Used 2018 Jeep Cherokee Cost to Own
Total 5-Year Ownership Costs
Cherokee SUV
Latitude 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$40,531*
Total Cash Price
$16,085
Limited 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$43,463*
Total Cash Price
$19,179
Latitude Plus 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$42,624*
Total Cash Price
$17,801
Latitude 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$42,844*
Total Cash Price
$17,120
Latitude Plus 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$39,633*
Total Cash Price
$16,855
Trailhawk 4dr SUV 4WD (2.4L 4cyl 9A)
True Cost to Own
$45,514*
Total Cash Price
$19,783
Limited 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$40,616*
Total Cash Price
$17,715
Overland 4dr SUV 4WD (3.2L 6cyl 9A)
True Cost to Own
$47,970*
Total Cash Price
$23,045
Overland 4dr SUV (2.4L 4cyl 9A)
True Cost to Own
$46,209*
Total Cash Price
$23,554
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Latitude 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,106 | $1,139 | $1,173 | $1,209 | $1,245 | $5,872 |
Maintenance | $863 | $161 | $1,548 | $447 | $1,335 | $4,354 |
Repairs | $710 | $824 | $955 | $1,108 | $1,283 | $4,880 |
Taxes & Fees | $1,022 | $72 | $65 | $59 | $59 | $1,277 |
Financing | $1,068 | $865 | $644 | $406 | $148 | $3,131 |
Depreciation | $3,806 | $1,472 | $1,434 | $1,682 | $1,697 | $10,091 |
Fuel | $2,058 | $2,120 | $2,183 | $2,249 | $2,316 | $10,926 |
True Cost to Own® | $10,633 | $6,653 | $8,002 | $7,160 | $8,083 | $40,531 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Limited 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,140 | $1,174 | $1,209 | $1,246 | $1,283 | $6,052 |
Maintenance | $863 | $161 | $1,546 | $447 | $1,335 | $4,352 |
Repairs | $748 | $868 | $1,006 | $1,167 | $1,352 | $5,141 |
Taxes & Fees | $1,217 | $86 | $77 | $70 | $70 | $1,520 |
Financing | $1,274 | $1,031 | $768 | $484 | $177 | $3,734 |
Depreciation | $4,523 | $1,920 | $1,412 | $1,476 | $1,460 | $10,791 |
Fuel | $2,236 | $2,303 | $2,373 | $2,444 | $2,517 | $11,873 |
True Cost to Own® | $12,001 | $7,543 | $8,391 | $7,334 | $8,194 | $43,463 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Latitude Plus 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,133 | $1,167 | $1,202 | $1,238 | $1,275 | $6,015 |
Maintenance | $863 | $161 | $1,381 | $447 | $1,335 | $4,187 |
Repairs | $748 | $868 | $1,006 | $1,167 | $1,352 | $5,141 |
Taxes & Fees | $1,129 | $80 | $72 | $65 | $65 | $1,411 |
Financing | $1,182 | $957 | $713 | $450 | $163 | $3,465 |
Depreciation | $4,168 | $1,689 | $1,378 | $1,617 | $1,680 | $10,532 |
Fuel | $2,236 | $2,303 | $2,373 | $2,444 | $2,517 | $11,873 |
True Cost to Own® | $11,459 | $7,225 | $8,125 | $7,428 | $8,387 | $42,624 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Latitude 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,133 | $1,167 | $1,202 | $1,238 | $1,275 | $6,015 |
Maintenance | $863 | $161 | $1,381 | $447 | $1,335 | $4,187 |
Repairs | $748 | $868 | $1,006 | $1,167 | $1,352 | $5,141 |
Taxes & Fees | $1,087 | $77 | $69 | $63 | $63 | $1,359 |
Financing | $1,137 | $920 | $686 | $432 | $158 | $3,333 |
Depreciation | $3,914 | $1,322 | $1,599 | $2,169 | $1,932 | $10,936 |
Fuel | $2,236 | $2,303 | $2,373 | $2,444 | $2,517 | $11,873 |
