How much does the 2016 Toyota Highlander cost?

Prices have softened 3.47% compared to this time last year, making it a favorable time to shop this model year.

There are 1,784 listings available, which suggests you have a meaningful amount of inventory to compare.

If you find a listing below $17,933.39, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Toyota Highlander a good car?

Yes — owners rate it 4.93/5, which is a strong sign that the 2016 Toyota Highlander delivers on what used buyers want. Reviewers consistently point to its comfort, reliability, and feature content, and they also praise the smooth ride and strong V6 power.

That lines up well with the Highlander’s practical, family-focused setup: it’s built for everyday usability, with a roomy cabin and a long list of convenience and safety features. If you want a comfortable midsize SUV that prioritizes ease of ownership over excitement, this model year fits that use case well.

31.6% of listings are priced as good or great deals, so there are still opportunities if you shop carefully.

Is the 2016 Toyota Highlander reliable?

Owners rate it 4.93/5, a strong signal of long-term satisfaction.

The owner feedback also emphasizes reliability, and it repeatedly frames the Highlander as a vehicle people feel good about keeping for the long haul. That kind of praise matters for used shoppers because it suggests the SUV has a reputation for being dependable and trouble-free in everyday ownership.

For you, the main long-term risk is less about the model’s overall reputation and more about buying a poorly maintained example, so condition and service history should still drive your decision.

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

At 58.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean examples from those with accident records. After that, prioritize a pre-purchase inspection, especially on higher-mileage listings or vehicles with incomplete service documentation.

Focus your condition check on signs of prior bodywork, uneven panel gaps, tire wear, and any interior or mechanical issues that suggest harder use. A clean, well-kept Highlander is the kind of used SUV that can reward careful shopping.

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

This looks like a moderate, selective buyer’s market, where careful shoppers can still find value without expecting deep discounts across the board.

• Deal availability: 31.6% of listings are priced as good or great deals.
• Inventory: There are 1,784 listings available.
• Price trend: Prices have softened 3.47% compared with last year.
• Clean inventory: 58.6% of listings are accident-free.

If you find a listing below $17,933.39, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Highlander's resale value?

The current average of $18,398 sits slightly below last year's $19,060.

That softer pricing suggests the market has cooled a bit, which can help you buy more selectively now, but it also means future resale gains may be more gradual. If you plan to sell later, the best protection is to buy a clean, well-maintained example at a strong price and keep it in good condition.

Vehicles with strong owner satisfaction ratings, like this model year's 4.93/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Toyota Highlander 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:

• 31.6% of listings are priced as good or great deals.
• At 58.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 3.47% compared with last year.
• Owners rate it 4.93/5 — a strong satisfaction signal.

Consider the 2017 if:

• At $20,489, the 2017 costs more than the current year's $18,398 average.
• Toyota updated the V6, added the SE trim, and made Safety Sense standard.

The bottom line: You should start with the 2016 if you want the better value and are willing to shop carefully for a clean example. If you’re willing to pay more for a fresher update and a stronger standard-safety package, the 2017 is the better upgrade path. For price-sensitive buyers, the 2016 remains the smarter buy as long as you verify history and condition.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.