Is the $4,390 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $4,390 is below the typical market range for this vehicle.

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

Based on 268 comparable listings in NJ, the average asking price for a 2014-2018 Jeep Cherokee is $10,656, with prices ranging from $2,500 to $20,690.

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

Comparable Jeep Cherokee listings in NJ spend an average of 80 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Newark, NJ 07104. VIN: 1C4PJMCS8GW140658. Mileage: 159,318 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 $6,995 to $12,995, based on 10 comparable vehicles.

Vehicle Details

VIN1C4PJMCS8GW140658

TrimLatitude

Exterior ColorGray

Drivetrain4WD

Engine3.2L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot52

Days on Market291

2016 Jeep Cherokee

Latitude

Great Deal

$4,390159,318 miles

Newark, NJ 07104

Market price position

Lowest comparable ($)

6,995

Highest comparable ($)

12,995

This vehicle's price ($)

4,390

$4,390 · $2,605 below market low

$6,995comparable$12,995

Regional range: $6,995 – $12,995
vs. market low: — $2,605 (37% below)
Comparable vehicles: 10

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?

Verify before inquiring

This listing is priced about 37% below the lowest comparable vehicle in the regional market. Discounts at this scale frequently indicate accident damage, branded title (salvage or rebuilt), or undisclosed mechanical issues. Strongly recommend pulling a vehicle history report and inspecting listing photos carefully before inquiring.

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$8,493 – $8,493

Regional Range$6,995 – $12,995

Dealer Info

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Newark, NJ

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About This 2016 Jeep Cherokee

Listing updated: Apr 28, 2026

Listed by an independent dealer in Newark, NJ · On lot for 52 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $4,390 by an independent dealer in Newark, NJ 07104. It has 159,318 miles on the odometer. The exterior color is Gray. 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 a Great Deal — priced below market value. Based on 10 similar vehicles in the Newark market, the estimated market range is $6,995 to $12,995. The local market range in NJ is $8,493 to $8,493.

This vehicle has been on the lot for 52 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 Newark, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMCS8GW140658 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 NJ

Comparable Vehicles

268

Average Price

$10,656

Price Range

$2,500–$20,690

Avg Days on Lot

Based on 268 comparable 2014-2018 Jeep Cherokee listings in NJ, the average asking price is $10,656. This listing at $4,390 is $6,266 below average (59% below market). Comparable prices in NJ range from $2,500 to $20,690. Similar vehicles spend an average of 80 days on dealer lots in this market.