How Much Is a 2016 Kia Soul Worth

The 2016 Kia Soul is a practical, stylish compact crossover known for its boxy design and spacious interior. Depending on trim, mileage, condition, and location, its value typically ranges from $8,000 to $14,000 in today’s used car market.

Thinking about buying or selling a 2016 Kia Soul? You’re not alone. This quirky, box-shaped compact crossover has earned a loyal following over the years thanks to its practical design, surprising interior space, and wallet-friendly price tag. Whether you’re eyeing one as your next daily driver or looking to upgrade from your current Soul, understanding how much a 2016 Kia Soul is worth is essential for making a smart financial decision.

The 2016 model year was a solid one for the Kia Soul. It offered a blend of affordability, reliability, and modern features that appealed to a wide range of drivers—from city commuters to small families. With its tall roofline, wide-opening doors, and user-friendly infotainment system, the Soul stood out in a crowded subcompact SUV market. But like any used vehicle, its value isn’t set in stone. It depends on a variety of factors, including trim level, mileage, condition, location, and even the time of year you’re buying or selling.

In this guide, we’ll break down everything you need to know about the 2016 Kia Soul’s value. We’ll explore pricing trends, examine what affects resale value, and give you practical tips to get the best deal—whether you’re buying or selling. By the end, you’ll have a clear picture of what to expect and how to navigate the used car market with confidence.

Key Takeaways

• Market Value Range: Most 2016 Kia Souls sell between $8,000 and $14,000, with higher trims and lower mileage commanding premium prices.
• Trim Level Matters: The base LX trim is more affordable, while the EX and + (Plus) trims offer more features and higher resale value.
• Mileage Is a Major Factor: Vehicles under 70,000 miles retain significantly more value than those over 100,000 miles.
• Condition and Maintenance History: Well-maintained Souls with clean titles and service records sell faster and for higher prices.
• Geographic Location Impacts Price: Prices vary by region due to demand, climate, and local market conditions.
• Private vs. Dealer Sales: Private sellers often get more money, but dealer trade-ins offer convenience and faster transactions.
• Future Resale Considerations: Keeping up with maintenance and avoiding major repairs can help preserve long-term value.

Understanding the 2016 Kia Soul’s Market Value

So, how much is a 2016 Kia Soul worth? The short answer: it depends. But on average, you can expect to pay between $8,000 and $14,000 for a used 2016 Kia Soul in good condition. That’s a broad range, and we’ll dig into why shortly. But first, let’s look at where this number comes from.

Pricing data from major automotive marketplaces like Kelley Blue Book (KBB), Edmunds, and Autotrader shows that the 2016 Kia Soul’s value has remained relatively stable over the past few years. Unlike some vehicles that depreciate rapidly, the Soul holds its value fairly well—especially in the compact crossover segment. This is partly due to its reputation for reliability and low cost of ownership.

For example, a 2016 Kia Soul LX with around 80,000 miles and a clean title might list for about $9,500 from a private seller. Meanwhile, a well-maintained EX trim with 60,000 miles and a full service history could fetch closer to $13,000 at a dealership. These aren’t hard rules, but they give you a realistic starting point.

It’s also important to note that the used car market has seen some volatility in recent years. Supply chain issues, inflation, and shifts in consumer demand have caused prices to fluctuate. However, the 2016 Kia Soul hasn’t been as dramatically affected as some newer or more luxury-oriented models. Its affordability and practicality have kept it in steady demand.

Factors That Influence Pricing

Several key factors determine how much a 2016 Kia Soul is worth. Let’s break them down one by one.

First, **trim level** plays a big role. The 2016 Kia Soul came in three main trims: LX, + (Plus), and EX. The base LX model is the most affordable, typically starting around $8,000. It comes with essentials like air conditioning, power windows, and a basic audio system. The + (Plus) trim adds features like alloy wheels, a rearview camera, and upgraded upholstery, pushing the price into the $10,000–$12,000 range. The top-tier EX trim includes leather seats, a sunroof, and advanced safety features, often selling for $12,500 or more.

Next, **mileage** is a major determinant of value. As a general rule, lower mileage means higher value. A 2016 Soul with 50,000 miles will command a significantly higher price than one with 120,000 miles—even if both are in good condition. Most experts consider 12,000 to 15,000 miles per year to be average. So a car with 70,000 miles after eight years is doing well.

**Vehicle condition** is another critical factor. A Soul that’s been well cared for—regular oil changes, timely brake service, and no major accidents—will sell for more than one with a spotty maintenance history or cosmetic damage. Buyers are willing to pay a premium for peace of mind.

Finally, **location** matters. Prices can vary by hundreds or even thousands of dollars depending on where you live. In urban areas with high demand for compact vehicles, you might see higher prices. In rural regions or areas with harsh winters (where road salt can damage undercarriages), prices may be lower.

Trim Levels and Their Impact on Value

The 2016 Kia Soul wasn’t just one car—it was a lineup. Understanding the different trim levels helps explain why prices can vary so much.

