Is the $7,488 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $7,488 is within the typical market range for this vehicle.

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

Based on 97 comparable listings in ME, the average asking price for a 2014-2018 Jeep Cherokee is $11,524, with prices ranging from $6,450 to $19,594.

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

Comparable Jeep Cherokee listings in ME spend an average of 37 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Biddeford, ME 04005. VIN: 1C4PJMCB7GW187633. Mileage: 132,331 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 $6,450 to $15,699, based on 19 comparable vehicles.

Vehicle Details

VIN1C4PJMCB7GW187633

TrimLatitude

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot4

Days on Market86

2016 Jeep Cherokee

Latitude

Fair Price

$7,488132,331 miles

Biddeford, ME 04005

Market price position

Lowest comparable ($)

6,450

Highest comparable ($)

15,699

This vehicle's price ($)

7,488

$7,488 · within market range

$6,450comparable$15,699

Regional range: $6,450 – $15,699
vs. market: $1,038 above low · $8,211 below high
Comparable vehicles: 19

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.

Local Range$11,990 – $12,900

Regional Range$6,450 – $15,699

Dealer Info

Hidden

Biddeford, ME

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About This 2016 Jeep Cherokee

Listing updated: Apr 29, 2026

Listed by an independent dealer in Biddeford, ME · On lot for 4 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $7,488 by an independent dealer in Biddeford, ME 04005. It has 132,331 miles on the odometer. 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 19 similar vehicles in the Biddeford market, the estimated market range is $6,450 to $15,699. The local market range in ME is $11,990 to $12,900.

This vehicle has been on the lot for 4 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 an independent dealer in Biddeford, ME, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMCB7GW187633 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 ME

Comparable Vehicles

Average Price

$11,524

Price Range

$6,450–$19,594

Avg Days on Lot

Based on 97 comparable 2014-2018 Jeep Cherokee listings in ME, the average asking price is $11,524. This listing at $7,488 is $4,036 below average (35% below market). Comparable prices in ME range from $6,450 to $19,594. Similar vehicles spend an average of 37 days on dealer lots in this market.