Used 2016 Toyota Tacoma for Sale near Colorado

How much does the 2016 Toyota Tacoma cost?

Prices have softened 1.39% compared to this time last year, making it a favorable time to shop this model year.

There are 2,256 listings available, which suggests you have a decent amount of inventory to compare.

Is the 2016 Toyota Tacoma a good car?

Generally — 4.33/5 from owners and 7.67/10 from our experts point to a truck that delivers strong overall appeal. The standout strength is Look and feel at 10/10.

Owners repeatedly praise its reliability, resale value, and long-lasting performance, and the Tacoma’s reputation for capability and predictability comes through clearly. It also fits buyers who want a midsize truck that’s easier to live with than a full-size pickup, especially if you value off-road ability and broad configuration choices. At the same time, some owners note pricing, minor issues, and interior storage as tradeoffs.

31.2% of listings are priced as good or great deals, so there are still worthwhile opportunities in the market.

Is the 2016 Toyota Tacoma reliable?

Owners rate it 4.33/5, a solid signal of long-term satisfaction. The owner feedback also points to reliability, long-lasting performance, and a truck you can count on over time.

The expert evaluation reinforces that dependability story, describing the Tacoma’s capability, reliability, and predictability as core strengths. It also notes that the truck isn’t likely to present unusual problems or unexpected major repairs, and that Toyota’s past efforts to address unforeseen issues should provide peace of mind.

For used buyers, the main long-term ownership risk is making sure a hard-used truck hasn’t been neglected or modified in ways that could affect durability.

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

At 60.4% 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 careful inspection of bodywork, frame condition, and signs of heavy use. Because this truck is often bought for work or off-road duty, condition matters as much as mileage. It’s also smart to focus on how the truck was maintained and whether any repairs suggest prior abuse.

Key things to evaluate:

• Trim level: The lineup starts with the hard-working SR and continues to the well-equipped SR5, TRD Sport, TRD Off-Road, and the range-topping Limited. SR and SR5 models use fabric-trimmed seats, while the TRD versions add unique upholstery and the Limited gets premium leather. The SR5 adds a 6.1-inch touchscreen and Scout GPS Link, while the TRD trims step up to Entune Premium Audio with a 7-inch touchscreen and navigation.
• Powertrain: You can choose a carried-over 2.7-liter 4-cylinder or a new 3.5-liter V6. The V6 is the stronger and more efficient choice, and it pairs with a 6-speed automatic or a 6-speed manual. The 4-cylinder can also be paired with a manual or automatic transmission.
• Safety package: The Tacoma carries the Toyota Star Safety System™, which includes vehicle stability control, traction control, antilock braking, electronic brakeforce distribution, brake assist, and Smart Stop brake-override technology. It also includes driver and passenger knee airbags, roll-sensing side curtain airbags, and active headrests. Blind-spot monitoring and rear cross-traffic alerts are available, but not every trim gets them.
• Infotainment: Base models get standard Bluetooth hands-free integration, audio streaming, Siri® Eyes Free, touchscreen controls, and voice recognition. Higher trims add navigation and an App Suite, while the SR5’s 6.1-inch touchscreen and the TRD trims’ 7-inch touchscreen mark meaningful upgrades. There is no WiFi hotspot capability.
• Fuel efficiency: The 4-cylinder returns 19 mpg city/23 highway/21 combined with RWD, while the V6 returns 19/24 with RWD and 18/23 with 4WD. The V6 also posted an observed average of 19.5 mpg.

Which 2016 Toyota Tacoma trim should I buy?

The 2016 Toyota Tacoma is offered in 5 trim levels: SR, SR5, TRD Sport, TRD Off-Road, and Limited.

Here's the short version:

• SR: This is the work-focused starting point, with fabric seats and standard Entune audio. It makes sense if you want the Tacoma’s core toughness and don’t need many extras.
• SR5: This is the best-value trim for many shoppers because it adds Entune Audio Plus, a 6.1-inch touchscreen, and the Scout GPS Link navigation app. It gives you a better everyday experience without jumping too far up the price ladder.
• TRD Sport: Choose this if you want a more upscale-feeling Tacoma with the TRD-specific interior and Entune Premium Audio with a 7-inch touchscreen and navigation.
• TRD Off-Road: This is the trim to target if you care most about off-pavement capability. It adds extra skidplates, Bilstein suspension dampers, and an off-road-tuned suspension.
• Limited: This is the range-topper, with premium leather and the Entune Premium JBL Audio system. It’s the pick if you want the most comfort and equipment.

Blind-spot monitoring with rear cross-traffic alerts is available, so check whether the specific truck you’re considering has that safety equipment.

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

The market looks moderately favorable if you’re selective and willing to compare listings carefully.

• Deal availability: 31.2% of listings are priced as good or great deals.
• Inventory: There are 2,256 listings available.
• Price trend: Prices have softened 1.39% compared with last year.
• Clean inventory: 60.4% of listings are accident-free.

If you find a listing below $23,328, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Tacoma's resale value?

The current average of $24,069 sits slightly below last year's $24,409.

That modest decline suggests the Tacoma remains in a relatively stable pricing band rather than dropping sharply. For a future seller, that’s a good sign: you’re not looking at a truck that has suddenly lost market appeal. The Tacoma’s strong reputation for durability and owner satisfaction should continue to support demand, especially for well-kept examples with desirable equipment.

Vehicles with solid owner satisfaction ratings, like this model year's 4.33/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Toyota Tacoma safe?

The 2016 Toyota Tacoma earns an 8/10 safety score from our experts.

It carries the Toyota Star Safety System™, which includes vehicle stability control, traction control, antilock braking, electronic brakeforce distribution, brake assist, and Smart Stop brake-override technology. The airbag system adds driver and passenger knee airbags, roll-sensing side curtain airbags, and active headrests for the front seats. Blind-spot monitoring and rear cross-traffic alerts are also mentioned among the available driver aids.

One important caveat is that crash-test ratings for this model year weren’t yet available in the provided data, so you should lean more heavily on the truck’s standard safety equipment and the condition of the specific vehicle you’re considering.

Should I buy a 2016 Toyota Tacoma 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:

• 31.2% of listings are priced as good or great deals.
• At 60.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 1.39% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.
• The 2016 brings a major redesign, a broader trim lineup, and a stronger mix of refinement and capability.

Consider the 2015 if:

• At $20,498, the 2015 costs less than the current year's $24,069 average.
• It appeals to buyers who want rugged capability and a simpler, more off-road-focused identity.

The bottom line: If you want the more modern Tacoma with better refinement, broader configuration choices, and stronger everyday usability, the 2016 is the better default pick. If your priority is spending less and you’re comfortable with an older, more purpose-built truck, the 2015 is the value-oriented alternative.

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