Skip to main content
U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2020 Jeep Cherokee Latitude Plus

Dealer imagery unavailable to OAVRequest current photos and confirm the vehicle's condition with the dealer.

Vehicle Details

VIN1C4PJLLB5LD574018
TrimLatitude Plus
Exterior ColorBlue
DrivetrainFWD
Engine2.4L I4
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot58

Latitude Plus

Overpriced
$20,29033,712 mi

Memphis, TN 38133

Is this 2020 Jeep Cherokee Latitude Plus a good deal?

OAV verdict: Overpriced

Why: Listed at $20,290, comparable market range $12,084–$17,940, based on 14 comparable listings. Listed 58 days.

Market price position

$20,290 · $2,350 above market high

Comparable range
$12,084 – $17,940
vs. market high
+ $2,350 (13% above)
Comparable vehicles
14

Market Retail Price (MRP™)

$15,012

This vehicle $20,290 · $5,278 (35%) 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™)

$19,926

This vehicle $20,290 · $364 (2%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-21) — an estimate, not an appraisal. How TRV works.

Fast-selling model · older listing

Comparable vehicles nationally have sold faster than the market baseline, but this listing has been available longer than the cohort’s typical sell-time (about 1249 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 are rebuilt from the market snapshot shown above.

Regional Range$12,084 – $17,940

Wolfchase Hyundai

Memphis, TN

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

View all vehicles from wolfchase hyundai

Request availability and out-the-door price

OAV will route your inquiry to Wolfchase Hyundai for current availability of this 2020 Jeep Cherokee Latitude Plus and an out-the-door price quote (taxes, fees, addons included).

By submitting, you agree that OAV may share your email, ZIP, and message with Wolfchase Hyundai so the dealer can respond to your request. See our Privacy Policy and Notice at Collection.

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

About This 2020 Jeep Cherokee

Listing updated: Aug 21, 2026

Listed by a franchise dealer in Memphis, TN · On lot for 58 days · VIN verifiable at NHTSA

This used 2020 Jeep Cherokee Latitude Plus is listed at $20,290 by wolfchase hyundai in Memphis, TN 38133. It has 33,712 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Blue. It features a FWD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 14 comparable listings matched to this vehicle, the estimated market range is $12,084 to $17,940. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 58 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 Memphis, TN 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 2020 Jeep Cherokee against similar vehicles currently available in the local and regional market — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. 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 Memphis, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJLLB5LD574018 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Jeep Cherokee Market in TN

TN Market Listings

195

Average Price

$16,792

Price Range

$7,450–$30,995

Avg Days on Lot

87

Based on all 195 2018-2022 Jeep Cherokee listings in the TN market, the average asking price is $16,792. This listing at $20,290 is $3,498 above the broader TN average (21% above the TN average). This is a wider, all-trim comparison across TN; OAV's price verdict above uses the closer comparable set. Comparable prices in TN range from $7,450 to $30,995. Similar vehicles spend an average of 87 days on dealer lots in this market.

Similar Jeep Cherokee Listings in TN

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Latitude Plus — compare trims below)