2016 Jeep Cherokee Price Analysis

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CarGurus Market Value $19,794

Based on 19,813 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Latitude 4WD

Location: Colorado Springs, CO Price: $19,795 Mileage: 29,549 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Latitude 4WD

Location: Lewisburg, PA Price: $19,795 Mileage: 26,745 Miles
  • Bluetooth
  • Backup Camera
  • Aluminum Wheels
  • Navigation System

2016 Jeep Cherokee Latitude 4WD

Location: Lewisburg, PA Price: $19,795 Mileage: 28,495 Miles
  • Bluetooth
  • Backup Camera
  • Aluminum Wheels
  • Navigation System

2016 Jeep Cherokee Latitude 4WD

Location: Bridgeport, NY Price: $19,795 Mileage: 21,797 Miles
  • Bluetooth
  • 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 $22,204
High Altitude FWD $29,990 $29,207 $19,123
Overland 4WD $38,395 $37,207 $25,059
Sport FWD $23,495 $23,360 $15,248
Limited 4WD $31,195 $30,439 $22,211
Limited FWD $29,195 $28,484 $18,494
Latitude 4WD $27,295 $26,773 $19,808
Latitude FWD $25,295 $24,818 $17,493
Sport Altitude 4WD $26,290 $26,058 $18,209
Sport Altitude FWD $24,290 $24,083 $16,011
Trailhawk 4WD $30,995 $30,251 $24,792
Sport 4WD $25,495 $25,335 $16,389
Latitude 75th Anniversary FWD $27,875 $27,166 $18,226
Latitude 75th Anniversary 4WD $29,875 $29,121 $21,392
Overland FWD $34,695 $33,654 $23,210

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

Price Analysis for Cars Similar to the 2016 Jeep Cherokee