2016 Toyota Corolla S Plus
39.1% depreciation ($6,340)
2016 Toyota Corolla S Plus has a median resale price of $13,725 against an original MSRP of $20,065, which works out to 39.1% depreciation across 24 analyzed listings. It ranks 3 of 5 trims by value retention for this model year. This trim is listed with gas and front wheel drive.
Depreciation Details
- MSRP (When New)
- $20,065
- Median Resale Price
- $13,725
- Depreciation
- 39.1%
- Listings Analyzed
- 24
How S Plus Compares to Other 2016 Trims
Lower depreciation means stronger resale retention. The S Plus ranks 3 of 5 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| L | $17,300 | $11,873 | 34.6% | 28 |
| LE | $18,735 | $13,090 | 38.2% | 47 |
| S Plusthis trim | $20,065 | $13,725 | 39.1% | 24 |
| S | $19,365 | $11,700 | 41.2% | 9 |
| S Premium | $23,125 | $13,181 | 44.1% | 6 |
Specifications
| Engine Type | gas |
| Horsepower | 132 hp |
| Torque | 128 lb-ft |
| Transmission | continuously variable-speed automatic |
| Drivetrain | front wheel drive |
| City MPG | 29 mpg |
| Highway MPG | 37 mpg |
| Combined MPG | 32 mpg |
| Engine Size | 1.8 |
| Cylinders | I4 |
| Body Type | Sedan |
| Doors | 4 |
| Seats | 5 |
| Curb Weight | 2,865 lbs |
| Cargo Capacity | 13.0 |
| Fuel Tank | 13.2 |
Frequently Asked Questions
How much has the 2016 Toyota Corolla S Plus depreciated?
The 2016 Toyota Corolla S Plus shows 39.1% depreciation from its original MSRP. In dollar terms, the median listing price is $13,725 compared with an original MSRP of $20,065. This is based on 24 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the S Plus trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 5 trims with enough listing data, it ranks 3 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2016 Toyota Corolla S Plus?
The matched spec record lists gas, front wheel drive, continuously variable-speed automatic, 32 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.