True Cost to Own® | $11,118 | $6,818 | $8,316 | $7,960 | $8,632 | $42,844 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Latitude Plus 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,106 | $1,139 | $1,173 | $1,209 | $1,245 | $5,872 |
Maintenance | $863 | $161 | $1,548 | $447 | $1,335 | $4,354 |
Repairs | $710 | $824 | $955 | $1,108 | $1,283 | $4,880 |
Taxes & Fees | $1,070 | $76 | $68 | $62 | $62 | $1,338 |
Financing | $1,119 | $906 | $676 | $425 | $155 | $3,281 |
Depreciation | $3,558 | $1,439 | $1,175 | $1,378 | $1,432 | $8,982 |
Fuel | $2,058 | $2,120 | $2,183 | $2,249 | $2,316 | $10,926 |
True Cost to Own® | $10,484 | $6,665 | $7,778 | $6,878 | $7,828 | $39,633 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Trailhawk 4dr SUV 4WD (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,140 | $1,174 | $1,209 | $1,246 | $1,283 | $6,052 |
Maintenance | $863 | $161 | $1,546 | $447 | $1,335 | $4,352 |
Repairs | $748 | $868 | $1,006 | $1,167 | $1,352 | $5,141 |
Taxes & Fees | $1,255 | $89 | $80 | $72 | $72 | $1,568 |
Financing | $1,314 | $1,063 | $793 | $499 | $182 | $3,851 |
Depreciation | $4,660 | $1,789 | $1,509 | $1,970 | $2,203 | $12,131 |
Fuel | $2,339 | $2,409 | $2,482 | $2,556 | $2,633 | $12,419 |
True Cost to Own® | $12,319 | $7,553 | $8,625 | $7,957 | $9,060 | $45,514 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Limited 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,201 | $1,237 | $1,274 | $1,312 | $1,352 | $6,376 |
Maintenance | $863 | $161 | $1,671 | $447 | $1,335 | $4,477 |
Repairs | $710 | $824 | $955 | $1,108 | $1,283 | $4,880 |
Taxes & Fees | $1,124 | $80 | $71 | $65 | $65 | $1,405 |
Financing | $1,176 | $953 | $710 | $447 | $163 | $3,449 |
Depreciation | $4,445 | $1,478 | $823 | $1,031 | $1,326 | $9,103 |
Fuel | $2,058 | $2,120 | $2,183 | $2,249 | $2,316 | $10,926 |
True Cost to Own® | $11,577 | $6,853 | $7,687 | $6,659 | $7,840 | $40,616 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Overland 4dr SUV 4WD (3.2L 6cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,140 | $1,174 | $1,209 | $1,246 | $1,283 | $6,052 |
Maintenance | $918 | $165 | $1,624 | $440 | $1,335 | $4,482 |
Repairs | $748 | $868 | $1,006 | $1,167 | $1,352 | $5,141 |
Taxes & Fees | $1,459 | $104 | $93 | $84 | $84 | $1,824 |
Financing | $1,530 | $1,239 | $924 | $581 | $212 | $4,486 |
Depreciation | $5,638 | $2,249 | $1,836 | $2,152 | $2,237 | $14,112 |
Fuel | $2,236 | $2,303 | $2,373 | $2,444 | $2,517 | $11,873 |
True Cost to Own® | $13,669 | $8,102 | $9,065 | $8,114 | $9,020 | $47,970 |
Ownership Costs: 5-Year Breakdown
2018 Cherokee SUV Overland 4dr SUV (2.4L 4cyl 9A)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Insurance | $1,201 | $1,237 | $1,274 | $1,312 | $1,352 | $6,376 |
Maintenance | $863 | $161 | $1,671 | $447 | $1,335 | $4,477 |
Repairs | $710 | $824 | $955 | $1,108 | $1,283 | $4,880 |
Taxes & Fees | $1,492 | $106 | $95 | $86 | $86 | $1,865 |
Financing | $1,564 | $1,266 | $944 | $595 | $216 | $4,585 |
Depreciation | $4,417 | $2,304 | $1,881 | $2,206 | $2,292 | $13,100 |
Fuel | $2,058 | $2,120 | $2,183 | $2,249 | $2,316 | $10,926 |
True Cost to Own® | $12,305 | $8,018 | $9,003 | $8,003 | $8,880 | $46,209 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2018 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 2018 Jeep Cherokee in Michigan is:
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