Used 2016 Toyota Corolla for Sale nearNewark, NJ
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 120,221
- Stock #:
- 2T1BURHE8FC478666
- VIN:
- 2T1BURHE8FC478666


Sponsored by Maserati of Monmouth
2015 Toyota Corolla
LE
120,221 mi
$9,306
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 124,697
- Stock #:
- 577596
- VIN:
- 5YFBURHE0HP577596

Sponsored Listing
2017 Toyota Corolla
LE
124,697 mi
$11,390
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- White
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 148,324
- Stock #:
- 637218
- VIN:
- 2T1BURHE8GC637218

Sponsored Listing
2016 Toyota Corolla
S Plus
148,324 mi
$10,190
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- White
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 148,324
- Stock #:
- 637218
- VIN:
- 2T1BURHE8GC637218

2016 Toyota Corolla
S Plus
148,324 mi
$10,190
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 171,270
- Stock #:
- T520519
- VIN:
- 5YFBURHE7GP520519

2016 Toyota Corolla
S Premium
171,270 mi
$8,240
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Classic Silver Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Steel Gray
- Transmission:
- 4-Speed Automatic
- Mileage:
- 45,401
- VIN:
- 2T1BURHE2GC559969

2016 Toyota Corolla
L
45,401 mi
$11,885
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Classic Silver Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 92,446
- Stock #:
- 832861
- VIN:
- 2T1BURHE9HC832861

2017 Toyota Corolla
SE
92,446 mi
$13,294
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Red
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 30,990
- Stock #:
- 698378
- VIN:
- 2T1BURHE5GC698378

2016 Toyota Corolla
LE
30,990 mi
$15,388
- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Super White
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ash
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 62,187
- Stock #:
- U60792P
- VIN:
- 2T1BURHE5FC345993

2015 Toyota Corolla
LE
62,187 mi
$15,939
- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Red
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 199,985
- Stock #:
- 317974
- VIN:
- 2T1BURHE4FC317974

2015 Toyota Corolla
S Plus
199,985 mi
$7,418
- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Classic Silver Metallic
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ash
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 136,547
- VIN:
- 2T1BURHE8FC415664

2015 Toyota Corolla
LE
136,547 mi
$9,176
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 58,935
- Stock #:
- 503019
- VIN:
- 2T1BURHE1GC503019

2016 Toyota Corolla
LE
58,935 mi
$14,585
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Slate Metallic
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Steel Gray
- Transmission:
- Automatic
- Mileage:
- 134,040
- Stock #:
- 742823
- VIN:
- 2T1BURHE2GC742823

2016 Toyota Corolla
LE
134,040 mi
$10,784
CarGurus Analysis:
2016 Toyota Corolla
With 181 currently listed for sale and an average price of $11,977, 25.4% of 2016 Toyota Corolla listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Toyota Corolla 4.67 / 5 stars and CarGurus experts gave it a 7.5 / 10.
86.7% of 2016 Toyota Corolla listings on CarGurus are accident free.
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Falcon Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 126,555
- VIN:
- 2T1BURHE3HC893610

2017 Toyota Corolla
LE
126,555 mi
$11,585
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Black Sand Pearl
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 116,466
- Stock #:
- KU1835T
- VIN:
- 2T1BURHE7HC944333

2017 Toyota Corolla
XSE
116,466 mi
$12,200
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Red
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 120,958
- VIN:
- 5YFBURHE1GP375655

2016 Toyota Corolla
LE
120,958 mi
$11,284
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Classic Silver Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ash
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 28,161
- Stock #:
- J1276
- VIN:
- 5YFBURHE0HP625825

2017 Toyota Corolla
LE
28,161 mi
$17,399
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Black Sand Pearl
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Steel Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 38,381
- Stock #:
- TH514737SA
- VIN:
- 2T1BURHE8HC811984

2017 Toyota Corolla
L
38,381 mi
$17,271
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- White
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 117,132
- Stock #:
- KD506988
- VIN:
- 5YFBURHE5GP506988

