Used 2016 Toyota Tacoma for Sale nearOttawa, ON

How much does the 2016 Toyota Tacoma cost?

Prices have softened 6.43% compared to this time last year, making it a favourable time to shop this model year.

There are 89 listings available, which gives you a modest amount of choice if you're comparing trims, cab styles, and bed lengths.

Is the 2016 Toyota Tacoma a good car?

Generally — the 2016 Toyota Tacoma earns a 4.33/5 user rating, which points to strong owner satisfaction. Owners consistently praise its reliability, resale value, and long-lasting performance, while also noting its usefulness as a mid-size truck with updated equipment and off-road capability. If you want a proven pickup that can handle daily driving and trail duty, this model year fits that use case well. With 20.2% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2016 Toyota Tacoma reliable?

Owners rate it 4.33/5, a solid signal of long-term satisfaction.

The user feedback highlights reliability, long-lasting performance, and strong resale value, which all support the Tacoma’s reputation as a truck you can count on. That said, some owners mention minor issues and concerns about pricing and interior storage, so it is still worth checking condition carefully on any used example. For used buyers, the main long-term ownership risk is paying too much for a truck that may have seen hard use.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient and compare listings carefully.

• Deal availability: 20.2% of listings are priced as good or great deals.
• Inventory: There are 89 listings available.
• Price trend: Prices have softened 6.43% compared with last year.

If you find a listing below $29,227 CAD, 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 $29,416 CAD sits slightly below last year's $31,437 CAD.

That price movement suggests the market has eased a bit, which can help you buy more selectively today. For a future seller, the softer current pricing means there may be less immediate upside than in a stronger market, but the Tacoma’s reputation still supports demand. Because shoppers continue to value durability and long-term ownership appeal, well-kept examples should remain easier to move than many other used trucks.

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.

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:

• 20.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.43% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.

The bottom line: The 2016 Tacoma is a strong choice if you want the updated third-generation truck with proven durability, broad trim availability, and solid owner approval. If your priority is stretching your budget further, a nearby year may be worth comparing, but the 2016 remains the better pick when you want the newer design and are willing to pay for a well-regarded used truck.

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