Used 2016 Jeep Cherokee Cost to Own
Total 5-Year Ownership Costs
Cherokee SUV
Overland 4dr SUV 4WD (3.2L 6cyl 9A)
True Cost to Own
$47,459*
Total Cash Price
$22,884
Altitude 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$45,086*
Total Cash Price
$21,740
Sport 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$40,001*
Total Cash Price
$19,288
Sport 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$40,340*
Total Cash Price
$19,452
Altitude 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$44,408*
Total Cash Price
$21,413
Latitude 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$33,899*
Total Cash Price
$16,346
High Altitude 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$47,120*
Total Cash Price
$22,721
Limited 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$41,357*
Total Cash Price
$19,942
Trailhawk 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$34,577*
Total Cash Price
$16,673
Latitude 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$37,967*
Total Cash Price
$18,308
Overland 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$45,425*
Total Cash Price
$21,904
High Altitude 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$50,510*
Total Cash Price
$24,356
75th Anniversary 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$36,272*
Total Cash Price
$17,490
75th Anniversary 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$38,306*
Total Cash Price
$18,471
Limited 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$39,662*
Total Cash Price
$19,125
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Overland 4dr SUV 4WD (3.2L 6cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,005 | $1,036 | $1,067 | $1,099 | $1,131 | $5,338 |
Maintenance | $825 | $1,296 | $255 | $2,048 | $2,195 | $6,619 |
Repairs | $1,120 | $1,298 | $1,516 | $1,770 | $2,062 | $7,766 |
Taxes & Fees | $1,257 | $57 | $57 | $57 | $57 | $1,487 |
Financing | $1,424 | $1,149 | $854 | $538 | $196 | $4,161 |
Depreciation | $5,372 | $2,141 | $1,884 | $1,670 | $1,498 | $12,565 |
Fuel | $1,793 | $1,848 | $1,903 | $1,960 | $2,019 | $9,523 |
True Cost to Own® | $12,796 | $8,826 | $7,536 | $9,142 | $9,159 | $47,459 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Altitude 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $955 | $984 | $1,013 | $1,044 | $1,075 | $5,071 |
Maintenance | $783 | $1,232 | $242 | $1,946 | $2,085 | $6,288 |
Repairs | $1,064 | $1,233 | $1,440 | $1,681 | $1,959 | $7,378 |
Taxes & Fees | $1,194 | $55 | $55 | $55 | $55 | $1,412 |
Financing | $1,353 | $1,092 | $811 | $511 | $186 | $3,953 |
Depreciation | $5,103 | $2,034 | $1,790 | $1,587 | $1,423 | $11,937 |
Fuel | $1,704 | $1,756 | $1,807 | $1,862 | $1,918 | $9,047 |
True Cost to Own® | $12,156 | $8,384 | $7,159 | $8,685 | $8,701 | $45,086 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Sport 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $847 | $873 | $899 | $926 | $953 | $4,499 |
Maintenance | $695 | $1,093 | $215 | $1,726 | $1,850 | $5,579 |
Repairs | $944 | $1,094 | $1,278 | $1,492 | $1,738 | $6,545 |
Taxes & Fees | $1,060 | $48 | $48 | $48 | $48 | $1,253 |
Financing | $1,200 | $969 | $720 | $453 | $165 | $3,507 |
Depreciation | $4,528 | $1,804 | $1,588 | $1,408 | $1,263 | $10,591 |
Fuel | $1,512 | $1,558 | $1,604 | $1,652 | $1,702 | $8,026 |
True Cost to Own® | $10,785 | $7,439 | $6,352 | $7,705 | $7,720 | $40,001 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Sport 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $854 | $881 | $907 | $934 | $962 | $4,537 |
Maintenance | $701 | $1,102 | $217 | $1,741 | $1,866 | $5,626 |
Repairs | $952 | $1,103 | $1,289 | $1,504 | $1,753 | $6,601 |