2016 Toyota Corolla
LE
117,132 mi
$12,230
- Year:
- 2017
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Red
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 101,667
- Stock #:
- 960474
- VIN:
- 2T1BURHE6HC960474

2017 Toyota Corolla
SE
101,667 mi
$14,494
- Year:
- 2016
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Black Sand Pearl
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 112,989
- Stock #:
- 28982
- VIN:
- 5YFBURHE3GP500087

2016 Toyota Corolla
S Plus
112,989 mi
$11,893
- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Red
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 165,157
- Stock #:
- 415410-10
- VIN:
- 2T1BURHEXFC415410

2015 Toyota Corolla
LE Premium
165,157 mi
$7,794
- Year:
- 2015
- Make:
- Toyota
- Model:
- Corolla
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 132 hp 1.8L I4
- Exterior color:
- Super White
- Combined gas mileage:
- 33 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ash
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 62,187
- Stock #:
- U60792P
- VIN:
- 2T1BURHE5FC345993

Sponsored Listing
2015 Toyota Corolla
LE
62,187 mi
$15,939
CarGurus Analysis: 2016 Toyota Corolla
overall

Summary
With 181 currently listed for sale and an average price of $11,977, 25.4% of 2016 Toyota Corolla listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Toyota Corolla 4.67 / 5 stars and CarGurus experts gave it a 7.5 / 10.
86.7% of 2016 Toyota Corolla listings on CarGurus are accident free.
Why it stands out
The 2016 Toyota Corolla stands out as a practical economy car that puts a strong emphasis on fuel economy and cost-effectiveness. It is described as having all the features you really need, wrapped in an eye-catching package and priced to be one of the best deals in the small-car segment. That combination makes it appealing to buyers who want a sensible daily driver without giving up a polished look.
At the same time, the Corolla faces stronger competition than before, and the source notes that some rivals offer features the Corolla does not. Even so, it remains a must-see for shoppers in the economy-car market because it balances value, efficiency, and a straightforward feature set. Owner feedback also points to a smooth ride and a comfortable feel, while some drivers have noted the lack of remote start and concerns about the CVT transmission.
Other model years to consider
- 2024 Toyota Corolla
- Average price: $19,834
- Good/great deal percentage: 73.2%
- User rating: 5 / 5
- Total listings: 328
- 2021 Toyota Corolla
- Average price: $15,506
- Good/great deal percentage: 36.8%
- User rating: 4.43 / 5
- Total listings: 299
- 2026 Toyota Corolla
- Average price: $24,286
- Good/great deal percentage: 77.1%
- User rating: 5 / 5
- Total listings: 275
Similar models to consider
- 2016 Honda Civic
- Average price: $12,864
- Good/great deal percentage: 27.4%
- User rating: 4.86 / 5
- Total listings: 299
- 2016 Mazda MAZDA3
- Average price: $11,548
- Good/great deal percentage: 14.7%
- User rating: 4.3 / 5
- Total listings: 75
- 2016 Hyundai Elantra
- Average price: $7,949
- Good/great deal percentage: 10.7%
- User rating: 4.7 / 5
- Total listings: 112
This analysis is based on CarGurus' proprietary market data from October 19, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.7 Overall rating
Filter by rating
Alex L
Reviewed a 2016 Toyota Corolla on Jul 2, 2022
This is a fantastic car. Rides smooth, lots of space without being a massive car, excellent mileage, classy but affordable. Casual but practical. Any Toyota sedan is going to treat you incredibly. Reminds me a lot of my old Toyota Camry.
Phiroze I
Reviewed a 2016 Toyota Corolla on Aug 24, 2023
Simple, it’s a Toyota. They are the best. Reliable and dependable.
Sharon J
Reviewed a 2016 Toyota Corolla on Mar 20, 2022
Good handling, base model comparable to Nissan Sentra. Price is high for base level features.
Anonymous
Reviewed a 2016 Toyota Corolla on Mar 21, 2022
well engineered interior design very well thought out overall i love it
Compare 2016 Toyota Corolla Trims in Newark, NJ
The 2016 Toyota Corolla offers a range of trims that balance affordability and efficiency, with the LE being the most popular choice among buyers.
