. The model’s third-generation design gives you a conventional compact-SUV layout with useful seating flexibility, but it is not positioned as a refinement leader. For used buyers, that means you should pay close attention to maintenance history and overall condition to reduce long-term ownership risk.

Is now a good time to buy a used 2016 Mitsubishi Outlander?

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

• Deal availability: 30.9% of listings are priced as good or great deals.
• Inventory: There are 81 listings available.
• Price trend: Prices have softened 7.64% compared with last year.

If you find a listing below $10,977 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Mitsubishi Outlander's resale value?

The current average of $10,977 CAD sits slightly below last year's $11,885 CAD.

That price movement suggests the market has already adjusted downward, which can make the Outlander easier to buy now but less favourable if you are thinking about future resale. If you own one for several years, the softer trend means you should expect value retention to remain a consideration. For a future seller, the upside is that a lower entry price can help you keep your total cost of ownership more manageable.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Mitsubishi Outlander 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:

• 30.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.64% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

The bottom line: You should lean toward the 2016 if you want the sharper redesign, available third-row seating, and a used price that has already softened. If you are especially price-sensitive, a nearby year may be worth comparing for a lower entry cost, but the 2016 is the better pick when you want the refreshed look and a broader feature set in a practical compact SUV.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.