Pricey 2016 Tacoma Trims Range from Bare-bones SR to Value-packed Limited

Tyler Linn
Nov 23, 2021

The TRD Tacomas are easily the sexiest of the 2016 Tacoma trims, but they’re well overpriced for most budgets. The Limited and SR5 offer the best overall value, but for only $3k more, the Limited comes with leather seats, dual-zone AC, moonroof, standard V6, and LED lighting.

2016 Toyota Tacoma SR5 - Photo by Toyota

Key Points

  • The 2016 Toyota Tacoma comes in a variety of trims. But unless you specifically need a work truck or a speedster, the SR and TRD Sport trims are a poor value.
  • The 2016 Tacoma is offered in Access Cab and Double Cab as well as RWD and 4WD configurations. Engine options are an underpowered 2.7-liter four-cylinder and a 3.5-liter V6.
  • The 2016 Tacoma is still a hefty investment even five years removed from its debut. It’s a fantastic truck with a guaranteed long life, but it may prove to be well out-of-budget for many buyers, especially the trims worth having.

2016 Tacoma SR is an Expensive Entry-level Used Truck at $30,000

Tacoma SR is the base model Tacoma. There’s not much here other than a bare-bones, reliable truck for light work, and A to B travel. Tacoma SR can be had with either the 2.7-liter boasting 159 hp and 180 lb.-ft. of torque or the more powerful V6. The 3.5-liter V6 offers 278 hp and 265 lb.-ft. of torque and features direct-injection technology. Like the 2.7-liter, the V6 can also be paired with a five-speed manual or a six-speed automatic transmission.

Here’s what you’ll get in the base SR:

  • 16-inch steel wheels
  • sliding rear window
  • GoPro windshield mount
  • Limited slip differential
  • Hill-start assist control (A/T only)

Two options were available for the SR Tacoma, which include the Utility and Convenience Packages. The Convenience Package adds cruise control and remote keyless entry, and the Utility Package transforms the SR into a more work-friendly truck by removing the rear seats and adding scuff-resistant black bumpers and mirror caps.

Current market price for a double-cab SR with the 2.7-liter sits at around $30,000. All in all, the SR should really only be considered for a basic work truck due to its high buy-in and lacking features.

2016 Toyota Tacoma SR5 - Photo by Toyota

2016 Tacoma SR5 Provides Great Value So Long as it’s Coming With Optional Alloy Wheels, Parking Sonar, and Navigation

For just over $1k more, you can find an SR5. Tacoma SR5 adds relatively standard modern features like fog lights, remote keyless entry, and sliding rear privacy glass. Driver amenities also see a boost with the addition of a larger 4.2” multi-info display, upgraded Entune Audio Plus suite, and a leather-trimmed steering wheel. Other standard features included a charcoal grille with chrome trim and a chrome rear bumper.

The optional SR5 Appearance Package adds 16” silver alloy wheels, color-keyed overfenders, and an auto-dimming rearview mirror (V6 only).

Furthermore, you can snag a Tacoma, which adds rear parking assist sonar, navigation, and Entune Premium with a higher-level Appearance Package. We think the SR5 adds plenty of bang-for-buck and suits most buyers if it’s coming with the latter package.

2016 Toyota Tacoma TRD Sport - Photo by Toyota

Feature-heavy and Expensive 2016 TRD Sport isn’t Quite Worth the $35K Price When Compared to Other Tacoma Trims

TRD Sport is where Tacoma ventures into the land of feature-heavy and expensive. Don’t expect to spend any less than $35,000 on a 4WD TRD Sport which is best suited for street performance. If you opt for the TRD Sport you’re getting a bevy of useful features like Qi wireless charging, side view mirror turn signal indicators, Entune Premium, push-button start (A/T only), LED lighting, and a 20V AC power outlet.

The TRD Sport offers stellar looks as well. Sport buyers can expect color-keyed overfenders and bumpers, a spiffy hood scoop, chrome-trimmed grille, and 17” alloy wheels. Inside you’ll find premium cloth seating and a leather-trimmed gear shifter as well.

