2016 Jeep Cherokee Price Analysis

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Instant Market Value: $24,482

Based on 10,204 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Latitude 4WD

Location: Batavia, OH Price: $24,481 Mileage: 2,231 miles
  • Bluetooth
  • Aluminum Wheels

2016 Jeep Cherokee Limited 4WD

Location: Butler, NJ Price: $24,480 Mileage: 18,382 miles
  • Leather Seats

2016 Jeep Cherokee Limited 4WD

Location: Colorado Springs, CO Price: $24,486 Mileage: 14,420 miles
  • Bluetooth
  • Leather Seats
  • Aluminum Wheels

2016 Jeep Cherokee Limited 4WD

Location: Granger, IA Price: $24,488 Mileage: 4,935 miles
  • Bluetooth
  • Leather Seats
  • Backup Camera
  • Remote Start
  • 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 Instant Market Value
High Altitude 4WD $31990 $31162 $28,261
High Altitude $29990 $29207 $21,588
Overland 4WD $38395 $37207 N/A
Sport $23495 $23360 $19,647
Limited 4WD $31195 $30439 $25,855
Limited $29195 $28484 $21,179
Latitude 4WD $27295 $26773 $23,900
Latitude $25295 $24818 $20,988
Altitude 4WD $26290 $26058 $22,104
Altitude $24290 $24083 $23,016
Trailhawk 4WD $30995 $30251 $29,293
Sport 4WD $25495 $25335 $22,049
Latitude 75th Anniversary $27875 $27166 $23,158
Latitude 75th Anniversary 4WD $29875 $29121 $25,523
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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