Used 2016 Toyota Corolla for Sale nearIndianapolis, IN

Compare 2016 Toyota Corolla Trims in Indianapolis, IN

The 2016 Toyota Corolla offers a range of trims that balance affordability and efficiency, making it a solid choice for budget-conscious shoppers.

• Starting at $10,300
• Best MPG/MPGe: 29 city / 38 hwy
• Most Popular: LE

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

L — "Who It's For"

The L is the pick for shoppers who want a budget-friendly option without paying for extra features.

• Avg. market price: $10,300 (updated weekly)
• MPG/MPGe: 28 city / 37 hwy
• Inventory: 48 listings
• View L listings

LE — "Who It's For"

The LE is the pick for shoppers who want a well-rounded Corolla with popular features at a reasonable price.

• Avg. market price: $14,959 (updated weekly)
• MPG/MPGe: 29 city / 38 hwy
• Inventory: 156 listings — widest selection in the lineup
• View LE listings

LE Plus — "Who It's For"

The LE Plus is the pick for shoppers who want a few more features without a significant price jump.

• Avg. market price: $14,377 (updated weekly)
• MPG/MPGe: 29 city / 38 hwy
• Inventory: 13 listings — lower availability; may limit negotiating room
• View LE Plus listings

S — "Who It's For"

The S is the pick for shoppers who want a sporty look and feel without breaking the bank.

• Avg. market price: $14,377 (updated weekly)
• MPG/MPGe: 29 city / 38 hwy
• Inventory: 39 listings
• View S listings

S Plus — "Who It's For"

The S Plus is the pick for shoppers who want a sportier Corolla with added luxury features.

• Avg. market price: $14,377 (updated weekly)
• MPG/MPGe: 28 city / 37 hwy
• Inventory: 38 listings
• View S Plus listings

S Premium — "Who It's For"

The S Premium is the pick for shoppers who want a fully loaded Corolla with all the bells and whistles.

• Avg. market price: $14,377 (updated weekly)
• MPG/MPGe: 29 city / 38 hwy
• Inventory: 10 listings — lower availability; may limit negotiating room
• View S Premium listings

Trim Recommendations

Most Popular — LE

With 156 active listings, the LE is the clear volume leader in the lineup.

Browse LE listings

Best Budget Option — L

At $10,300 avg market price — below the lineup median of $14,377 — it's the most accessible entry point.

Browse L listings

Best for Fuel Economy — LE

The LE offers the best fuel economy in the lineup with 29/38 MPG.

Browse LE listings

These recommendations are based on CarGurus' proprietary market data from September 24, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2016 Toyota Corolla cost?

Prices are up 2.41% year-over-year — a sign of continued demand for this model year.

There are 1,862 listings available, which gives you a solid pool to compare prices and equipment.

Is the 2016 Toyota Corolla a good car?

Yes — the 2016 Toyota Corolla earns a 4.67/5 user rating and a 7.5/10 expert rating. The standout strength is Cost effectiveness at 9/10.

Owners consistently praise its fuel efficiency, smooth ride, and value for money. They also describe it as comfortable and dependable, with a polished feel for the price. In practical terms, that makes it a strong fit if you want an economy car that emphasizes everyday usability, affordability, and a more upscale impression than its price suggests.

The market also shows 30.0% good or great deals, which suggests there are still worthwhile opportunities if you shop carefully.

Is the 2016 Toyota Corolla reliable?

Owners rate it 4.67/5, a strong signal of long-term satisfaction.

User feedback repeatedly describes the Corolla as reliable and dependable, and the expert evaluation reinforces that it is built around cost-effective, trouble-free daily driving. The expert writeup also emphasizes that it can provide reliable daily driving for years, if not decades to come.

For used buyers, the main long-term ownership risk is making sure the CVT-equipped cars have been maintained properly and that any prior-use issues are caught before you buy.

What should I look for when buying a used 2016 Toyota Corolla?

At 46.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle-history report and then prioritize a pre-purchase inspection, especially if the car has higher mileage or incomplete service records. Focus on overall condition, signs of prior bodywork, and whether the car’s equipment matches the trim you expect. Because owner feedback mentions concerns about the CVT transmission, it’s smart to pay close attention to how the car drives and whether maintenance documentation is available.

