Real price data
What should you pay for a 2016 Jeep Renegade?
Original MSRP
$17,995
When new
Fair market price
$10,110
Mileage-adjusted
Below MSRP
$7,885
A fair used price
Where prices land
25th $9,490 · 75th $12,998 · MSRP $17,995
Spread of current 2016 Jeep Renegade listings · 25th–75th percentile marked.
Negotiating leverage
70
out of 100
strong leverage
~63 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
63days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Jeep Renegade.
National Market Day Supply — how long it would take to sell the current used 2016 Jeep Renegade inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$16,555–$17,275
Estimated dealer invoice — about $17,995 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| Sport | $8,351 | $17,995 | $16,555–$17,275 |
| Limited | $9,938 | $26,995 | $24,835–$25,915 |
| Latitude | $10,226 | $21,345 | $19,637–$20,491 |
| Justice Special Edition | $11,163 | $26,125 | $24,035–$25,080 |
| Trailhawk | $11,397 | $26,495 | $24,375–$25,435 |
- Sport
- $8,351
- Limited
- $9,938
- Latitude
- $10,226
- Justice Special Edition
- $11,163
- Trailhawk
- $11,397
Frequently asked questions
What is a fair price for a 2016 Jeep Renegade?
A fair, mileage-adjusted price is about $10,110, within a typical market range of $9,490 to $12,998.
Is the 2016 Jeep Renegade cheaper than MSRP?
Yes — its original MSRP was about $17,995, so a fair used price is roughly $7,885 below MSRP.
Is now a good time to buy a 2016 Jeep Renegade?
There are about 63 days of national market supply for the 2016 Jeep Renegade — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Jeep Renegade.
How much can you negotiate on a 2016 Jeep Renegade?
Negotiating leverage rates 70/100 (strong). ~63 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Jeep Renegade?
The estimated dealer cost (invoice) is roughly $16,555–$17,275 — its $17,995 MSRP minus a typical 4–8% 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 6/23/2026. Estimates only; your price depends on condition, options, and location.