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Discover the worth of the Jeep Cherokee, the 2020 compact crossover that balances rugged capability with everyday practicality. Whether you’re curious about the Jeep Cherokee price for a brand‑new model, the Jeep Cherokee 2020 price for the latest generation, or the used Jeep Cherokee price after a few years on the road, this guide gives you an in‑depth look at all the details you need to make an informed decision. Below we’ll walk through the key specifications, depreciation trends, comparison with similar vehicles, and explain why the Cherokee remains a popular choice in its segment.

Key Specifications

• Engine & Power: 1.3L I-4 turbo (145 hp / 180 lb‑ft)
• Transmission: 6‑speed automatic (2020) or 5‑speed manual (older trims)
• Drive Configuration: Front‑wheel drive or 4×4 (4motion)
• Fuel Type: Regular unleaded gasoline
• Transmission G: 6‑speed best suited for highway cruising, 5‑speed manual ideal for enthusiasts
• Dimensions:
  • Wheelbase: 108.6 in
  • Length: 174.7 in
  • Width: 72.9 in
  • Height: 68.9 in
• Curb Weight: 3,400–3,600 lbs (varies by trim)
• Passenger Capacity: 5 seats
• Towing Capacity (4×4): up to 2,000 lbs
• Fuel Economy: 20–23 mpg (city), 26–29 mpg (highway)

Depreciation Insight

Understanding the Jeep Cherokee depreciation curve can help you plan your buying or selling strategy. The depreciation of a Jeep Cherokee follows an industry trend that’s fairly typical for compact crossovers:

• First year: 15–20% of the MSRP – this is the period where new models drop most of their value to stay competitive in the used‑car market.
• Second year: 30–35% cumulative depreciation – the vehicle’s value stabilizes but still reflects the age and mileage impact.
• Third year onward: 45–50% cumulative depreciation – value drops more slowly as the Sasuni car matures and market saturation increases.

A 2020 Cherokee that began at a $30,000 MSRP will likely be worth roughly $24,000–$25,000 after three years, assuming average mileage (e.g., 15,000–20,000 miles) and standard maintenance.

What Is a 2020 Jeep Cherokee Worth?

Investors often ask: “What is a 2020 Jeep Cherokee worth?” Several factors shape the answer – trim level, regional demand, vehicle condition, mileage, and optional features. While we refrain from providing arbitrary figures, you can use the following guidelines:

• Base S trim: Lower end of the depreciation spectrum – expect slightly less than higher trim levels.
• Latitude to Limited: Mid‑range models hold a balanced value, often representing the sweet spot for buyers.
• High‑performance Trailhawk: Higher depreciation due to higher initial procurement. However, specialized features like off‑road suspension can keep demand steady in niche markets.

Comparison Context

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