Summary

• With 245 currently listed for sale and an average price of $17,995.00 CAD, 24.5% of 2016 Toyota Corollas for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2016 Toyota Corolla 4.67 / 5 stars.

• 100.0% of 2016 Corolla models on CarGurus are accident free.

• The 2016 Toyota Corolla is known for its impressive fuel efficiency, smooth ride, and overall value for money, making it a reliable choice in the compact sedan market.

Why it stands out

The 2016 Toyota Corolla continues to be a strong contender in the economy car segment, thanks to its reputation for reliability and cost-effectiveness. With a focus on impressive fuel economy, the Corolla is powered by a 1.8-litre inline four-cylinder engine that delivers 132 horsepower, making it suitable for daily commuting. The vehicle's handling is poised, and while it may not be sporty, it offers a comfortable and smooth ride. The interior is spacious, providing ample legroom and headroom for both front and rear passengers, along with a user-friendly controls layout that enhances the driving experience. Although it lacks some of the latest high-tech features found in competitors, the Corolla's value proposition remains strong, especially for those prioritizing reliability and fuel efficiency.

Other model years to consider

• 2021 Toyota Corolla

  • Average price: $25,000.00 CAD
  • Good/great deal percentage: 30.9%
  • User rating: 4.43 / 5
  • Total listings: 696

• 2020 Toyota Corolla

  • Average price: $24,000.00 CAD
  • Good/great deal percentage: 33.8%
  • User rating: 4.69 / 5
  • Total listings: 465

• 2023 Toyota Corolla

  • Average price: $28,000.00 CAD
  • Good/great deal percentage: 30.5%
  • User rating: 4.33 / 5
  • Total listings: 613

This analysis is based on CarGurus' proprietary market data from July 27, 2026, CarGurus experts' opinions, and generative AI.