How fast does the Jeep Cherokee depreciate?
Average depreciation
12.7%per year
The newest Jeep Cherokee (2022) has a fair price of about $24,088. Older model years retain progressively less of that value.
Value retention by model year
| Model year | Age (yrs) | Fair price | Retention |
|---|---|---|---|
| 2022 | 4 | $24,088 | 100% |
| 2021 | 5 | $20,366 | 85% |
| 2020 | 6 | $18,098 | 75% |
| 2019 | 7 | $16,039 | 67% |
| 2018 | 8 | $13,854 | 58% |
| 2017 | 9 | $11,976 | 50% |
| 2016 | 10 | $10,515 | 44% |
This is a cross-sectional estimate: it compares the mileage-adjusted market prices of different model years today, not the resale history of a single car. Actual depreciation depends on mileage, condition, trim, and market shifts.
12-year depreciation forecast
Projected resale value and typical accumulated mileage for the Jeep Cherokee by vehicle age. Rows marked Market are backed by current listings; Projected rows extrapolate the 12.7%-per-year rate.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 4 | 2022 | 48,000 | $24,088 | 100% | Market |
| 5 | 2021 | 60,000 | $20,366 | 85% | Market |
| 6 | 2020 | 72,000 | $18,098 | 75% | Market |
| 7 | 2019 | 84,000 | $16,039 | 67% | Market |
| 8 | 2018 | 96,000 | $13,854 | 58% | Market |
| 9 | 2017 | 108,000 | $11,976 | 50% | Market |
| 10 | 2016 | 120,000 | $10,515 | 44% | Market |
| 11 | 2015 | 132,000 | $9,279 | 39% | Projected |
| 12 | 2014 | 144,000 | $8,097 | 34% | Projected |
| 13 | 2013 | 156,000 | $7,065 | 29% | Projected |
| 14 | 2012 | 168,000 | $6,165 | 26% | Projected |
| 15 | 2011 | 180,000 | $5,380 | 22% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Frequently asked questions
How fast does the Jeep Cherokee depreciate?
About 12.7% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Jeep Cherokee worth after 10 years?
A 2016 Jeep Cherokee is worth roughly $10,515 — about 44% of the newest year's fair price.
What will a Jeep Cherokee be worth at 15 years old?
Projecting the 12.7%-per-year rate forward, a 15-year-old Jeep Cherokee (around 180,000 miles) would be worth about $5,380 — roughly 22% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 6/24/2026. Estimates only; your car's value depends on condition, options, and location.