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The 3rd Gen Toyota Tacoma (2016–2023) is a highly regarded midsize truck known for its reliability, resale value, and off-road capability. This generation introduced a new 3.5L V6 engine replacing the previous 4.0L, paired with a 6-speed automatic transmission. While it improved efficiency, some drivers have noted transmission behavior and power delivery feel as trade-offs.
From a dealer’s perspective, these trucks consistently hold their value and perform well long-term, especially when properly maintained. Key strengths include durability, strong aftermarket support, and off-road performance, while drawbacks can include a dated interior and driving refinement compared to newer competitors.
Not all 3rd Gen Tacoma model years are the same. While the 2016–2023 generation is generally reliable, later models saw improvements in performance and technology.
In general, 2019–2022 models are considered more refined with fewer reported issues, while 2020+ models benefit from updated tech like Apple CarPlay. Earlier years such as 2016 and 2017 may have more initial issues, particularly with transmission behavior.
That said, even earlier models can still be solid options when properly maintained, as the Tacoma overall is known for long-term durability.
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$37,995

$31,495

$89,995
*Specs may vary depending on the pre-owned base vehicle
The 3rd Gen Toyota Tacoma (2016–2023) offers several trims, but they can be grouped into three main categories based on how you plan to use the truck:
These trims focus on affordability and everyday usability.
They offer essential features with enough comfort for commuting and light-duty use.
These are the most popular trims, designed for either on-road performance or off-road capability.
They add upgraded suspension, styling, and terrain-focused features.
These trims sit at the top of the lineup, offering either premium comfort (Limited) or maximum off-road performance (TRD Pro).
Some of the most frequently reported concerns include:
These issues are generally not severe, but they can impact driving experience depending on your expectations.
Yes—overall, the 3rd Gen Tacoma is considered a highly reliable truck.
Even for model years with more reported issues, most concerns have been addressed through recalls, technical service bulletins, or routine maintenance. In real-world conditions, properly maintained vehicles—especially those that have been inspected and serviced—remain dependable and long-lasting.
From a dealer’s perspective, the key is not just the model year, but the condition of the individual vehicle.
Featured Deal$61,995

$37,995

$31,495

$89,995
The biggest change was the introduction of a new 3.5L V6 engine, replacing the older 4.0L. This update improved fuel efficiency while maintaining solid performance for daily driving and light towing.
Toyota also added Toyota Safety Sense (TSS-P) as standard on most models, bringing features like adaptive cruise control and lane departure alert—making the Tacoma more practical for everyday use.
Over time, the 3rd Gen Tacoma continued to evolve with smaller updates, including:
Overall, the 3rd Gen Tacoma strikes a balance between proven reliability and modern features, making it a strong option in the used truck market.
Featured Deal$61,995

$37,995

$31,495

$89,995
The 3rd Gen Toyota Tacoma includes model years 2016 through 2023. This generation introduced a new engine, updated styling, and improved safety features compared to earlier models.
Yes, the 3rd Gen Tacoma is widely considered a reliable truck. With proper maintenance, many models last well over 200,000 miles. Even earlier model years can be dependable when properly inspected and serviced.
Many buyers prefer 2019–2022 models due to improved refinement and fewer reported issues. However, the best choice ultimately depends on vehicle condition, maintenance history, and how the truck will be used.
Learn more about the best and worst Tacoma years
The 3rd Gen Tacoma comes with either a 2.7L 4-cylinder or a 3.5L V6 engine. The V6 is the more popular option, offering a better balance of power and efficiency.
When properly equipped, the 3rd Gen Tacoma can tow up to 6,800 lbs. Towing capacity varies depending on engine, drivetrain, and configuration.
For most buyers, the TRD Off-Road offers the best balance of capability and value. The SR5 is a strong choice for daily driving, while the TRD Pro is ideal for serious off-road use.
Yes, especially trims like TRD Off-Road and TRD Pro, which include features like Multi-Terrain Select and Crawl Control. These models are well-suited for trails and outdoor use.
Yes, the 3rd Gen Tacoma is one of the most popular choices in the used truck market thanks to its durability and resale value. Choosing the right model year and vehicle condition is key.