Is the $18,395 price on this 2020 Jeep Grand Cherokee a good deal?

OAV rates this as a Great Deal because the asking price of $18,395 is below the typical market range for this vehicle.

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

Based on 281 comparable listings in TN, the average asking price for a 2018-2022 Jeep Grand Cherokee is $22,529, with prices ranging from $9,500 to $91,170.

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

Comparable Jeep Grand Cherokee listings in TN spend an average of 66 days on dealer lots.

Where is this 2020 Jeep Grand Cherokee located?

This vehicle is listed in Memphis, TN 38128. VIN: 1C4RJEBG2LC348249. Mileage: 101,561 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 $19,450 to $22,990, based on 18 comparable vehicles.

2020 Jeep Grand Cherokee Limited for Sale in Memphis, TN

No Photo Available

Vehicle Details

VIN1C4RJEBG2LC348249

TrimLimited

Exterior ColorSilver

DrivetrainRWD

Engine3.6L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot2

Limited

Great Deal

$18,395101,561 mi

Memphis, TN 38128

Is this 2020 Jeep Grand Cherokee Limited a good deal?

OAV verdict: Great Deal

Why: Listed at $18,395, comparable market range $19,450–$22,990, based on 18 comparable listings. Days on lot: 2 days (market average 66 days).

Market price position

$18,395 · $1,055 below market low

Regional range: $19,450 – $22,990
vs. market low: — $1,055 (5% below)
Comparable vehicles: 18

Market Retail Price (MRP™)

$21,220

This vehicle $18,395 · $2,825 (13%) 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™)

$18,457

This vehicle $18,395 · $62 (0%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-28) — 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 12–48 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 are rebuilt from the market snapshot shown above.

Regional Range$19,450 – $22,990

Drivetime Memphis-Covington Pike

Memphis, TN

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

View all vehicles from drivetime memphis-covington pike →

Request availability and out-the-door price

OAV will route your inquiry to Drivetime Memphis-Covington Pike for current availability of this 2020 Jeep Grand Cherokee Limited 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 27, 2026

Listed by an independent dealer in Memphis, TN · On lot for 2 days · VIN verifiable at NHTSA

This used 2020 Jeep Grand Cherokee Limited is listed at $18,395 by drivetime memphis-covington pike in Memphis, TN 38128. It has 101,561 miles on the odometer. The exterior color is Silver. 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 a Great Deal — priced below market value. Based on 18 similar vehicles in the Memphis market, the estimated market range is $19,450 to $22,990.

This vehicle has been on the lot for 2 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 Memphis, TN 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 an independent dealer in Memphis, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4RJEBG2LC348249 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 Grand Cherokee Market in TN

Comparable Vehicles

281

Average Price

$22,529

Price Range

$9,500–$91,170

Avg Days on Lot

Based on 281 comparable 2018-2022 Jeep Grand Cherokee listings in TN, the average asking price is $22,529. This listing at $18,395 is $4,134 below average (18% below market). Comparable prices in TN range from $9,500 to $91,170. Similar vehicles spend an average of 66 days on dealer lots in this market.