Used 2016 Mitsubishi Outlander for Sale nearRichmond Hill, ON

How much does the 2016 Mitsubishi Outlander cost?

Prices have softened 13.44% compared to this time last year, making it a favourable time to shop this model year.

There are 72 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 Mitsubishi Outlander a good car?

Yes — the 4.8/5 user rating points to strong owner satisfaction for this model year. The Outlander’s appeal comes from its practical layout, available third-row seating, and more distinctive personality than many compact SUVs, so it can make sense if you want a family-friendly vehicle that is a little less ordinary. It also gained a more modern feel with Apple CarPlay and Android Auto availability, while keeping a straightforward cabin and usable character. The market shows 29.2% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2016 Mitsubishi Outlander reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The 2016 Outlander’s reliability story is helped by its practical, conventional design and its strong safety record, including solid crash-test results and a Top Safety Pick+ rating at the time. At the same time, the base four-cylinder engine was described as underpowered for the vehicle’s size and weight, and the engine-and-CVT combination could sound loud and unrefined. For used buyers, that means long-term ownership risk is more about living with the powertrain’s compromises and checking the vehicle’s maintenance history carefully than expecting a fundamentally fragile SUV.

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 listings.

• Deal availability: 29.2% of listings are priced as good or great deals.
• Inventory: There are 72 listings available.
• Price trend: Prices have softened 13.44% compared with last year.

If you find a listing below $10,752 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 $10,774 CAD sits slightly below last year's $12,446 CAD.

That decline suggests the Outlander has been losing value faster than some shoppers may prefer, which can be a drawback if you plan to sell in the near future. On the other hand, the lower entry price can make it easier for you to buy in at a more attractive point than last year. If you keep the vehicle in good condition and stay on top of maintenance, you may help offset some of the model’s weaker value retention.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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:

• 29.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.44% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

The bottom line: The 2016 Outlander makes the most sense if you want a practical compact SUV with available seven-seat flexibility, a more distinctive design, and a price that has come down meaningfully. If you are especially price-sensitive, you may want to compare nearby years and focus on the best-maintained example rather than chasing the newest badge alone.

How does the 2016 Mitsubishi Outlander compare to the 2016 Honda CR-V?

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.