2016 Jeep Cherokee Price Analysis

Price Analysis for Used 2016 Jeep Cherokee

Choose trim for pricing guidance

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CarGurus IMV: $21,286

Based on 9,549 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Sport 4WD

Location: Golden, CO Price: $21,297 Mileage: 12,726 miles

2016 Jeep Cherokee

Location: MADISON, WI Price: $21,275 Mileage: 24,479 miles

2016 Jeep Cherokee Limited 4WD

Location: Grand Rapids, MI Price: $21,250 Mileage: 24,867 miles
  • Bluetooth
  • Leather Seats
  • Alloy Wheels

2016 Jeep Cherokee

Location: Santa Rosa, CA Price: $21,329 Mileage: 16,226 miles
  • Bluetooth
  • Premium Wheels

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 Used 2016 Jeep Cherokee.

Trim MSRP Invoice CarGurus Instant Market Value
High Altitude 4WD $31990 $31162 $25,885
High Altitude $29990 $29207 $21,283
Overland 4WD $38395 $37207 N/A
Sport $23495 $23360 $18,415
Limited 4WD $31195 $30439 $25,006
Limited $29195 $28484 $20,833
Latitude 4WD $27295 $26773 $21,694
Latitude $25295 $24818 $19,551
Altitude 4WD $26290 $26058 $22,763
Altitude $24290 $24083 N/A
Trailhawk 4WD $30995 $30251 $28,090
Sport 4WD $25495 $25335 $20,469
Latitude 75th Anniversary $27875 $27166 $21,006
Latitude 75th Anniversary 4WD $29875 $29121 $23,265
Overland $34695 $33654 $29,567

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.

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