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To inspect the sealed transmission of the 2016 Toyota Tacoma, you'll need to locate the fill and drain plugs by getting under the truck. After removing the fill plug, check if there is sufficient fluid by ensuring the transmission is at the correct temperature. If fluid comes out when the fill plug is removed, then there's no need to add more. The recommended transmission fluid for the Tacoma is F-TYPE or Dexron Vi ATF, which can be purchased for around $5 to $10 per quart depending on the brand and quality. It is advised to change the transmission fluid every 100,000 miles per the manufacturer's recommendation.
The Tacoma 2nd and 3rd generation models feature a transmission system that is sealed, which means there is no dipstick available for checking the fluid level.
To check the transmission fluid, simply open the hood and pull out the dipstick. Insert it into the fluid reservoir, check the level, and top up if needed.