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2023 Jeep Cherokee

2023 Jeep Cherokee

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Overview

The Jeep Cherokee is a top-performing vehicle in its category. It ranks first among small SUVs under $40k, demonstrating its excellent value for money. It also outperforms other vehicles in its class in specific areas such as towing capacity and horsepower, ranking first out of 19. This suggests that the Jeep Cherokee offers superior power and performance capabilities compared to similar cars. Overall, the Jeep Cherokee is a highly competitive choice in the small SUV market.

2023 Jeep Cherokee Ratings

Jeep Cherokee
Overall Score: 7.8 / 10
Reliability: 7.7 / 10
Retained Value: 7.8 / 10
Safety: 8.0 / 10

Jeep Cherokee Reliability Rating

Jeep Cherokee suv
Reliability Score: 8.3 / 10
Average Lifespan (years): 10.7
Average Lifespan (miles): 147,799 miles
Typical Miles Driven per Year: 11,508 miles
Probability of Reaching 200k Miles: 10.2%
See more data on Jeep Cherokee reliability

Jeep Cherokee Depreciation and Resale Value

Jeep Cherokee
$ Depreciation: $17,917
% Depreciation: 47.5%
% Residual Value: 52.5%
$ Resale Value: $19,778
% Typical All Compact SUVs Depreciation: 43.1%
All Compact SUVs Depreciation Range: 30.7% - 49.9%
See more data on Jeep Cherokee resale value

2023 Jeep Cherokee Trims

Trim Engine Drive Train MSRP
4x4 Trailhawk 4dr SUV 4 Cylinder 4X4 41295
4x4 Altitude Lux 4dr SUV 4 Cylinder 4X4 37695

Used Car Pricing

Jeep Cherokee


Here's what the prices look like for a used Jeep Cherokee for different model years. A 3-year-old used Jeep Cherokee averages $24,609 while a 5-year-old used Jeep Cherokee is $19,421.

Model Year (Age) Avg Used Car Price
2024 Jeep Cherokee (1 year old) $31,830
2023 Jeep Cherokee (2 years old) $29,315
2022 Jeep Cherokee (3 years old) $24,609
2021 Jeep Cherokee (4 years old) $21,908
2020 Jeep Cherokee (5 years old) $19,421
2019 Jeep Cherokee (6 years old) $17,483
2018 Jeep Cherokee (7 years old) $16,036
2017 Jeep Cherokee (8 years old) $14,315
2016 Jeep Cherokee (9 years old) $13,253
2015 Jeep Cherokee (10 years old) $12,224

Jeep Cherokee SUVs for Sale