Used 2016 Toyota Yaris for Sale near Niagara Falls, ON

How much does the 2016 Toyota Yaris cost?

Prices are up 4.40% year-over-year — a sign of continued demand for this model year.

There are 38 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 Toyota Yaris a good car?

Yes — the 2016 Toyota Yaris earns a user rating of 5/5, which points to strong owner satisfaction. With that kind of feedback, you can feel more confident that it meets the needs of many used-car shoppers. The market also shows 26.3% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2016 Toyota Yaris reliable?

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

For used buyers, that kind of owner approval suggests lower perceived ownership risk, especially if the car has been maintained well and checked carefully before purchase.

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

This is still a seller’s market, so you should act selectively and be ready to move when a well-priced listing appears.

• Deal availability: 26.3% of listings are priced as good or great deals.
• Inventory: There are 38 listings available.
• Price trend: Prices are up 4.40% year-over-year.

If you find a listing below $11,873 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Yaris's resale value?

The current average of $13,940 CAD sits slightly above last year's $13,352 CAD.

That upward movement suggests the Yaris has held demand well in the used market. If you buy carefully and keep the car in good condition, you may be able to protect more of your value when it comes time to sell. The relatively tight price range also suggests buyers are still willing to pay for the right example.

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

Should I buy a 2016 Toyota Yaris 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:

• 26.3% of listings are priced as good or great deals.
• Price trend: Prices are up 4.40% year-over-year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line: The 2016 Toyota Yaris makes the most sense if you want a well-liked used hatchback and you can find one priced competitively. If you're more price-sensitive, it can also be worth comparing nearby years to see whether a lower asking price offsets the 2016's stronger market position.

How does the 2016 Toyota Yaris compare to the 2016 Honda Fit?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.