Is the $12,046 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $12,046 is within the typical market range for this vehicle.

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

Based on 304 comparable listings in IA, the average asking price for a 2014-2018 Jeep Cherokee is $12,549, with prices ranging from $4,999 to $19,824.

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

Comparable Jeep Cherokee listings in IA spend an average of 42 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Waukee, IA 50263. VIN: 1C4PJLCB1GW342803. Mileage: 116,845 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 $7,699 to $12,990, based on 4 comparable vehicles.

Vehicle Details

VIN1C4PJLCB1GW342803

TrimLatitude

Exterior ColorBlue

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot21

2016 Jeep Cherokee

Latitude

Unscored

$12,046116,845 mi

Waukee, IA 50263

Is this 2016 Jeep Cherokee Latitude a good deal?

OAV verdict: Unscored

Why: Listed at $12,046, comparable market range $7,699–$12,990, based on 4 comparable listings. Days on lot: 21 days (market average 42 days).

Market price position

Lowest comparable ($)

7,699

Highest comparable ($)

12,990

This vehicle's price ($)

12,046

$12,046 · within market range

$7,699comparable$12,990

Regional range: $7,699 – $12,990
vs. market: $4,347 above low · $944 below high
Comparable vehicles: 4

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–45 days.

What does Demand-Verified mean?

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$7,699 – $12,990

Dealer Info

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Waukee, IA

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About This 2016 Jeep Cherokee

Listing updated: May 20, 2026

Listed by a franchise dealer in Waukee, IA · On lot for 21 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $12,046 by a franchise dealer in Waukee, IA 50263. It has 116,845 miles on the odometer. The exterior color is Blue. 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 Waukee market, the estimated market range is $7,699 to $12,990.

This vehicle has been on the lot for 21 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 Waukee, IA 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 a franchise dealer in Waukee, IA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJLCB1GW342803 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 IA

Comparable Vehicles

304

Average Price

$12,549

Price Range

$4,999–$19,824

Avg Days on Lot

Based on 304 comparable 2014-2018 Jeep Cherokee listings in IA, the average asking price is $12,549. This listing at $12,046 is $503 below average (4% below market). Comparable prices in IA range from $4,999 to $19,824. Similar vehicles spend an average of 42 days on dealer lots in this market.