Where there's room on price
38
/ 100 (moderate)
Approx. 49 days of national supply and the median listing asks approx. 1% above the typical asking price at typical mileage — moderate negotiating leverage.
Ridekick price report
2016 Toyota Tundra Price: Typical Asking Price & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Typical asking price
$26,604
Inside the middle half of current listings.
Price intelligence
A map of today's market
Typical asking price is in the typical market range
$10,995$43,590
- Typical market range
- $21,995–$31,145
- Typical asking price
- $26,604
- Original MSRP range
- $29,140–$49,580
Middle 50% of active listings
At typical mileage
6 sourced trims when new
Buyer context
Market pulse
What this means for you. It's market data, not a price for a specific car.
National supply
49
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Toyota Tundra.
Estimated dealer cost (invoice)
$26,809–$27,974
Estimated dealer invoice — about $29,140 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.
Typical asking price by trim
| Trim | Typical asking (at typical mileage) | MSRP | Est. dealer cost |
|---|---|---|---|
| SR | $21,315 | $29,140 | $26,809–$27,974 |
| SR5 | $25,180 | $38,020 | $34,978–$36,499 |
| Limited | $29,156 | $40,535 | $37,292–$38,914 |
| TRD Pro | $31,389 | $45,560 | $41,915–$43,738 |
| Platinum | $31,572 | $49,580 | $45,614–$47,597 |
| 1794 Edition | $31,717 | $49,580 | $45,614–$47,597 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Typical asking price
Trim
$19,054$35,448$51,841
Typical askingSR
$21,315
SR: typical asking price $21,315, original MSRP $29,140, estimated dealer cost $26,809 to $27,974.
SR5
$25,180
SR5: typical asking price $25,180, original MSRP $38,020, estimated dealer cost $34,978 to $36,499.
Limited
$29,156
Limited: typical asking price $29,156, original MSRP $40,535, estimated dealer cost $37,292 to $38,914.
TRD Pro
$31,389
TRD Pro: typical asking price $31,389, original MSRP $45,560, estimated dealer cost $41,915 to $43,738.
Platinum
$31,572
Platinum: typical asking price $31,572, original MSRP $49,580, estimated dealer cost $45,614 to $47,597.
1794 Edition
$31,717
1794 Edition: typical asking price $31,717, original MSRP $49,580, estimated dealer cost $45,614 to $47,597.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and typical asking 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 Tundra runs about $26,915 in MT to $29,394 in NJ — the typical asking price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $1,929 | $110+ | $28,643 |
| TX | $1,663 | $332 | $28,599 |
| FL | $1,596 | $1,074+ | $29,274 |
| NY | $1,064 | $371 | $28,039 |
| PA | $1,596 | $587 | $28,787 |
| IL | $1,663 | $683 | $28,950 |
| OH | $1,530 | $444 | $28,578 |
| GA | $1,862 | $637 | $29,103 |
| NC | $798 | $793 | $28,195 |
| WA | $1,729 | $215+ | $28,548 |
| OR | $0 | $525 | $27,129 |
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
6 open NHTSA recalls on record for the 2016 Toyota Tundra.
AIR BAGS:KNEE BOLSTER
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2016 Tundra vehicles. The affected vehicles have a passenger knee air bag module that was attached to the instrument panel mounting brackets with incorrect bolts.
Remedy: All of the affected vehicles have been inspected and any incorrect knee air bag mounting bolts have been replaced, free of charge. The recall began on June 22, 2017. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is H0K.
Campaign 17V416000 · 29/06/2017
STRUCTURE:BODY:BUMPERS
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2016-2017 Tundra vehicles equipped with a resin rear step bumper and resin reinforcement brackets (vehicles with chrome step bumpers are not affected). In the event of an impact to the corner of the bumper, the resin bracket may be damaged but not be noticed.
Remedy: Toyota will notify owners, and dealers will replace the resin rear bumper reinforcement brackets with steel ones, and replace the rear bumper tread, free of charge. The recall began on May 21, 2017. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is H0C.
Campaign 17V051000 · 24/01/2017
WHEELS:LUGS/NUTS/BOLTS/STUDS
Southeast Toyota Distributors, LLC (SET) is recalling certain model year 2013-2017 Toyota Tundra and Sequoia vehicles accessorized with Southeast Toyota accessory 20-inch Rockstar wheels installed by Southeast Toyota or a Southeast Toyota dealer. The Rockstar wheels were installed with lugnuts that may crack and detach.
Remedy: SET will notify owners, and dealers will install new replacement lugnuts, free of charge. The recall began June 23, 2017. Owners may contact SET customer service at 1-866-405-4226. SET's number for this recall is SET17A.
Campaign 17V311000 · 11/05/2017
EQUIPMENT:OTHER:LABELS
Southeast Toyota Distributors, LLC (SET) is recalling certain model year 2016 Toyota Camry and Highlander, 2015-2016 Toyota Tundra, Scion FR-S, and tC vehicles. The Load Carrying Capacity Modification Label may not reflect the correct added weight of the installed accessories. As a result, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 110, "Tire Selection and Rims for Passenger Cars."
Remedy: SET will notify owners, and provide a corrected label for placement over the inaccurate label, free of charge. The recall began on July 14, 2016. Owners may contact SET customer service at 1-866-405-4226.
Campaign 16V420000 · 09/06/2016
STEERING:HYDRAULIC POWER ASSIST SYSTEM
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2008-2022 Sequoia and 2007-2021 Tundra vehicles. The power steering gear assembly may have been manufactured incorrectly, which can result in an oil leak.
Remedy: Dealers will inspect and replace the power steering gear assembly as necessary, free of charge. Owner notification letters were mailed on January 21, 2022. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's numbers for this recall are 21TB10 and 21TA10.
Campaign 21V920000 · 23/11/2021
STEERING:HYDRAULIC POWER ASSIST SYSTEM
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain JTEKT power steering gear assembly service parts for 2007-2021 Tundra and 2008-2022 Sequoia, part numbers 44250-0C160, 44250-0C131, 44250-0C170, and 11250-0C121. The power steering gear assembly may have been manufactured incorrectly, which can result in an oil leak.
Remedy: Dealers will inspect and replace the power steering gear assembly, free of charge. Owner notification letters were mailed on February 17, 2022. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is 21TH01.
Campaign 21E103000 · 23/12/2021
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is the typical asking price for a 2016 Toyota Tundra?
Used 2016 Toyota Tundra listings ask about $26,604 at typical mileage, with most listings between $21,995 and $31,145. That is what sellers are asking, not what buyers pay.
Is the 2016 Toyota Tundra cheaper than MSRP?
Yes — its original MSRP was about $29,140, so the typical asking price for a used one is roughly $2,536 below MSRP.
What is the out-the-door price of a 2016 Toyota Tundra?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $26,915 in MT to $29,394 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Toyota Tundra?
There are about 49 days of national market supply for the 2016 Toyota Tundra — Supply and demand are roughly balanced for the 2016 Toyota Tundra.
Is the listed price on a 2016 Toyota Tundra fair?
Not always. 2016 Toyota Tundra listings typically ask about $26,997, roughly 1% above the typical asking price at typical mileage, $26,604. Compare any listing against that figure, and get the dealer's out-the-door price in writing, because tax and fees are added on top of the listed price.
What does the dealer pay for a 2016 Toyota Tundra?
The estimated dealer cost (invoice) is roughly $26,809–$27,974 — its $29,140 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 10/27/2026. Estimates only; your price depends on condition, options, and location.