Is the $8,695 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $8,695 is below the typical market range for this vehicle.

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

Based on 838 comparable listings in MI, the average asking price for a 2014-2018 Jeep Cherokee is $11,635, 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 61 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Center Line, MI 48015. VIN: 1C4PJMCSXGW327612. Mileage: 103,200 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 $9,000 to $9,000, based on 5 comparable vehicles.

Vehicle Details

VIN1C4PJMCSXGW327612

TrimLatitude

Exterior ColorWhite

Drivetrain4WD

Engine3.2L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$8,695

Days on Lot289

Days on Market347

2016 Jeep Cherokee

Latitude

Great Deal

$8,695103,200 miles

Center Line, MI 48015

Market price position

Lowest comparable ($)

9,000

Highest comparable ($)

9,000

This vehicle's price ($)

8,695

$8,695 · $305 below the market benchmark

$9,000 — single data point

Regional range: $9,000 (5 listings)
vs. market low: — $305 (3% below)
Comparable vehicles: 5

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$9,000 – $9,000

Regional Range$7,495 – $14,143

Dealer Info

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Center Line, MI

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About This 2016 Jeep Cherokee

Listing updated: Apr 25, 2026

Listed by a independent dealer in Center Line, MI · On lot for 289 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Latitude is listed at $8,695 by a independent dealer in Center Line, MI 48015. It has 103,200 miles on the odometer. The exterior color is White. 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 5 similar vehicles in the Center Line market, the estimated market range is $9,000 to $9,000. The local market range in MI is $9,000 to $9,000.

This vehicle has been on the lot for 289 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 independent dealer in Center Line, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1C4PJMCSXGW327612 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

838

Average Price

$11,635

Price Range

$3,995–$24,310

Avg Days on Lot

Based on 838 comparable 2014-2018 Jeep Cherokee listings in MI, the average asking price is $11,635. This listing at $8,695 is $2,940 below average (25% below market). Comparable prices in MI range from $3,995 to $24,310. Similar vehicles spend an average of 61 days on dealer lots in this market.