Best Used Value: 2016 Jeep Grand Cherokee

Best Used Value
2016
Jeep Grand Cherokee

Jeep Grand Cherokee Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2018 $57,257 $57,257 $236 $0 0.00% 100.00% 100% 12 0
2017 $47,940 $31,726 $307 $25,531 44.59% 66.82% 91.67% 11 24.85
2016 $47,153 $26,647 $472 $5,079 16.01% 57.51% 83.33% 10 25.82
2015 $46,765 $24,663 $637 $1,984 7.45% 54.10% 75% 9 20.9
2014 $46,037 $22,401 $755 $2,262 9.17% 50.30% 66.67% 8 16.37
2013 $43,112 $20,323 $896 $2,078 9.28% 49.22% 58.33% 7 9.11
2012 $40,205 $18,574 $1,038 $1,749 8.61% 46.20% 50% 6 3.8
2011 $35,249 $15,795 $1,179 $2,779 14.96% 44.81% 41.67% 5 -3.14
2010 $35,992 $11,809 $1,320 $3,986 25.24% 32.81% 33.33% 4 0.52
2009 $36,117 $10,691 $1,462 $1,118 9.47% 29.60% 25% 3 -4.6
2008 $34,777 $9,609 $1,509 $1,082 10.12% 27.63% 16.67% 2 -10.96
2007 $34,067 $8,776 $1,792 $833 8.67% 25.76% 8.33% 1 -17.43
2006 $33,519 $7,746 $1,886 $1,030 11.74% 23.11% 0% 0 -23.11
Year Price % Paid % Left NUV ®
2018 $57,257 100.00% 100% 0
2017 $31,726 66.82% 91.67% 24.85
2016 $26,647 57.51% 83.33% 25.82
2015 $24,663 54.10% 75% 20.9
2014 $22,401 50.30% 66.67% 16.37
2013 $20,323 49.22% 58.33% 9.11
2012 $18,574 46.20% 50% 3.8
2011 $15,795 44.81% 41.67% -3.14
2010 $11,809 32.81% 33.33% 0.52
2009 $10,691 29.60% 25% -4.6
2008 $9,609 27.63% 16.67% -10.96
2007 $8,776 25.76% 8.33% -17.43
2006 $7,746 23.11% 0% -23.11

Used Jeep Grand Cherokees For Sale

2017 Jeep Grand Cherokee Limited LOADED Panoramic Sunroof Black on ...
$25,000
2015 Jeep Grand Cherokee Overland Diesel 4x4 Mint Condition
$31,900
Grand Cherokee 4WD 4dr High Altitude 2015 Jeep 47257 Miles Deep Che...
$31,506
2017 Grand Cherokee Trailhawk Jeep 21,921 Miles Bright White Clearc...
$36,000
2015 Grand Cherokee 4WD 4dr Overland Jeep 96371 Miles Bright White ...
$22,850
2015 Grand Cherokee Laredo Jeep Cherokee, Brilliant Black Crystal P...
$23,995
2015 Grand Cherokee Laredo Jeep Cherokee, Billet Silver Metallic Cl...
$23,495
Grand Cherokee Limited 4x4 2015 Jeep 25775 Miles Billet Silver SUV ...
$29,900
Grand Cherokee Limited 4x4 2015 Jeep 68372 Miles Granite Crystal SU...
$24,500

About The Numbers

The depreciation figures above are based on aggregate pricing & sales data from a number of online and offline resources.

Here is a quick breakdown of each column:
  • Year - The vehicle model year.
  • New Price - The average price paid of that model year spanning all trim levels.
  • Current Price - The average price of a used model of that year.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model year(s) with the most value.
Have more questions? Check out our Q&A section here.

2016 Jeep Grand Cherokee

On average, you should expect to pay only 58% of the original cost with 83% of the vehicle's lifetime remaining for a 2016 model. That gives it a Net Used Value® score of 25.82 which factors in expected annual maintenance, price decline & reliable years left.

These sought after 2016 Jeep Grand Cherokee models may be hard to find. Also consider a 2017 or 2015 as those were the next best values.

Own a 2016 Jeep Grand Cherokee?

While we would advise holding onto this vehicle for a few years, that's not always in the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.

Thinking about selling or trading up? Click the button below to get a free, no-obligation offer in minutes!


Vehicle Lookup