Used 2023 Jeep Cherokee for Sale nearKnoxville, TN

How much does the 2023 Jeep Cherokee cost?

Prices are up 1.91% year-over-year — a sign of continued demand for this model year.

There are 1,118 listings available, which gives you a meaningful amount of inventory to compare before you buy.

Is the 2023 Jeep Cherokee a good car?

Yes — 4.5/5 is a strong user rating for this model year. The 2023 Jeep Cherokee stands out as a crossover-shaped Jeep that still tries to preserve some of the brand’s off-road identity, while also offering everyday usability and available capability. It appeals to you if you want Jeep styling, available four-wheel-drive traction, and a used price range that can make it a relatively accessible entry into the brand. 35.4% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Jeep Cherokee reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The 2023 Jeep Cherokee’s strengths include its mix of everyday usability and available capability, along with features that make it appealing for shoppers who want a practical SUV with some adventure-minded character. At the same time, this generation was known for major transmission issues in its early years, and the buying guide also calls out poor efficiency and some bad engines through the years. For used buyers, that means long-term ownership risk depends heavily on condition, maintenance history, and how carefully the specific vehicle was cared for.

What should I look for when buying a used 2023 Jeep Cherokee?

Accident-free inventory is solid at 85.6% — always verify the vehicle history report.

You should still run a history report on any listing you’re considering, even if the market looks relatively clean. Prioritize a pre-purchase inspection that focuses on mechanical condition, maintenance records, and signs of past repair work. Because this generation has a history of transmission concerns and uneven efficiency, you’ll want to pay close attention to how the vehicle drives and whether everything feels consistent under real-world use.

Is now a good time to buy a used 2023 Jeep Cherokee?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 35.4% of listings are priced as good or great deals.
• Inventory: There are 1,118 listings available.
• Price trend: Prices are up 1.91% year-over-year.
• Clean inventory: 85.6% of listings are accident-free.

If you find a listing below $22,002, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Jeep Cherokee's resale value?

The current average of $23,881 sits slightly above last year's $23,433.

That upward move suggests the market has held up reasonably well for this model year, which can help support future resale if you buy at the right price. If you keep the vehicle in strong condition and avoid overpaying today, you give yourself a better chance of recovering value later. Demand should remain tied to the Cherokee’s Jeep branding, usable feature set, and available capability.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Jeep Cherokee or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 35.4% of listings are priced as good or great deals.
• Accident-free inventory is solid at 85.6% — always verify the vehicle history report.
• Price trend: Prices are up 1.91% year-over-year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: The 2023 is the right path if you want the Cherokee’s final-year mix of Jeep character, everyday usability, and available capability, especially if you can find a clean example priced near the lower end of the market. If you’re more price-sensitive, a nearby model year may give you a similar ownership experience with a lower entry cost, so it’s worth comparing condition and equipment closely before you decide.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.