Is the $15,777 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Overpriced because the asking price of $15,777 is above the typical market range for this vehicle.

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

Based on 445 comparable listings in IN, the average asking price for a 2014-2018 Jeep Cherokee is $11,014, with prices ranging from $3,899 to $20,540.

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

Comparable Jeep Cherokee listings in IN spend an average of 61 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Cedar Lake, IN 46303. VIN: 1C4PJMDBXGW235172. Mileage: 63,245 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 $10,900 to $14,995, based on 11 comparable vehicles.

No Photo Available

Vehicle Details

VIN1C4PJMDBXGW235172

TrimLimited

Exterior ColorRed

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot39

2016 Jeep Cherokee

Limited

Overpriced

$15,77763,245 mi

Cedar Lake, IN 46303

Is this 2016 Jeep Cherokee Limited a good deal?

OAV verdict: Overpriced

Why: Listed at $15,777, comparable market range $10,900–$14,995, based on 11 comparable listings. Days on lot: 39 days (market average 61 days).

Market price position

$15,777 · $782 above market high

$10,900comparable$14,995

Regional range: $10,900 – $14,995
vs. market high: + $782 (5% above)
Comparable vehicles: 11

Market Retail Price (MRP™)

$12,948

This vehicle $15,777 · $2,829 (22%) 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™)

$14,045

This vehicle $15,777 · $1,732 (12%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-24) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 9–35 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$10,900 – $14,995

James Chrysler Dodge Jeep Ram Of Cedar Lake

Cedar Lake, IN

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from james chrysler dodge jeep ram of cedar lake →

Request availability and out-the-door price

OAV will route your inquiry to James Chrysler Dodge Jeep Ram Of Cedar Lake for current availability of this 2016 Jeep Cherokee Limited 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: Jul 23, 2026

Listed by a franchise dealer in Cedar Lake, IN · On lot for 39 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Limited is listed at $15,777 by james chrysler dodge jeep ram of cedar lake in Cedar Lake, IN 46303. It has 63,245 miles on the odometer. The exterior color is Red. 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 Overpriced — priced above market value. Based on 11 similar vehicles in the Cedar Lake market, the estimated market range is $10,900 to $14,995.

This vehicle has been on the lot for 39 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 Cedar Lake, 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, 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 a franchise dealer in Cedar Lake, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMDBXGW235172 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 updated daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Jeep Cherokee Market in IN

Comparable Vehicles

445

Average Price

$11,014

Price Range

$3,899–$20,540

Avg Days on Lot

Based on 445 comparable 2014-2018 Jeep Cherokee listings in IN, the average asking price is $11,014. This listing at $15,777 is $4,763 above average (43% above market). Comparable prices in IN range from $3,899 to $20,540. Similar vehicles spend an average of 61 days on dealer lots in this market.