1997 Jeep Cherokee Depreciation
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1997 Jeep Cherokee
A 1997 Jeep Cherokee has depreciated $423 or 16% in the last 3 years and has a current resale value of $2,184 and trade-in value of $1,216.
A 1997 Jeep Cherokee has depreciated $423 or 16% in the last 3 years and has a current resale value of $2,184 and trade-in value of $1,216.
The 1997 Jeep Cherokee is in the 25-75% percentile for depreciation among all 1997 SUVs.
1997 Jeep Cherokee Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | $381 | $2,607 | $1,703 | ||
2023 | $202 | $2,405 | $1,490 | ||
2024 | $121 | $2,284 | $1,325 | ||
Now | $100 | $2,184 | $1,216 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
1997 Jeep Cherokee Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Managing 1997 Jeep Cherokee Depreciation
Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.
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FAQs
According to Kelley Blue Book, a 1997 Jeep Cherokee depreciated about 16% over the last three years. Generally the 1997 Jeep Cherokee is in the 25-75% percentile for depreciation among all 1997 SUVs. However, depreciation can vary depending on vehicle condition and mileage.
According to Kelley Blue Book, the 1997 Jeep Cherokee is in the 25-75% percentile for depreciation among all 1997 SUVs. Over the last 3 years it retained 84% of its value.
A 1997 Jeep Cherokee has depreciated an average of about $141 per year for the last 3 years. It has dropped a total of $423 in value in that time and has a current resale value of $2,184 and a trade-in value of $1,216. Generally the 1997 Jeep Cherokee is in the 25-75% percentile for depreciation among all 1997 SUVs.
A 1997 Jeep Cherokee has depreciated 16% in the last 3 years and has a resale value of $2,184. Overall, the 1997 Jeep Cherokee is in the 25-75% percentile for depreciation among all 1997 SUVs.
A 1997 Jeep Cherokee has depreciated 16% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.