LX Trim: The Budget-Friendly Base Model

The LX is the entry-level trim and the most common on the used market. It’s ideal for buyers who want basic transportation without frills. Standard features include:
– 1.6L 4-cylinder engine (130 horsepower)
– 6-speed manual or automatic transmission
– Air conditioning
– Power windows and locks
– AM/FM/CD audio system with USB port

Because it lacks many of the comfort and tech features found in higher trims, the LX typically sells for the lowest price. Expect to pay between $8,000 and $10,500, depending on mileage and condition. It’s a great option for students, first-time car buyers, or anyone on a tight budget.

+ (Plus) Trim: The Sweet Spot for Value

The + (Plus) trim is often considered the best value in the lineup. It builds on the LX with several desirable upgrades:
– 2.0L 4-cylinder engine (164 horsepower) – a noticeable improvement in power
– Alloy wheels
– Rearview camera
– Upgraded cloth upholstery
– Optional automatic transmission

This trim strikes a great balance between affordability and features. It’s powerful enough for highway driving and includes modern conveniences that make daily use more enjoyable. Prices typically range from $10,500 to $12,500. If you’re looking for a well-rounded used car, the + trim is a smart choice.

EX Trim: The Premium Option

The EX is the top-of-the-line trim and the most expensive. It’s aimed at buyers who want a more upscale experience. Standard features include:
– 2.0L engine with automatic transmission
– Leather-trimmed seats
– Power sunroof
– Heated front seats
– Premium audio system
– Advanced safety features like blind-spot monitoring (on some models)

Because of its added luxury and tech, the EX holds its value better than the lower trims. Well-maintained examples with low mileage can sell for $13,000 or more. However, they’re also less common on the used market, so you may need to shop around to find one.

Mileage and Condition: The Real Value Drivers

When it comes to used cars, two factors reign supreme: mileage and condition. These often matter more than trim level or even model year.

How Mileage Affects Value

Mileage is a direct indicator of how much wear and tear a vehicle has experienced. The 2016 Kia Soul was designed to be durable, but like any car, it wears down over time.

Here’s a general rule of thumb:
– Under 60,000 miles: Excellent condition, higher value ($11,000–$14,000)
– 60,000–90,000 miles: Good condition, average market price ($9,500–$12,000)
– 90,000–120,000 miles: Fair condition, lower price ($8,000–$10,000)
– Over 120,000 miles: Higher risk, significant depreciation (under $8,000)

Keep in mind that these are estimates. A high-mileage Soul with a flawless maintenance record might still be a better buy than a low-mileage one with unknown history.

The Importance of Vehicle Condition

Condition goes beyond just mileage. It includes:
– Exterior: Paint quality, dents, scratches, rust
– Interior: Upholstery wear, odors, functionality of controls
– Mechanical: Engine performance, transmission smoothness, brake condition
– Maintenance: Service records, timing belt replacement, fluid changes

A well-maintained 2016 Kia Soul with 100,000 miles can still be a great buy—especially if it’s been driven mostly on highways (which is easier on the engine than stop-and-go city driving). On the flip side, a low-mileage car that’s been neglected can hide serious issues.

Always ask for a vehicle history report (like Carfax or AutoCheck) and consider getting a pre-purchase inspection from a trusted mechanic. This small investment can save you thousands in the long run.

Geographic and Market Influences on Pricing

Believe it or not, where you live can affect how much a 2016 Kia Soul is worth.

Regional Price Differences

Used car prices vary by region due to supply, demand, and local economic factors. For example:
– In cities like Los Angeles or New York, where parking is tight and fuel efficiency matters, compact cars like the Soul are in high demand. Prices may be 10–15% higher than the national average.
– In rural areas or regions with harsh winters (like the Midwest or Northeast), road salt and rough conditions can lead to more wear and lower prices.
– In warmer, drier climates (like Arizona or Texas), vehicles often have less rust and corrosion, which can boost resale value.

A 2016 Kia Soul in Phoenix might sell for $11,500, while the same model in Minneapolis could go for $9,800—even with identical mileage and condition.

Seasonal Trends

Timing also matters. Convertibles and sports cars tend to sell for more in spring and summer, while SUVs and crossovers see a bump in fall and winter. The Kia Soul, being a practical all-weather vehicle, often holds steady year-round—but you might find better deals in late winter when demand dips slightly.

Private Seller vs. Dealer Pricing

Another factor is who you’re buying from. Private sellers usually offer lower prices because they don’t have overhead costs. A private sale might save you $1,000 or more compared to a dealership.

However, dealers offer advantages: warranties, financing options, and certified pre-owned (CPO) programs. Some dealers even offer free maintenance for a limited time. If you value convenience and peace of mind, paying a bit more at a dealership might be worth it.

Tips for Buying or Selling a 2016 Kia Soul

Whether you’re in the market to buy or sell, here are some practical tips to help you get the best deal.

