Used 2016 Toyota Tacoma for Sale nearOttawa, ON

How much does the 2016 Toyota Tacoma cost?

Prices have softened 8.97% compared to this time last year, making it a favourable time to shop this model year.

There are 108 listings available, which gives you a reasonable amount of choice in the used market.

Is the 2016 Toyota Tacoma a good car?

Generally — the 2016 Toyota Tacoma earns a 4.3/5 user rating, which points to strong owner satisfaction. Owners consistently praise its reliability, resale value, and long-lasting performance, and many see it as a strong choice among mid-size trucks. That fits especially well if you want a truck that feels proven, durable, and capable for both daily use and recreation. With 26.9% 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 4.3/5, a solid signal of long-term satisfaction.

User feedback highlights reliability, long-lasting performance, and dependable ownership as major strengths. That kind of reputation matters if you want a used truck you can count on over time, especially when you plan to keep it for the long haul. For used buyers, the main long-term ownership risk is paying a premium for a truck that may still need careful inspection for condition and maintenance history.

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 patiently but should move quickly when a strong listing appears.

• Deal availability: 26.9% of listings are priced as good or great deals.
• Inventory: There are 108 listings available.
• Price trend: Prices have softened 8.97% compared with last year.

If you find a listing below $27,990 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 $27,992 CAD sits slightly below last year's $30,751 CAD.

That softer pricing can help you buy more selectively now, but it also suggests future sellers may face a more competitive market than they did a year ago. Even so, the Tacoma’s strong owner satisfaction and reputation for long-lasting performance should continue to support demand. If you keep the truck in good condition and maintain it properly, you should still have a solid resale story later on. 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.

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:

• 26.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.97% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: The 2016 is a strong choice if you want the updated third-generation Tacoma experience and you value a truck with proven owner appeal. If your priority is stretching your budget further, a nearby year with lower pricing may be worth a look, but the 2016 remains the better all-around pick if you want a balance of reputation, demand, and current market availability.

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

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