2016 Jeep Cherokee Price Analysis

Price Analysis for Used 2016 Jeep Cherokee

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CarGurus IMV: $21,119

Based on 9,492 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Limited

Location: Folsom, CA Price: $21,094 Mileage: 35,768 miles
  • Bluetooth
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Latitude 4WD

Location: Fridley, MN Price: $21,155 Mileage: 14,726 miles
  • Bluetooth
  • Backup Camera
  • Sunroof/Moonroof
  • Remote Start

2016 Jeep Cherokee Latitude 4WD

Location: Burley, ID Price: $21,076 Mileage: 29,000 miles
  • Bluetooth
  • Alloy Wheels

2016 Jeep Cherokee Latitude

Location: Jackson, TN Price: $21,200 Mileage: 6,384 miles
  • Bluetooth
  • Backup Camera
  • Power Package
  • Alloy 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 $23,793
High Altitude $29990 $29207 $19,250
Overland 4WD $38395 $37207 $29,646
Sport $23495 $23360 $17,740
Limited 4WD $31195 $30439 $24,699
Limited $29195 $28484 $19,798
Latitude 4WD $27295 $26773 $21,496
Latitude $25295 $24818 $19,339
Altitude 4WD $26290 $26058 $21,752
Altitude $24290 $24083 $20,952
Trailhawk 4WD $30995 $30251 $28,169
Sport 4WD $25495 $25335 $19,383
Latitude 75th Anniversary $27875 $27166 $19,836
Latitude 75th Anniversary 4WD $29875 $29121 $22,182
Overland $34695 $33654 $26,142

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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