Summary

• With 1,941 currently listed for sale and an average price of $12,676.00, 31.1% of 2016 Toyota Corollas for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2016 Toyota Corolla 4.67 / 5 stars.

• 47.0% of 2016 Corolla models on CarGurus are accident-free.

• The 2016 Toyota Corolla stands out for its fuel efficiency, offering an impressive EPA-estimated 29 mpg city and 38 mpg highway, making it a cost-effective choice in the economy car segment.

Why it stands out

The 2016 Toyota Corolla has become a staple in the economy car market due to its blend of reliability, fuel efficiency, and comfort. This generation features an aggressive new design, enhanced interior aesthetics, and spacious seating for both front and rear passengers. While it faces competition with newer feature-rich compact cars, the Corolla maintains a strong appeal with essential features and a price point that supports buyers looking for good value. The expert review highlights its cost-effectiveness, scoring a notable 9 in that category, which makes it an attractive option for budget-conscious consumers. The Corolla may not lead in performance or technology, such as smartphone connectivity via Apple CarPlay or Android Auto, but it compensates with a well-rounded package that maximizes comfort and efficiency.

Other model years to consider

• 2024 Toyota Corolla

  • Average price: $21,318.00
  • Good/great deal percentage: 33.1%
  • Total listings: 6,510

• 2023 Toyota Corolla

  • Average price: $20,658.00
  • Good/great deal percentage: 33.3%
  • User rating: 4.33 / 5
  • Total listings: 6,134

• 2021 Toyota Corolla

  • Average price: $17,257.00
  • Good/great deal percentage: 31.1%
  • User rating: 4.43 / 5
  • Total listings: 3,309

This analysis is based on CarGurus' proprietary market data from June 8, 2026, CarGurus experts' opinions, and generative AI.