Taxes & Fees | $1,069 | $49 | $49 | $49 | $49 | $1,264 |
Financing | $1,210 | $977 | $726 | $457 | $167 | $3,537 |
Depreciation | $4,566 | $1,820 | $1,602 | $1,420 | $1,273 | $10,680 |
Fuel | $1,524 | $1,571 | $1,617 | $1,666 | $1,716 | $8,094 |
True Cost to Own® | $10,877 | $7,502 | $6,406 | $7,771 | $7,785 | $40,340 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Altitude 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $941 | $969 | $998 | $1,028 | $1,058 | $4,995 |
Maintenance | $772 | $1,213 | $238 | $1,917 | $2,054 | $6,194 |
Repairs | $1,048 | $1,214 | $1,419 | $1,656 | $1,930 | $7,267 |
Taxes & Fees | $1,176 | $54 | $54 | $54 | $54 | $1,391 |
Financing | $1,332 | $1,076 | $799 | $503 | $183 | $3,893 |
Depreciation | $5,026 | $2,003 | $1,763 | $1,563 | $1,402 | $11,757 |
Fuel | $1,678 | $1,729 | $1,780 | $1,834 | $1,889 | $8,911 |
True Cost to Own® | $11,973 | $8,258 | $7,052 | $8,554 | $8,570 | $44,408 |
Depreciation
$8,975
Taxes & Fees
$1,062
Financing
$2,972
Fuel
$6,802
Insurance
$3,813
Repairs
$5,547
Maintenance
$4,728
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Latitude 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $718 | $740 | $762 | $785 | $808 | $3,813 |
Maintenance | $589 | $926 | $182 | $1,463 | $1,568 | $4,728 |
Repairs | $800 | $927 | $1,083 | $1,264 | $1,473 | $5,547 |
Taxes & Fees | $898 | $41 | $41 | $41 | $41 | $1,062 |
Financing | $1,017 | $821 | $610 | $384 | $140 | $2,972 |
Depreciation | $3,837 | $1,529 | $1,346 | $1,193 | $1,070 | $8,975 |
Fuel | $1,281 | $1,320 | $1,359 | $1,400 | $1,442 | $6,802 |
True Cost to Own® | $9,140 | $6,304 | $5,383 | $6,530 | $6,542 | $33,899 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV High Altitude 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $998 | $1,029 | $1,059 | $1,091 | $1,123 | $5,300 |
Maintenance | $819 | $1,287 | $253 | $2,034 | $2,180 | $6,572 |
Repairs | $1,112 | $1,289 | $1,505 | $1,757 | $2,047 | $7,710 |
Taxes & Fees | $1,248 | $57 | $57 | $57 | $57 | $1,476 |
Financing | $1,414 | $1,141 | $848 | $534 | $195 | $4,131 |
Depreciation | $5,333 | $2,125 | $1,871 | $1,658 | $1,487 | $12,475 |
Fuel | $1,781 | $1,835 | $1,889 | $1,946 | $2,004 | $9,455 |
True Cost to Own® | $12,705 | $8,763 | $7,482 | $9,077 | $9,093 | $47,120 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Limited 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $876 | $903 | $930 | $958 | $986 | $4,652 |
Maintenance | $719 | $1,130 | $222 | $1,785 | $1,913 | $5,768 |
Repairs | $976 | $1,131 | $1,321 | $1,542 | $1,797 | $6,767 |
Taxes & Fees | $1,096 | $50 | $50 | $50 | $50 | $1,296 |
Financing | $1,241 | $1,002 | $744 | $468 | $171 | $3,626 |
Depreciation | $4,681 | $1,865 | $1,642 | $1,455 | $1,305 | $10,950 |
Fuel | $1,563 | $1,610 | $1,658 | $1,708 | $1,759 | $8,298 |
True Cost to Own® | $11,151 | $7,691 | $6,567 | $7,967 | $7,981 | $41,357 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Trailhawk 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $732 | $755 | $777 | $801 | $824 | $3,889 |
Maintenance | $601 | $945 | $186 | $1,492 | $1,599 | $4,823 |
Repairs | $816 | $946 | $1,105 | $1,289 | $1,502 | $5,658 |
Taxes & Fees | $916 | $42 | $42 | $42 | $42 | $1,083 |
Financing | $1,037 | $837 | $622 | $392 | $143 | $3,031 |
Depreciation | $3,914 | $1,560 | $1,373 | $1,217 | $1,091 | $9,155 |
Fuel | $1,307 | $1,346 | $1,386 | $1,428 | $1,471 | $6,938 |
True Cost to Own® | $9,323 | $6,430 | $5,491 | $6,661 | $6,673 | $34,577 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Latitude 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $804 | $829 | $853 | $879 | $905 | $4,271 |
Maintenance | $660 | $1,037 | $204 | $1,639 | $1,756 | $5,295 |
