2016 Jeep Cherokee Price Analysis

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CarGurus Market Value $16,243

Based on 9,638 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Latitude 4WD

Location: Williamstown, NJ Price: $16,245 Mileage: 29,480 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Latitude 4WD

Location: Lawrenceville, NJ Price: $16,245 Mileage: 39,295 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels
  • Quick Order Package

2016 Jeep Cherokee Latitude FWD

Location: Grapevine, TX Price: $16,250 Mileage: 35,150 Miles
  • Bluetooth
  • Backup Camera
  • Alloy Wheels

2016 Jeep Cherokee Latitude FWD

Location: Gibson City, IL Price: $16,250 Mileage: 43,154 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 2016 Jeep Cherokee.

Trim MSRP Invoice CarGurus Instant Market Value
High Altitude 4WD $31,990 $31,162 $21,268
High Altitude FWD $29,990 $29,207 $16,957
Overland 4WD $38,395 $37,207 $22,099
Sport FWD $23,495 $23,360 $13,678
Limited 4WD $31,195 $30,439 $18,854
Limited FWD $29,195 $28,484 $15,608
Latitude 4WD $27,295 $26,773 $17,197
Latitude FWD $25,295 $24,818 $15,686
Sport Altitude 4WD $26,290 $26,058 $17,113
Sport Altitude FWD $24,290 $24,083 $15,533
Trailhawk 4WD $30,995 $30,251 $21,306
Sport 4WD $25,495 $25,335 $14,814
Latitude 75th Anniversary FWD $27,875 $27,166 $15,654
Latitude 75th Anniversary 4WD $29,875 $29,121 $17,463
Overland FWD $34,695 $33,654 $20,457

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.

Price Analysis for the Jeep Cherokee

Price Analysis for Cars Similar to the 2016 Jeep Cherokee