Used 2016 RAM 1500 for Sale nearLondon, ON

How much does the 2016 RAM 1500 cost?

Prices have softened 11.47% compared to this time last year, making it a favourable time to shop this model year.

There are 719 listings available, which suggests a healthy amount of inventory for used shoppers.

Is the 2016 RAM 1500 a good car?

Yes — the 2016 RAM 1500 earns a 4.9/5 user rating, which points to very strong owner satisfaction. Owners consistently praise its stylish design, spacious interior, and impressive features, and many also like its performance and power. That lines up well with its use-case as a full-size pickup that aims to feel more comfortable and polished than a bare-bones work truck. With 26.0% of listings marked as good or great deals, you still have room to shop carefully.

Is the 2016 RAM 1500 reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

The owner feedback also points to a truck that many people find dependable and trouble-free in everyday use, with strong praise for its long-term appeal and overall ownership experience. Some reviewers do mention tech-related concerns and missing features, so it’s worth checking that the specific truck you’re considering works as expected. For used buyers, the main long-term ownership risk is less about the truck’s core appeal and more about verifying condition, equipment function, and maintenance history.

Is now a good time to buy a used 2016 RAM 1500?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 26.0% of listings are priced as good or great deals.
• Inventory: There are 719 listings available.
• Price trend: Prices have softened 11.47% compared with last year.

If you find a listing below $17,696 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 RAM 1500's resale value?

The current average of $17,733 CAD sits slightly below last year's $20,030 CAD.

That price movement suggests the market has cooled, which can help you buy more affordably now but may also limit near-term upside if you plan to resell soon. If you buy at today’s average, your future resale value will depend heavily on mileage, condition, and equipment. Trucks with strong owner satisfaction tend to stay in demand, which can help support pricing when it’s time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 RAM 1500 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:

• 26.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.47% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $17,252 CAD, the 2015 costs less than the current year's $17,733 CAD average.
• It offers a well-aged cabin with broad comfort appeal.

The bottom line: The 2016 is the better all-around pick if you want the newer year with strong owner satisfaction and a market that still offers decent deal potential. If your priority is saving money upfront, the 2015 is the more budget-friendly path and still delivers much of the same comfort-focused appeal.

How does the 2016 RAM 1500 compare to the 2016 Ford F-150?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.