2016 Jeep Cherokee Price Analysis

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CarGurus Market Value $19,629

Based on 19,216 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Latitude 4WD

Location: Mansfield, OH Price: $19,625 Mileage: 22,274 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Limited 4WD

Location: Fort Mill, SC Price: $19,634 Mileage: 29,379 Miles
  • Navigation System
  • Sunroof/Moonroof
  • Quick Order Package

2016 Jeep Cherokee Latitude FWD

Location: Los Lunas, NM Price: $19,623 Mileage: 28,860 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Limited FWD

Location: Weatherford, TX Price: $19,639 Mileage: 45,214 Miles
  • Bluetooth
  • Leather Seats
  • Premium Wheels
  • Backup Camera
  • Quick Order Package

2016 Jeep Cherokee Price Trends

Are 2016 Jeep Cherokee prices going up or down? Find out on our Jeep Cherokee Price Trends page.

2016 Jeep Cherokee Retail Prices

These prices reflect the current national average retail price for 2016 Jeep Cherokee trims at different mileages. They are based on real time analysis of our 2016 Jeep Cherokee listings. We update these prices daily to reflect the current retail prices for a 2016 Jeep Cherokee.

Trim MSRP Invoice CarGurus Instant Market Value
High Altitude 4WD $31,990 $31,162 $22,053
High Altitude FWD $29,990 $29,207 $19,212
Overland 4WD $38,395 $37,207 $24,688
Sport FWD $23,495 $23,360 $15,119
Limited 4WD $31,195 $30,439 $22,205
Limited FWD $29,195 $28,484 $18,094
Latitude 4WD $27,295 $26,773 $19,299
Latitude FWD $25,295 $24,818 $17,520
Sport Altitude 4WD $26,290 $26,058 $18,003
Sport Altitude FWD $24,290 $24,083 $16,030
Trailhawk 4WD $30,995 $30,251 $24,504
Sport 4WD $25,495 $25,335 $16,364
Latitude 75th Anniversary FWD $27,875 $27,166 $17,925
Latitude 75th Anniversary 4WD $29,875 $29,121 $21,693
Overland FWD $34,695 $33,654 $23,101

MSRP (also known as the sticker price) stands for the Manufacturer Suggested Retail Price. This is the manufacturer's recommended price for the vehicle, including optional equipment.

The Invoice Price of a vehicle is the amount that a dealer pays to the manufacturer for the vehicle. The dealer's profit is the difference between MSRP and Invoice plus any manufacturer-to-dealer incentives.

Price Analysis for the Jeep Cherokee

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