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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2020 Jeep Cherokee Latitude Plus

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Vehicle Details

VIN1C4PJMLB4LD604034
TrimLatitude Plus
Exterior ColorBlack
Drivetrain4WD
Engine2.4L I4
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot13

Latitude Plus

Great Deal
$11,997143,086 mi

Raleigh, NC 27603

Is this 2020 Jeep Cherokee Latitude Plus a good deal?

OAV verdict: Great Deal

Why: Listed at $11,997, comparable market range $16,927–$19,972, based on 17 comparable listings. Days on lot: 13 days (market average 73 days).

Market price position

$11,997 · $4,930 below market low

Comparable range
$16,927 – $19,972
vs. market low
— $4,930 (29% below)
Comparable vehicles
17

Market Retail Price (MRP™)

$18,450

This vehicle $11,997 · $6,453 (35%) 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™)

$13,296

This vehicle $11,997 · $1,299 (10%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-31) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 1561 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.

Regional Range$16,927 – $19,972

Dogwood Motors

Raleigh, NC

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

About This 2020 Jeep Cherokee

Listing updated: Jul 31, 2026

Listed by an independent dealer in Raleigh, NC · On lot for 13 days · VIN verifiable at NHTSA

This used 2020 Jeep Cherokee Latitude Plus is listed at $11,997 by dogwood motors in Raleigh, NC 27603. It has 143,086 miles on the odometer (dealer-reported, not independently verified by OAV). 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 a Great Deal — priced below market value. Based on 17 comparable listings matched to this vehicle, the estimated market range is $16,927 to $19,972. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 13 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 Raleigh, NC 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 (currently across available trims and configurations; trim-level matching is rolling out), 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 Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMLB4LD604034 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.

2020 Jeep Cherokee Market in NC

NC Market Listings

347

Average Price

$16,515

Price Range

$5,997–$35,488

Avg Days on Lot

73

Based on all 347 2018-2022 Jeep Cherokee listings in the NC market, the average asking price is $16,515. This listing at $11,997 is $4,518 below the broader NC average (27% below 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 $5,997 to $35,488. Similar vehicles spend an average of 73 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: Latitude Plus — compare trims below)