Used 2016 Toyota Tacoma for SaleNationwide

How much does the 2016 Toyota Tacoma cost?

Prices have softened 4.26% compared to this time last year, making it a favorable time to shop this model year.

There are 2,209 listings available, which gives you a solid pool of trucks to compare.

Is the 2016 Toyota Tacoma a good car?

Generally — the 2016 Toyota Tacoma earns a 4.3/5 user rating and a 7.7/10 expert rating, which points to broad appeal for shoppers who want a midsize pickup with strong reputation and everyday usability. The standout strength is Look and feel at 10/10.

Owners repeatedly praise its reliability, resale value, and long-lasting performance, and the overview frames it as a truck that’s easier to live with than a full-size pickup. That fits a buyer who wants a familiar, flexible truck with broad configuration choices and a reputation for capability. The market also shows 33.0% of listings as good or great deals, so there’s some room to shop selectively.

Is the 2016 Toyota Tacoma reliable?

Owners rate it 4.3/5, a solid signal of long-term satisfaction.

User feedback highlights reliability, resale value, and long-lasting performance, while the expert summary reinforces the Tacoma’s capability, reliability, and predictability. The performance notes also describe the truck as smooth and well-matched in its powertrain behavior, and the cost-effectiveness section says you can expect it to hold its value better than competitors. Toyota also notes that the Tacoma is not likely to present unusual problems or unexpected major repairs.

For used buyers, the main long-term ownership risk is less about catastrophic failure and more about finding a truck that has been maintained well and hasn’t accumulated hidden wear from hard use.

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

At 57.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should run a vehicle history report, prioritize a pre-purchase inspection, and pay close attention to signs of body, frame, suspension, and interior wear. Because this truck is often used for work, towing, or off-road driving, condition matters as much as mileage. Focus on whether the truck has been maintained consistently and whether any prior damage was repaired properly.

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. SRs and SR5s feature fabric-trimmed seats, while the Limited gets premium leather. The TRD Off-Road adds extra skidplates, Bilstein suspension dampers, and an off-road-tuned suspension, making it the most trail-focused choice.
• Powertrain: The Tacoma offers a carried-over 2.7-liter 4-cylinder with 159 hp and a new 3.5-liter V6 with 278 hp. The V6 is described as smoother and more efficient, and it brings stronger towing capability.
• Safety package: The Toyota Star Safety System™ includes vehicle stability control, traction control, antilock braking, electronic brakeforce distribution, brake assist, and Smart Stop brake-override technology. Available driver aids include blind-spot monitoring and rear cross-traffic alerts, while the airbag system includes knee airbags, roll-sensing side curtain airbags, and active headrests.
• Infotainment: SR5 models feature a 6.1-inch touchscreen with Scout GPS Link navigation app support, while TRD models get a 7-inch touchscreen with navigation and an App Suite. The truck also includes Bluetooth hands-free integration, audio streaming, Siri® Eyes Free, touchscreen controls, and voice recognition.
• Fuel efficiency: The 4-cylinder is rated at 19 mpg city/23 highway in RWD form, while the V6 is rated at 19/24 with RWD and 18/23 with 4WD. The TRD 4WD Off-Road tested here returned 18 mpg city/23 highway.

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-trimmed seats and standard Entune audio. It makes sense if you want the lowest entry point and don’t need much extra equipment.
• SR5: This is the best-value trim for many shoppers because it adds Entune Audio Plus with a 6.1-inch touchscreen and Scout GPS Link navigation app support. It gives you a more useful daily-driver setup without jumping too far up the price ladder.
• TRD Sport: This trim moves you toward a more premium-feeling Tacoma with unique upholstery and Entune Premium Audio, including a 7-inch touchscreen, navigation, and an App Suite.
• TRD Off-Road: This is the one to choose if you want the most trail-ready setup. It adds extra skidplates, Bilstein dampers, and an off-road-tuned suspension.
• Limited: This is the comfort-oriented choice, with premium leather and the Entune Premium JBL Audio system as standard equipment.

The safety package includes blind-spot monitoring with rear cross-traffic alerts, but availability varies by trim.

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

The market looks selective rather than overheated, so you can shop carefully and still find worthwhile listings.

• Deal availability: 33.0% of listings are priced as good or great deals.
• Inventory: There are 2,209 listings available.
• Price trend: Prices have softened 4.26% compared with last year.
• Clean inventory: 57.8% of listings are accident-free.

If you find a listing below $23,302, 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 $23,302 sits slightly below last year's $24,340.

That softer pricing can help you buy more carefully now, but it also suggests the truck has already absorbed some of its recent market adjustment. For a future seller, that matters because a lower entry price can reduce the risk of overpaying today. The Tacoma’s reputation for reliability and long-lasting performance should continue to support demand, especially among buyers who value durability and resale strength.

Vehicles with solid owner satisfaction ratings, like this model year's 4.3/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Toyota Tacoma safe?

The 2016 Toyota Tacoma’s crash-test ratings weren’t yet available in the provided data.

It earns an 8/10 safety score from our experts.

The Tacoma comes with 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 includes driver and passenger knee airbags, roll-sensing side curtain airbags, and active headrests for the front seats. Available driver aids include blind-spot monitoring, a rear-view camera, and rear cross-traffic alerts.

One caveat from the safety notes is that pickups are naturally more prone to rollovers than sedans, so you should factor that into your expectations when shopping and driving.

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:

• 33.0% of listings are priced as good or great deals.
• At 57.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.26% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.
• The 2016 brings a redesigned body, more tech, and a new V6 that improves power and efficiency.

Consider the 2015 if:

• At $20,248, the 2015 costs less than the current year's $23,302 average.
• It leans hard into off-road character rather than modern technology.

The bottom line: If you want the better-rounded Tacoma with newer design, stronger tech, and broader appeal, the 2016 is the smarter default. If your budget is tighter and you care more about trail-focused personality than refinement, the 2015 can still make sense.

How does the 2016 Toyota Tacoma compare to the 2016 Chevrolet Colorado?

Our experts score the 2016 Toyota Tacoma 7.7/10 and the 2016 Chevrolet Colorado 6.7/10.

The Tacoma is the pricier truck, but it brings a stronger reputation for reliability, resale value, and long-term durability. The Colorado undercuts it on average used price and starting MSRP, while also offering more horsepower from its base engine and better highway fuel economy. If you want the more proven ownership story, the Tacoma has the edge; if you want lower entry cost and a more value-oriented buy, the Colorado is worth a look.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.