Used 2016 Toyota RAV4 for Sale nearWaterloo, ON

How much does the 2016 Toyota RAV4 cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 255 listings available, which gives you a reasonable amount of choice in the used market.

Is the 2016 Toyota RAV4 a good car?

Yes — the 2016 Toyota RAV4 earns a 4.6/5 user rating, which points to strong owner satisfaction. Owners commonly praise its reliability, fuel efficiency, and comfortable ride, and they also highlight safety features as a strength. For you, that makes it a sensible compact SUV if you want practical space and everyday usefulness more than flash. With 20.4% 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 4.6/5, a strong signal of long-term satisfaction.

The owner feedback repeatedly points to reliability, and the model’s reputation is built around being dependable and low-hassle over time. That makes it a reassuring choice if you want a used SUV you can count on for regular commuting and family duty. For used buyers, the main long-term ownership risk is less about major drama and more about finding one that has been maintained properly.

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

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: 20.4% of listings are priced as good or great deals.
• Inventory: There are 255 listings available.
• Price trend: Prices have held steady 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 $17,878 CAD sits slightly below last year's $18,020 CAD.

That small decline suggests the market has softened a bit, but not dramatically. If you own one, that kind of stability can help you plan a sale without worrying about a sharp drop in value. Because demand remains supported by the model’s practical reputation and steady owner satisfaction, a well-kept example should still attract interest from used buyers.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, 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:

• 20.4% of listings are priced as good or great deals.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $15,878 CAD, the 2015 costs less than the current year's $17,878 CAD average.
• It offers practical space, good fuel economy, and broad everyday usefulness.

The bottom line:
Choose the 2016 if you want the updated styling, added equipment, and a still-stable price point. If your priority is saving money upfront, the 2015 is the better value play, especially if you find one in good condition with a solid service history.

How does the 2016 Toyota RAV4 compare to the 2016 Honda CR-V?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.