Being that the TRD Sport is optimized for on-road performance, the 3.6-liter comes standard. TRD Sport also adds a sport-tuned suspension and a 6-speed manual transmission option.

Truth be told, the Sport is a bit of a poor value when compared to the other trims. The optional Premium & Technology Package would make it a fantastic tuck, but that would push the value even higher in a trim that’s already as expensive as the Limited in which those additional features come standard.

2016 Toyota Tacoma TRD Off-Road- Photo by Toyota

TRD Off-Road’s Locking Differential and Bilstein Shocks Make it Perfect for Arduous Terrain

TDR Off-Road brings things back down to earth quite literally with the dollar-for-feature exchange. If you intend to do any serious trail-going, the TRD Off-Road offers all the best equipment for around $33,000.

TRD Off-Road brings with it an electronically-locking rear differential, multi-terrain select, Active Traction Control, and Off-Road tuned suspension with Bilstein shocks. Seeing as it’s less expensive, it’s clearly a better value than the Sport. TRD Off-Road also sports a black scuff-resistant front bumper and overfenders to ensure your off-road escapades don’t result in a thrashed exterior.

The Premium & Technology Package is optional in the TRD Off-Road as well. It includes dual-zone auto climate control, heated front seats, rear parking assist, blind-spot monitor (BSM), rear cross-traffic alert (RCTA), moonroof (Double Cab only), and more.

2016 Toyota Tacoma Limited- Photo by Toyota

2016 Limited Adds Leather Seats, Dual-zone AC, and More without Excessive Price Bloat

Tacoma Limited comes with all the bells and whistles at a pretty decent (for Tacoma) price point. 4WD Limiteds are going for around $35,000 currently, equal with TRD Sport. For only $3k more than the SR5 you’re getting the whole shebang. Leather-trimmed seats, dual-zone climate control, auto LED headlights, 18” polished alloy wheels, BSM, RCTA, chrome accents, power moonroof, and much more. It’s a ridiculously good value compared to the other trims.

The only thing you might find yourself desiring in the Limited is the TRD Off-Road’s trail equipment. So if you want a reliable truck with tons of creature comforts, the Limited is the way to go.

Limited is the Best Value Considering Everything You Get for the Money

So, which 2016 Toyota Tacoma trim is the best used-truck buy? Several Tacoma trims hold their own and provide excellent value. The TRD Off-Road is the clear choice for anyone who does any serious off-roading. If you have a lower budget, grab the SR5. But our pick for the best overall trim is the Limited.

It’s not often that the top trim is also the best bang-for-buck option. But with the 2016 Tacoma, that’s clearly the case. Tacomas are not cheap, but considering the expected lifespan/resale value of the truck, you’ll be hard-pressed to find a better deal than the 2016 Tacoma Limited.

Photos: Toyota

Frequently Asked Questions

By Josh Barrett | Nov 23, 2021

How Much Does a 2016 Toyota Tacoma Cost?

Based on Kelley Blue Book estimates, the fair purchase price for the 2016 Toyota Tacoma SR Access Cab is almost $22,000. However, if you want a trim with better specs and more features, with almost 80,000 miles, the most expensive TRD Sport model will cost nearly $30,000.

What are the Toyota Tacoma Trim Levels?

The 2016 Toyota Tacoma comes in Access and Double Cab configuration. Opt for the base SR trim for a light work truck, while the mid-tier SR5 provides excellent value thanks to added navigation and parking sonar. Street performance excels in the TRD, while Trail-goers will enjoy TRD Off-road. The luxurious Limited model comes standard with leather and dual-zone AC.

What is the Difference in a Tacoma SR and SR5?

Using a 2016 Tacoma as an example, the SR is the base trim, and the SR5 is the next step up, adding a chrome rear bumper and a charcoal grille with chrome surround. Also added are integrated fog lights, variable intermittent windshield wipers, a 4.2” display, a leather trimmed steering wheel, keyless entry, and a tire pressure monitoring system.

