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

2016 Jeep Renegade Latitude

2016 Jeep RenegadeView this vehicle at mcgrath honda elgin →

Vehicle Details

VINZACCJABT2GPE17261
TrimLatitude
Exterior ColorBlack
DrivetrainFWD
Engine2.4L I4
TransmissionAutomatic
Fuel TypeE85
Inventory Typeused
Days on Lot11

Latitude

Overpriced
$13,00043,244 mi

Elgin, IL 60123

Is this 2016 Jeep Renegade Latitude a good deal?

OAV verdict: Overpriced

Why: Listed at $13,000, comparable market range $5,995–$11,799, based on 27 comparable listings. Listed 11 days.

Market price position

$13,000 · $1,201 above market high

Comparable range
$5,995 – $11,799
vs. market high
+ $1,201 (10% above)
Comparable vehicles
27

Market Retail Price (MRP™)

$8,897

This vehicle $13,000 · $4,103 (46%) 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™)

$13,010

This vehicle $13,000 · $10 (0%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-10) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 1261 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$5,995 – $11,799

Mcgrath Honda Elgin

Elgin, IL

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

About This 2016 Jeep Renegade

Listing updated: Sep 10, 2026

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

This used 2016 Jeep Renegade Latitude is listed at $13,000 by mcgrath honda elgin in Elgin, IL 60123. It has 43,244 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Black. It features a FWD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 27 comparable listings matched to this vehicle, the estimated market range is $5,995 to $11,799. 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 11 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 10, 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 Elgin, IL 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 2016 Jeep Renegade 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, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN ZACCJABT2GPE17261 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.

2016 Jeep Renegade Market in IL

IL Market Listings

153

Average Price

$11,092

Price Range

$7,535–$14,765

Avg Days on Lot

172

Based on all 153 2014-2018 Jeep Renegade listings in the IL market, the average asking price is $11,092. This listing at $13,000 is $1,908 above the broader IL average (17% above the IL average). This is a wider, all-trim comparison across IL; OAV's price verdict above uses the closer comparable set. Comparable prices in IL range from $7,535 to $14,765. Similar vehicles spend an average of 172 days on dealer lots in this market.

Similar Jeep Renegade Listings in IL

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Latitude — 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.