The 2016 Honda Fit sits at a median of $15,990 across live Canadian listings. Most of them land between $13,995 and $16,990, so that's your working range when you sit down to negotiate. Anything under $13,995 deserves a hard look at why it's cheap. Anything over $16,990 needs a reason, whether that's rock-bottom mileage or a loaded trim.
Mileage is the number to watch here. Every extra 10,000 km knocks about $485 off the asking price, and the typical Fit on the market has already run 113,820 km. So if you're comparing two cars and one has 40,000 km more on the clock, you'd expect roughly $1,900 between them on price alone. Use that to sanity-check anything that looks like a bargain.
How the trims stack up
The LX is the value play. Its median is $14,496, well under the EX at $15,944 and the EX-L at $16,999. The catch: LX prices swing hard, from $12,037 up to $16,618. That spread means condition and mileage are doing most of the pricing work on the base trim, so a well-kept LX can quietly cost as much as an EX.
The EX-L is the tight one. It clusters between $16,566 and $17,345, barely $800 of daylight top to bottom. When a trim prices that consistently, you have less room to argue, but you also know exactly what fair looks like. The EX splits the difference at $15,944 and gives you the widest room to bargain in the middle of the range.
Thirteen deals on the 2016 Fit got flagged in the last 90 days, so this isn't a car you have to chase. If a listing sits above $16,990 and it's a plain LX with average km, wait. The math says a better one shows up.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| EX-L | $16,999 | $16,566–$17,345 |
| EX | $15,944 | $14,871–$15,991 |
| LX | $14,496 | $12,037–$16,618 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.