Real price data
What should you pay for a 2020 Jeep Renegade?
Original MSRP
$22,375
When new
Fair market price
$15,323
Mileage-adjusted
Below MSRP
$7,052
A fair used price
Where prices land
25th $13,900 · 75th $17,769 · MSRP $22,375
Spread of current 2020 Jeep Renegade listings · 25th–75th percentile marked.
Negotiating leverage
64
out of 100
strong leverage
~58 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
58days of supply
Balanced marketSupply and demand are roughly balanced for the 2020 Jeep Renegade.
National Market Day Supply — how long it would take to sell the current used 2020 Jeep Renegade inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$20,585–$21,480
Estimated dealer invoice — about $22,375 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 | $13,936 | $23,875 | $21,965–$22,920 |
| Jeepster | $15,041 | $22,375 | $20,585–$21,480 |
| Altitude | $15,064 | $25,120 | $23,110–$24,115 |
| Latitude | $15,439 | — | — |
| Limited | $15,920 | $28,500 | $26,220–$27,360 |
| Trailhawk | $17,571 | — | — |
| upland | — | $25,070 | $23,064–$24,067 |
| high-altitude-s | — | $30,495 | $28,055–$29,275 |
- Sport
- $13,936
- Jeepster
- $15,041
- Altitude
- $15,064
- Latitude
- $15,439
- Limited
- $15,920
- Trailhawk
- $17,571
Safety & recalls
3 open NHTSA recalls on record for the 2020 Jeep Renegade.
SERVICE BRAKES, HYDRAULIC:FOUNDATION COMPONENTS:DISC:CALIPER
Chrysler (FCA US LLC) is recalling certain 2020 Jeep Renegade and Fiat 500X vehicles. The right rear brake caliper could have been fractured during the casting process.
Remedy: Chrysler will notify owners, and dealers will inspect and replace the right rear brake calipers, as necessary, free of charge. The recall began February 7, 2020. Owners may contact Chrysler customer service at 1-800-853-1403. Chrysler's number for this recall is VE8.
Campaign 19V909000 · 19/12/2019
BACK OVER PREVENTION: SENSING SYSTEM: CAMERA
Chrysler (FCA US LLC) is recalling certain 2020 Jeep Gladiator and Jeep Cherokee, 2019-2020 Ram 1500 Pickup, Ram 2500 Pickup, Ram 3500 Pickup, Chrysler Pacifica, Dodge Durango, Jeep Grand Cherokee, Jeep Wrangler, and Jeep Renegade and 2019 Dodge Challenger vehicles equipped with 8.4" or 12" radio displays. A software error can cause the rearview camera image to remain displayed after the vehicle has been shifted out of reverse. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 111, "Rearview Mirrors."
Remedy: Chrysler has notified owners, and dealers will update the radio display software, free of charge. Optionally, owners can choose to remotely update their software via an Over-The-Air (OTA) update available as of May 1, 2020. The recall began April 27, 2020. Owners may contact Chrysler customer service at 1-800-853-1403. Chrysler's number for this recall is W30-W37.
Campaign 20V191000 · 10/09/2020
AIR BAGS:FRONTAL
Chrysler (FCA US, LLC) is recalling certain 2017-2024 Alfa Romeo Giulia, 2018-2025 Alfa Romeo Stelvio, 2019-2023 Fiat 500X, Jeep Renegade, and 2024 Fiat 500E vehicles. A seat belt buckle switch sensor may be improperly connected, preventing the front seat air bag from deploying as intended.
Remedy: Dealers will repair the connection, free of charge. Owner notification letters were mailed beginning August 27, 2024. Owners may contact FCA US, LLC customer service at 1-800-853-1403. FCA US, LLC's number for this recall is 82B.
Campaign 24V510000 · 03/07/2024
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2020 Jeep Renegade?
A fair, mileage-adjusted price is about $15,323, within a typical market range of $13,900 to $17,769.
Is the 2020 Jeep Renegade cheaper than MSRP?
Yes — its original MSRP was about $22,375, so a fair used price is roughly $7,052 below MSRP.
Is now a good time to buy a 2020 Jeep Renegade?
There are about 58 days of national market supply for the 2020 Jeep Renegade — Supply and demand are roughly balanced for the 2020 Jeep Renegade.
How much can you negotiate on a 2020 Jeep Renegade?
Negotiating leverage rates 64/100 (strong). ~58 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2020 Jeep Renegade?
The estimated dealer cost (invoice) is roughly $20,585–$21,480 — its $22,375 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 6/24/2026. Estimates only; your price depends on condition, options, and location.