Owner Reviews

accountCircle Dan on October 19, 2021
Engineering and typical dealer attitude
Bought a used 2016 Tacoma Limited with 20,000 km. Chrome is peeling off running boards, cab mount was shot and stereo was sh***y. After 1 year, oil change and tire rotation due (free service from purchase ) but informed me my brakes need " cleaned and lubed as truck is 4 years old" for 210$ + taxes. What a joke. Not impressed. Hood flexes at over 100km/hr. No keyless entry on passenger side. If you don't put one leg in first, then grab the steering wheel to pull yourself in, your knees and legs wedge in between seat and steering wheel and you can't get in (no telescoping steering and about a 2" tilt. The shifting (enough said). Not the quality or design of the "high end" truck you pay for. The truck looks nice. The backup and blind spot alarms are good. The 4x4 is ok. I like how the back seats fold down. 6000 lb max towing is a let down. The truck overall is nice, but It is not the "dream truck" I always though a Tacoma would be.
accountCircle Doug L on October 14, 2021
Hard working, off roading, fun to drive truck.
2016 Toyota Tacoma Access Cab Off Road edition; an outstanding vehicle. I looked at the full sized trucks and at Jeep products before finally deciding to buy the Tacoma. The only caution I would offer is to be aware of this vehicle's limitations. If you need to load 2500 lbs in the bed and trailer another 8000 this is not the truck for you. If you need spacious seating for more than two people this is not the truck for you. If you want a hard working midsize truck that is fun to drive and will go almost anywhere then you want this truck. Couple all of that to Toyota quality and service and you've got a winner. Bottom line is that I would buy this truck again.
accountCircle Jim B on July 12, 2021
Great Tacoma, but gearing could be better.
My Tacoma is great for what I need. It has four wheel drive and has a double cab. The long bed is most useful for loading most all recreational toys I have. The gas mileage is very good, and overall, I am very pleased with my purchase. If I could find any flaws in this truck, it would be the engine is always trying to find the highest gear and be fuel efficient. This causes it to go into a low gear suddenly when climbing a hill and suddenly jump into a higher gear before it is really needed. This causes a constant in low gear, into high gear, back in low gear, and then back into high gear. My truck is a trd 4x4 sport extended cab.
accountCircle Joel S on July 5, 2021
The Perfect truck, if you are average height
The truck is beautiful, it drives great, and gets way better mileage than my previous truck. I enjoy some of the newer features like the back up camera, and blind spot monitoring. My only complaints deal with the cab size. I have the double cab and the back seats are not very comfortable for adults. I also feel that the cab is very short. I am 6 foot, and my head nearly touches the roof.
accountCircle Kelly P on September 16, 2021
Troubles of the Toyota Tacoma trd sport.
The trd sport model is nicely upgraded from the lower level models. However, I am disappointed that this model does not have features that other trucks have such as apple CarPlay. It is a 2016 and most other cars/trucks started to include apple CarPlay in 2015. In addition, there are no power seats. Just seems like something all cars should have had by 2016.
accountCircle Anto B on August 21, 2021
A gutless midsize sr5. With a tiny engine that can barely pull its weight.
1)torque compared to my 2003 is terrible. 2)the engine size does not compensate for the heavier weight. 3) I liked the center console folding up. 4) my left leg is not comfortable the door intrudes into the leg room. 5)the most annoying thing is the automatic Bluetooth pick up. 6) for a mid size truck the inside could be roomier. 7) bring back the t100.
accountCircle John H on August 25, 2021
I have some performance modifications added.
The tacoma could include more comfort. It would be nice if the tacoma would have a few more features like the newer Ford f-150. Also if would be nice to see some more performance in the sport version. The trd sport differs from the trd off-road by removing options from it. If it was called sport is should come with more horsepower.
accountCircle Jan W on September 2, 2021
Quality and dependability with style and comfort. Drive it to see.
I like that it is a solid, reliable vehicle. I do not like that it lacks an automatic back window and the passenger handhold is lacking. I also dislike that there is not a way to fold down a middle arm rest in the back seat or a way to control the temperature. We have the Limited model so I expected a little more.
