Used 2016 Toyota Tundra for Sale nearChicago, IL

How much does the 2016 Toyota Tundra cost?

Prices have softened 3.48% compared to this time last year, making it a favorable time to shop this model year.

There are 1,253 listings available, which suggests a healthy amount of inventory to compare.

If you find a listing below $24,768.24, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Toyota Tundra a good car?

Generally — 4.29/5 from owners and 6.5/10 from experts point to a truck that satisfies many shoppers even if it isn’t class-leading. The standout strength is Form and function at 8/10.

Owners repeatedly praise its power, reliability, interior comfort, and resale value. That lines up with the Tundra’s use case as a traditional full-size truck for buyers who want capability and a strong road presence, even if fuel economy and refinement lag newer rivals. With 30.1% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 Toyota Tundra reliable?

Owners rate it 4.29/5, a solid signal of long-term satisfaction.

The owner feedback also points to reliability and dependable ownership as part of the truck’s appeal, with many drivers describing it as a vehicle they can count on. The expert evaluation reinforces that durable, work-ready character by emphasizing the Tundra’s stout mechanical setup and traditional truck feel.

Toyota also includes practical ownership-minded touches such as a standard V8 and a 3-piece bumper design that can be less costly to replace than some competitors’ setups. For used buyers, the main long-term risk is that repair costs and age-related issues can offset the truck’s durability if maintenance history is weak.

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

At 57.8% 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 truck has been used for towing or heavy work. Focus on condition, maintenance records, and signs of wear that could point to expensive repairs later. Because this model year can be found in a wide range of trims and equipment levels, it’s worth checking that the truck you’re considering has the features you expect.

Key things to evaluate:

• Trim level: The Tundra’s cabin and equipment can vary meaningfully by trim, with the Platinum example showing a spacious CrewMax layout, a 5.5-foot bed, and a more upscale interior. Lower trims may leave out some of the convenience and visibility features that make the truck feel more complete.
• Powertrain: The truck uses a 381-hp 5.7-liter V8 with 401 lb-ft of torque, paired with a 6-speed automatic and 4-wheel drive in the tested setup. It’s strong for towing and hauling, but the tradeoff is poor fuel economy.
• Safety package: Standard safety equipment includes traction control, stability control, trailer brake and sway control, and eight airbags. Available features include a rear camera, front and rear parking sonar, and a blind-spot monitor with cross-traffic alert.
• Infotainment: The upgraded Entune system uses a 7-inch screen and adds real-time traffic and weather. Standard equipment includes USB ports and an auxiliary jack, while higher trims add features such as navigation, HD and satellite radio, and dual-zone climate control.
• Fuel efficiency: The tested setup returns 13 mpg city and 17 highway, with a 15-mpg combined rating.

Which 2016 Toyota Tundra trim should I buy?

The 2016 Toyota Tundra is offered in 3 trim levels: SR5, Limited, Platinum.

Here's the short version:

• SR5: This is the entry point if you want the essentials plus useful upgrades like fog lights, HD and satellite radio, a tilt-and-telescoping steering wheel, and an auto-dimming rear-view mirror. It makes sense if you want a straightforward truck without paying for more luxury features.
• Limited: This trim adds automatic headlights, dual-zone climate control, a power-sliding rear window, and navigation. It looks like the best-value choice if you want a more complete daily-driver setup without jumping all the way to the top trim.
• Platinum: This is the most upscale version, and the tested truck shows how much more premium it can feel with a spacious CrewMax cabin, driver memory, and the available safety and visibility equipment. Choose it if you want the most comfort and convenience the Tundra offers.

The safety and visibility features, including the rear camera, parking sonar, and blind-spot monitor with cross-traffic alert, are available rather than standard.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile options.

• Deal availability: 30.1% of listings are priced as good or great deals.
• Inventory: There are 1,253 listings available.
• Price trend: Prices have softened 3.48% compared with last year.
• Clean inventory: 57.8% of listings are accident-free.

If you find a listing below $24,768.24, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Toyota Tundra's resale value?

The current average of $25,284 sits slightly below last year's $26,194.

That softer pricing suggests the market has eased a bit, which can help you buy at a more favorable point in the cycle. For a future seller, the current trend means there may be less immediate upside than before, but the truck’s broad appeal still supports demand. Strong owner satisfaction and the Tundra’s reputation for durability can help cushion resale performance over time.

Vehicles with solid owner satisfaction ratings, like this model year's 4.29/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Toyota Tundra safe?

The Tundra earns four-star ratings overall from NHTSA, with three-star ratings in frontal impacts and rollovers on the CrewMax.

It earns a 6/10 safety score from our experts.

The safety package includes eight airbags, traction control, stability control, trailer brake and sway control, and available rear camera, front and rear parking sonar, and blind-spot monitoring with cross-traffic alert. Some of those helpful driver-assistance features are optional rather than standard, so you should verify the exact equipment on any used truck you’re considering.

Should I buy a 2016 Toyota Tundra 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:

• 30.1% 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 3.48% compared with last year.
• Owners rate it 4.29/5 — a solid satisfaction signal.
• The 2016 adds an upgraded Entune system, a larger gas tank, and an integrated brake controller on upper trims.

Consider the 2015 if:

• At $24,033, the 2015 costs less than the current year's $25,284 average.
• It stands out as a full-size truck with a personality that is hard to miss, especially in TRD Pro trim.

The bottom line: If you want the better-equipped version of this truck’s traditional strengths, the 2016 is the cleaner pick. If your priority is spending less up front and you’re comfortable giving up some of the 2016 updates, the 2015 is the value-oriented alternative.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.