The median 2016 Camry runs about $15,892 in the Canadian market right now. That's your anchor. If a car's priced there and it's carrying roughly average kilometres, you're paying what everyone else pays.
Most of these land between $13,746 and $16,962. Cross above that top number and you should be getting something back for it, lower kilometres, a nicer trim, a clean service history. Below $13,746 the price is doing the talking, and usually it's telling you the car has high mileage or a story worth asking about.
How kilometres move the number
Mileage matters here, but it's a slow bleed rather than a cliff. Every extra 10,000 km knocks about $464 off the asking price. So a car with 60,000 km more than the median sits roughly $2,800 cheaper on distance alone, and that's fair, not a bargain. The typical 2016 Camry on the market has already covered around 159,978 km, so most of what you'll see is well into its second life.
Put it together and the math is simple. Take that $464-per-10,000-km rate, compare a listing's odometer against the 159,978 km median, and you can tell whether the price reflects the wear or ignores it.
We've flagged 3 deals on this year in the last 90 days. Not a flood, so when a genuinely underpriced one shows up, it's worth moving on before someone else does.
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.
Is the 2016 Toyota Camry reliable?
The 2016 Toyota Camry belongs to the 2012-2017 generation. Our 2016 Toyota Camry reliability guide covers the known problems for that generation and what they cost to fix.
Other Toyota Camry generations we have written up: 2018-2024, 2007-2011.