Used 2016 Toyota RAV4 for Sale nearRichmond Hill, ON

How much does the 2016 Toyota RAV4 cost?

Prices have softened 4.52% compared to this time last year, making it a favourable time to shop this model year.

There are 254 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2016 Toyota RAV4 a good car?

Yes — the 2016 Toyota RAV4 earns a 4.62/5 user rating, which points to strong owner satisfaction. Owners commonly praise its reliability, fuel efficiency, and comfortable ride, and many also highlight its safety features as a major plus. That makes it a sensible fit if you want a practical compact SUV for everyday family use rather than something flashy. With 19.7% of listings marked as good or great deals, there is still some room to shop selectively.

Is the 2016 Toyota RAV4 reliable?

Owners rate it 4.62/5, a strong signal of long-term satisfaction.

The owner feedback also leans heavily toward reliability, with many drivers describing the RAV4 as dependable and easy to live with over time. That kind of reputation matters if you want a used SUV that should be straightforward to own and less likely to become a hassle. For used buyers, the main long-term risk is less about major drama and more about finding one that has been maintained well enough to preserve that trouble-free reputation.

Is now a good time to buy a used 2016 Toyota RAV4?

This looks like a moderate buyer’s market, so you can be selective without expecting deep discounts on every listing.

• Deal availability: 19.7% of listings are priced as good or great deals.
• Inventory: There are 254 listings available.
• Price trend: Prices have softened 4.52% compared with last year.

If you find a listing below $17,417 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota RAV4's resale value?

The current average of $17,693 CAD sits slightly below last year's $18,530 CAD.

That softer pricing can be a plus if you're buying now, but it also means future sellers may need to price competitively to stand out. The current trend suggests the market is willing to reward value, condition, and the right equipment rather than simply paying a premium for the badge. If you buy well and keep the vehicle in strong shape, you should be in a better position to protect your resale position later.

Vehicles with strong owner satisfaction ratings, like this model year's 4.62/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Toyota RAV4 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:

• 19.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.52% compared with last year.
• Owners rate it 4.62/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $16,104 CAD, the 2015 costs less than the current year's $17,693 CAD average.
• It offers practical cargo space and strong everyday usefulness.

The bottom line: The 2016 is the better pick if you want the more current version of this well-rounded compact SUV and you value the stronger market support around it. If your priority is saving money up front, the 2015 is the better secondary path, especially if you can find one in good condition with the features you want.

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