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Honda

Honda - Odyssey (2016)

Discover the value and features of the 2016 Honda Odyssey—a key player in the midsize minivan market that blends family friendly comfort with reliable performance. Whether you’re gauging the Honda Odyssey price as a new‑vehicle or a used buy, this overview pulls together everything you need: specs, depreciation insights, comparison cues, and market positioning. The 2016 model remains one of the most celebrated iterations, offering a great balance between cost and quality, so let’s dive in.

  • Model year: 2016 Honda Odyssey
  • Engine: 3.5L V6 DOHC 16‑valve, producing 280 hp and 262 lb‑ft torque
  • Transmission: Continuous‑Variable Transmission (CVT) for smooth acceleration and fuel efficiency
  • Fuel type: Regular gasoline
  • Drivetrain: Front‑wheel drive (FWD), available all‑wheel drive in specific trims
  • Seating capacity: Up to eight passengers
  • Dimensions: Length 204.4 in, width 80.4 in, height 69.0 in, wheelbase 117.3 in
  • Cargo capacity: 15.4 ft³ behind third seat, 48 ft³ with seats folded
  • Fuel economy: 19 mpg city / 28 mpg highway (EPA estimate)
  • Standard features: 8‑inch infotainment, Apple CarPlay, 5‑point seatbelt with pre‑tensioners, and 10‑in. rearview camera display
  • Optional features: Honda Satellite‑Link, advanced air‑bag systems, auto‑cruise control, and all‑weather cross‑traffic alert

### Depreciation insight: How quickly does the 2016 Honda Odyssey lose value?

When assessing used Honda Odyssey price versus a brand‑new purchase, depreciation plays a pivotal role. Based on Bumper’s historical data and general industry trends, the 2016 Odyssey typically loses about 15‑20% of its value during the first year of ownership. After the initial steep drop, the vehicle’s value tapers slowly, averaging around 5‑7% per year for the next five to seven years.

  • First‑year depreciation: 15‑20%
  • Year 2–3: 5‑7% per year
  • Year 4–5: 4‑5% per year
  • Years 6–10: 3‑4% per year (subject to condition and mileage)

Consequently, a 2016 model that began life at $32,000 would likely trade in at roughly $24,800 after one year, dropping to about $18,000 after five years—assuming typical wear and mileage.

### What is a 2016 Honda Odyssey worth?

Price is not a hard number, as it depends on trim level, mileage, location, and overall condition. However, industry estimates put the range for a nearly new 2016 Odyssey at $25,000 to $32,000, while a well‑maintained, low‑ mileage example with 40,000 miles can fetch between $23,000 and $28,000 on the used market.

In comparison, Honda Odyssey price for newer generations (2018–2022) hovers slightly higher, reflecting technology upgrades, but first‑generation 2016 models retain strong resale value thanks to their proven reliability.

### Comparison context: How does the 2016 Odyssey stack against similar minivans?

When you line up the 2016 Odyssey against its competitors—like the 2016 Toyota Sienna, Honda Pilot, and Ford Flex—several clear differences emerge: