Is the $8,995 price on this 2020 Jeep Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $8,995 is below the typical market range for this vehicle.

What is the average price for a 2020 Jeep Cherokee in MI?

Based on 1,509 comparable listings in MI, the average asking price for a 2018-2022 Jeep Cherokee is $18,722, with prices ranging from $6,995 to $29,727.

How long does a 2020 Jeep Cherokee typically stay on dealer lots?

Comparable Jeep Cherokee listings in MI spend an average of 57 days on dealer lots.

Where is this 2020 Jeep Cherokee located?

This vehicle is listed in Detroit, MI 48219. VIN: 1C4PJLCB3LD552552. Mileage: 129,102 miles.

What is the fair market price range for this 2020 Jeep Cherokee?

OAV's Price-to-Market analysis estimates the fair market range is $11,738 to $14,999, based on 5 comparable vehicles.

Vehicle Details

VIN1C4PJLCB3LD552552

TrimLatitude

Exterior ColorBlue

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$8,995

Days on Lot544

Days on Market591

2020 Jeep Cherokee

Latitude

Great Deal

$8,995129,102 miles

Detroit, MI 48219

Market price position

Lowest comparable ($)

11,738

Highest comparable ($)

14,999

This vehicle's price ($)

8,995

$8,995 · $2,743 below market low

$11,738comparable$14,999

Regional range: $11,738 – $14,999
vs. market low: — $2,743 (23% below)
Comparable vehicles: 5

Market Breakdown

Local Range$13,750 – $13,750

Regional Range$11,738 – $14,999

Dealer Info

Hidden

Detroit, MI

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About This 2020 Jeep Cherokee

Listing updated: Apr 21, 2026

Listed by a independent dealer in Detroit, MI · On lot for 544 days · VIN verifiable at NHTSA

This used 2020 Jeep Cherokee Latitude is listed at $8,995 by a independent dealer in Detroit, MI 48219. It has 129,102 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 a Great Deal — priced below market value. Based on 5 similar vehicles in the Detroit market, the estimated market range is $11,738 to $14,999. The local market range in MI is $13,750 to $13,750.

This vehicle has been on the lot for 544 days.

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

How this listing is verified

This vehicle listing was aggregated from a independent dealer in Detroit, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1C4PJLCB3LD552552 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.

2020 Jeep Cherokee Market in MI

Comparable Vehicles

1,509

Average Price

$18,722

Price Range

$6,995–$29,727

Avg Days on Lot

Based on 1,509 comparable 2018-2022 Jeep Cherokee listings in MI, the average asking price is $18,722. This listing at $8,995 is $9,727 below average (52% below market). Comparable prices in MI range from $6,995 to $29,727. Similar vehicles spend an average of 57 days on dealer lots in this market.