2016 Jeep Cherokee Latitude
Vehicle Details
Latitude
Hobart, IN 46342
Is this 2016 Jeep Cherokee Latitude a good deal?
OAV verdict: Fair Price
Why: Listed at $11,845, comparable market range $4,350–$13,998, based on 17 comparable listings. Days on lot: 146 days (market average 92 days).
Market price position
$11,845 · within market range
- Comparable range
- $4,350 – $13,998
- vs. market
- $7,495 above low · $2,153 below high
- Comparable vehicles
- 17
Market Retail Price (MRP™)
$9,174This vehicle $11,845 · $2,671 (29%) 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™)
$11,408This vehicle $11,845 · $437 (4%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-02) — an estimate, not an appraisal. How TRV works.
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 8–41 days).
What does Demand-Verified mean?
- This listing has been available about 3.6x longer than comparable vehicles typically take to sell (cohort sells in 8–41 days; this one is at 146). Confirm its history, condition, availability, and out-the-door price before proceeding.
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.
Hobart Auto Sales
Hobart, IN
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Hobart Auto Sales for current availability of this 2016 Jeep Cherokee Latitude 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: Aug 2, 2026Listed by an independent dealer in Hobart, IN · On lot for 146 days · VIN verifiable at NHTSA
This used 2016 Jeep Cherokee Latitude is listed at $11,845 by hobart auto sales in Hobart, IN 46342. It has 99,087 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a 4WD drivetrain with a 3.2L V6 engine and Automatic transmission.
OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 17 comparable listings matched to this vehicle, the estimated market range is $4,350 to $13,998. The local market range in IN is $11,495 to $13,144. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).
This vehicle has been on the lot for 146 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 Hobart, IN 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 (currently across available trims and configurations; trim-level matching is rolling out), 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 Hobart, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMCS2GW215340 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.
2016 Jeep Cherokee Market in IN
IN Market Listings
181
Average Price
$10,972
Price Range
$3,000–$19,990
Avg Days on Lot
92
Based on all 181 2014-2018 Jeep Cherokee listings in the IN market, the average asking price is $10,972. This listing at $11,845 is $873 above the broader IN average (8% above the IN average). This is a wider, all-trim comparison across IN; OAV's price verdict above uses the closer comparable set. Comparable prices in IN range from $3,000 to $19,990. Similar vehicles spend an average of 92 days on dealer lots in this market.
Similar Jeep Cherokee Listings in IN
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Latitude — compare trims below)
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