Price Analysis

Comprehensive pricing analysis for Used 2020 Jeep Cherokee Lux in Lansing, MI, 48917.

Great Deal

This vehicle is priced significantly below market average. This is an excellent opportunity.

This Vehicle

$13,995

Market Median

$16,999

Difference

18%

Market Sell Time

Fast

35

days (30th percentile)

Typical

49

days (median)

Slow

73

days (70th percentile)

30% of similar vehicles sell within 35 days, while most sell within 49 days

Market Price Range

$13,995

Low

$14,572

Median

$16,999

High

$22,516

Price Distribution Details

30th Percentile (Lower Range)

$16,291

30% of vehicles are priced below this

70th Percentile (Upper Range)

$18,899

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 2020 Jeep Cherokee vehicles

Price vs. Mileage Comparison

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