2016 Toyota Corolla value

2016 Toyota Corolla
Photo: LuvsMG481, CC BY-SA 4.0, via Wikimedia Commons

In Good condition, a 2016 Toyota Corolla is likely worth $7,200–$9,950 as a trade-in, $10,350–$12,050 in a private sale and $11,550–$13,400 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $17,790 (median of 19 cited listings on Carvana, Oct 23, 2026).

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Last updated · every figure links to its source · data: CSV · JSON

What you'd likely get

If you…Range
Trade-in at a dealer
What a dealer typically credits you toward another car.
$7,200–$9,950
Private-party sale
Selling yourself to another person.
$10,350–$12,050
Dealer retail (fair purchase)
What buyers typically pay a dealer.
$11,550–$13,400

Source: Kelley Blue Book, Good condition, fetched Oct 23, 2026, valid through 10/23/2026. Ranges span the styles KBB lists for this year. Edmunds per-model ranges: not available (not collected).

Typical dealer asking price: $17,790 (19 listings, Oct 23, 2026, Carvana). Asking prices are what dealers list, not what they pay you. See the listings

Typical dealer asking price

$17,790

Median of 19 dealer listings. Typical range $16,590–$19,590 (middle 50%) from 19 cited comparable listings observed Oct 23, 2026–Oct 23, 2026.

See all 19 cited comparables
Asking prices as shown on each source page; miles marked ≈ were rounded to the nearest 1,000 by the source. CSV · JSON
PriceTrimMilesLocationSource
$14,990-≈113,000NationalCarvana (Oct 23, 2026)
$15,990-≈101,000NationalCarvana (Oct 23, 2026)
$15,990--NationalCarvana (Oct 23, 2026)
$16,290--NationalCarvana (Oct 23, 2026)
$16,590LE≈87,000NationalCarvana (Oct 23, 2026)
$16,790-≈86,000NationalCarvana (Oct 23, 2026)
$16,990-≈83,000NationalCarvana (Oct 23, 2026)
$17,590-≈82,000NationalCarvana (Oct 23, 2026)
$17,790L≈47,000NationalCarvana (Oct 23, 2026)
$17,790-≈66,000NationalCarvana (Oct 23, 2026)
$17,990-≈69,000NationalCarvana (Oct 23, 2026)
$17,990-≈60,000NationalCarvana (Oct 23, 2026)
$17,990-≈71,000NationalCarvana (Oct 23, 2026)
$18,790--NationalCarvana (Oct 23, 2026)
$19,590-≈24,000NationalCarvana (Oct 23, 2026)
$19,590--NationalCarvana (Oct 23, 2026)
$19,790-≈33,000NationalCarvana (Oct 23, 2026)
$19,790-≈22,000NationalCarvana (Oct 23, 2026)
$19,990-≈18,000NationalCarvana (Oct 23, 2026)

Method: Median of asking/sold prices of cited comparable 2016 Toyota Corolla listings observed in the last 120 days. Minimum 5 comps required. How this works

Safety recalls (0)

NHTSA's recall database returned no recalls for the 2016 Toyota Corolla model names we queried.

Recalls apply to specific VINs. Check a VIN-specific recall at NHTSA.

Fuel economy (30–34 MPG combined)

VersionCity/Hwy/CombEngine
Corolla Automatic (AV-S7)28/36/311.8L 4cyl · Regular · Front-Wheel Drive
Corolla Automatic (variable gear ratios)29/37/321.8L 4cyl · Regular · Front-Wheel Drive
Corolla Automatic 4-spd27/35/301.8L 4cyl · Regular · Front-Wheel Drive
Corolla Manual 6-spd28/36/311.8L 4cyl · Regular · Front-Wheel Drive
Corolla LE Eco Automatic (variable gear ratios)30/40/341.8L 4cyl · Regular · Front-Wheel Drive
Corolla LE Eco Automatic (variable gear ratios)30/38/331.8L 4cyl · Regular · Front-Wheel Drive

Source: EPA fueleconomy.gov · fetched Oct 23, 2026

NHTSA model names

NHTSA vPIC lists these Toyota model names for 2016: Corolla.

Source: NHTSA vPIC · fetched Oct 23, 2026

Kelley Blue Book values

For a 2016 Toyota Corolla in Good condition, KBB showed: fair purchase price $11,550–$13,400; private party $10,350–$12,050; trade-in $7,200–$9,950.

