Used 2016 Toyota 4Runner for Sale nearOakville, ON

How much does the 2016 Toyota 4Runner cost?

Prices have softened 7.81% compared to this time last year, making it a favourable time to shop this model year.

There are 64 listings available, which suggests a modest amount of inventory for shoppers comparing options.

Is the 2016 Toyota 4Runner a good car?

Yes — the 4.94/5 user rating points to very strong owner satisfaction. Drivers consistently praise its reliability, power, and features, and many also like the comfortable ride and spacious interior. The 4Runner’s rugged, body-on-frame setup and standard 4WD in Canada make it a strong fit if you want durability and trail capability more than a car-like crossover feel. With 31.3% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Toyota 4Runner reliable?

Owners rate it 4.94/5, a strong signal of long-term satisfaction.

The owner feedback repeatedly highlights reliability, long-lasting performance, and a trouble-free ownership experience. That kind of praise matters if you want a used SUV you can count on for years, especially one that is often chosen for durability and towing ability. For used buyers, the main long-term ownership risk is paying a premium for a vehicle that may still need careful inspection because strong demand can keep prices elevated.

Is now a good time to buy a used 2016 Toyota 4Runner?

This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on the best-priced examples.

• Deal availability: 31.3% of listings are priced as good or great deals.
• Inventory: There are 64 listings available.
• Price trend: Prices have softened 7.81% compared with last year.

If you find a listing below $27,920 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota 4Runner's resale value?

The current average of $29,083 CAD sits slightly below last year's $31,545 CAD.

That decline suggests buyers have a bit more negotiating room than they did a year ago, which can help you if you are shopping now. For a future seller, the softer pricing trend means resale value may be more sensitive to condition, mileage, and equipment than it would be in a hotter market. Even so, the 4Runner’s reputation for durability and strong owner satisfaction should help support demand over time.

Vehicles with strong owner satisfaction ratings, like this model year's 4.94/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Toyota 4Runner 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:

• 31.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.81% compared with last year.
• Owners rate it 4.94/5 — a strong satisfaction signal.

The bottom line: The 2016 is a strong choice if you want the 4Runner’s rugged character, proven durability, and high owner satisfaction in a year that is currently showing softer pricing. If your priority is value, this is a sensible year to target; if you are especially price-sensitive, you may also want to compare nearby model years and focus on whichever one gives you the best combination of condition, mileage, and asking price.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.