- Starting at $10,495
- Best MPG/MPGe: 29 city / 38 hwy
- Most Popular: LE
Trim Overview
Prices updated weekly from CarGurus listings.
| L | LE (Most Popular) | LE Plus | S | S Plus | S Premium | |
|---|---|---|---|---|---|---|
| Starting MSRP | $17,300 | $18,735 | $19,135 | $19,365 | $20,065 | $23,125 |
| Avg. Market Price | $10,495 | $13,506 | $11,979 | $11,979 | $10,745 | $11,498 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera | Bluetooth, Backup Camera | Backup Camera, Bluetooth | Bluetooth, Backup Camera | Bluetooth, Backup Camera | Bluetooth, Navigation System |
| Drivetrain | FWD | FWD | FWD | FWD | FWD | FWD |
| Listings Available | 38 | 232 | 16 | 48 | 51 | 14 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| L | LE | LE Plus | S | S Plus | S Premium | |
|---|---|---|---|---|---|---|
| AI Summary | Best value for budget-conscious shoppers | Most popular choice with great features | Good balance of features and price | Sporty option with added features | Affordable sporty trim with extras | Fully loaded with premium features |
| Avg. Market Price | $10,495 | $13,506 | $11,979 | $11,979 | $10,745 | $11,498 |
| MSRP | $17,300 | $18,735 | $19,135 | $19,365 | $20,065 | $23,125 |
| Engine | 1.8L 132 hp I4 | 1.8L 132 hp I4 | 1.8L 132 hp I4 | 1.8L 132 hp I4 | 1.8L 132 hp I4 | 1.8L 132 hp I4 |
| Drivetrain | FWD | FWD | FWD | FWD | FWD | FWD |
| MPG/MPGe (City/Hwy) | 28/37 | 29/38 | 29/38 | 29/38 | 28/37 | 29/38 |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | ✓ | ✓ | — | — | — | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Leather Seats | — | — | — | — | ✓ | ✓ |
| CarPlay | — | — | — | — | ✓ | — |
| Active Listings | 38 | 232 | 16 | 48 | 51 | 14 |
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: $10,495 (updated weekly)
- MPG/MPGe: 28 city / 37 hwy
- Inventory: 38 listings
- View L listings
LE — "Who It's For"
The LE is the pick for shoppers who want a well-rounded compact car with popular features at a reasonable price.
- Avg. market price: $13,506 (updated weekly)
- MPG/MPGe: 29 city / 38 hwy
- Inventory: 232 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: $11,979 (updated weekly)
- MPG/MPGe: 29 city / 38 hwy
- Inventory: 16 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 sportier look and feel without breaking the bank.
- Avg. market price: $11,979 (updated weekly)
- MPG/MPGe: 29 city / 38 hwy
- Inventory: 48 listings
- View S listings
S Plus — "Who It's For"
The S Plus is the pick for shoppers who want sporty features and a stylish design at an affordable price.
- Avg. market price: $10,745 (updated weekly)
- MPG/MPGe: 28 city / 37 hwy
- Inventory: 51 listings
- View S Plus listings
S Premium — "Who It's For"
The S Premium is the pick for shoppers who want a fully loaded compact car with all the bells and whistles.
- Avg. market price: $11,498 (updated weekly)
- MPG/MPGe: 29 city / 38 hwy
- Inventory: 14 listings — lower availability; may limit negotiating room
- View S Premium listings
Trim Recommendations
Most Popular — LE
With 232 active listings, the LE is the clear volume leader in the lineup.
Best Budget Option — L
At $10,495 avg market price — below the lineup median of $11,738 — it's the most accessible entry point.
Best for Fuel Economy — LE
The LE offers the best fuel efficiency in the lineup with 29/38 MPG/MPGe.
These recommendations are based on CarGurus' proprietary market data from October 15, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2016 Toyota Corolla Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Toyota Corolla prices has changed over time.
See more price trends2016 Toyota Corolla Pricing Analysis: Newark, NJ Market Report
Pricing in Nearby Cities
Market Area: Newark, NJ
Key Insights
- Highest-Price Market: Allentown, PA leads with an average price of $13,817, indicating a premium demand in that area.
- Best Value: Newburgh, NY offers the lowest average price at $11,555, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Trenton, NJ has the most listings at 195, suggesting a robust market presence that may stabilize pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Trenton, NJ | 195 | $13,268 |
