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Jeep - Grand Cherokee (2016)
Explore the Jeep Grand Cherokee: a symbol of rugged elegance that has long commanded attention in the mid‑size SUV arena. Whether you’re eyeing a fresh new‑out‑of‑the‑lot model or the next best deal on a pre‑owned 2016 Jeep Grand Cherokee, the question is always the same: what is a 2016 Jeep Grand Cherokee worth? We’ve compiled the essential information you need to understand the Jeep Grand Cherokee price landscape and make an informed decision.
Key Specs of a 2016 Jeep Grand Cherokee
- Engine: 5.7L V8® Pentastar delivering 360 hp and 390 lb‑ft of torque.
- Transmission: 9‑speed automatic matched with torque‑based shifting.
- Fuel Type: Regular Premium Gasoline (87/91 octane).
- Drive: All‑Wheel Drive (AWD) with 4‑Link Independent Rear Suspension.
- Seating: Standard 4‑row layout (up to 5 passengers) with optional 7‑seat configuration.
- Dimensions:
- Wheelbase: 112.1 inches
- Overall Length: 194.2 inches
- Width: 78.4 inches
- Height: 68.4 inches
- Fuel Economy: Estimated 15 MPGe (city) / 20 MPGe (highway) for the V6 variant; V8 is slightly lower.
- Safety: Standard Side‑Curtain, Tire‑Pressure Monitoring, S‑test Crash Rating 4‑Star from NHTSA.
- Infotainment: 6.8‑inch Touchscreen, Uconnect® system, Bluetooth, 8‑speaker Audio, Apple CarPlay/Android Auto (USB only).
- Warranty: 3‑Year / 36,000‑mi New Vehicle Limited Warranty; 5‑Year / 60,000‑mi Powertrain Warranty.
Understanding Jeep Grand Cherokee Depreciation
When you consider the Jeep Grand Cherokee depreciation curve, it’s useful to break it down year‑by‑year:
- **First year:** The vehicle typically loses 15–20% of its original value, reflective of the typical SUV market shift toward newer models.
- **Year 2–3:** Depreciation slows, averaging about 10–12% per year, as the Grand Cherokee retains strong brand equity.
- **Years 4–5:** The rate picks up again, reaching approximately 8–10% per year, with resale values stabilizing around the 50% mark.
- **Beyond five years:** Residual depreciation tapers off; owners often see a value decline of less than 4–5% each year.
These percentages are conservative estimates based on current market data, and actual values may vary depending on mileage
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | US$13,995.00 | Unlock all links | |
| 2 years ago | used | US$11,995.00 | Unlock all links | |
| 2 years ago | used | US$9,995.00 | Unlock all links | |
| 2 years ago | used | US$12,450.00 | Unlock all links | |
| 2 years ago | used | US$18,695.00 | Unlock all links | |
| 2 years ago | used | US$17,660.00 | Unlock all links | |
| 2 years ago | used | US$15,101.00 | Unlock all links | |
| 2 years ago | used | US$16,995.00 | Unlock all links | |
| 2 years ago | used | US$17,995.00 | Unlock all links | |
| 2 years ago | used | US$12,450.00 | Unlock all links | |
| 2 years ago | used | US$13,995.00 | Unlock all links | |
| 2 years ago | used | US$14,288.00 | Unlock all links | |
| 2 years ago | used | US$17,660.00 | Unlock all links | |
| 2 years ago | used | US$17,487.00 | Unlock all links | |
| 2 years ago | used | US$12,450.00 | Unlock all links | |
| 2 years ago | used | US$13,995.00 | Unlock all links | |
| 2 years ago | used | US$13,995.00 | Unlock all links | |
| 2 years ago | used | US$14,995.00 | Unlock all links | |
| 2 years ago | used | US$12,450.00 | Unlock all links | |
| 2 years ago | used | US$17,660.00 | Unlock all links |
Note that old links may not work