Used 2016 Toyota RAV4 for Sale nearScarborough, ON

How much does the 2016 Toyota RAV4 cost?

Prices have softened 2.12% compared to this time last year, making it a favourable time to shop this model year.

There are 260 listings available, which gives you a reasonable amount of choice in the used market.

Is the 2016 Toyota RAV4 a good car?

Yes — the 4.62/5 user rating points to strong owner satisfaction. Owners consistently praise its reliability, fuel efficiency, and comfortable ride, and many also highlight its safety features. The 2016 model’s practical space and everyday usefulness make it a sensible fit if you want a compact SUV that prioritises substance over flair. With 20.0% of listings marked as good or great deals, you still have 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 repeatedly points to reliability, and the model’s reputation for durability and low running costs supports that impression. Buyers also describe it as a vehicle they can count on for everyday use, especially when they want a low-hassle ownership experience. For used buyers, the main long-term risk is less about dependability and more about finding one that has been maintained well and not worn hard.

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

This is a moderate buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 20.0% of listings are priced as good or great deals.
• Inventory: There are 260 listings available.
• Price trend: Prices have softened 2.12% compared with last year.

If you find a listing below $17,416 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 $17,867 CAD sits slightly below last year's $18,254 CAD.

That softer pricing suggests the market has eased a bit, which can help you buy more confidently now, but it also means future resale gains may be limited if prices stay under pressure. If you plan to sell later, the current trend points to a vehicle that should remain reasonably liquid rather than sharply appreciating. Strong demand for practical, well-liked compact SUVs should still help support values.

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:

• 20.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 2.12% compared with last year.
• Owners rate it 4.62/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $15,890 CAD, the 2015 costs less than the current year's $17,867 CAD average.
• It offers practical space and everyday usefulness.

The bottom line: Choose the 2016 if you want the newer update and are comfortable paying the current market average for a well-liked compact SUV. If your priority is saving money upfront, the 2015 is the better value play and still delivers the core RAV4 strengths.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.