| New Brunswick, NJ | 190 | $12,138 |
| Stamford, CT | 180 | $11,899 |
| New York, NY | 178 | $11,954 |
| Philadelphia, PA | 177 | $13,649 |
| Allentown, PA | 172 | $13,817 |
| Toms River, NJ | 161 | $12,512 |
| New Haven, CT | 157 | $11,740 |
| Holtsville, NY | 154 | $12,797 |
| Newburgh, NY | 151 | $11,555 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The LE trim has the highest inventory with 239 listings, indicating strong consumer preference for this configuration.
- Premium Spread: The S Premium trim, priced at $23,125, shows a significant premium over the LE trim's MSRP of $18,735, highlighting the value of additional features.
- Drivetrain Effect: All trims feature a FWD drivetrain, suggesting uniformity in performance characteristics across the model range.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| LE | 239 | $18,735 | FWD | 1.8L 132 hp I4 |
| S | 59 | $19,365 | FWD | 1.8L 132 hp I4 |
| L | 37 | $17,300 | FWD | 1.8L 132 hp I4 |
| S Plus | 45 | $20,065 | FWD | 1.8L 132 hp I4 |
| LE Plus | 17 | $19,135 | FWD | 1.8L 132 hp I4 |
| S Premium | 13 | $23,125 | FWD | 1.8L 132 hp I4 |
| LE Premium | 4 | $22,195 | FWD | 1.8L 132 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year is priced at $24,105, reflecting a 4.2% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2016 model shows the steepest depreciation at -32.0%, suggesting significant value loss over time, which may benefit used car buyers.
- Best Value Sweet Spot: The 2024 model year, with an average price of $19,785, represents a potential sweet spot for buyers looking for a balance between price and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $23,125 | $24,105 | +4.2% |
| 2025 | $22,325 | $22,275 | -0.2% |
| 2024 | $22,050 | $19,785 | -10.3% |
| 2023 | $21,700 | $19,748 | -9.0% |
| 2022 | $20,425 | $17,707 | -13.3% |
| 2021 | $20,025 | $16,021 | -20.0% |
| 2020 | $19,600 | $16,063 | -18.0% |
| 2019 | $18,700 | $14,906 | -20.3% |
| 2018 | $18,600 | $13,385 | -28.0% |
| 2017 | $18,500 | $12,804 | -30.8% |
| 2016 | $17,300 | $11,768 | -32.0% |
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2016 Toyota Corolla cost?
| Metric | Value |
|---|---|
| Current Average Price | $12,865 |
| Year-Round Low | $11,969 |
| Year-Round High | $13,016 |
| Average Price a Year Ago | $12,462 |
| Change vs. Last Year | +3.24% |
Prices are up 3.24% year-over-year — a sign of continued demand for this model year.
There are 1,988 listings available, which gives you a solid pool of options to compare.
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. The feedback also points to a comfortable cabin with a more upscale feel than you might expect at this price. In use, that lines up with the Corolla’s practical, everyday focus: it is built to be a sensible daily driver with a polished look and a straightforward feature set.
With 32.2% of listings marked as good or great deals, you still have room to find a strong-value example.
Is the 2016 Toyota Corolla reliable?
Owners rate it 4.67/5, a strong signal of long-term satisfaction.
User feedback describes the Corolla as reliable and dependable, and it also highlights its fuel efficiency and smooth ride. The expert evaluation reinforces that theme by describing the car as a cost-effective, fuel-efficient daily driver that can provide reliable transportation for years, if not decades. The ownership picture is helped by the Corolla’s straightforward mechanical setup, though some shoppers may want to pay extra attention to the CVT if they are comparing used examples.
For used buyers, the main long-term risk is less about the Corolla’s core mission and more about finding one that has been maintained well and driven gently.
What should I look for when buying a used 2016 Toyota Corolla?
At 44.1% 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 had prior bodywork or higher mileage. Focus on overall condition, signs of uneven wear, and whether the car’s equipment matches the trim you expect. Because some shoppers have raised concerns about the CVT, it is smart to pay close attention to how the transmission behaves on a test drive.
