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Jeep - Cherokee (2008)
Discover the timeless appeal of the Jeep Cherokee and explore how its value has evolved over the years. Whether you’re a first‑time buyer or a seasoned enthusiast, knowing the Jeep Cherokee price landscape helps you gauge whether a new or lightly used vehicle meets your budget. The 2008 model remains especially popular, often reflecting a blend of rugged capability and affordability. For many shoppers, the central question boils down to: what is a 2008 Jeep Cherokee worth in the current market? By unpacking specifications, depreciation trends, and peer comparisons, you can make an informed decision that aligns with your needs and expectations.
- Engine: 3.6‑liter V6, 190 hp, 200 lb‑ft torque
- Transmission: 5‑speed manual or 6‑speed automatic from the 2008 model year
- Fuel Type: Regular gasoline
- Drive: 4WD with selectable modes (Low, High, On‑the‑Ground, Tunnel)
- Dimensions: Length 182 in, Width 73 in, Height 67 in, Wheelbase 106 in
- Curb Weight: 3,500–3,750 lb (depending on options)
- Seating: 5 passengers, standard bucket seats, optional navigation
- Safety: Dual-stage airbags, ABS, stability control, optional traction control
- Towing Capacity: 3,500 lb with proper hitch and configuration
- Transmission Shift: Automatic mode allows seamless engagement, keyless entry available
Understanding how the Jeep Cherokee depreciation curve behaves can set realistic expectations. Like many midsize SUVs, a 2008 Cherokee typically loses about 15‑25% of its value in the first year after purchase. Over five years, cumulative depreciation may reach near 60%, which is standard for vehicles grounded in off‑road heritage. Used Jeep Cherokee price listings today reflect this trend: owners who maintain annual service records often see a smaller drop compared to those whose maintenance history is patchy. Consequently, potential buyers often find that a well‑cared‑for used model can command a price closer to the original MSRP adjusted for mileage and condition.
Comparative analysis reveals how the 2008 Jeep Cherokee stacks against its peers. Whether evaluating the 2008 Jeep Cherokee price against the Ford Escape, Honda CR‑V, or Subaru Forester, the Cherokee offers a distinctive blend of towing power and off‑road versatility. In EPA fuel economy terms, the 2008 model averages 15 mpg city/19 mpg highway—a figure outpacing the comparable Subaru but trailing the more efficient CR‑V. When comparing depreciation, the Cherokee generally holds its value slightly better than the Escape but similar to the Forester, implying that resale prospects are stable, especially for those desiring adventure‑ready capabilities. These factors reinforce the importance of examining both original cost and long‑term value retention when determining the overall value of a used vehicle.
In popular market segments, the Jeep Cherokee remains a favorite among midsize SUVs that demand versatility. It occupies the popular in rural and suburban communities with off‑road aspirations, traditional station wagons’ footprint but with more advanced tractive technology. Frequent buyers cite that the 2008 Cherokee offers a robust platform for weekend explorers while still maintaining comfortable daily commuting dynamics. Its brand reputation, coupled with a long-distance warranty in some regions, adds to the vehicle’s market position and increases perceived reliability.
If you’ve ever asked yourself, “what is a 2008 Jeep Cherokee worth?” the answer involves a mix of subjective and objective factors. Market value reflects not only the original purchase cost but also the condition, mileage, and service history. Cars that have
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 3 years ago | used | £5,900.00 | Unlock all links | |
| 4 years ago | used | £7,999.00 | Unlock all links |