Summary

• With 1,866 currently listed for sale and an average price of $12,879.00, 29.6% 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.

• 49.4% of 2016 Corolla models on CarGurus are accident free.

• The 2016 Toyota Corolla is known for its impressive fuel economy, spacious cabin, and cost-effectiveness, making it a reliable choice for daily driving.

Why it stands out

The 2016 Toyota Corolla continues to be a strong contender in the economy car segment, thanks to its blend of reliability, fuel efficiency, and value for money. With a focus on impressive fuel economy, the Corolla is powered by a 1.8-liter inline 4-cylinder engine that delivers 132 horsepower, making it suitable for everyday driving. The car's spacious interior offers ample legroom and headroom for both front and rear passengers, enhancing comfort on longer journeys. While it may lack some of the latest high-tech features found in competitors, the Corolla compensates with a straightforward and user-friendly layout, making it easy to operate. The 2016 model also introduces a Special Edition trim, which adds unique styling elements and features, appealing to buyers looking for a bit more flair. Overall, the Corolla's reputation for reliability and cost-effectiveness makes it an appealing choice for budget-conscious consumers.

Other model years to consider

• 2024 Toyota Corolla

  • Average price: $21,282.00
  • Good/great deal percentage: 31.7%
  • Total listings: 6,854

• 2023 Toyota Corolla

  • Average price: $20,822.00
  • Good/great deal percentage: 32.2%
  • User rating: 4.33 / 5
  • Total listings: 6,155

• 2021 Toyota Corolla

  • Average price: $17,244.00
  • Good/great deal percentage: 30.7%
  • User rating: 4.43 / 5
  • Total listings: 3,089

This analysis is based on CarGurus' proprietary market data from July 31, 2026, CarGurus experts' opinions, and generative AI.