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2016 Toyota Tacoma Prices: MSRP, Invoice Pricing, Holdback & "Real" Dealer Cost


2016 Toyota Tacoma Prices: MSRP vs Invoice, w/ Holdback and Dealer Cost
Each Toyota Tacoma price report below reveals the MSRP, invoice price, holdback, and what the dealer paid - the Dealer Cost for all Toyota models. They come complete with detailed pricing data for all their optional equipment. (Details of what these price terms mean are available below)
Terms used in the Price Guides:
MSRP, Invoice Price, Dealer Holdback, Real Dealer Cost

2016 Toyota Tacoma Prices:

Click on a Trim below to find the price of available options.
2016 Tacoma 4X2 SR 127.4 in. WB Access Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$23,660
Dealer Invoice
$22,181
Destination Fee
$900
Holdback
$473
Dealer Cost
$22,608
2016 Tacoma 4X2 SR 127.4 in. WB Double Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$24,490
Dealer Invoice
$22,687
Destination Fee
$900
Holdback
$490
Dealer Cost
$23,097
2016 Tacoma 4X2 SR 127.4 in. WB Access Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$25,185
Dealer Invoice
$23,612
Destination Fee
$900
Holdback
$504
Dealer Cost
$24,008
2016 Tacoma 4X2 SR5 127.4 in. WB Access Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$25,745
Dealer Invoice
$24,135
Destination Fee
$900
Holdback
$515
Dealer Cost
$24,520
2016 Tacoma 4X2 SR5 127.4 in. WB Double Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$26,635
Dealer Invoice
$24,675
Destination Fee
$900
Holdback
$533
Dealer Cost
$25,042
2016 Tacoma 4X2 SR5 127.4 in. WB Access Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$27,355
Dealer Invoice
$25,645
Destination Fee
$900
Holdback
$547
Dealer Cost
$25,998
2016 Tacoma 4X2 SR5 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$28,345
Dealer Invoice
$26,259
Destination Fee
$900
Holdback
$567
Dealer Cost
$26,592
2016 Tacoma 4X4 SR5 127.4 in. WB Access Cab w/ 159-hp, 4 cyl., I-4 2.7-liter
MSRP
$28,820
Dealer Invoice
$27,017
Destination Fee
$900
Holdback
$576
Dealer Cost
$27,341
2016 Tacoma 4X2 SR5 140.6 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$28,845
Dealer Invoice
$26,722
Destination Fee
$900
Holdback
$577
Dealer Cost
$27,045
2016 Tacoma 4X4 SR 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$29,275
Dealer Invoice
$27,121
Destination Fee
$900
Holdback
$586
Dealer Cost
$27,436
2016 Tacoma 4X2 TRD Sport 127.4 in. WB Access Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$30,025
Dealer Invoice
$28,149
Destination Fee
$900
Holdback
$601
Dealer Cost
$28,449
2016 Tacoma 4X4 SR5 127.4 in. WB Access Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$30,530
Dealer Invoice
$28,622
Destination Fee
$900
Holdback
$611
Dealer Cost
$28,911
2016 Tacoma 4X2 TRD Off Road 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,125
Dealer Invoice
$28,837
Destination Fee
$900
Holdback
$623
Dealer Cost
$29,115
2016 Tacoma 4X2 TRD Sport 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,125
Dealer Invoice
$28,837
Destination Fee
$900
Holdback
$623
Dealer Cost
$29,115
2016 Tacoma 4X4 SR5 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,420
Dealer Invoice
$29,107
Destination Fee
$900
Holdback
$628
Dealer Cost
$29,379
2016 Tacoma 4X2 TRD Sport 140.6 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,625
Dealer Invoice
$29,299
Destination Fee
$900
Holdback
$633
Dealer Cost
$29,567
2016 Tacoma 4X4 TRD Sport 127.4 in. WB Access Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,680
Dealer Invoice
$29,700
Destination Fee
$900
Holdback
$634
Dealer Cost
$29,966
2016 Tacoma 4X4 SR5 140.6 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$31,920
Dealer Invoice
$29,571
Destination Fee
$900
Holdback
$638
Dealer Cost
$29,833
2016 Tacoma 4X4 TRD Off Road 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$32,460
Dealer Invoice
$30,072
Destination Fee
$900
Holdback
$649
Dealer Cost
$30,323
2016 Tacoma 4X4 TRD Sport 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$32,460
Dealer Invoice
$30,073
Destination Fee
$900
Holdback
$649
Dealer Cost
$30,324
2016 Tacoma 4X4 TRD Off Road 127.4 in. WB Access Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$33,310
Dealer Invoice
$31,230
Destination Fee
$900
Holdback
$666
Dealer Cost
$31,464
2016 Tacoma 4X4 TRD Off Road 140.6 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$34,700
Dealer Invoice
$32,149
Destination Fee
$900
Holdback
$694
Dealer Cost
$32,355
2016 Tacoma 4X4 TRD Sport 140.6 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$34,700
Dealer Invoice
$32,149
Destination Fee
$900
Holdback
$694
Dealer Cost
$32,355
2016 Tacoma 4X2 Limited 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$35,105
Dealer Invoice
$32,522
Destination Fee
$900
Holdback
$702
Dealer Cost
$32,720
2016 Tacoma 4X4 Limited 127.4 in. WB Double Cab w/ 278-hp, 6 cyl., V-6 3.5-liter
MSRP
$38,180
Dealer Invoice
$35,371
Destination Fee
$900
Holdback
$764
Dealer Cost
$35,507

