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2023 Jeep Cherokee Value
2023 Jeep Cherokee
2023 Jeep Cherokee trade-in prices vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool.
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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 vary significantly by zip code, mileage, and condition. Get a more accurate value for your car with the Edmunds appraisal tool.
Estimated values are currently unavailable.
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-$13,138
Based on Good Condition for five years
2023 Jeep Cherokee
Altitude Lux 4dr SUV 4WD (2.4L 4cyl 9A) with no options
Total Depreciation
2024
$21,821
-$4,210
2025
$19,822
-$1,999
2026
$17,253
-$2,569
2027
$15,070
-$2,183
2028
$12,893
-$2,177
Value breakdown
2023 Jeep Cherokee
Altitude Lux 4dr SUV 4WD (2.4L 4cyl 9A) with no options
YearCar ValueDepreciation
2024 (2023 Jeep Cherokee)$21,821-$4,210
2025 (2023 Jeep Cherokee)$19,822-$1,999
2026 (2023 Jeep Cherokee)$17,253-$2,569
2027 (2023 Jeep Cherokee)$15,070-$2,183
2028 (2023 Jeep Cherokee)$12,893-$2,177
Total Depreciation
Over five years
-$13,138
Helpful information about your 2023 Jeep Cherokee
Estimated Value Today
  • $24,290 - $25,188
  • 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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