2016 Jeep Cherokee Price Analysis

Price Analysis for Used 2016 Jeep Cherokee

Choose trim for pricing guidance

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CarGurus IMV: $21,048

Based on 9,404 listings

Comparable Listings Nationwide

2016 Jeep Cherokee

Location: Winchester, VA Price: $21,040 Mileage: 38,467 miles
  • Bluetooth

2016 Jeep Cherokee Limited 4WD

Location: Georgetown, KY Price: $21,039 Mileage: 40,356 miles
  • Bluetooth
  • Alloy Wheels

2016 Jeep Cherokee Latitude 4WD

Location: Boscobel, WI Price: $21,030 Mileage: 17,697 miles
  • Bluetooth
  • Aluminum Wheels

2016 Jeep Cherokee Limited 4WD

Location: Terrell, TX Price: $21,068 Mileage: 43,879 miles
  • Bluetooth
  • Aluminum 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 $25,524
High Altitude $29990 $29207 $20,800
Overland 4WD $38395 $37207 N/A
Sport $23495 $23360 $18,128
Limited 4WD $31195 $30439 $24,769
Limited $29195 $28484 $20,420
Latitude 4WD $27295 $26773 $21,086
Latitude $25295 $24818 $19,449
Altitude 4WD $26290 $26058 $22,017
Altitude $24290 $24083 $19,877
Trailhawk 4WD $30995 $30251 $28,547
Sport 4WD $25495 $25335 $19,888
Latitude 75th Anniversary $27875 $27166 $20,631
Latitude 75th Anniversary 4WD $29875 $29121 $22,902
Overland $34695 $33654 $28,609

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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