2016 Jeep Cherokee Price Analysis

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CarGurus Market Value $19,114

Based on 1,184 listings

Comparable Listings Nationwide

2016 Jeep Cherokee Trailhawk 4WD

Location: Mississauga, ON Price: $19,226 Mileage: 125,230 Kilometres
  • Alloy Wheels

2016 Jeep Cherokee Limited FWD

Location: Mississauga, ON Price: $18,999 Mileage: 55,551 Kilometres

2016 Jeep Cherokee Sport 4WD

Location: Owen Sound, ON Price: $18,999 Mileage: 117,737 Kilometres
  • Value Package
  • Power Package
  • SE Package
  • Alloy Wheels
  • Appearance Package
  • Bluetooth
  • Backup Camera
  • Remote Start
  • Heat Package
  • Climate Package
  • Quick Order Package

2016 Jeep Cherokee Trailhawk 4WD

Location: Steinbach, MB Price: $18,999 Mileage: 142,000 Kilometres
  • Bluetooth
  • Backup Camera

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 $24,571
High Altitude FWD $29,990 $29,207 $16,900
Overland 4WD $38,395 $37,207 $25,786
Sport FWD $23,495 $23,360 $15,544
Limited 4WD $31,195 $30,439 $22,476
Limited FWD $29,195 $28,484 $21,125
Latitude 4WD $27,295 $26,773 $18,004
Latitude FWD $25,295 $24,818 $15,571
Sport Altitude 4WD $26,290 $26,058 $18,634
Sport Altitude FWD $24,290 $24,083 $15,504
Trailhawk 4WD $30,995 $30,251 $23,437
Sport 4WD $25,495 $25,335 $18,621
Latitude 75th Anniversary FWD $27,875 $27,166 $18,149
Latitude 75th Anniversary 4WD $29,875 $29,121 $23,256
Overland FWD $34,695 $33,654 $20,373

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