Used 2016 Jeep Grand Cherokee for Sale near Indianapolis, IN
304 results
CarGurus Analysis:
2016 Jeep Grand Cherokee
With 276 currently listed for sale near Indianapolis, IN and an average price of $15,938.00, 27.2% of 2016 Jeep Grand Cherokees for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Jeep Grand Cherokee 4.8 / 5 stars.
75.0% of 2016 Grand Cherokee models on CarGurus are accident free.
The 2016 Jeep Grand Cherokee is praised for its comfort, performance, and luxurious features, with a spacious interior and powerful engine options making it suitable for both everyday and adventurous driving.
CarGurus Analysis: 2016 Jeep Grand Cherokee
overall
Summary
With 276 currently listed for sale near Indianapolis, IN and an average price of $15,938.00, 27.2% of 2016 Jeep Grand Cherokees for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Jeep Grand Cherokee 4.8 / 5 stars.
75.0% of 2016 Grand Cherokee models on CarGurus are accident free.
The 2016 Jeep Grand Cherokee is praised for its comfort, performance, and luxurious features, with a spacious interior and powerful engine options making it suitable for both everyday and adventurous driving.
Why it stands out
The 2016 Jeep Grand Cherokee is notable for its blend of rugged capability and refined luxury. With multiple powerful engine options, including an impressive 5.7-liter Hemi V8, it offers robust towing capacity and excellent performance both on and off the road. Owners particularly appreciate its spacious interior that combines comfort with functionality, making it suitable for a variety of driving conditions. This model year introduces improved fuel efficiency and a new shifter for its 8-speed automatic transmission, enhancing the driving experience. However, despite its many strengths, potential buyers should consider the Grand Cherokee's average reliability ratings and the compromises needed for off-road capabilities, particularly in urban settings where its truck-like dynamics might not be as favorable.
Other model years to consider
- Average price: $27,685.00
- Good/great deal percentage: 51.9%
- User rating: 4.86 / 5
- Total listings: 715
- Average price: $32,819.00
- Good/great deal percentage: 53.8%
- User rating: 5 / 5
- Total listings: 742
- Average price: $36,160.00
- Good/great deal percentage: 53.1%
- User rating: 5 / 5
- Total listings: 729
This analysis is based on CarGurus' proprietary market data from May 19, 2026, CarGurus experts' opinions, and generative AI.
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4.8 Overall rating
Filter by rating
Thomas T
Reviewed a 2016 Jeep Laredo 75th Anniversary 4WD on Jan 20, 2025
After driving it for the first time I knew I wanted it. I had to have some things line up for me to be able to buy it but they did and I was able to bring it home. The style, comfort and luxury are more than I ever could’ve asked for.
Russ E
Reviewed a 2016 Jeep Grand Cherokee on Jan 19, 2026
Rides and handles great. The 3.0L diesel runs awesome and gets excellent fuel mileage. Can't hear the diesel at all on the road. The looks of the GC are so sexy!
Ken N
Reviewed a 2016 Jeep Limited on Oct 22, 2025
The car is nice I like the black and it’s clean it has a back up camera even though I don’t use them that’s nice as well it’s very spacious
Cory L
Reviewed a 2016 Jeep Grand Cherokee on Feb 11, 2020
2016 Jeep Cherokee - great everyday vehicle. Super comfortable and great capabilities. 4x4 with all the comfort of a fine leather chair. Mudd/rocks no problem. Highway driving @ 80 mph no problem. Plenty of space for all my sh...stuff. :) This is our fourth GC and fifth Jeep overall. No complaints.
2016 Jeep Grand Cherokee Trims
| Trim type | MSRP |
|---|---|
| Limited 75th Anniversary 4WD | $43,175 |
| High Altitude 4WD | $50,090 |
| Laredo | $29,995 |
| Summit 4WD | $52,795 |
| Limited | $37,565 |
| Overland 4WD | $47,395 |
| Laredo 4WD | $32,295 |
| Limited 4WD | $39,565 |
2016 Jeep Grand Cherokee Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Jeep Grand Cherokee prices has changed over time.
