Is the $20,380 price on this 2020 Jeep Grand Cherokee a good deal?

OAV rates this as Fair Price because the asking price of $20,380 is within the typical market range for this vehicle.

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

Based on 183 comparable listings in NM, the average asking price for a 2018-2022 Jeep Grand Cherokee is $22,340, with prices ranging from $12,900 to $43,916.

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

Comparable Jeep Grand Cherokee listings in NM spend an average of 50 days on dealer lots.

Where is this 2020 Jeep Grand Cherokee located?

This vehicle is listed in Hobbs, NM 88240. VIN: 1C4RJEAG4LC268422. Mileage: 108,530 miles.

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

OAV's Price-to-Market analysis estimates the fair market range is $20,380 to $20,380, based on available comparable vehicles.

No Photo Available

Vehicle Details

VIN1C4RJEAG4LC268422

TrimAltitude

Exterior ColorGray

DrivetrainRWD

Engine3.6L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot11

2020 Jeep Grand Cherokee

Altitude

Unscored

$20,380108,530 mi

Hobbs, NM 88240

Is this 2020 Jeep Grand Cherokee Altitude a good deal?

OAV verdict: Unscored

Why: Listed at $20,380, comparable market range $20,380–$20,380. Days on lot: 11 days (market average 50 days).

Market price position

$20,380 · only listing at this price

$20,380 — single data point

Regional range: $20,380 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Market Retail Price (MRP™)

$20,380

This vehicle $20,380 · priced at 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™)

$18,726

This vehicle $20,380 · $1,654 (9%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-17) — 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 12–44 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 update continuously.

Regional Range$20,000 – $20,000

Permian Chevrolet Buick Gmc Cadillac

Hobbs, NM

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

View all vehicles from permian chevrolet buick gmc cadillac →

Request availability and out-the-door price

OAV will route your inquiry to Permian Chevrolet Buick Gmc Cadillac for current availability of this 2020 Jeep Grand Cherokee Altitude 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 2020 Jeep Grand Cherokee

Listing updated: Jul 17, 2026

Listed by a franchise dealer in Hobbs, NM · On lot for 11 days · VIN verifiable at NHTSA

This used 2020 Jeep Grand Cherokee Altitude is listed at $20,380 by permian chevrolet buick gmc cadillac in Hobbs, NM 88240. It has 108,530 miles on the odometer. The exterior color is Gray. It features a RWD drivetrain with a 3.6L V6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on available similar vehicles in the Hobbs market, the estimated market range is $20,380 to $20,380.

This vehicle has been on the lot for 11 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 Hobbs, NM 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 Grand 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 Hobbs, NM, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4RJEAG4LC268422 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 updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Jeep Grand Cherokee Market in NM

Comparable Vehicles

183

Average Price

$22,340

Price Range

$12,900–$43,916

Avg Days on Lot

Based on 183 comparable 2018-2022 Jeep Grand Cherokee listings in NM, the average asking price is $22,340. This listing at $20,380 is $1,960 below average (9% below market). Comparable prices in NM range from $12,900 to $43,916. Similar vehicles spend an average of 50 days on dealer lots in this market.