Which year model of used Jeep Cherokee is the best value?
We break down pricing, mileage, & savings for recent-model Jeep Cherokees
The Jeep Cherokee is a crossover SUV now in its fifth generation. Built originally as a full-sized SUV, since 2011 the Jeep Cherokee has evolved into the compact SUV class while retaining its original off-roading capabilities. But with families in mind, should you buy a Cherokee new or used? It may surprise you, but used models can actually be a great deal – there are several used options available which have a low mileage and many of the same features as the 2020 Cherokee, all for up to 26% less than the 2020 MSRP listing price.
If you’re looking to purchase a used Cherokee, here are some things to know:
DOWNLOAD THE APP
The CoPilot app is the smartest way to buy a car. Search all listings in your area, get notified about deals, new listings, and price drops, or chat with one of our copilots for some hands-on advice.
How much can you save by buying a used Cherokee?
If you’re looking to compare the prices of a used Cherokee versus its new model, here’s a quick and easy-to-read table that should give you some guidance:
Used Cherokees: Price, mileage, & savings
Quick Look: The 2020 Cherokee Price & Features
A 2020 Cherokee will set you back about $33,328. When it comes to special features, the Cherokee has Apple CarPlay, Android Auto, an auxiliary audio input, as well as Bluetooth connectivity. It also has a hands-free liftgate, panoramic roof, and a remote engine start. The Cherokee’s back-up camera helps ensure that you can exit any parking spot with ease, and its blind spot monitor ensures your safety while driving. For the easiest way to compare the 2020 against older models, check out CoPilot Compare.
BUY A CAR THAT KEEPS ITS VALUE
Some vehicles can lose 10-15% of their value just by being driven off the lot. Here are the fastest-depreciating cars to avoid.
2017 Cherokee: Used vs. New
2017 Cherokee: Average Used Listing Price and Mileage
The 2017 has an average price of $20,307 and an average MSRP of $32,385, with an average mileage of 43,979. That means you’ll save around $12,078 – or 37% – by buying used. The 2017 Cherokee is feature-packed, though it is missing some features available on the 2020 model, including Apple CarPlay, Android Auto, a panoramic roof, and a hands-free liftgate.
Is buying a used 2017 Cherokee a good deal?
Definitely. The 2017 Cherokee is missing some convenience features available on the 2020 model, but the cost savings are great. Search all the 2017 Cherokee near you and get automatic price alerts whenever prices on this model drop.
Newer features the 2017 Cherokee lacks:
Apple CarPlay, Android Auto, a panoramic roof, and a hands-free liftgate.
2017 vs. 2018 Models: Which is the better value?
We recommend the 2017 Cherokee – the 2018 model will come with fewer miles, though there aren’t additional features in the 2018 model to justify the additional cost over the 2017 model.
2018 Cherokee Used vs. New: Price and Feature Comparison
2018 Cherokee: Average Used Listing Price and Mileage
The 2018 Cherokee has an average price of $22,990 and an average MSRP of $32,956, which means you’ll save about $9,966, or 30%. Its average mileage is about 30,952, and the 2018 Cherokee shares the same features as the 2017 model, with the addition of certified pre-owned availability.
Is buying a used 2018 Cherokee a good deal?
Newer features the 2018 Cherokee lacks:
Apple CarPlay, Android Auto, a panoramic roof, and a hands-free liftgate.
2018 vs. 2019 Models: Which is the better value?
While both are great deals, we recommend buying the 2019 in order to get the right balance of savings and efficiency.
BE THE FIRST TO KNOW ABOUT NEW CHEROKEE LISTINGS
The average car is on the lot for 1-2 weeks, but the best deals usually get snapped up under 48 hours. Download the CoPilot app to be immediately notified when a saved vehicle drops in price or when a great new Cherokee listing goes up for sale.
2019 Cherokee Used vs. New: Price and Feature Comparison
Cherokee: Average Used Listing Price and Mileage
The 2019 model has an average price of $24,208 and an average MSRP of $18,308: a savings of $8,795, or 27%. It also has an average mileage of 23,968. Like the 2018 and 2017 models, the 2019 also has many of the same features as the 2020, except for automatic parking. The 2019 also has certified pre-owned availability, so you can shop safe.
2019 vs. buying new: Which is the better value?
When you buy a 2019 model, you’re basically buying new – without the new price tag. 2020 models are fine, but we believe a 2019 is a better option in terms of value and features.
Newer features the 2019 Cherokee lacks:
The 2019 Cherokee is only missing automatic parking.
Is buying a used 2019 Cherokee a good deal?
While the 2017 is your best budget-conscious bet, you can’t go wrong with the 2019. To search all of the dealerships and listings in your area for a used Cherokee, try the CoPilot app.
PICK THE RIGHT USED YEAR MODEL OF CHEROKEE
Every vehicle has a “sweet spot” where it’s cost-to-reliability ratio is best. See how much you can save buying nearly new vs. new with CoPilot Compare. With cars 5 years old or younger, low mileage, and great CPO coverage, you can get the reliability of a new car with the price of a used one.
Which year model of Cherokee is best to buy used vs. new?
Still not sure which Cherokee is the best deal? We would recommend the 2019 model: You’ll be getting a newer edition with a reasonable amount of miles on the odometer, while still getting a 27% discount off MSRP. And if you want even more guidance, CoPilot Compare lets you compare prices, features, CPO offers, and more between new and used year models.
