2018 Jeep Cherokee Latitude
53.4% depreciation ($12,118)
2018 Jeep Cherokee Latitude has a median resale price of $12,277 against an original MSRP of $24,395, which works out to 53.4% depreciation across 63 analyzed listings. It ranks 2 of 5 trims by value retention for this model year. This trim is listed with flex-fuel (FFV) and front wheel drive.
Depreciation Details
- MSRP (When New)
- $24,395
- Median Resale Price
- $12,277
- Depreciation
- 53.4%
- Listings Analyzed
- 63
How Latitude Compares to Other 2018 Trims
Lower depreciation means stronger resale retention. The Latitude ranks 2 of 5 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| Trailhawk | $30,995 | $16,186 | 53.0% | 16 |
| Latitudethis trim | $24,395 | $12,277 | 53.4% | 63 |
| Latitude Plus | $26,295 | $11,847 | 54.9% | 55 |
| Limited | $29,795 | $14,755 | 55.9% | 53 |
| Overland | $35,718 | $16,761 | 58.4% | 6 |
Specifications
| Engine Type | flex-fuel (FFV) |
| Horsepower | 184 hp |
| Torque | 171 lb-ft |
| Transmission | 9-speed shiftable automatic |
| Drivetrain | front wheel drive |
| City MPG | 21 mpg |
| Highway MPG | 30 mpg |
| Combined MPG | 25 mpg |
| Engine Size | 2.4 |
| Cylinders | I4 |
| Body Type | SUV |
| Doors | 5 |
| Seats | 5 |
| Curb Weight | 3,655 lbs |
| Cargo Capacity | 24.6 |
| Fuel Tank | 15.8 |
Frequently Asked Questions
How much has the 2018 Jeep Cherokee Latitude depreciated?
The 2018 Jeep Cherokee Latitude shows 53.4% depreciation from its original MSRP. In dollar terms, the median listing price is $12,277 compared with an original MSRP of $24,395. This is based on 63 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the Latitude trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 5 trims with enough listing data, it ranks 2 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2018 Jeep Cherokee Latitude?
The matched spec record lists flex-fuel (FFV), front wheel drive, 9-speed shiftable automatic, 25 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.