2020 Jeep Cherokee Altitude
44.0% depreciation ($12,723)
2020 Jeep Cherokee Altitude has a median resale price of $16,067 against an original MSRP of $28,790, which works out to 44.0% depreciation across 10 analyzed listings. It ranks 3 of 6 trims by value retention for this model year. This trim is listed with gas and front wheel drive.
Depreciation Details
- MSRP (When New)
- $28,790
- Median Resale Price
- $16,067
- Depreciation
- 44.0%
- Listings Analyzed
- 10
How Altitude Compares to Other 2020 Trims
Lower depreciation means stronger resale retention. The Altitude ranks 3 of 6 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| Latitude | $25,840 | $15,199 | 41.9% | 27 |
| Latitude Plus | $27,595 | $17,057 | 42.0% | 52 |
| Altitudethis trim | $28,790 | $16,067 | 44.0% | 10 |
| Limited | $31,600 | $17,997 | 46.0% | 68 |
| Trailhawk | $34,755 | $19,495 | 48.1% | 33 |
| High Altitude | $35,540 | $17,482 | 50.4% | 7 |
Specifications
| Engine Type | gas |
| Horsepower | 180 hp |
| Torque | 171 lb-ft |
| Transmission | 9-speed shiftable automatic |
| Drivetrain | front wheel drive |
| City MPG | 22 mpg |
| Highway MPG | 31 mpg |
| Combined MPG | 25 mpg |
| Engine Size | 2.4 |
| Cylinders | I4 |
| Body Type | SUV |
| Doors | 5 |
| Seats | 5 |
| Curb Weight | 3,590 lbs |
| Cargo Capacity | 25.8 |
| Fuel Tank | 15.8 |
Frequently Asked Questions
How much has the 2020 Jeep Cherokee Altitude depreciated?
The 2020 Jeep Cherokee Altitude shows 44.0% depreciation from its original MSRP. In dollar terms, the median listing price is $16,067 compared with an original MSRP of $28,790. This is based on 10 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the Altitude 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 6 trims with enough listing data, it ranks 3 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 2020 Jeep Cherokee Altitude?
The matched spec record lists gas, 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.