Is the $9,995 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $9,995 is within the typical market range for this vehicle.

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

Based on 677 comparable listings in TX, the average asking price for a 2014-2018 Jeep Cherokee is $11,650, with prices ranging from $3,900 to $23,995.

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

Comparable Jeep Cherokee listings in TX spend an average of 91 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Sherman, TX 75090. VIN: 1C4PJLCB1GW297796. Mileage: 195,661 miles.

What is the fair market price range for this 2016 Jeep Cherokee?

OAV's Price-to-Market analysis estimates the fair market range is $6,750 to $14,795, based on 3 comparable vehicles.

Vehicle Details

VIN1C4PJLCB1GW297796

TrimLatitude

Exterior ColorGray

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$9,995

Days on Lot10

Days on Market102

2016 Jeep Cherokee

Latitude

Fair Price

$9,995195,661 miles

Sherman, TX 75090

Market price position

Lowest comparable ($)

6,750

Highest comparable ($)

14,795

This vehicle's price ($)

9,995

$9,995 · within market range

$6,750comparable$14,795

Regional range: $6,750 – $14,795
vs. market: $3,245 above low · $4,800 below high
Comparable vehicles: 3

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$6,750 – $14,795

Dealer Info

Hidden

Sherman, TX

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About This 2016 Jeep Cherokee

Listing updated: Apr 22, 2026

Listed by a independent dealer in Sherman, TX · On lot for 10 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $9,995 by a independent dealer in Sherman, TX 75090. It has 195,661 miles on the odometer. The exterior color is Gray. 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 Fair Price — priced at market value. Based on 3 similar vehicles in the Sherman market, the estimated market range is $6,750 to $14,795.

This vehicle has been on the lot for 10 days.

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

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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a independent dealer in Sherman, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1C4PJLCB1GW297796 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Jeep Cherokee Market in TX

Comparable Vehicles

677

Average Price

$11,650

Price Range

$3,900–$23,995

Avg Days on Lot

Based on 677 comparable 2014-2018 Jeep Cherokee listings in TX, the average asking price is $11,650. This listing at $9,995 is $1,655 below average (14% below market). Comparable prices in TX range from $3,900 to $23,995. Similar vehicles spend an average of 91 days on dealer lots in this market.