Used 2016 Toyota 4Runner for Sale near Indianapolis, IN
111 results
CarGurus Analysis:
2016 Toyota 4Runner
With 115 currently listed for sale near Indianapolis, IN and an average price of $23,840.00, 20.0% of 2016 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Toyota 4Runner 4.93 / 5 stars.
63.5% of 2016 4Runner models on CarGurus are accident free.
The 2016 Toyota 4Runner stands out with significant upgrades like cell-phone navigation and an increased towing capacity, making it capable of handling various off-road conditions.
CarGurus Analysis: 2016 Toyota 4Runner
overall
Summary
With 115 currently listed for sale near Indianapolis, IN and an average price of $23,840.00, 20.0% of 2016 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Toyota 4Runner 4.93 / 5 stars.
63.5% of 2016 4Runner models on CarGurus are accident free.
The 2016 Toyota 4Runner stands out with significant upgrades like cell-phone navigation and an increased towing capacity, making it capable of handling various off-road conditions.
Why it stands out
The 2016 Toyota 4Runner excels in delivering durability and off-road capability, which are increasingly hard to find in the current market dominated by crossovers. Its powerful 4.0-liter V6 engine and advanced features such as crawl-speed control and a locking rear differential make it a top choice for adventurers and outdoor enthusiasts. The vehicle's design reflects a throwback to traditional SUVs, prioritizing function over fluff, which appeals to buyers seeking reliability and ruggedness. While the interior isn’t fully equipped with modern tech amenities, owners praise the spaciousness and comfort, highlighting its strong resale value and reputation for longevity as key selling points. Expert reviews note the importance of its off-road capabilities, making it a rare gem for those who demand more rugged performance from their vehicle.
Other model years to consider
- Average price: $38,941.00
- Good/great deal percentage: 34.6%
- User rating: 4.78 / 5
- Total listings: 191
- Average price: $44,961.00
- Good/great deal percentage: 31.4%
- User rating: 4.75 / 5
- Total listings: 188
- Average price: $41,593.00
- Good/great deal percentage: 31.8%
- User rating: 4.85 / 5
- Total listings: 170
This analysis is based on CarGurus' proprietary market data from May 12, 2026, CarGurus experts' opinions, and generative AI.
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5.0 Overall rating
Filter by rating
Sutton R
Reviewed a 2016 Toyota 4Runner on Jun 16, 2024
Love the vehicle, it has all features one need in a SUV. This is a highly rated vehicle.
Aaron G
Reviewed a 2016 Toyota 4Runner on Jun 25, 2022
Bulletproof motor and drive train. Overall great SUV that will last .
Michelle L
Reviewed a 2016 Toyota 4Runner on Apr 23, 2022
Best vehicle ever! Cant beat the dependability or reliability
David B
Reviewed a 2016 Toyota 4Runner on Sep 1, 2021
This is a solid vehicle. There are some minor issues that are all covered under the extended warranty except a broken taillight. The entire light assembly is 129$ and extremely easy to replace. The inside looks like its barely been used at 97k miles. Engine sounds good and the power is immediate when you touch the pedal.
2016 Toyota 4Runner Trims
| Trim type | MSRP |
|---|---|
| Trail 4WD | $36,915 |
| SR5 Premium | $36,690 |
| Limited | $42,325 |
| Trail Premium 4WD | $39,595 |
| SR5 | $34,010 |
| SR5 Premium 4WD | $38,565 |
| Limited 4WD | $44,360 |
| SR5 4WD | $35,885 |
2016 Toyota 4Runner Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Toyota 4Runner prices has changed over time.
See more price trends2016 Toyota 4Runner Pricing Analysis: Indianapolis, IN Market Report
Pricing by Nearby Locations
Market Area: Indianapolis, IN
Key Insights
- Lowest Prices in Lafayette: The market in Lafayette, IN ($16,429) offers the most competitive pricing for the 2016 Toyota 4Runner, indicating a higher availability or more price-sensitive buyer demographic.
- Higher Prices in Larger Cities: Bloomington, IN shows higher prices at $27,154, suggesting more demand in urban areas perhaps correlated with higher living costs.
- Inventory Consistency: Markets like Anderson (115 listings) and Crawfordsville (116 listings) showcase consistent inventory levels with moderate pricing, which reflects stable demand.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Lafayette, IN | 121 | $16,429 |
| Anderson, IN | 115 | $23,603 |
| Columbus, IN | 122 | $27,509 |
| Crawfordsville, IN | 116 | $24,871 |
| Bloomington, IN | 123 | $27,154 |
Pricing by Trim Packages
Key Insights
- Diverse Trim Options: The SR5 4WD trim is the most common, with 135 listings, reflecting its popularity among buyers and price positioning as a mid-range option.
- Premium Trim Markup: The Limited 4WD, with an MSRP of $44,360, represents a significant price increase of ~23.6% over lower trims, likely driven by luxury features and enhanced comfort.
- Overall Inventory Trends: Notably, the trims with 4WD features are more prevalent in inventory, pointing to high demand for off-road capabilities.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| SR5 4WD | 135 | $35,885 | 4X4 | 4.0L 270 hp V6 |
| Limited 4WD | 128 | $44,360 | AWD | 4.0L 270 hp V6 |
| SR5 Premium 4WD | 84 | $38,565 | 4X4 | 4.0L 270 hp V6 |
| TRD Pro 4WD | 44 | $41,850 | 4X4 | 4.0L 270 hp V6 |
| SR5 | 50 | $34,010 | 4X2 | 4.0L 270 hp V6 |
| Limited | 15 | $42,325 | 4X2 | 4.0L 270 hp V6 |
| SR5 Premium | 13 | $36,690 | 4X2 | 4.0L 270 hp V6 |
| Trail 4WD | 9 | $36,915 | 4X4 | 4.0L 270 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New Models Command High Prices: The 2025 Toyota 4Runner shows a significant markup, currently priced at $54,965, indicative of strong demand for new vehicles despite a $41,270 MSRP.
- Rapid Depreciation in Older Models: The 2017 4Runner has the highest depreciation at -46.5% compared to its MSRP of $34,210, indicating a robust market for newer, used models as buyers shift preferences.
- Best Value Year: The 2022 model represents a balanced purchase option with prices near MSRP at $38,906, suggesting lower depreciation and reasonable upfront costs.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 | $41,270 | $54,965 | +33.1% |
| 2024 | $40,705 | $42,918 | +5.5% |
| 2023 | $40,155 | $44,786 | +11.5% |
| 2022 | $38,105 | $38,906 | +2.1% |
| 2021 | $36,765 | $41,185 | +12.2% |
| 2020 | $36,120 | $41,197 | +14.1% |
| 2019 | $35,310 | $32,657 | -9.1% |
| 2018 | $34,810 | $26,831 | -23.0% |
| 2017 | $34,210 | $18,287 | -46.5% |
| 2015 | $33,010 | $19,582 | -40.4% |
| 2014 | $32,820 | $18,392 | -44.0% |
These recommendations are based on CarGurus' proprietary market data from May 14, 2026, CarGurus experts' opinions, and generative AI.
