2016 Jeep Cherokee Price Analysis

Price Analysis for Used 2016 Jeep Cherokee

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CarGurus IMV: $20,777

Based on 12,721 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Limited 4WD

Location: Moline, IL Price: $20,777 Mileage: 44,391 miles
  • Bluetooth
  • Leather Seats
  • Remote Start
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Latitude 4WD

Location: Bridgeview, IL Price: $20,781 Mileage: 29,657 miles
  • Bluetooth

2016 Jeep Cherokee Limited 4WD

Location: Matteson, IL Price: $20,772 Mileage: 52,736 miles
  • Bluetooth
  • Leather Seats

2016 Jeep Cherokee Limited 4WD

Location: Randallstown, MD Price: $20,784 Mileage: 40,500 miles
  • Bluetooth
  • Backup Camera
  • 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 $23,081
High Altitude $29990 $29207 $19,635
Overland 4WD $38395 $37207 $28,423
Sport $23495 $23360 $17,587
Limited 4WD $31195 $30439 $24,446
Limited $29195 $28484 $20,278
Latitude 4WD $27295 $26773 $21,244
Latitude $25295 $24818 $18,416
Altitude 4WD $26290 $26058 $20,871
Altitude $24290 $24083 $20,730
Trailhawk 4WD $30995 $30251 $27,333
Sport 4WD $25495 $25335 $18,658
Latitude 75th Anniversary $27875 $27166 $19,578
Latitude 75th Anniversary 4WD $29875 $29121 $21,427
Overland $34695 $33654 $25,862

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.