Is the $10,299 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $10,299 is within the typical market range for this vehicle.

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

Based on 843 comparable listings in MI, the average asking price for a 2014-2018 Jeep Cherokee is $11,636, with prices ranging from $3,995 to $24,310.

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

Comparable Jeep Cherokee listings in MI spend an average of 62 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Dearborn, MI 48126. VIN: 1C4PJMCB7GW366951. Mileage: 128,533 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 $7,495 to $12,966, based on 27 comparable vehicles.

Vehicle Details

VIN1C4PJMCB7GW366951

TrimLatitude

Exterior ColorBlack

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$10,299

Days on Lot24

Days on Market323

2016 Jeep Cherokee

Latitude

Fair Price

$10,299128,533 miles

Dearborn, MI 48126

Market price position

Lowest comparable ($)

7,495

Highest comparable ($)

12,966

This vehicle's price ($)

10,299

$10,299 · within market range

$7,495comparable$12,966

Regional range: $7,495 – $12,966
vs. market: $2,804 above low · $2,667 below high
Comparable vehicles: 27

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

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

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$10,995 – $10,995

Regional Range$7,495 – $12,966

Dealer Info

Hidden

Dearborn, MI

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About This 2016 Jeep Cherokee

Listing updated: Apr 26, 2026

Listed by a franchise dealer in Dearborn, MI · On lot for 24 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $10,299 by a franchise dealer in Dearborn, MI 48126. It has 128,533 miles on the odometer. The exterior color is Black. 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 27 similar vehicles in the Dearborn market, the estimated market range is $7,495 to $12,966. The local market range in MI is $10,995 to $10,995.

This vehicle has been on the lot for 24 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 a franchise dealer in Dearborn, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1C4PJMCB7GW366951 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 MI

Comparable Vehicles

843

Average Price

$11,636

Price Range

$3,995–$24,310

Avg Days on Lot

Based on 843 comparable 2014-2018 Jeep Cherokee listings in MI, the average asking price is $11,636. This listing at $10,299 is $1,337 below average (11% below market). Comparable prices in MI range from $3,995 to $24,310. Similar vehicles spend an average of 62 days on dealer lots in this market.