Is the $8,995 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $8,995 is below the typical market range for this vehicle.

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

Based on 298 comparable listings in OR, the average asking price for a 2014-2018 Jeep Cherokee is $11,801, with prices ranging from $4,998 to $20,472.

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

Comparable Jeep Cherokee listings in OR spend an average of 35 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Portland, OR 97216. VIN: 1C4PJMCS8GW156648. Mileage: 126,430 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 $10,887 to $10,887, based on 4 comparable vehicles.

Vehicle Details

VIN1C4PJMCS8GW156648

TrimAltitude

Exterior ColorSilver

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot27

Days on Market38

2016 Jeep Cherokee

Altitude

Unscored

$8,995126,430 miles

Portland, OR 97216

Market price position

Lowest comparable ($)

10,887

Highest comparable ($)

10,887

This vehicle's price ($)

8,995

$8,995 · $1,892 below the market benchmark

$10,887 — single data point

Regional range: $10,887 (4 listings)
vs. market low: — $1,892 (17% below)
Comparable vehicles: 4

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–62 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.

Regional Range$10,887 – $10,887

Dealer Info

Hidden

Portland, OR

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About This 2016 Jeep Cherokee

Listing updated: May 5, 2026

Listed by an independent dealer in Portland, OR · On lot for 27 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Altitude is listed at $8,995 by an independent dealer in Portland, OR 97216. It has 126,430 miles on the odometer. The exterior color is Silver. 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 a Great Deal — priced below market value. Based on 4 similar vehicles in the Portland market, the estimated market range is $10,887 to $10,887.

This vehicle has been on the lot for 27 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 Portland, OR, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMCS8GW156648 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 OR

Comparable Vehicles

298

Average Price

$11,801

Price Range

$4,998–$20,472

Avg Days on Lot

Based on 298 comparable 2014-2018 Jeep Cherokee listings in OR, the average asking price is $11,801. This listing at $8,995 is $2,806 below average (24% below market). Comparable prices in OR range from $4,998 to $20,472. Similar vehicles spend an average of 35 days on dealer lots in this market.