Market retention
Jeep Cherokee value after 10 years.
A 2016 Jeep Cherokee is worth about $7,997–$11,388 today, depending on trim. That's 60.7% to 69.6% below original MSRP.
Current fair price
$7,997–$11,388
Compared with the original MSRP for the same trim.
Newest market year
2023
Fair price $24,463
Price today by trim
$7,997–$11,388
Current market range for matching trims
Price vs. original MSRP
60.7% to 69.6% below original MSRP
8 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's current fair price with the newest Jeep Cherokee in this study.
2023
3 years old
$24,463 100%2022
4 years old
$23,160 95%2021
5 years old
$19,827 81%2020
6 years old
$17,498 72%2019
7 years old
$15,541 64%2018
8 years old
$13,319 54%2017
9 years old
$11,797 48%2016
10 years old
$10,379 42%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 3 | 2023 | 36,000 | $24,463 | 100% | Market |
| 4 | 2022 | 48,000 | $23,160 | 95% | Market |
| 5 | 2021 | 60,000 | $19,827 | 81% | Market |
| 6 | 2020 | 72,000 | $17,498 | 72% | Market |
| 7 | 2019 | 84,000 | $15,541 | 64% | Market |
| 8 | 2018 | 96,000 | $13,319 | 54% | Market |
| 9 | 2017 | 108,000 | $11,797 | 48% | Market |
| 10 | 2016 | 120,000 | $10,379 | 42% | Market |
| 11 | 2015 | 132,000 | $8,841 | 36% | Projected |
| 12 | 2014 | 144,000 | $7,785 | 32% | Projected |
| 13 | 2013 | 156,000 | $6,855 | 28% | Projected |
| 14 | 2012 | 168,000 | $6,036 | 25% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values extend the observed market trend and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Jeep Cherokee market-value FAQ.
How does Jeep Cherokee market value vary by model year?
This study compares mileage-adjusted fair prices across Jeep Cherokee model years. It is a market snapshot, not the resale history of one vehicle.
What is a 2016 Jeep Cherokee worth compared with its original MSRP?
A 2016 Jeep Cherokee is worth about $7,997–$11,388 today, depending on trim. Compared with original MSRP, values run 60.7% to 69.6% below original MSRP.
What will a Jeep Cherokee be worth at 14 years old?
Extending the observed market trend, a 14-year-old Jeep Cherokee (around 168,000 miles) would be worth about $6,036—roughly 25% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 9/17/2026. Estimates only; your car's value depends on condition, options, and location.