2020 Jeep Cherokee Value2020 Jeep Cherokee trade-in prices range from $11,097 - $24,789. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth
Change vehicleEstimated values for the 2020 Jeep Cherokee
Values based on 12,000 miles driven per year, with no color or options selected. 2020 Jeep Cherokee trade-in prices range from $11,097 - $24,789. Get a more accurate value for your car with the Edmunds appraisal tool.
| Condition | Trade-In | Private Party | Dealer Retail |
|---|---|---|---|
| Outstanding | $19,054 | $21,975 | $24,789 |
| Clean | $18,560 | $21,399 | $24,131 |
| Average | $17,738 | $20,440 | $23,036 |
| Rough | $16,669 | $19,192 | $21,611 |
Know the value of your 2020 Jeep Cherokee over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$12,584
Based on Good Condition for five years
2020 Jeep Cherokee
Overland 4dr SUV 4WD w/Prod. End 02/20 (3.2L 6cyl 9A) with no options
2021
$20,312
-$4,485
2022
$18,056
-$2,256
2023
$15,986
-$2,070
2024
$13,866
-$2,120
2025
$12,213
-$1,653
Value breakdown
2020 Jeep Cherokee
Overland 4dr SUV 4WD w/Prod. End 02/20 (3.2L 6cyl 9A) with no options
| Year | Car Value | Depreciation |
|---|---|---|
| 2021 (2020 Jeep Cherokee) | $20,312 | -$4,485 |
| 2022 (2020 Jeep Cherokee) | $18,056 | -$2,256 |
| 2023 (2020 Jeep Cherokee) | $15,986 | -$2,070 |
| 2024 (2020 Jeep Cherokee) | $13,866 | -$2,120 |
| 2025 (2020 Jeep Cherokee) | $12,213 | -$1,653 |
Total Depreciation
Over five years
-$12,584
Helpful information about your 2020 Jeep Cherokee
Estimated Value Today
- $18,560 - $21,399
- Based on good condition.
Depreciation Insights
- Different cars depreciate at different rates.
- In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
- Nearly every vehicle depreciates over time.
- With our free appraisal tool, you can get an accurate price for your car in minutes.
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