Repairs | $896 | $1,038 | $1,213 | $1,416 | $1,650 | $6,213 |
Taxes & Fees | $1,006 | $46 | $46 | $46 | $46 | $1,189 |
Financing | $1,139 | $920 | $683 | $430 | $157 | $3,329 |
Depreciation | $4,297 | $1,712 | $1,508 | $1,336 | $1,198 | $10,052 |
Fuel | $1,435 | $1,478 | $1,522 | $1,568 | $1,615 | $7,618 |
True Cost to Own® | $10,237 | $7,060 | $6,029 | $7,314 | $7,327 | $37,967 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Overland 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $962 | $992 | $1,021 | $1,052 | $1,083 | $5,109 |
Maintenance | $789 | $1,241 | $244 | $1,960 | $2,101 | $6,336 |
Repairs | $1,072 | $1,242 | $1,451 | $1,694 | $1,974 | $7,433 |
Taxes & Fees | $1,203 | $55 | $55 | $55 | $55 | $1,423 |
Financing | $1,363 | $1,100 | $817 | $515 | $188 | $3,982 |
Depreciation | $5,142 | $2,049 | $1,804 | $1,599 | $1,434 | $12,027 |
Fuel | $1,717 | $1,769 | $1,821 | $1,876 | $1,932 | $9,115 |
True Cost to Own® | $12,248 | $8,447 | $7,213 | $8,750 | $8,766 | $45,425 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV High Altitude 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $1,070 | $1,103 | $1,135 | $1,170 | $1,204 | $5,681 |
Maintenance | $878 | $1,380 | $271 | $2,180 | $2,336 | $7,045 |
Repairs | $1,192 | $1,381 | $1,614 | $1,883 | $2,195 | $8,265 |
Taxes & Fees | $1,338 | $61 | $61 | $61 | $61 | $1,582 |
Financing | $1,515 | $1,223 | $909 | $572 | $209 | $4,428 |
Depreciation | $5,717 | $2,278 | $2,006 | $1,778 | $1,594 | $13,373 |
Fuel | $1,909 | $1,967 | $2,025 | $2,086 | $2,149 | $10,135 |
True Cost to Own® | $13,619 | $9,393 | $8,021 | $9,730 | $9,748 | $50,510 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV 75th Anniversary 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $768 | $792 | $815 | $840 | $865 | $4,080 |
Maintenance | $630 | $991 | $195 | $1,565 | $1,678 | $5,059 |
Repairs | $856 | $992 | $1,159 | $1,352 | $1,576 | $5,935 |
Taxes & Fees | $961 | $44 | $44 | $44 | $44 | $1,136 |
Financing | $1,088 | $878 | $653 | $411 | $150 | $3,180 |
Depreciation | $4,106 | $1,636 | $1,440 | $1,277 | $1,145 | $9,603 |
Fuel | $1,371 | $1,412 | $1,454 | $1,498 | $1,543 | $7,278 |
True Cost to Own® | $9,780 | $6,745 | $5,760 | $6,987 | $7,000 | $36,272 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV 75th Anniversary 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $811 | $836 | $861 | $887 | $913 | $4,309 |
Maintenance | $666 | $1,046 | $206 | $1,653 | $1,772 | $5,343 |
Repairs | $904 | $1,048 | $1,224 | $1,428 | $1,664 | $6,268 |
Taxes & Fees | $1,015 | $46 | $46 | $46 | $46 | $1,200 |
Financing | $1,149 | $928 | $689 | $434 | $158 | $3,358 |
Depreciation | $4,336 | $1,728 | $1,521 | $1,348 | $1,209 | $10,142 |
Fuel | $1,448 | $1,492 | $1,536 | $1,582 | $1,629 | $7,686 |
True Cost to Own® | $10,328 | $7,124 | $6,083 | $7,379 | $7,392 | $38,306 |
Ownership Costs: 5-Year Breakdown
2016 Cherokee SUV Limited 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $840 | $866 | $892 | $918 | $945 | $4,461 |
Maintenance | $689 | $1,083 | $213 | $1,712 | $1,835 | $5,532 |
Repairs | $936 | $1,085 | $1,267 | $1,479 | $1,723 | $6,490 |
Taxes & Fees | $1,051 | $48 | $48 | $48 | $48 | $1,243 |
Financing | $1,190 | $961 | $714 | $449 | $164 | $3,477 |
Depreciation | $4,489 | $1,789 | $1,575 | $1,396 | $1,252 | $10,501 |
Fuel | $1,499 | $1,544 | $1,590 | $1,638 | $1,687 | $7,958 |
True Cost to Own® | $10,694 | $7,376 | $6,298 | $7,640 | $7,654 | $39,662 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2016 CherokeeTrue Cost To Own®
Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2016 Jeep Cherokee in Virginia is:
not available