Toyota Tacoma Generation 3 (2016–2023)

Toyota Tacoma Generation 3 (2016–2023) — production years, market prices by model year, NHTSA recalls and owner complaints, and live listings for sale on VehiSales.

Toyota Tacoma — body generations

Generation Produced Facelift
Generation 1 1995–2004 —
Generation 2 2005–2015 —
Generation 3 2016–2023 —
Generation 4 2024–present —

Vehicles within one generation share the same platform and body style.

Engines used in the Tacoma

Engine families this model shipped with, by NHTSA VIN build data — each links to every model that shares it.

Engine Years in this model Also used in VIN builds ⓘ
Toyota 3.5L V6 (2GR) 2016–2023 7 models 168
Toyota 2.7L 4-cylinder 1995–2023 7 models 166
Toyota 4.0L V6 (1GR-FE) 2005–2015 5 models 139
Toyota 2.4L I4 (2AZ-FE) 1995–2026 20 models 80
Toyota 3.4L 6-cylinder 1995–2004 6 models 74

About this generation

The new Tacoma was officially unveiled at the January 2015 North American International Auto Show, with sales in the United States beginning on September 10, 2015. Dimensionally and mechanically, the third generation Tacoma is similar to the preceding generation. While the four-cylinder models retained their N240/260 series codes, the V6 variants were reassigned to the new N300 series. The truck features a revised exterior design inspired by the 2014 model year 4Runner SUV and Tundra pickup.

Changes include a larger grille, new projector-beam headlamps, and a redesigned tailgate and bed with an integrated spoiler and debossed Tacoma logo. The N300 Tacoma is available in Access Cab and Double Cab configurations, offering long or short bed sizes. The Regular Cab model was discontinued for the new generation. The Access Cab comes with a single bed option measuring , while the Double Cab has a standard bed length of , with the bed available as an option.

For the interior of the Tacoma, Toyota incorporated a handlebar theme and introduced a larger touchscreen display and a new instrument panel. The previous generation's hard plastics were replaced with soft-touch materials, and a leather option was introduced. Toyota improved sound insulation with an acoustic windshield, better insulated doors, and additional weather stripping to reduce road and wind noise. Dual climate control was introduced for the first time in the Tacoma.

Unlike the second-generation models, the 2016 and 2017 Tacoma steering wheel controls had reduced functionality, limiting convenience when browsing phone contacts or selecting songs. The steering wheel D-pad controls were no longer linked to the Entune system for browsing and selecting contacts or scrolling through music lists. Instead, drivers had to rely on voice controls or use the center console display's capacitive touchscreen.

These limitations were removed starting with the 2018 model year. In the 2020 model year, the Tacoma received a facelift, which included exterior updates. Inside, new technologies were introduced, including wired Apple CarPlay, Android Auto, and Amazon Alexa capability. The SR5 model and higher trims featured a power-adjustable driver's seat, while the Tacoma Limited Double Cab offered a new Panoramic View Monitor providing a 360-degree bird's-eye view of the truck's surroundings.

Toyota offered a 2.7-liter 2TR-FE I4 engine paired with a 5-speed manual (MY2016-17) or 6-speed automatic transmission, and a 3.5-liter 2GR-FKS V6 engine paired with a 6-speed manual or 6-speed automatic transmission. The 3.5-liter V6 can run on a simulated Atkinson cycle using VVT-iW, and feature Toyota's D-4S system which allows it to switch from port injection to direct injection based on driving conditions. Based on the SAE J2807 tow guidelines the Tacoma can tow up to with the added tow package.

Similar wheelbase lengths of (Access Cab and Double Cab with short bed) and (Double Cab with long bed) were carried over from the preceding generation. In addition, Toyota updated the truck's frame by adding more high-strength steel in order to increase the truck's rigidity and to drop weight. The body was also constructed using ultra-high-strength steel integrated using a new hot stamping process that reduces weight.

Toyota also updated the suspensions, rear differentials, and rear axle to improve the truck's road manners while still keeping it off-road capable. 2WD and 4WD models share the same suspension height and ground clearance. In January 2021, the Tacoma TRD Lift Kit was made available as a dealer-installed option for 2020 and newer Tacoma models. The kit included Bilstein shocks fitted with TRD red dust boots and "Tuned by TRD" graphics.

Total frame ground clearance increases by with the suspension lift kit. The truck is available in 6 trim levels: base SR, mid-level SR5, TRD Off-Road, TRD Sport, Limited, and range-topping TRD Pro.

Source: Wikipedia — Toyota Tacoma — Third generation (N240/N260/N300/N310/N320/N330; 2015), CC BY-SA.

Market by model year

Year Units for sale Median price Vs newest Avg mileage
2016 1,064 $23,995 66% 116,130 mi
2017 1,307 $26,473 73% 102,254 mi
2018 1,348 $27,994 77% 91,857 mi
2019 1,587 $29,265 81% 81,856 mi
2020 1,535 $30,580 84% 75,721 mi
2021 2,129 $32,125 89% 62,752 mi
2022 2,285 $32,868 91% 50,664 mi
2023 4,225 $36,203 100% 37,376 mi

Inventory and price data refreshed daily; last updated .

Recalls & complaints by year (NHTSA)

Year Recalls Complaints Most reported
2016 4 322 Power Train, Unknown Or Other, Engine
2017 5 237 Power Train, Engine, Unknown Or Other
2018 3 198 Service Brakes, Fuel/Propulsion System, Power Train
2019 4 209 Fuel/Propulsion System, Service Brakes, Power Train
2020 1 85 Fuel/Propulsion System, Power Train, Engine
2021 0 76 Power Train, Unknown Or Other, Service Brakes
2022 3 55 Power Train, Unknown Or Other, Air Bags
2023 4 48 Electrical System, Unknown Or Other, Air Bags

Source: NHTSA Office of Defects Investigation.

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