Is the $9,995 price on this 2020 Jeep Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $9,995 is below the typical market range for this vehicle.

What is the average price for a 2020 Jeep Cherokee in MI?

Based on 1,790 comparable listings in MI, the average asking price for a 2018-2022 Jeep Cherokee is $18,175, with prices ranging from $6,495 to $30,350.

How long does a 2020 Jeep Cherokee typically stay on dealer lots?

Comparable Jeep Cherokee listings in MI spend an average of 51 days on dealer lots.

Where is this 2020 Jeep Cherokee located?

This vehicle is listed in Detroit, MI 48234. VIN: 1C4PJMLB1LD545315. Mileage: 134,934 miles.

What is the fair market price range for this 2020 Jeep Cherokee?

OAV's Price-to-Market analysis estimates the fair market range is $11,499 to $16,700, based on 3 comparable vehicles.

Vehicle Details

VIN1C4PJMLB1LD545315

TrimLatitude Plus

Exterior ColorBlack

Drivetrain4WD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot105

2020 Jeep Cherokee

Latitude Plus

Unscored

$9,995134,934 mi

Detroit, MI 48234

Is this 2020 Jeep Cherokee Latitude Plus a good deal?

OAV verdict: Unscored

Why: Listed at $9,995, comparable market range $11,499–$16,700, based on 3 comparable listings. Days on lot: 105 days (market average 51 days).

Market price position

Lowest comparable ($)

11,499

Highest comparable ($)

16,700

This vehicle's price ($)

9,995

$9,995 · $1,504 below market low

$11,499comparable$16,700

Regional range: $11,499 – $16,700
vs. market low: — $1,504 (13% below)
Comparable vehicles: 3

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 15–74 days.

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$11,499 – $16,700

Regional Range$11,499 – $19,989

Dealer Info

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Detroit, MI

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About This 2020 Jeep Cherokee

Listing updated: May 20, 2026

Listed by an independent dealer in Detroit, MI · On lot for 105 days · VIN verifiable at NHTSA

This used 2020 Jeep Cherokee Latitude Plus is listed at $9,995 by an independent dealer in Detroit, MI 48234. It has 134,934 miles on the odometer. The exterior color is Black. 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 Unscored due to insufficient comparable data. Based on 3 similar vehicles in the Detroit market, the estimated market range is $11,499 to $16,700. The local market range in MI is $11,499 to $16,700.

This vehicle has been on the lot for 105 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 Detroit, 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 2020 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 an independent dealer in Detroit, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMLB1LD545315 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.

2020 Jeep Cherokee Market in MI

Comparable Vehicles

1,790

Average Price

$18,175

Price Range

$6,495–$30,350

Avg Days on Lot

Based on 1,790 comparable 2018-2022 Jeep Cherokee listings in MI, the average asking price is $18,175. This listing at $9,995 is $8,180 below average (45% below market). Comparable prices in MI range from $6,495 to $30,350. Similar vehicles spend an average of 51 days on dealer lots in this market.