Used Jeep Cherokee for Sale near Monteith, ON

How much does the Jeep Cherokee cost in today's market?

Used Jeep Cherokee prices span a wide range depending on model year. Here's what the market looks like right now:

The Jeep Cherokee's current nationwide average price is $22,295 CAD, and its lowest point over the past year was $19,654 CAD. Recently, prices have come down for the 2021, 2022, and 2023 models, making now a good time to shop recent model years.

Is the Jeep Cherokee a good car?

Yes — the Jeep Cherokee has broad appeal if you want a compact SUV with character, comfort, and useful capability. The all-generations owner rating is 4.5/5 across every model year in the data.

Owners repeatedly praise its comfortable ride, spacious cabin, and strong value, and many also like the available Jeep hardware and user-friendly features. Expert reviews also point to the Cherokee’s distinctive styling and everyday usability as recurring strengths.

Expert reviews rate the 2026 model among the highest across all years.

The main trade-offs in recent expert coverage centre on complicated vehicle settings, limited cargo space compared with some rivals, and steering that takes extra attention to feel natural.

27.9% of listings are priced as good or great deals.

Are Jeep Cherokee models reliable?

Owners consistently describe the Cherokee as comfortable, practical, and capable, with strong value and a cabin that suits daily use. Expert coverage also highlights its useful packaging and the kind of character that keeps the nameplate appealing across generations.

• Owners rate the Jeep Cherokee between 3.9 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is worth a careful inspection, especially on older examples where maintenance history and a thorough test drive matter most.

What should I look for when buying a used Jeep Cherokee?

Key things to evaluate:

• Fuel efficiency: Natural Resources Canada estimates fuel economy of 6.3 litres per 100 kilometres combined (6.1 city, 6.7 highway).
• Infotainment: The 2026 Cherokee comes standard with a 12.3-inch touchscreen and a 10.2-inch digital instrument cluster, still running the same Uconnect 5 infotainment system as the outgoing Cherokee from the 2023 model year.
• Safety package: Jeep offers similar standard driver assistance features to other mainstream brands, including forward collision warning, automatic emergency braking, lane keep assist, and adaptive cruise control with stop-and-go functionality.

Which Jeep Cherokee trim should I buy?

The 2026 Jeep Cherokee offers these trims:

• Base model: The entry trim starts the lineup with standard all-wheel drive, the hybrid powertrain, and the core safety and infotainment equipment, making it the value-focused starting point.
• Laredo: This trim adds more equipment while keeping the Cherokee’s core hybrid-AWD setup, and it is the best-value choice for many shoppers.
• Limited: This trim adds a more upscale feel, including leatherette seating and wireless device charging.
• Overland: This top trim adds 20-inch wheels, traffic sign recognition, and the most premium cabin presentation in the range.

What Jeep Cherokee do most buyers choose?

The Jeep Cherokee years with the most listings are 2020, 2019, and 2018.

These higher-volume years tend to be popular because they give you a wider selection of trims, prices, and equipment levels. They also sit in the sweet spot where newer features and broader availability often overlap.

What is the Jeep Cherokee's resale value?

The table shows broad double-digit price declines across the Cherokee lineup, which can work in your favour if you are shopping used. Newer and older model years alike are moving down, so there are opportunities across the range rather than just in one age band.

The 2018, 2019, and 2014 model years have held their value best, with the smallest year-over-year price changes.

Is the Jeep Cherokee safe?

• 2026: 7/10

Jeep offers standard driver assistance features including forward collision warning, automatic emergency braking, lane keep assist, adaptive cruise control with stop-and-go functionality, and Active Driving Assist. For the safest used buy, the 2026 model posts the highest confirmed score of 7/10.

Should I buy a used Jeep Cherokee now or wait for the next model?

Buy now if:

• Price trend: The 2023 model is at −15.95% versus a year ago, and the 2022 model is at −17.26%.
• Deal availability: The 2022 model has 32.9% good and great deals.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $20,986 CAD. The Jeep Cherokee offers a comfortable ride and a distinctive sense of character that many shoppers value in a used SUV.

Consider waiting if:

• Powertrain/efficiency: The new Cherokee’s specs don’t seem very Jeep-like at first. The only powertrain available at launch consists of a 1.6-litre turbocharged four-cylinder engine connected to a two-motor hybrid system with a planetary gearset taking the place of a conventional transmission, similar to what Subaru and Toyota use. It’s good for 210 horsepower and 230 pound-feet of torque.
• Tech: The 2026 Cherokee comes standard with a 12.3-inch touchscreen and a 10.2-inch digital instrument cluster, still running the same Uconnect 5 infotainment system as the outgoing Cherokee from the 2023 model year.
• Safety: Jeep offers similar standard driver assistance features to other mainstream brands, including forward collision warning, automatic emergency braking, lane keep assist, and adaptive cruise control with stop-and-go functionality.
• Starting price: Pricing starts at $42,390 CAD for the base model.

If you're buying used today, the 2020 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2020 Jeep Cherokee compare to the 2020 Ford Escape?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.