2020 Jeep Cherokee Limited
View this vehicle at murphy motor company →Vehicle Details
Limited
Raleigh, NC 27604
Is this 2020 Jeep Cherokee Limited a good deal?
OAV verdict: Fair Price
Why: Listed at $16,496, comparable market range $13,998–$19,790, based on 34 comparable listings. Listed 70 days.
Market price position
$16,496 · within market range
- Comparable range
- $13,998 – $19,790
- vs. market
- $2,498 above low · $3,294 below high
- Comparable vehicles
- 34
Market Retail Price (MRP™)
$16,894This vehicle $16,496 · $398 (2%) below 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™)
$18,267This vehicle $16,496 · $1,771 (10%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-03) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 14–59 days.
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.
Murphy Motor Company
Raleigh, NC
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 Murphy Motor Company for current availability of this 2020 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 2020 Jeep Cherokee
Listing updated: Sep 3, 2026Listed by an independent dealer in Raleigh, NC · On lot for 70 days · VIN verifiable at NHTSA
This used 2020 Jeep Cherokee Limited is listed at $16,496 by murphy motor company in Raleigh, NC 27604. It has 72,711 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Gray. It features a 4WD drivetrain with a 2.0L I4 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 34 comparable listings matched to this vehicle, the estimated market range is $13,998 to $19,790. These comparisons match year, make, and model, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.
This vehicle has been on the lot for 70 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 3, 2026. The patented comparable band is the input; ptm-verdict-v1 is the versioned OAV rule set that turns it into this verdict.
Market context
This listing is part of OAV's broader Raleigh, NC suvs market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2020 Jeep Cherokee against similar vehicles currently available for sale — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMDN6LD564757 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.
2020 Jeep Cherokee Market in NC
NC Market Listings
354
Average Price
$16,327
Price Range
$10,683–$22,880
Avg Days on Lot
75
Based on all 354 2018-2022 Jeep Cherokee listings in the NC market, the average asking price is $16,327. This listing at $16,496 is $169 above the broader NC average (1% above the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $10,683 to $22,880. Similar vehicles spend an average of 75 days on dealer lots in this market.
Similar Jeep Cherokee Listings in NC
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Limited — compare trims below)
This is a broad, statewide same-model set (any trim, mileage, or title) — not the qualified comparable cohort behind the verdict above; lower prices here typically reflect a different trim, higher mileage, or a branded title.
2019 Jeep Cherokee
Limited
Charlotte, NC
2019 Jeep Cherokee
Limited
Greensboro, NC
2019 Jeep Cherokee
Limited
Durham, NC
2020 Jeep Cherokee
Limited
Wilmington, NC
2019 Jeep Cherokee
Limited
Winston-Salem, NC
2019 Jeep Cherokee
Latitude Plus
Princeton, NC
2018 Jeep Cherokee
Latitude Plus
Raleigh, NC
2018 Jeep Cherokee
Latitude Plus
Dunn, NC