2016 Toyota Tacoma Trims

The 2016 Toyota Tacoma comes in a range of options that suit a variety of drivers. Having the ability to choose your layout is convenient, but the differences can be somewhat confusing. Here's what you need to know to make a more informed purchase decision.

Which Cab Options Are Available?

Vehicles in the Toyota Tacoma family have traditionally been offered in two cab styles: the double cab and the access cab. The access cab is the standard model from which others are derived, and it includes seating for up to four individuals. It's important to note, however, that while the double cab only seats one additional occupant, it has a more spacious rear seat. 

Double cab vehicles are designed for longer trips and larger loads of carry-on cargo, like personal baggage and other items you'd prefer not to have sitting in the bed. The access cab may feel slightly more maneuverable, and with a comparable drivetrain, it's likely to deliver what feels like greater power and traction. 

Which Trim Packages Are Available?

The 2016 Toyota Tacoma line includes five different grades in access cab and double cab versions. These are the SR, SR5, TRD Sport, TRD Off-Road and Limited. Buyers can also pick between bed lengths of 6.1 feet and 5.0 feet.

All Tacoma vehicles of the 2016 iteration are four-door pickups that feature:

  • 60,000-mile, 60-month powertrain warranty coverage, and
  • 36,000-mile, 36-month basic warranty coverage.

Toyota Tacoma SR

The 2016 Toyota Tacoma SR is powered by a 2.7L, four-cylinder engine that can be upgraded to a six-cylinder, 3.5L option by choosing an automatic double cab. Such an upgrade would also slightly reduce your EPA-estimated city gas mileage to 18 mpg. Highway mileage would remain essentially the same at 23 mpg. 

The 3.5L engine option also delivers increased horsepower of 278 hp at 6,000 rpm. This is a notable increase over the 2.7L engine's 159 hp at 5,200 rpm. Although it's the least flashy model, the SR has:

  • Steering-wheel-mounted audio controls,
  • Powered windows,
  • Powered door locks, and
  • Hands-free phone access via Bluetooth.

Toyota Tacoma SR5

SR5 vehicles include the option of a 3.5L, six-cylinder engine or the regular 2.7L, inline four-cylinder engine. While their power characteristics and steel wheels are much the same as those of their SR cousins, there's more opportunity for customization. 

2016 Toyota Tacoma SR5 vehicles also come by default with a few extra convenience features, such as standard HD radio and navigation. SR5 and SR vehicle upholstery includes cloth surfaces and anchors for child seats. Some of the double cab vehicles are slightly larger in the SR5 family. 

Toyota Tacoma TRD Sport

TRD Sport models ship exclusively with 3.5L, V6 engines. While they still feature the 21.1-gallon fuel capacity of lower models, you might not get as much distance out of a full tank because fuel economy drops down to 17 mpg in the city and 20 mpg on the highway. 

Drivers can pick six-speed manual or automatic transmissions. Inside, they get to ride in the comfort of optional A/C with climate control and optional heated and cooled seating, which not all lower models have. Standard safety features include:

  • Stability control,
  • Traction control,
  • Airbags, and
  • Anti-lock brakes.

Toyota Tacoma TRD Off Road

TRD Off Road vehicles are also restricted to the 3.5L, V6 variety. They may be a bit more appropriate for those who like convenience features, however, as most are equipped with keyless ignitions and satellite radio. They also have standard:

  • On-board computers,
  • Cruise control, and
  • Leather steering surfaces,
These features are completely absent in SR models and only available in some of the other lower types.

Toyota Tacoma Limited

The 2016 Toyota Tacoma Limited features a 3.5L, six-cylinder engine. It's worth noting that unlike the other vehicles in its family, it's only available as a double cab. While there are no manual options, drivers get to customize their six-speed automatics by adding on 4x4 drive capability. 

The Limited standardizes many of the features that are only options or occasionally available in other models. These include safety features like parking-distance sensors and backup cameras. The Limited also adds: 

  • Leather seating,
  • A multi-function remote,
  • An extra speaker, and
  • Standard privacy glass.

Which Vehicle Is the Best Choice?

Unlike many vehicle families, the 2016 Toyota Tacoma range has a number of ways to customize each variant. Compare and contrast specific engine, model and trim combinations side-by-side so that you can find something that suits your driving habits.
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