Is the $8,500 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $8,500 is within the typical market range for this vehicle.

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

Based on 538 comparable listings in VA, the average asking price for a 2014-2018 Jeep Cherokee is $12,087, with prices ranging from $3,900 to $21,700.

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

Comparable Jeep Cherokee listings in VA spend an average of 64 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Petersburg, VA 23803. VIN: 1C4PJMAB8GW117738. Mileage: 97,840 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 $7,995 to $13,425, based on 16 comparable vehicles.

No Photo Available

Vehicle Details

VIN1C4PJMAB8GW117738

TrimSport

Exterior ColorRed

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot551

2016 Jeep Cherokee

Sport

Fair Price

$8,50097,840 mi

Petersburg, VA 23803

Is this 2016 Jeep Cherokee Sport a good deal?

OAV verdict: Fair Price

Why: Listed at $8,500, comparable market range $7,995–$13,425, based on 16 comparable listings. Days on lot: 551 days (market average 64 days).

Market price position

$8,500 · within market range

$7,995comparable$13,425

Regional range: $7,995 – $13,425
vs. market: $505 above low · $4,925 below high
Comparable vehicles: 16

Market Retail Price (MRP™)

$10,710

This vehicle $8,500 · $2,210 (21%) below 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™)

$10,936

This vehicle $8,500 · $2,436 (22%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-14) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 11–48 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 11.5x longer than typical for similar vehicles (cohort sells in 11–48 days; this one is at 551). 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.

Local Range$7,995 – $7,995

Regional Range$7,995 – $13,425

Green Light Autos

Petersburg, VA

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

View all vehicles from green light autos →

Request availability and out-the-door price

OAV will route your inquiry to Green Light Autos 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 14, 2026

Listed by an independent dealer in Petersburg, VA · On lot for 551 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Sport is listed at $8,500 by green light autos in Petersburg, VA 23803. It has 97,840 miles on the odometer. The exterior color is Red. It features a 4WD 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 16 similar vehicles in the Petersburg market, the estimated market range is $7,995 to $13,425. The local market range in VA is $7,995 to $7,995.

This vehicle has been on the lot for 551 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 Petersburg, VA 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 Petersburg, VA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMAB8GW117738 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 VA

Comparable Vehicles

538

Average Price

$12,087

Price Range

$3,900–$21,700

Avg Days on Lot

Based on 538 comparable 2014-2018 Jeep Cherokee listings in VA, the average asking price is $12,087. This listing at $8,500 is $3,587 below average (30% below market). Comparable prices in VA range from $3,900 to $21,700. Similar vehicles spend an average of 64 days on dealer lots in this market.