Is the $9,250 price on this 2016 Jeep Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $9,250 is within the typical market range for this vehicle.

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

Based on 423 comparable listings in MI, the average asking price for a 2014-2018 Jeep Cherokee is $11,352, with prices ranging from $2,590 to $23,303.

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

Comparable Jeep Cherokee listings in MI spend an average of 98 days on dealer lots.

Where is this 2016 Jeep Cherokee located?

This vehicle is listed in Pinckney, MI 48169. VIN: 1C4PJMDS5GW223902. Mileage: 123,826 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 $4,950 to $15,900, based on 34 comparable vehicles.

No Photo Available

Vehicle Details

VIN1C4PJMDS5GW223902

TrimLimited

Exterior ColorSilver

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot17

2016 Jeep Cherokee

Limited

Fair Price

$9,250123,826 mi

Pinckney, MI 48169

Is this 2016 Jeep Cherokee Limited a good deal?

OAV verdict: Fair Price

Why: Listed at $9,250, comparable market range $4,950–$15,900, based on 34 comparable listings. Days on lot: 17 days (market average 98 days).

Market price position

$9,250 · within market range

$4,950comparable$15,900

Regional range: $4,950 – $15,900
vs. market: $4,300 above low · $6,650 below high
Comparable vehicles: 34

Market Retail Price (MRP™)

$10,425

This vehicle $9,250 · $1,175 (11%) 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™)

$10,740

This vehicle $9,250 · $1,490 (14%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-27) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–42 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 are rebuilt from the market snapshot shown above.

Regional Range$4,950 – $15,900

Pinckney Chrysler Dodge Jeep Ram

Pinckney, MI

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

View all vehicles from pinckney chrysler dodge jeep ram →

Request availability and out-the-door price

OAV will route your inquiry to Pinckney Chrysler Dodge Jeep Ram 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 27, 2026

Listed by a franchise dealer in Pinckney, MI · On lot for 17 days · VIN verifiable at NHTSA

This used 2016 Jeep Cherokee Limited is listed at $9,250 by pinckney chrysler dodge jeep ram in Pinckney, MI 48169. It has 123,826 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 Fair Price — priced at market value. Based on 34 similar vehicles in the Pinckney market, the estimated market range is $4,950 to $15,900.

This vehicle has been on the lot for 17 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 Pinckney, MI 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 Pinckney, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMDS5GW223902 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 within the same geographic market.

2016 Jeep Cherokee Market in MI

Comparable Vehicles

423

Average Price

$11,352

Price Range

$2,590–$23,303

Avg Days on Lot

Based on 423 comparable 2014-2018 Jeep Cherokee listings in MI, the average asking price is $11,352. This listing at $9,250 is $2,102 below average (19% below market). Comparable prices in MI range from $2,590 to $23,303. Similar vehicles spend an average of 98 days on dealer lots in this market.