Ridekick price intelligence

2016 Jeep Cherokee Price: Fair Market Value & MSRP

A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.

Fair market price

$10,582

Inside the middle half of current listings.

Price intelligence

A map of today's market

Fair price is in the typical market range

$3,490$18,488
Typical market range
$9,214$12,999

Middle 50% of active listings

Ridekick fair price
$10,582

Mileage-adjusted estimate

Original MSRP range
$23,395–$34,895

8 sourced trims when new

Buyer context

Market pulse

Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.

Negotiating leverage

72

strong leverage / 100

~55 days of national supply and listings typically ~11% above fair price — strong leverage to negotiate.

National supply

55

days of supply

Balanced market

Supply and demand are roughly balanced for the 2016 Jeep Cherokee.

Estimated dealer cost (invoice)

$21,523$22,459

Estimated dealer invoice — about $23,395 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
Sport$8,890$23,395$21,523–$22,459
75th Anniversary$9,568$27,875$25,645–$26,760
Sport Altitude$10,419$26,290$24,187–$25,238
Limited$10,429$28,995$26,675–$27,835
Latitude$10,775$27,295$25,111–$26,203
Altitude$11,095$27,990$25,751–$26,870
Trailhawk$12,764$34,895$32,103–$33,499
high-altitude$29,990$27,591–$28,790

Trim comparison

How each trim is priced

Estimated dealer cost Original MSRP Fair price
Trim
$6,810$21,893$36,975
Fair price

Sport

$8,890

Sport: fair price $8,890, original MSRP $23,395, estimated dealer cost $21,523 to $22,459.

75th Anniversary

$9,568

75th Anniversary: fair price $9,568, original MSRP $27,875, estimated dealer cost $25,645 to $26,760.

Sport Altitude

$10,419

Sport Altitude: fair price $10,419, original MSRP $26,290, estimated dealer cost $24,187 to $25,238.

Limited

$10,429

Limited: fair price $10,429, original MSRP $28,995, estimated dealer cost $26,675 to $27,835.

Latitude

$10,775

Latitude: fair price $10,775, original MSRP $27,295, estimated dealer cost $25,111 to $26,203.

Altitude

$11,095

Altitude: fair price $11,095, original MSRP $27,990, estimated dealer cost $25,751 to $26,870.

Trailhawk

$12,764

Trailhawk: fair price $12,764, original MSRP $34,895, estimated dealer cost $32,103 to $33,499.

high-altitude

high-altitude: fair price not available, original MSRP $29,990, estimated dealer cost $27,591 to $28,790.

All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.

Out-the-door price by state

Out-the-door for a 2016 Jeep Cherokee runs about $10,972 in MT to $12,394 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.

StateSales/use taxDoc + title + regOut-the-door
CA$773$110+$11,544
TX$666$332$11,659
FL$640$1,074+$12,375
NY$426$371$11,458
PA$640$587$11,888
IL$666$683$12,010
OH$613$444$11,718
GA$746$637$12,044
NC$320$793$11,774
WA$693$215+$11,569
OR$0$525$11,186

Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.

Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon

Safety & recalls

9 open NHTSA recalls on record for the 2016 Jeep Cherokee.

ELECTRICAL SYSTEM:WIRING

Chrysler (FCA US LLC) is recalling certain 2014-2018 Dodge Journey, Charger and Durango, RAM 2500, 3500, 3500 Cab Chassis (more than 10,000lb), 4500 Cab Chassis and 5500 Cab Chassis, Jeep Cherokee and Grand Cherokee and Chrysler 300, 2014-2019 RAM 1500, 2015-2018 Dodge Challenger, 2015-2017 Chrysler 200, 2016-2018 RAM 3500 Cab Chassis (less than 10,000 lb), 2017-2018 Chrysler Pacifica and 2018 Jeep Wrangler vehicles. These vehicles are being recalled to address a defect that could prevent the cruise control system from disengaging. If, when using cruise control, there is a short circuit within the vehicle's wiring, the driver may not be able to shut off the cruise control either by depressing the brake pedal or manually turning the system off once it has been engaged, resulting in either the vehicle maintaining its current speed or possibly accelerating.

