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Jeep Cherokee | Depreciation Rate & Curve
Jeep Cherokee 5 Year Depreciation Rate
A 2020 Jeep Cherokee has a forecasted 5 year depreciation rate of 45%.
In 5 years its value is expected to decrease approximately $13,657 from its new price of around $30,348 down to $16,691.
| Make & Model | Jeep Cherokee |
|---|---|
| Initial MSRP | $30,348 |
| Forecasted Depreciation Rate | 45% |
| Forecasted Value Change In 5 Years | $13,657 |
| Residual Value In 5 Years | $16,691 |
Jeep Cherokee Depreciation Curve
Current Retained Value Percentage VS. Model Year
Gaps in data could indicate no model released for that year.Check Out Our Car Depreciation Calculator!
Get a custom depreciation graph of a Jeep Cherokee based on model year and mileage driven!
The American average is 12,000 miles driven per year.
Jeep Cherokee Historical Depreciation Table
Below is a historical table for the Jeep Cherokee that displays year by year depreciation data.
| Model Year | Price When New | (%) Current Depreciation | ($) Current Depreciation | Current Residual Value |
|---|---|---|---|---|
| 2020 | $30,348 | 17% | $5,038 | $25,310 |
| 2019 | $30,172 | 20% | $6,034 | $24,138 |
| 2018 | $31,145 | 44% | $13,821 | $17,324 |
| 2017 | $29,545 | 31% | $9,295 | $20,250 |
| 2016 | $27,051 | 36% | $9,795 | $17,256 |
| 2015 | $26,545 | 45% | $11,857 | $14,688 |
| 2014 | $25,845 | 49% | $12,766 | $13,079 |
| 2001 | $21,268 | 83% | $17,599 | $3,669 |
| 1999 | $20,340 | 69% | $14,059 | $6,281 |
| 1998 | $19,899 | 69% | $13,818 | $6,081 |
| 1997 | $19,245 | 68% | $13,062 | $6,183 |
| 1996 | $18,156 | 69% | $12,556 | $5,600 |
| 1995 | $17,400 | 51% | $8,800 | $8,600 |
| 1994 | $17,057 | 69% | $11,714 | $5,343 |
| 1993 | $15,572 | 49% | $7,555 | $8,017 |
| 1992 | $17,171 | 34% | $5,833 | $11,338 |
| 1991 | $17,344 | 55% | $9,546 | $7,798 |
| 1990 | $16,180 | 28% | $4,578 | $11,602 |
| 1989 | $14,853 | 22% | $3,245 | $11,608 |
Forecasted "5 Year Depreciation" Of A 2020 Jeep Cherokee Vs. Comparables
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