See more price trends2016 Jeep Grand Cherokee Pricing Analysis: Indianapolis, IN Market Report
Pricing by Nearby Locations
Market Area: Indianapolis, IN
Key Insights
- Lowest Prices in Central Indiana: Markets such as Crawfordsville, IN ($15,104) and Kokomo, IN ($13,296) offer the most affordable pricing, likely due to higher inventory levels and lower demand.
- Higher Prices in Dayton, OH: The Dayton market ($14,475) has higher average pricing, suggesting a stronger demand or fewer available listings compared to surrounding areas.
- Inventory Levels Influence Prices: Locations with robust inventory, like Anderson, IN (294 listings) and Columbus, IN (268 listings), show more competitive pricing, averaging around $15,000–$17,897.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Anderson, IN | 294 | $15,223 |
| Crawfordsville, IN | 282 | $15,104 |
| Kokomo, IN | 296 | $13,296 |
| Bloomington, IN | 264 | $20,048 |
| Columbus, IN | 268 | $17,897 |
| Dayton, OH | 294 | $14,475 |
| Lafayette, IN | 280 | $13,238 |
| Terre Haute, IN | 252 | $14,283 |
| Cincinnati, OH | 284 | $14,724 |
Pricing by Trim Packages
Key Insights
- Limited 4WD is the Most Common Trim: The Limited 4WD trim (713 listings) is the clear leader in terms of inventory, indicating strong consumer preference for its features and performance.
- Price Variation Among Trims: The Summit 4WD trim ($52,795 MSRP) is priced significantly higher than the base Laredo 4WD ($32,295 MSRP), highlighting the premium features available in higher trims.
- AWD is a Preferred Drivetrain: All listed trims feature an AWD option, signifying the demand for vehicles capable of handling diverse driving conditions.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Limited 4WD | 713 | $39,565 | 4X4 | 3.6L 295 hp V6 |
| Laredo 4WD | 215 | $32,295 | 4X4 | 3.6L 295 hp V6 |
| Overland 4WD | 177 | $47,395 | 4X4 | 3.6L 295 hp V6 |
| Summit 4WD | 116 | $52,795 | 4X4 | 3.6L 295 hp V6 |
| Laredo E 4WD | 58 | $34,295 | 4X4 | 3.6L 295 hp V6 |
| Limited | 41 | $37,565 | 4X2 | 3.6L 295 hp V6 |
| High Altitude 4WD | 52 | $50,090 | 4X4 | 3.6L 295 hp V6 |
| Laredo | 39 | $29,995 | 4X2 | 3.6L 295 hp V6 |
Pricing Analysis by Model Year
Key Insights
- Depreciation Trends: The 2017 model year shows the highest depreciation at ~52.1% from MSRP, indicating steep drops in value for older models, while newer models hold their value better.
- 2025 Model Premium: The 2025 Jeep Grand Cherokee is priced approximately +4.7% above MSRP, suggesting high demand amid low supply.
- Best Value in Recent Models: The 2024 model offers the best current price at -$1,452 compared to its MSRP, implying a more stable value retention than older models.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 Jeep Grand Cherokee | $37,095 | $38,269 | +3.2% |
| 2024 Jeep Grand Cherokee | $36,495 | $36,043 | -1.2% |
| 2023 Jeep Grand Cherokee | $39,535 | $32,718 | -17.3% |
| 2022 Jeep Grand Cherokee | $36,980 | $27,751 | -25.0% |
| 2021 Jeep Grand Cherokee | $35,460 | $23,317 | -34.3% |
| 2020 Jeep Grand Cherokee | $32,150 | $23,867 | -25.9% |
| 2019 Jeep Grand Cherokee | $31,945 | $19,364 | -39.3% |
| 2018 Jeep Grand Cherokee | $30,895 | $20,442 | -33.8% |
| 2017 Jeep Grand Cherokee | $30,395 | $14,563 | -52.1% |
| 2015 Jeep Grand Cherokee | $29,995 | $13,174 | -56.1% |
| 2014 Jeep Grand Cherokee | $29,495 | $12,065 | -59.1% |
These recommendations are based on CarGurus' proprietary market data from May 21, 2026, CarGurus experts' opinions, and generative AI.
