Vehicle Details
2016 Jeep Cherokee
Limited
Spring Lake, MI 49456
Market price position
$13,000 · $2,012 above market high
- Regional range
- $10,441 – $10,988
- vs. market high
- + $2,012 (18% above)
- Comparable vehicles
- 10
Market Breakdown
Dealer Info
Spring Lake, MI
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About This 2016 Jeep Cherokee
This used 2016 Jeep Cherokee Limited is listed at $13,000 by lakeside automotive group in Spring Lake, MI 49456. It has 108,103 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 Overpriced — priced above market value. Based on 10 comparable vehicles, the estimated market range is $10,441 to $10,988.
This vehicle has been on the lot for 28 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).
2016 Jeep Cherokee Market in MI
Comparable Vehicles
720
Average Price
$11,894
Median Price
$11,995
Avg Days on Lot
66
Based on 720 comparable 2014-2018 Jeep Cherokee listings in MI, the average asking price is $11,894 and the median is $11,995. This listing at $13,000 is $1,106 above average (9% above market). Comparable prices in MI range from $3,995 to $24,440. Similar vehicles spend an average of 66 days on dealer lots in this market.
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