Used 2016 Toyota Highlander for Sale nearLondon, ON

How much does the 2016 Toyota Highlander cost?

Prices have softened 6.56% compared to this time last year, making it a favourable time to shop this model year.

There are 78 listings available, which gives you a modest amount of choice in the used market.

Is the 2016 Toyota Highlander a good car?

Yes — the 2016 Toyota Highlander earns a 4.9/5 user rating, which points to very strong owner satisfaction. Owners consistently praise its comfort, reliability, and the abundance of features it offers, and they also highlight the smooth ride and powerful V6 engine. That lines up well with its role as a practical, comfortable midsize SUV for families who want space, versatility, and a well-equipped cabin. With 30.8% of listings marked as good or great deals, you still have a decent chance of finding a competitive offer.

Is the 2016 Toyota Highlander reliable?

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

The owner feedback points to a vehicle that feels reliable, dependable, and well suited to long-term use. That matters if you want a used SUV you can count on for daily family duty, commuting, and road trips without a lot of drama. For used buyers, the main ownership risk is less about the Highlander’s core durability and more about finding one that has been maintained properly over time.

Is now a good time to buy a used 2016 Toyota Highlander?

This looks like a moderate market for selective buyers, with enough inventory to shop carefully and enough deal activity to make a good purchase possible.

• Deal availability: 30.8% of listings are priced as good or great deals.
• Inventory: There are 78 listings available.
• Price trend: Prices have softened 6.56% compared with last year.

If you find a listing below $22,101 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Highlander's resale value?

The current average of $23,202 CAD sits slightly below last year's $24,830 CAD.

That price movement suggests the market has become a bit softer, which can help you buy more confidently now but may also mean future resale gains are limited if you overpay. If you plan to sell later, buying near the lower end of the range gives you more room to preserve value. The Highlander’s strong reputation and broad family appeal should still support steady demand among used-SUV shoppers.

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 Toyota Highlander 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:

• 30.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.56% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

The bottom line: If you want a well-equipped, comfortable, and highly rated used Highlander, the 2016 is a strong choice. If your priority is stretching your budget further, you may want to compare nearby years and focus on whichever one gives you the best combination of condition, price, and maintenance history.

How does the 2016 Toyota Highlander compare to the 2016 Honda Pilot?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.