Negotiating leverage
29
weak leverage / 100
~43 days of national supply — limited negotiating leverage.
Ridekick price intelligence
2016 Toyota Tacoma Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$23,855
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$12,999$33,998
- Typical market range
- $20,792–$27,784
- Ridekick fair price
- $23,855
- Original MSRP range
- $23,660–$35,105
Middle 50% of active listings
Mileage-adjusted estimate
5 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
43
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Toyota Tacoma.
Estimated dealer cost (invoice)
$21,767–$22,714
Estimated dealer invoice — about $23,660 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| SR | $19,041 | $23,660 | $21,767–$22,714 |
| SR5 | $23,441 | $28,845 | $26,537–$27,691 |
| TRD Off Road | $24,957 | $32,460 | $29,863–$31,162 |
| TRD Sport | $25,008 | $30,025 | $27,623–$28,824 |
| Limited | $26,364 | $35,105 | $32,297–$33,701 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$17,756$27,073$36,390
Fair priceSR
$19,041
SR: fair price $19,041, original MSRP $23,660, estimated dealer cost $21,767 to $22,714.
SR5
$23,441
SR5: fair price $23,441, original MSRP $28,845, estimated dealer cost $26,537 to $27,691.
TRD Off Road
$24,957
TRD Off Road: fair price $24,957, original MSRP $32,460, estimated dealer cost $29,863 to $31,162.
TRD Sport
$25,008
TRD Sport: fair price $25,008, original MSRP $30,025, estimated dealer cost $27,623 to $28,824.
Limited
$26,364
Limited: fair price $26,364, original MSRP $35,105, estimated dealer cost $32,297 to $33,701.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2016 Toyota Tacoma runs about $24,691 in MT to $27,022 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $1,768 | $110+ | $26,258 |
| TX | $1,524 | $332 | $26,236 |
| FL | $1,463 | $1,074+ | $26,917 |
| NY | $975 | $371 | $25,726 |
| PA | $1,463 | $587 | $26,430 |
| IL | $1,524 | $683 | $26,587 |
| OH | $1,402 | $444 | $26,226 |
| GA | $1,707 | $637 | $26,724 |
| NC | $731 | $793 | $25,904 |
| WA | $1,585 | $215+ | $26,180 |
| OR | $0 | $525 | $24,905 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Safety & recalls
4 open NHTSA recalls on record for the 2016 Toyota Tacoma.
STRUCTURE:BODY:HOOD:HINGE AND ATTACHMENTS
Southeast Toyota Distributors, LLC (SET) is recalling certain 2011-2016 Toyota Tacoma and 4Runner vehicles equipped with accessory hood scoops installed by SET or SET dealers. The adhesive attaching the hood scoop may weaken, allowing the hood scoop to detach from the vehicle.
Remedy: SET will notify owners, and dealers will mechanically fasten the scoop to the hood, free of charge. The recall began on September 1, 2017. Owners may contact SET customer service at 1-954-429-2000. SET's number for this recall is SET17B.
Campaign 17V425000 · 03/07/2017
ENGINE
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2016-2017 Tacoma vehicles equipped with a six-cylinder engine. The affected vehicles have a crank position sensor that may malfunction, potentially resulting in an engine stall.
Remedy: Toyota will notify owners, and dealers will replace the crank position sensor with an improved design, free of charge. The recall began July 26, 2017. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is H0H.
Campaign 17V356000 · 01/06/2017
POWER TRAIN:DRIVELINE:DIFFERENTIAL UNIT
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2016-2017 Tacoma vehicles. Oil may leak from the area where the rear differential carrier is assembled to rear axle housing.
Remedy: Toyota will notify owners, and dealers will inspect the rear differential for oil leakage. Based on the inspection, dealers will either tightening the fastening nuts or replace the fastening nuts and gasket. If the rear differential components are damaged, the rear differential carrier assembly will be replaced. The repairs will be performed free of charge. The recall June 19, 2017. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is H0G.
Campaign 17V285000 · 27/04/2017
AIR BAGS:KNEE BOLSTER
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain model year 2016 Tacoma trucks manufactured August 20, 2015, to September 10, 2015. In the affected vehicles, incorrect bolts were used to install the driver's knee air bag module.
Remedy: Toyota will notify owners, and dealers will install the correct driver's knee air bag module mounting bolts, free of charge. The recall began on November 19, 2015. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is F0T.
Campaign 15V656000 · 14/10/2015
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2016 Toyota Tacoma?
A fair, mileage-adjusted price is about $23,855, within a typical market range of $20,792 to $27,784.
What is the out-the-door price of a 2016 Toyota Tacoma?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $24,691 in MT to $27,022 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Toyota Tacoma?
There are about 43 days of national market supply for the 2016 Toyota Tacoma — Supply and demand are roughly balanced for the 2016 Toyota Tacoma.
How much can you negotiate on a 2016 Toyota Tacoma?
Negotiating leverage rates 29/100 (weak). ~43 days of national supply — limited negotiating leverage.
What does the dealer pay for a 2016 Toyota Tacoma?
The estimated dealer cost (invoice) is roughly $21,767–$22,714 — its $23,660 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 8/1/2026. Estimates only; your price depends on condition, options, and location.