Remedy: Chrysler will notify owners, and dealers will inspect the software, and perform a software flash on the engine or powertrain control module, free of charge. The recall began June 4, 2018. Owners may contact Chrysler customer service at 1-800-853-1403. Note: Owners are advised to stop using cruise control until the software update has been performed. In the event that cruise control cannot be disengaged while driving, owners should firmly and steadily apply the brakes and shift the transmission to neutral, placing the vehicle in park once it has stopped.

Campaign 18V332000 · 17/05/2018

ELECTRICAL SYSTEM:WIRING: REAR COMPARTMENT/TRUNK

Chrysler (FCA US LLC) is recalling certain model year 2015-2016 Jeep Cherokee vehicles manufactured February 18, 2015, to September 10, 2015 and equipped with the power liftgate option. In the affected vehicles, water may leak into the Power Liftgate Control Module and result in a high resistance short circuit.

Remedy: Chrysler will notify owners, and dealers will inspect the module and connectors for corrosion, replacing the damaged components as necessary. The mastic shield will be removed and the module will be covered with a water shield. These repairs will be performed free of charge. The recall began on February 1, 2016. Owners may contact Chrysler customer service at 1-800-853-1403. Chrysler's number for this recall is R67. This recall is superseded by NHTSA recall 23V-338.

Campaign 15V826000 · 09/12/2015

EQUIPMENT

Chrysler (FCA US LLC) is recalling various Dodge, Chrysler, and RAM vehicles equipped with Kidde Plastic-Handle or Push Button 'Pindicator' Fire Extinguishers. A list of the affected trailer models is available at: https://static.nhtsa.gov/odi/rcl/2017/RMISC-17V824-0103.pdf. These extinguishers may become clogged, preventing the extinguisher from discharging as expected or requiring excessive force to activate the extinguisher. Additionally, in certain models, the nozzle may detach from the valve assembly with enough force that it could cause injury and also render the product inoperable. For a full list of the affected fire extinguisher models visit: https://static.nhtsa.gov/odi/rcl/2017/RMISC-17E062-5427.pdf

Remedy: Chrysler will notify owners instructing them to contact Kidde for a replacement fire extinguisher, free of charge. The recall began February 14, 2018. Owners may contact Chrysler customer service at 1-800-853-1403 or Kidde customer service service toll-free at 1-855-262-3540, or online at www.kidde.com and click on "Product Safety Recall" for more information. Chrysler's number for this recall is T82.

Campaign 17V824000 · 21/12/2017

SEATS

Chrysler (FCA US LLC) is recalling certain model year 2014-2016 Jeep Cherokee vehicles manufactured July 29, 2013, to February 5, 2016. The seat fasteners on the first or second row seats may not have been tightened to the proper torque specification.

Remedy: Chrysler will notify owners, and dealers will replace the seats or seat sets, free of charge. The recall is expected to begin during September 2016. Owners may contact Chrysler customer service at 1-800-853-1403. Chrysler's number for this recall S63.

Campaign 16V590000 · 10/08/2016

POWER TRAIN:AXLE ASSEMBLY:AXLE SHAFT

Chrysler Group LLC (Chrysler) is recalling certain model year 2016 Jeep Cherokee vehicles manufactured September 30, 2015, to October 2, 2015. The left halfshaft may have been incorrectly manufactured causing it to fracture without warning.

Remedy: Chrysler will notify owners, and dealers will replace the left halfshaft, free of charge. The recall began on June 30, 2016. Owners may contact Chrysler's customer service at 1-800-853-1403. Chrysler's recall number is S38.

Campaign 16V287000 · 11/05/2016

POWER TRAIN:AXLE ASSEMBLY:AXLE SHAFT

Chrysler Group LLC (Chrysler) is recalling certain model year 2016 Jeep Cherokee vehicles manufactured October 3, 2015, to March 22, 2016. The right halfshaft may have been incorrectly manufactured causing it to fracture without warning.

