2016 Jeep Grand Cherokee Depreciation

A 10-year-old 2016 Jeep Grand Cherokee has lost about 70.9% of its roughly $39,565 original value. In the 2026 source cohort, it typically listed for around $14,049, with most listings between $11,289 and $18,828. Listed examples average 108,946 miles.

Jeep Grand Cherokee exterior
Image: Auto Reliability Index

2016 Jeep Grand Cherokee Price by Mileage

What buyers actually pay at different odometer readings.

50k–75k mi
$19,163· 26 listings
75k–100k mi
$16,990· 50 listings
100k–130k mi
$14,670· 72 listings
Over 130k mi
$11,019· 42 listings

How Mileage Affects 2016 Jeep Grand Cherokee Price

Each dot is a real listing — price plotted against odometer reading.

2016 Jeep Grand Cherokee median price by mileage band
MileageMedian priceListings
50k–75k mi$19,16326
75k–100k mi$16,99050
100k–130k mi$14,67072
Over 130k mi$11,01942

What's a Good Price for a 2016 Jeep Grand Cherokee?

Great deal

Under $12,897

Typical

$12,897$17,262

Overpriced

Above $17,262

Based on the middle 50% of listings — always adjust for mileage and condition.

Price Spread

Range across 192 listings.

Low $9,362High $20,990

Half of all listings fall between $12,897 and $17,262, with a median of $14,994.

Ownership & Condition

Across 192 2016 Jeep Grand Cherokee listings.

Accident-free

83.3%

One-owner

25%

Avg owners

2.3

Personal use

66.7%

2016 Jeep Grand Cherokee Efficiency & Specs

EPA fuel-economy and powertrain data.

Combined

23 MPG

City / Hwy

21 / 28

Fuel / year

$3,100

Fuel

Diesel

Engine

3.0L 6-cyl

EPA class

Standard Sport Utility Vehicle 2WD

Depreciation by Trim

See how each 2016 Jeep Grand Cherokee trim holds its value.

TrimFuelMSRPMedian ResaleDepreciationListings
LimitedGasoline$39,565$13,43868.8%85
Laredo 75th AnniversaryGasoline$36,975$12,39969.0%5
Limited 75th AnniversaryGasoline$43,175$15,67470.9%10
High AltitudeGasoline$50,090$14,89272.0%10
OverlandGasoline$47,395$14,82572.4%16
SummitGasoline$52,795$15,84972.7%10

How the 2016 Jeep Grand Cherokee Compares to Other Years

At 70.9% depreciation, the 2016 Jeep Grand Cherokee sits among its neighbors on the depreciation curve. The one-year-newer 2017 has lost 64.2% (around $14,719), so stepping up a model year costs roughly $670 more. The older 2015 sits at 72.5% (around $11,794), so dropping back a year saves about $2,255. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.

Safety Ratings

NHTSA crash test ratings for the 2016 Jeep Grand Cherokee.

Overall
Frontal Crash
Side Crash
Rollover

View full NHTSA report

Known Issues & Complaints

305 NHTSA complaints, 9 recalls reported.

POWER TRAIN

76 complaints

Tone wheel failure resulting in vehicle not operating as intended. Required repair of which FCA stated the repair was not covered by the recall issued against the vehicle.

9 crashes2 fires5 injuries

ELECTRICAL SYSTEM

48 complaints

When I push on the gas pedal, sometimes the car revs up and the speed does not increase. I have to shut the car down and then restart. When I restart it, then it resets it in a way and I am able to drive. There is a hyperbola symbol that is

3 crashes1 fire1 injury

ENGINE

43 complaints

The contact owns a 2016 Jeep Grand Cherokee. The contact stated that while driving approximately 60 MPH, the vehicle suddenly jolted, lost power, and went into LIMP Mode, almost causing a rear-end crash. The message "Service Electronic Thro

2 crashes1 injury

UNKNOWN OR OTHER

25 complaints

The transmission on this 2016 grand jeep Cherokee had completely went out due to fluids being in the transmission. Which is causing a head gasket problem as well. This car was regularly serviced. Only had this vehicle 7-8 months. My safety

2 fires

STEERING

16 complaints

I'm not sure what components malfunctioned but my vehicle is in a body shop currently getting work done from the accident I was recently in. The safety of my cousin and I was put into risk when I was driving on the highway and I hydroplaned

2 crashes

FUEL SYSTEM

13 complaints

The contact owns a 2016 Jeep Grand Cherokee. The contact stated while driving approximately 45 MPH, the message "Shift into Park" was displayed. The contact stated that moments later the vehicle stalled. The vehicle was towed to the local d

Top Issues

  • POWER TRAIN
  • ELECTRICAL SYSTEM
  • ENGINE
  • UNKNOWN OR OTHER
  • STEERING

Buyer Red Flags

  • !Recall 20V475000 (ENGINE AND ENGINE COOLING): Chrysler (FCA US LLC) is recalling certain 2014-2018 Ram 1500 and 2014-2016 Jeep Grand Cherokee vehicles equipped with 3.0L diesel engines. The crankshaft position sensor tone whee
  • !Recall 18V332000 (ELECTRICAL SYSTEM): Chrysler (FCA US LLC) is recalling certain 2014-2018 Dodge Journey, Charger and Durango, RAM 2500, 3500, 3500 Cab Chassis (more than 10,000lb), 4500 Cab Chassis and 5500 Cab Chassi
  • !Recall 20V699000 (ENGINE AND ENGINE COOLING): Chrysler (FCA US LLC) is recalling certain 2014-2019 Jeep Grand Cherokee vehicles equipped with the 3.0L EcoDiesel engines. The Exhaust Gas Recirculation (EGR) cooler may crack and
  • !Recall 17E061000 (ENGINE AND ENGINE COOLING): Accessible Technologies, Inc. (ATI) is recalling certain ProCharger Superchargers, model numbers AB037A-100, AB037A-100P, and A037A-100B, sold for installation on 2012-2017 Jeep Gr

2016 Jeep Grand Cherokee Listings

Real 2016 Grand Cherokee listings on the market now.

Live dealer listings, refreshed periodically. Prices and availability change.

Frequently Asked Questions

How much is a 2016 Jeep Grand Cherokee worth?

A 2016 Jeep Grand Cherokee is typically worth around $14,049, with most listings falling between $11,289 and $18,828. The single biggest swing factor is mileage — listed examples average about 108,946 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.

How much has the 2016 Jeep Grand Cherokee depreciated?

The 2016 Jeep Grand Cherokee has lost about 70.9% of its original $39,565 base MSRP — roughly $28,052 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.

How many miles does a used 2016 Grand Cherokee have?

Listed 2016 Grand Cherokees average about 108,946 miles, with most between 76,419 and 143,708. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.

What is a good price for a 2016 Jeep Grand Cherokee?

For a 2016 Jeep Grand Cherokee, anything under $12,897 is a strong deal, $12,897 to $17,262 is the typical range where most cars trade, and above $17,262 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.

Methodology

Figures for the 2016 Jeep Grand Cherokee are computed from 136 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.