2023 Jeep Grand Cherokee Limited
View this vehicle at torkelson motors →Vehicle Details
Limited
Elgin, IA 52141
Is this 2023 Jeep Grand Cherokee Limited a good deal?
OAV verdict: Great Deal
Why: Listed at $24,575, comparable market range $28,770–$30,995, based on 15 comparable listings. Listed 4 days · fresher than most comparable local listings (typical ~30–90 days).
Market price position
$24,575 · $4,195 below market low
- Comparable range
- $28,770 – $30,995
- vs. market low
- — $4,195 (15% below)
- Comparable vehicles
- 15
Market Retail Price (MRP™)
$29,883This vehicle $24,575 · $5,308 (18%) 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™)
$26,220This vehicle $24,575 · $1,645 (6%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-31) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 31–85 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.
Torkelson Motors
Elgin, IA
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OAV will route your inquiry to Torkelson Motors for current availability of this 2023 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 2023 Jeep Grand Cherokee
Listing updated: Aug 31, 2026Listed by a franchise dealer in Elgin, IA · On lot for 4 days · VIN verifiable at NHTSA
This used 2023 Jeep Grand Cherokee Limited is listed at $24,575 by torkelson motors in Elgin, IA 52141. It has 80,800 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a 4WD drivetrain with a 3.6L V6 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 15 comparable listings matched to this vehicle, the estimated market range is $28,770 to $30,995. 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 4 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 Elgin, IA 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 2023 Jeep Grand 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 Elgin, IA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C4RJHBG5PC525013 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.
2023 Jeep Grand Cherokee Market in IA
IA Market Listings
361
Average Price
$31,123
Price Range
$24,280–$39,535
Avg Days on Lot
85
Based on all 361 2021-2025 Jeep Grand Cherokee listings in the IA market, the average asking price is $31,123. This listing at $24,575 is $6,548 below the broader IA average (21% below the IA average). This is a wider, all-trim comparison across IA; OAV's price verdict above uses the closer comparable set. Comparable prices in IA range from $24,280 to $39,535. Similar vehicles spend an average of 85 days on dealer lots in this market.
Similar Jeep Grand Cherokee Listings in IA
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Limited — compare trims below)
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