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 sportier appearance with a unique grille, integrated fog lights, 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 technology and other tweaks for 140 hp and 126 lb-ft of torque. Most trims use a CVT, while the L can be had with a 6-speed manual or 4-speed automatic.
- Safety package: Every Corolla includes the Star Safety System with 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 upgrades to a 6.1-inch touchscreen with easy-to-use controls, Entune apps, voice control, and Siri Eyes Free when paired with a Bluetooth-connected iPhone. Apple CarPlay and Android Auto are not offered.
- Fuel efficiency: The most common CVT and FWD setup returns 29 mpg city/38 highway/32 combined. The base L with the 4-speed automatic gets 27/36/31, 6-speed versions return 28/37/31, and the LE Eco reaches 30/42/36.
Which 2016 Toyota Corolla trim should I buy?
The 2016 Toyota Corolla is offered in 4 trim levels: L, LE, LE Eco, and S.
Here's the short version:
- L: This is the entry point if you want the lowest starting price and a simple, no-nonsense setup. It gives you the essentials, including Bluetooth, USB input, LED headlights, and eight airbags, but it is the most stripped-down choice.
- 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 price into the sportier trims.
- LE Eco: Choose this if fuel economy is your top priority. It uses the efficiency-focused engine tune and delivers the best mpg figures in the lineup.
- S: Pick this if you want the Corolla’s sportier appearance. It adds the unique grille, fog lights, chrome-tipped exhaust, and rear spoiler, but it is more about style than performance.
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 looks like a moderate, selective buyer’s market, so you can shop patiently but still move quickly on a strong listing.
- Deal availability: 32.2% of listings are priced as good or great deals.
- Inventory: There are 1,988 listings available.
- Price trend: Prices are up 3.24% year-over-year.
- Clean inventory: 44.1% of listings are accident-free.
If you find a listing below $11,969, 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 $12,865 sits slightly above last year's $12,462.
That upward move suggests the Corolla is holding buyer interest well in the used market. For a future seller, that matters because steady demand can help support pricing when you decide to list. The model’s value-focused reputation and broad appeal also make it easier to market than a more niche compact car.
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?
It 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 does not offer forward-collision warning, lane-departure warning, blind-spot monitoring, or adaptive cruise control, so its safety tech is more basic than what some rivals provide.
That means you get a solid standard safety foundation, but you should not expect the advanced driver-assistance coverage that newer or better-equipped competitors may offer.
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:
- 32.2% of listings are priced as good or great deals.
- At 44.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
- Price trend: Prices are up 3.24% year-over-year.
- Owners rate it 4.67/5 — a strong satisfaction signal.
- It delivers strong value, fuel economy, and a straightforward feature set in a competitive small-car market.
Consider the 2015 if:
- At $11,813, the 2015 costs less than the current year's $12,865 average.
- It emphasizes dependable, sensible transportation with a bit more style and modest driving enjoyment.
Consider the 2017 if:
- At $13,994, the 2017 costs more than the current year's $12,865 average.
- It adds standard Safety Sense P and a reversing camera for a more complete safety package.
The bottom line: If you want the best balance of price, efficiency, and everyday usefulness, the 2016 is the smart middle ground. If your budget is tighter, the 2015 can save you money, while shoppers who want more standard safety tech may prefer the 2017 even at a higher price.
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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