Price Analysis

Comprehensive pricing analysis for Used 2023 Jeep Cherokee Summit Reserve in Merced, CA, 95340.

High Price

This vehicle is priced significantly above market average.

This Vehicle

$86,960

Market Median

$38,000

Difference

129%

Market Sell Time

Fast

27

days (30th percentile)

Typical

66

days (median)

Slow

99

days (70th percentile)

30% of similar vehicles sell within 27 days, while most sell within 66 days

Market Price Range

$86,960

Low

$34,982

Median

$38,000

High

$58,651

Price Distribution Details

30th Percentile (Lower Range)

$36,500

30% of vehicles are priced below this

70th Percentile (Upper Range)

$42,995

70% of vehicles are priced below this

This vehicle is in the 90th percentile for price. It's among the highest-priced similar vehicles.

Analysis based on 10000 similar 2023 Jeep Cherokee vehicles

Price vs. Mileage Comparison

Compare this vehicle (red) against similar listings (blue)