accountCircle Corey S on June 21, 2021
2016 Toyota Tacoma
I have not had any issues with my Tacoma. When it comes to performance, I wish it wasn’t geared so high. Having a 2 wheel drive model, geared so high, makes it tough if you do get into a slippery situation on a dirt road. It is very comfortable and I enjoy the sound system that comes in the basic package.
accountCircle Taylor B on November 21, 2021
2016 Tacoma sr5. Sandstorm and black with tan interior.
I have always really liked the style and appearance of the Tacoma truck. I do a lot of remodeling homes and wanted a truck that could haul what I needed and not be too big. The Tacoma is perfect for that. It gets decent gas mileage and I am averaging around 20 mpg, with a mix of in town and highway miles.
accountCircle Dinah H on July 2, 2021
Technology with an old school feel
For a midsize truck it has all the needed options. Ability to tow many objects. Very easy to get in and out of. The hood scoop gives this truck an old school look behind the wheel. I have had no maintenance issues. The dashboard options free up my hands. My trd sport is a comfortable ride.
accountCircle Chris L on July 10, 2021
Trim and review of a Toyota Tacoma.
Sticking with the affordable sr5 trim, the others are just too costly. This is a great driving truck perfect as a daily driver and family runner. Get the double cab if you need to haul passengers or the extended cab if not. The 6' bed is recommended as the 5' really cannot haul anything.
accountCircle Landon S on July 6, 2021
2016 Toyota Tacoma trd off road package.
It has been perfect to me. It has been very reliable. I have not had any problems out of it. Gas mileage is great. The resale value on it is the best. It wasn't very expensive off the lot. It rides very smooth. It is pretty spacious. It looks great. Would definitely recommend.
accountCircle Mack S on June 25, 2021
2016 Tacoma trd limited review.
Amazing performance. I take my Tacoma everywhere, from highways driving across the country to service roads trying to find campsites. I have never had any problems and would recommended a Tacoma to anyone looking for a good looking, fun, and extremely reliable vehicle.
accountCircle Tristan P on August 6, 2021
Red Toyota Tacoma sr5, with rear step.
When you buy a vehicle from Toyota, expect for it to be a lifetime investment. With just basic maintenance, your vehicle will run smoothly for as long as you need it to. There's a reason why you see so many generation 1 Tacoma's around, it is because they do not break.
accountCircle Cassidy D on August 9, 2021
Toyota Tacoma 2016 - very reliable and comfortable.
There have been no problems thus far and I have had the vehicle for over 2 years now. My only complaint is the length of the cab, as it has been too short for some items I have needed to haul. Other than that, it is a modern base model and I am very satisfied with it.
accountCircle Brittany G on September 11, 2021
Practical, reliable, good looking!
I love my truck! It's the perfect size for driving around. It's easy to park, unlike a full-size truck. It looks sporty and I love the options inside. The four wheel drive is a great option, and I love the trd sport because it has an outlet in the truck bed.
accountCircle Jenna M on September 15, 2021
Great little truck for sporty adventurers.
The vehicle looks great and performs well. I have an access cab so there is very limited space for any back seat passengers. The four wheel drive is a nice feature. 6ft bed is very handy.
accountCircle Victor H on September 18, 2021
Great fuel economy and the overall interior is great.
The truck gets great fuel economy and it is also pretty spacious for a medium size truck. I also like that it's not a base model, its the trd sports with the great trd suspension.
accountCircle Cory H on November 1, 2021
It has an off road package and it is great
It's a great truck and the packages were included
avatar Tyler Linn
Tyler joined Vehicle History as a contributing writer in 2021 and has worked in the automotive industry as a journalist since 2019. His area of expertise lies in '80s and '90s Japanese imports and Toyota/Lexus vehicles. When he's not writing, Tyler likes to jam out to screamo or synthwave in his '94 Toyota Soarer as he pushes it through the twisties with his car club. Check out his poor taste in photography and Christian memes via IG: @tylerlinn5
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