Remedy: Chrysler will notify owners, and dealers will replace the right halfshaft, free of charge. The recall began on June 30, 2016. Owners may contact Chrysler's customer service at 1-800-853-1403. Chrysler's recall number is S39.

Campaign 16V284000 · 11/05/2016

POWER TRAIN:DRIVELINE:DIFFERENTIAL UNIT

Chrysler (FCA US LLC) is recalling certain 2014-2017 Jeep Cherokee vehicles equipped with a two-speed Power Transfer Unit (PTU). Relative movement in the Power Transfer Unit (PTU) between the differential input splines and the transmission output shaft may cause some input spline teeth to wear off, which may eventually cause a loss of engagement between the transmission and the differential inside the PTU. If this occurs, power cannot be transferred between the front wheels and the transmission which results in a loss of drive while the vehicle is in motion and a loss of the Park function while stationary.

Remedy: FCA US LLC will notify owners, and dealers will perform a software update that will maintain vehicle propulsion by engaging rear wheel drive and prevent rolling in Park by activating the electronic parking brake if a failed input spline occurs. This recall began July 14, 2020. Owners may contact FCA USA LLC customer service at 1-800-853-1403. FCA's number for this recall is W47.

Campaign 20V343000 · 11/06/2020

POWER TRAIN:AUTOMATIC TRANSMISSION

Chrysler (FCA US, LLC) is recalling certain 2016-2017 Jeep Cherokee vehicles. The power transfer unit (PTU) may become damaged and disengage the transmission and differential, resulting in a loss of drive power or loss of park function.

Remedy: FCA US LLC will notify owners, and dealers will perform a software update, free of charge. Owner notification letters were mailed May 11, 2023. Owners may contact FCA USA LLC customer service at 1-800-853-1403. FCA's number for this recall is 45A. This recall expands previous recall number 20V-343.

Campaign 23V302000 · 27/04/2023

ELECTRICAL SYSTEM:WIRING: REAR COMPARTMENT/TRUNK

Chrysler (FCA US, LLC) is recalling certain 2014-2016 Jeep Cherokee vehicles equipped with a power liftgate. An electrical short in the power liftgate module may lead to a vehicle fire with the ignition on or off.

Remedy: Owners are advised to park outside and away from structures until the recall repair is complete. Dealers will relocate the power liftgate module and add a water shield. In addition, dealers will inspect for corrosion and replace the module and electrical connectors, if necessary. Repairs will be performed free of charge. Owner letters were mailed March 1, 2024. Owners may contact FCA US, LLC customer service at 1-800-853-1403. FCA US, LLC's number for this recall is 49A. This recall supersedes recalls 15V-393 and 15V-826. Vehicles repaired under the prior recalls will still need to have the new remedy performed.

Campaign 23V338000 · 11/05/2023

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Questions buyers ask

What is a fair price for a 2016 Jeep Cherokee?

A fair, mileage-adjusted price is about $10,582, within a typical market range of $9,214 to $12,999.

Is the 2016 Jeep Cherokee cheaper than MSRP?

Yes — its original MSRP was about $23,395, so a fair used price is roughly $12,813 below MSRP.

What is the out-the-door price of a 2016 Jeep Cherokee?

Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $10,972 in MT to $12,394 in NJ, depending on your state. Local taxes can add more.

Is now a good time to buy a 2016 Jeep Cherokee?

There are about 55 days of national market supply for the 2016 Jeep Cherokee Supply and demand are roughly balanced for the 2016 Jeep Cherokee.

How much can you negotiate on a 2016 Jeep Cherokee?

Negotiating leverage rates 72/100 (strong). ~55 days of national supply and listings typically ~11% above fair price — strong leverage to negotiate.

What does the dealer pay for a 2016 Jeep Cherokee?

The estimated dealer cost (invoice) is roughly $21,523$22,459 — its $23,395 MSRP minus a typical 48% margin. An estimate; actual invoice varies.

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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 8/5/2026. Estimates only; your price depends on condition, options, and location.