2016 Jeep Cherokee Price Analysis

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Instant Market Value: $24,341

Based on 8,704 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Sport

Location: Alvin, TX Price: $24,341 Mileage: 76 miles
  • Bluetooth
  • Backup Camera
  • Quick Order Package

2016 Jeep Cherokee Sport

Location: Egg Harbour City, NJ Price: $24,338 Mileage: 0 miles
  • Quick Order Package

2016 Jeep Cherokee Sport 4WD

Location: Jerseyville, IL Price: $24,345 Mileage: 0 miles
  • Bluetooth
  • Backup Camera
  • Remote Start
  • Quick Order Package

2016 Jeep Cherokee Sport 4WD

Location: White Lake, MI Price: $24,345 Mileage: 0 miles
  • Backup Camera
  • Quick Order Package
  • Remote Start

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 Instant Market Value
High Altitude 4WD $31990 $31162 $29,313
High Altitude $29990 $29207 $22,212
Overland 4WD $38395 $37207 N/A
Sport $23495 $23360 $19,912
Limited 4WD $31195 $30439 $25,735
Limited $29195 $28484 $21,606
Latitude 4WD $27295 $26773 $23,875
Latitude $25295 $24818 $21,497
Altitude 4WD $26290 $26058 $22,619
Altitude $24290 $24083 $22,132
Trailhawk 4WD $30995 $30251 $29,950
Sport 4WD $25495 $25335 $22,603
Latitude 75th Anniversary $27875 $27166 $23,134
Latitude 75th Anniversary 4WD $29875 $29121 $26,010
Overland $34695 $33654 N/A

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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