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2023 Jeep Cherokee Value2023 Jeep Cherokee trade-in prices range from $20,606 - $27,904. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth

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Estimated values for the 2023 Jeep Cherokee
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Jeep Cherokee trade-in prices range from $20,606 - $27,904. Get a more accurate value for your car with the Edmunds appraisal tool.
Trailhawk 4dr SUV 4WD (2.0L 4cyl Turbo 9A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$25,481$26,621$27,904
Clean$25,162$26,260$27,496
Average$24,630$25,657$26,816
Rough$23,938$24,874$25,931
Know the value of your 2023 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-$9,864
Based on Good Condition for five years
2023 Jeep Cherokee
Trailhawk 4dr SUV 4WD (2.0L 4cyl Turbo 9A) with no options
Total Depreciation
2024
$26,729
-$2,000
2025
$24,615
-$2,114
2026
$22,714
-$1,901
2027
$20,422
-$2,292
2028
$18,865
-$1,557
Value breakdown
2023 Jeep Cherokee
Trailhawk 4dr SUV 4WD (2.0L 4cyl Turbo 9A) with no options
YearCar ValueDepreciation
2024 (2023 Jeep Cherokee)$26,729-$2,000
2025 (2023 Jeep Cherokee)$24,615-$2,114
2026 (2023 Jeep Cherokee)$22,714-$1,901
2027 (2023 Jeep Cherokee)$20,422-$2,292
2028 (2023 Jeep Cherokee)$18,865-$1,557
Total Depreciation
Over five years
-$9,864
Helpful information about your 2023 Jeep Cherokee
Estimated Value Today
  • $25,162 - $26,260
  • 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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