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
$16,989
Difference
15%
Market Sell Time
Fast
11
days (30th percentile)
Typical
14
days (median)
Slow
24
days (70th percentile)
30% of similar vehicles sell within 11 days, while most sell within 14 days
Market Price Range
$14,369
Low
$14,369
Median
$16,989
High
$22,136
Price Distribution Details
30th Percentile (Lower Range)
$14,714
30% of vehicles are priced below this
70th Percentile (Upper Range)
$18,995
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)