KBB values by style (11)
StyleFair purchasePrivate partyTrade-in
L Sedan 4D$11,850$10,700$7,200
LE Sedan 4D$11,550$10,350$7,850
LE Eco Plus Sedan 4D$11,900$10,650$8,225
LE Plus Sedan 4D$11,750$10,550$8,550
LE Eco Premium Sedan 4D$12,800$11,500$9,675
S Plus Sedan 4D$12,850$11,550$8,650
S Special Edition Sedan 4D$12,450$11,200$8,175
LE Eco Sedan 4D$12,600$11,300$7,300
LE Premium Sedan 4D$12,800$11,450$9,950
S Sedan 4D$13,100$11,550$8,425
S Premium Sedan 4D$13,400$12,050$8,175

Source: Kelley Blue Book, fetched Oct 23, 2026 · KBB values valid through 10/23/2026 · page hash 3e606076dec7. KBB figures are KBB's estimates, shown separately from our listing-based value.

2016 Toyota Corolla specs

Fuel economy (city / hwy / combined)27–30 / 35–40 / 30–34 MPG (EPA)
Engine1.8L 4-cyl (EPA)
Horsepower132 - 140 hp (KBB)
TransmissionAutomatic (AV-S7), Automatic (variable gear ratios), Automatic 4-spd, Manual 6-spd (EPA)
DrivetrainFront-Wheel Drive (EPA)
Fuel typeRegular (EPA)
EPA size classMidsize Cars (EPA)
Body stylesSedan 4D (KBB)
Cargo volume13 cu ft (KBB)
Trims / stylesL Sedan 4D, LE Sedan 4D, LE Eco Plus Sedan 4D, LE Plus Sedan 4D, LE Eco Premium Sedan 4D, S Plus Sedan 4D, S Special Edition Sedan 4D, LE Eco Sedan 4D, LE Premium Sedan 4D, S Sedan 4D, S Premium Sedan 4D (KBB)

Specs from EPA fueleconomy.gov (fetched Oct 23, 2026) and Kelley Blue Book (fetched Oct 23, 2026); fields marked with another source cite that page and fetch date. Ranges span all versions listed.

Market context

US used car & truck prices (CPI index)

Latest: 182.2 (Sep 2026), -1.5% vs. a year earlier. Peak in the last 10 years: 216.9 (Feb 2022).

Sep 2016 – Sep 2026. National index (1982–84=100); it shows market direction, not the value of a specific car.

Source: FRED CUSR0000SETA02 (BLS) · fetched Oct 23, 2026

Questions

What is a 2016 Toyota Corolla worth?

In Good condition, a 2016 Toyota Corolla is likely worth $7,200–$9,950 as a trade-in, $10,350–$12,050 in a private sale and $11,550–$13,400 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $17,790 (median of 19 cited listings on Carvana, Oct 23, 2026).

What is the trade-in value of a 2016 Toyota Corolla?

Kelley Blue Book lists a trade-in range of $7,200–$9,950 for a 2016 Toyota Corolla in Good condition (fetched Oct 23, 2026). Private-party: $10,350–$12,050. Dealer retail: $11,550–$13,400.

What do dealers ask for a used 2016 Toyota Corolla?

Dealers typically ask about $17,790 for a 2016 Toyota Corolla (median asking price; middle 50% $16,590–$19,590), based on 19 cited listings from Carvana observed Oct 23, 2026.

What is the price range for a used 2016 Toyota Corolla?

Asking prices in our 19 cited listings ran from $14,990 to $19,990; the middle half sat between $16,590 and $19,590.

How many miles do used 2016 Toyota Corolla listings have?

The 15 listings with a mileage shown had 18,000–113,000 miles (median 69,000).

Where does this 2016 Toyota Corolla value come from?

From 19 public listings on Carvana, each linked below with its fetch date and a content hash of the page we read. Download them as CSV or JSON.

Does the 2016 Toyota Corolla have recalls?

NHTSA returned no recalls for the 2016 Toyota Corolla model names we queried (checked Oct 23, 2026).

What MPG does the 2016 Toyota Corolla get?

EPA combined fuel economy for 2016 Toyota Corolla versions ranges from 30 to 34 MPG, per fueleconomy.gov.

See also: Trade-in value guide · Depreciation calculator · Compare instant cash offers

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