2023 Jeep Cherokee Value2023 Jeep Cherokee trade-in prices range from $20,307 - $29,268. 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 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 $20,307 - $29,268. Get a more accurate value for your car with the Edmunds appraisal tool.
| Condition | Trade-In | Private Party | Dealer Retail |
|---|---|---|---|
| Outstanding | $21,616 | $23,824 | $26,319 |
| Clean | $21,346 | $23,501 | $25,934 |
| Average | $20,894 | $22,961 | $25,292 |
| Rough | $20,307 | $22,260 | $24,458 |
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-$12,435
Based on Good Condition for five years
2023 Jeep Cherokee
Altitude Lux 4dr SUV 4WD (2.4L 4cyl 9A) with no options
2024
$22,421
-$3,515
2025
$20,469
-$1,952
2026
$17,882
-$2,587
2027
$15,595
-$2,287
2028
$13,501
-$2,094
Value breakdown
2023 Jeep Cherokee
Altitude Lux 4dr SUV 4WD (2.4L 4cyl 9A) with no options
| Year | Car Value | Depreciation |
|---|---|---|
| 2024 (2023 Jeep Cherokee) | $22,421 | -$3,515 |
| 2025 (2023 Jeep Cherokee) | $20,469 | -$1,952 |
| 2026 (2023 Jeep Cherokee) | $17,882 | -$2,587 |
| 2027 (2023 Jeep Cherokee) | $15,595 | -$2,287 |
| 2028 (2023 Jeep Cherokee) | $13,501 | -$2,094 |
Total Depreciation
Over five years
-$12,435
Helpful information about your 2023 Jeep Cherokee
Estimated Value Today
- $21,346 - $23,501
- 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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