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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.
Featured Deal$61,995
$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
In 1995. Tacoma is a North American version of the Toyota Hilux, and is a popular model that has been sold no less than 100,000 units every year.
In Texas and Mexico.
The third generation (2015). Its aggressive appearance inspired by the 4Runner and Tundra is captivating.
