2016 Jeep Cherokee Price Analysis
CarGurus Market Value $14,641
Based on 687 listings
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 | $16,471 |
High Altitude FWD | $29,990 | $29,207 | $15,246 |
Overland 4WD | $38,395 | $37,207 | $16,001 |
Sport FWD | $23,495 | $23,360 | $13,364 |
Limited 4WD | $31,195 | $30,439 | $16,513 |
Limited FWD | $29,195 | $28,484 | $17,052 |
Latitude 4WD | $27,295 | $26,773 | $13,550 |
Latitude FWD | $25,295 | $24,818 | $14,667 |
Sport Altitude 4WD | $26,290 | $26,058 | $15,118 |
Sport Altitude FWD | $24,290 | $24,083 | $13,367 |
Trailhawk 4WD | $30,995 | $30,251 | $16,551 |
Sport 4WD | $25,495 | $25,335 | $14,751 |
Latitude 75th Anniversary FWD | $27,875 | $27,166 | $13,220 |
Latitude 75th Anniversary 4WD | $29,875 | $29,121 | $14,935 |
Overland FWD | $34,695 | $33,654 | $15,469 |
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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