For Buyers: How to Get the Best Value

1. **Set a Budget:** Decide how much you’re willing to spend, including taxes, registration, and potential repairs.
2. **Research Prices:** Use KBB, Edmunds, and local listings to compare prices for similar models.
3. **Check the History:** Always get a vehicle history report and look for accidents, title issues, or odometer discrepancies.
4. **Test Drive:** Pay attention to engine noise, transmission shifts, and braking. Make sure all electronics work.
5. **Negotiate:** Most sellers expect some haggling. Use comparable listings as leverage.
6. **Get It Inspected:** A $100 pre-purchase inspection can uncover hidden problems and save you thousands.

For Sellers: How to Maximize Your Sale Price

1. **Clean It Thoroughly:** A spotless interior and shiny exterior make a great first impression.
2. **Fix Minor Issues:** Replace burnt-out bulbs, fix scratches, and top off fluids. Small fixes go a long way.
3. **Gather Records:** Compile maintenance logs, receipts, and the owner’s manual. Buyers love transparency.
4. **Price It Right:** Don’t overprice. Use market data to set a competitive but fair price.
5. **Advertise Smartly:** Use high-quality photos and detailed descriptions. Highlight low mileage, recent repairs, and unique features.
6. **Be Honest:** Disclose any known issues upfront. It builds trust and avoids disputes later.

Future Resale Value and Long-Term Ownership

If you’re buying a 2016 Kia Soul, think about its future value too. While it’s already a used car, how you treat it now will affect how much it’s worth down the road.

Maintaining Value Over Time

Regular maintenance is the best way to preserve resale value. Follow the manufacturer’s recommended service schedule, including:
– Oil changes every 5,000–7,500 miles
– Tire rotations and alignments
– Brake inspections
– Timing belt replacement (typically around 60,000–100,000 miles)

Keeping up with these tasks not only extends the life of your Soul but also makes it more attractive to future buyers.

Common Issues to Watch For

The 2016 Kia Soul is generally reliable, but some owners have reported issues with:
– Engine oil consumption (especially in 2.0L models)
– Transmission hesitation (more common in automatic versions)
– Electrical glitches (e.g., infotainment system reboots)

Most of these can be managed with proper maintenance. If you’re buying, ask if the previous owner addressed any known recalls or service bulletins.

Insurance and Ownership Costs

The 2016 Kia Soul is affordable to insure, especially compared to larger SUVs or luxury vehicles. Its safety ratings are solid, and repair costs are reasonable. Fuel economy is another plus: expect around 24 mpg city and 30 mpg highway, depending on the engine and driving habits.

When you factor in low depreciation, good fuel efficiency, and minimal repair costs, the Soul remains one of the most cost-effective compact crossovers on the road.

Conclusion: Is the 2016 Kia Soul Worth It?

So, how much is a 2016 Kia Soul worth? As we’ve seen, the answer depends on a mix of factors—but for most buyers, it’s a smart, practical choice in the used car market.

With prices ranging from $8,000 to $14,000, the 2016 Kia Soul offers excellent value for anyone seeking a reliable, stylish, and spacious compact vehicle. Whether you go for the budget-friendly LX, the well-balanced + (Plus), or the premium EX, you’re getting a car that’s built to last.

The key to getting the best deal—whether buying or selling—is doing your homework. Research prices, inspect the vehicle thoroughly, and don’t rush the process. A little effort now can save you money and headaches later.

Ultimately, the 2016 Kia Soul isn’t just about how much it’s worth today. It’s about how much value it can deliver over the long haul. With proper care, this quirky little crossover can keep you moving safely and comfortably for years to come.

Frequently Asked Questions

What is the average price of a 2016 Kia Soul?

The average price of a 2016 Kia Soul ranges from $8,000 to $14,000, depending on trim, mileage, condition, and location. Lower-mileage, higher-trim models typically command the upper end of this range.

Is the 2016 Kia Soul a reliable car?

Yes, the 2016 Kia Soul is generally considered reliable. It has a solid reputation for durability and low maintenance costs, especially when properly cared for. Some owners report minor issues with oil consumption or electronics, but these are not widespread.

Which trim of the 2016 Kia Soul holds its value best?

The EX trim tends to hold its value best due to its premium features like leather seats, sunroof, and advanced safety options. The + (Plus) trim also retains value well and is often seen as the best overall value.

How many miles can a 2016 Kia Soul last?

With proper maintenance, a 2016 Kia Soul can easily last 150,000 to 200,000 miles or more. Many owners report trouble-free driving well beyond 100,000 miles, especially with regular oil changes and timely repairs.

Should I buy a 2016 Kia Soul with high mileage?

It depends on the vehicle’s condition and maintenance history. A high-mileage Soul (over 100,000 miles) can still be a good buy if it has a clean title, full service records, and no major mechanical issues. Always get a pre-purchase inspection.

Can I negotiate the price of a used 2016 Kia Soul?

Yes, negotiation is common in the used car market. Research comparable listings, point out any flaws or needed repairs, and use that information to make a reasonable offer. Most sellers expect some back-and-forth.