Is the $23,360 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Overpriced because the asking price of $23,360 is above the typical market range for this vehicle.

What is the average price for a 2016 Jeep Cherokee in NJ?

Based on 263 comparable listings in NJ, the average asking price for a 2014-2018 Jeep Cherokee is $10,971, with prices ranging from $2,500 to $23,360.

How long does a 2016 Jeep Cherokee typically stay on dealer lots?

Comparable Jeep Cherokee listings in NJ spend an average of 90 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in South Orange Village, NJ 07079. VIN: 1C4PJLAB1GW302675. Mileage: 112,729 miles.

No Photo Available

Vehicle Details

VIN1C4PJLAB1GW302675

TrimSport

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot240

2016 Jeep Cherokee

Sport

Unscored

$23,360112,729 mi

South Orange Village, NJ 07079

Is this 2016 Jeep Cherokee Sport a good deal?

OAV verdict: Unscored

Why: Listed at $23,360, comparable market range $6,500–$8,590, based on 4 comparable listings. Days on lot: 240 days (market average 90 days).

Market price position

$23,360 · $14,770 above market high

$6,500 – $8,590 comparable

Regional range: $6,500 – $8,590
vs. market high: + $14,770 (172% above)
Comparable vehicles: 4

Market Retail Price (MRP™)

$7,545

This vehicle $23,360 · $15,815 (210%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$9,919

This vehicle $23,360 · $13,441 (136%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-24) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 9–35 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 6.9x longer than typical for similar vehicles (cohort sells in 9–35 days; this one is at 240). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$6,500 – $8,590

500downnow

South Orange Village, NJ

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from 500downnow →

Request availability and out-the-door price

OAV will route your inquiry to 500downnow for current availability of this 2016 Jeep Cherokee Sport and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2016 Jeep Cherokee

Listing updated: Jul 24, 2026

Listed by an independent dealer in South Orange Village, NJ · On lot for 240 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Sport is listed at $23,360 by 500downnow in South Orange Village, NJ 07079. It has 112,729 miles on the odometer. It features a FWD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on 4 similar vehicles in the South Orange Village market, the estimated market range is $6,500 to $8,590.

This vehicle has been on the lot for 240 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader South Orange Village, NJ suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2016 Jeep Cherokee against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in South Orange Village, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJLAB1GW302675 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is updated daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Jeep Cherokee Market in NJ

Comparable Vehicles

263

Average Price

$10,971

Price Range

$2,500–$23,360

Avg Days on Lot

Based on 263 comparable 2014-2018 Jeep Cherokee listings in NJ, the average asking price is $10,971. This listing at $23,360 is $12,389 above average (113% above market). Comparable prices in NJ range from $2,500 to $23,360. Similar vehicles spend an average of 90 days on dealer lots in this market.