Real price data
What should you pay for a 2016 Toyota Yaris?
Original MSRP
$15,995
When new
Fair market price
$8,848
Mileage-adjusted
Below MSRP
$7,147
A fair used price
Where prices land
25th $8,999 · 75th $13,289 · MSRP $15,995
Spread of current 2016 Toyota Yaris listings · 25th–75th percentile marked.
Negotiating leverage
53
out of 100
moderate leverage
~48 days of national supply — moderate negotiating leverage.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
48days of supply
Balanced marketSupply and demand are roughly balanced for the 2016 Toyota Yaris.
National Market Day Supply — how long it would take to sell the current used 2016 Toyota Yaris inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$14,715–$15,355
Estimated dealer invoice — about $15,995 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 |
|---|---|---|---|
| L | $8,739 | $15,995 | $14,715–$15,355 |
| SE | $11,900 | $17,670 | $16,256–$16,963 |
| le | — | $16,930 | $15,576–$16,253 |
- L
- $8,739
- SE
- $11,900
Fuel economy
30
MPG city
35
MPG highway
32
MPG combined
EPA-estimated fuel economy for a representative 2016 Toyota Yaris configuration (Regular).
Safety & recalls
2 open NHTSA recalls on record for the 2016 Toyota Yaris.
AIR BAGS:SIDE/WINDOW
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2015-2017 Yaris vehicles. The wire harnesses for the side air bag sensors located within the front doors may crack and corrode, possibly causing the non-deployment or improper deployment of the front seat side air bags and the curtain shield air bags.
Remedy: Toyota will notify owners, and dealers will replace the wire harness assembly in the front doors, as necessary, free of charge. The recall began June 7, 2019. Owners may contact Toyota customer service at 1-888-270-9371. Toyota's number for this recall is K1F/K0F.
Campaign 19V319000 · 23/04/2019
TIRES
Southeast Toyota Distributors, LLC (SET) is recalling certain model year 2016 Toyota Yaris, Rav4, Land Cruiser and 4Runner vehicles, and Scion FR-S, iM, and TC vehicles manufactured January 28, 2016, to March 14, 2016. 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 them a corrected label to be installed over the inaccurate label, free of charge. The recall began on June 3, 2016. Owners may contact SET customer service at 1-866-405-4226. SET's number for this recall is SET16A.
Campaign 16V236000 · 22/04/2016
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Toyota Yaris?
A fair, mileage-adjusted price is about $8,848, within a typical market range of $8,999 to $13,289.
Is the 2016 Toyota Yaris cheaper than MSRP?
Yes — its original MSRP was about $15,995, so a fair used price is roughly $7,147 below MSRP.
Is now a good time to buy a 2016 Toyota Yaris?
There are about 48 days of national market supply for the 2016 Toyota Yaris — Supply and demand are roughly balanced for the 2016 Toyota Yaris.
How much can you negotiate on a 2016 Toyota Yaris?
Negotiating leverage rates 53/100 (moderate). ~48 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2016 Toyota Yaris?
The estimated dealer cost (invoice) is roughly $14,715–$15,355 — its $15,995 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 6/23/2026. Estimates only; your price depends on condition, options, and location.