2021 Jeep Cherokee Latitude Lux
View this vehicle at penske automotive group →Vehicle Details
Latitude Lux
Austin, TX 78759
Is this 2021 Jeep Cherokee Latitude Lux a good deal?
OAV verdict: Overpriced
Why: Listed at $19,695, comparable market range $18,222–$19,236, based on 13 comparable listings. Listed 18 days.
Market price position
$19,695 · $459 above market high
- Comparable range
- $18,222 – $19,236
- vs. market high
- + $459 (2% above)
- Comparable vehicles
- 13
Market Retail Price (MRP™)
$18,729This vehicle $19,695 · $966 (5%) above 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™)
$18,662This vehicle $19,695 · $1,033 (6%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-04) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 14–58 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.
Penske Automotive Group
Austin, TX
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OAV will route your inquiry to Penske Automotive Group for current availability of this 2021 Jeep Cherokee Latitude Lux 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 2021 Jeep Cherokee
Listing updated: Sep 4, 2026Listed by a franchise dealer in Austin, TX · On lot for 18 days · VIN verifiable at NHTSA
This used 2021 Jeep Cherokee Latitude Lux is listed at $19,695 by penske automotive group in Austin, TX 78759. It has 74,358 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a 4WD drivetrain with a 3.2L V6 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 13 comparable listings matched to this vehicle, the estimated market range is $18,222 to $19,236. 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 18 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 4, 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 Austin, TX 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 2021 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 a franchise dealer in Austin, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4PJMMX4MD121753 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.
2021 Jeep Cherokee Market in TX
TX Market Listings
514
Average Price
$16,415
Price Range
$9,990–$22,130
Avg Days on Lot
93
Based on all 514 2019-2023 Jeep Cherokee listings in the TX market, the average asking price is $16,415. This listing at $19,695 is $3,280 above the broader TX average (20% above the TX average). This is a wider, all-trim comparison across TX; OAV's price verdict above uses the closer comparable set. Comparable prices in TX range from $9,990 to $22,130. Similar vehicles spend an average of 93 days on dealer lots in this market.
Similar Jeep Cherokee Listings in TX
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Latitude Lux — 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.
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