Price Analysis
Comprehensive pricing analysis for Used 2016 Jeep Cherokee Latitude in Memphis, TN, 38125.
Great Deal
This vehicle is priced significantly below market average. This is an excellent opportunity.
This Vehicle
$14,369
Market Median
$16,984
Difference
15%
Market Sell Time
Fast
8
days (30th percentile)
Typical
13
days (median)
Slow
20
days (70th percentile)
30% of similar vehicles sell within 8 days, while most sell within 13 days
Market Price Range
$14,369
Low
$14,369
Median
$16,984
High
$21,990
Price Distribution Details
30th Percentile (Lower Range)
$14,714
30% of vehicles are priced below this
70th Percentile (Upper Range)
$18,935
70% of vehicles are priced below this
This vehicle is in the 10th percentile for price. It's among the lowest-priced similar vehicles. It's lower-priced than most similar vehicles.
Analysis based on 10000 similar 2016 Jeep Cherokee vehicles
Price vs. Mileage Comparison
Compare this vehicle (red) against similar listings (blue)