Key things to evaluate:

• Trim level: The L is the most basic version, while the LE adds a 6.1-inch touchscreen, remote keyless entry, automatic climate control, and SofTex-trimmed seats. The S adds a unique grille with integrated fog lights, available 17-inch alloy wheels, chrome-tipped exhaust, and a rear spoiler.
• Powertrain: The Corolla uses a 1.8-liter inline 4-cylinder. Most versions make 132 horsepower and 128 pound-feet of torque, while the LE Eco uses Valvematic and other tweaks to reach 140 hp and 126 lb-ft of torque. The L can be paired with a 6-speed manual or 4-speed automatic, and most other versions use a CVT.
• Safety package: Every Corolla features the Star Safety System, which includes eight standard airbags, vehicle stability control, traction control, and antilock brakes. Models with the touchscreen also get an integrated backup camera. The Corolla does not offer forward-collision warning, lane-departure warning, blind-spot monitoring, or adaptive cruise control.
• Infotainment: The base car uses a conventional touchscreen and controls layout. The LE gets a 6.1-inch touchscreen, Entune apps, voice control, and Siri Eyes Free when paired to a Bluetooth-connected iPhone. Toyota does not offer Apple CarPlay or Android Auto.
• Fuel efficiency: The most common CVT and FWD setup earns 29 mpg city/38 highway/32 combined. The base L with the 4-speed automatic returns 27/36/31, 6-speed versions return 28/37/31, and the LE Eco gets 30 mpg city/42 highway/36 combined.

Which 2016 Toyota Corolla trim should I buy?

The 2016 Toyota Corolla is offered in 4 trim levels: L, LE, LE Eco, S.

Here's the short version:

• L: This is the entry point, and it makes sense if you want the lowest starting price and the basics, including Bluetooth, USB input, LED headlights, and eight airbags. It is the most budget-focused choice, but it also leaves out the convenience and tech upgrades found higher up the range.
• LE: This is the best-value trim for most shoppers because it adds the 6.1-inch touchscreen, remote keyless entry, automatic climate control, and SofTex-trimmed seats without pushing the car into a much pricier territory. If you want the most balanced mix of comfort and equipment, this is the one to target.
• LE Eco: Choose this if fuel economy is your top priority. It brings the efficiency-focused engine tune and the best mpg figures in the lineup, making it the right pick for high-mileage commuters.
• S: This trim is for you if you want the sportier appearance package, with the unique grille, fog lights, available 17-inch wheels, chrome-tipped exhaust, and rear spoiler. It adds style more than performance, so it suits buyers who care about looks and a slightly more expressive feel.

Every Corolla includes the Star Safety System, and touchscreen-equipped models also get an integrated backup camera.

Is now a good time to buy a used 2016 Toyota Corolla?

This is a moderate market for selective buyers, so it makes sense to shop carefully and compare listings before moving quickly.

• Deal availability: 30.0% of listings are priced as good or great deals.
• Inventory: There are 1,862 listings available.
• Price trend: Prices are up 2.41% year-over-year.
• Clean inventory: 46.8% of listings are accident-free.

If you find a listing below $11,981, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Corolla's resale value?

The current average of $12,817 sits slightly above last year's $12,516.

That upward move suggests the Corolla continues to hold buyer interest well enough to support pricing. For a future seller, that matters because a model with steady demand is usually easier to move without steep discounting. The year-round range also shows that values have stayed fairly tight, which points to a relatively stable resale profile.

Vehicles with strong owner satisfaction ratings, like this model year's 4.67/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Toyota Corolla safe?

The 2016 Toyota Corolla earns a 7/10 safety score from our experts.

Every Corolla features the Star Safety System, which includes eight standard airbags, vehicle stability control, traction control, and antilock brakes. Models equipped with the touchscreen also have an integrated backup camera. The Corolla’s upright driving position also helps rearward visibility and sightlines.

The main caveat is that it lacks several advanced driver-assistance features that were becoming more common in the segment, including forward-collision warning, lane-departure warning, blind-spot monitoring, and adaptive cruise control.

Should I buy a 2016 Toyota Corolla or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 30.0% of listings are priced as good or great deals.
• At 46.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices are up 2.41% year-over-year.
• Owners rate it 4.67/5 — a strong satisfaction signal.
• It balances strong value, fuel economy, and a polished everyday driving experience.

Consider the 2015 if:

• At $11,851, the 2015 costs less than the current year's $12,817 average.
• It emphasizes reliable, sensible transportation with a bit of style.

Consider the 2017 if:

• At $13,884, the 2017 costs more than the current year's $12,817 average.
• It adds standard Safety Sense P and a reversing camera.

The bottom line: If you want the best mix of value, efficiency, and broad availability, the 2016 is the smart middle ground. If your priority is saving money, the 2015 is the better budget play. If you want more standard safety equipment and can spend more, the 2017 is the stronger upgrade path.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.