Summary

• With 217 currently listed for sale and an average price of $14,557.00 CAD, 25.8% 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 popular choice among compact sedans.

Why it stands out

The 2016 Toyota Corolla continues to be a strong contender in the compact car segment, primarily due to its reputation for reliability and cost-effectiveness. With a focus on fuel economy, the Corolla is powered by a 1.8-litre inline four-cylinder engine that delivers a respectable 132 horsepower, while the LE Eco variant offers enhanced efficiency. The Corolla's design features an aggressive front end and a spacious cabin, providing both comfort and practicality for passengers. Although it may lack some of the latest high-tech features found in competitors, its straightforward controls and user-friendly layout make it appealing to a wide range of buyers. The Corolla's strong safety ratings and accident-free status further enhance its attractiveness as a dependable daily driver.

Other model years to consider

• 2021 Toyota Corolla

  • Average price: $21,610.00 CAD
  • Good/great deal percentage: 30.0%
  • User rating: 4.43 / 5
  • Total listings: 686

• 2023 Toyota Corolla

  • Average price: $24,436.00 CAD
  • Good/great deal percentage: 32.0%
  • User rating: 4.33 / 5
  • Total listings: 619

• 2022 Toyota Corolla

  • Average price: $23,016.00 CAD
  • Good/great deal percentage: 29.6%
  • User rating: 4.17 / 5
  • Total listings: 653

This analysis is based on CarGurus' proprietary market data from July 13, 2026, CarGurus experts' opinions, and generative AI.