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2023 Jeep Cherokee value
By the DealScan team · Updated 2026-07-11
Quick answer
A 2023 Jeep Cherokee in good condition with average mileage (about 37,500 miles) is worth roughly $21,250 in a private-party sale — a fair range of $19,550 to $22,950, or about $24,450 at a dealer. 2023 is not on our years-to-avoid list, so condition, history, and maintenance matter more than the model year here.
Estimated value by mileage
Good condition, clean title. Mileage is the biggest single factor at this age.
| Mileage | Miles | Fair value | Private party |
|---|---|---|---|
| Lower mileage | 25,500 | $22,500 | $20,700–$24,300 |
| Average mileage | 37,500 | $21,250 | $19,550–$22,950 |
| Higher mileage | 51,000 | $19,900 | $18,300–$21,500 |
Is 2023 a good year to buy?
2023 is not on our years-to-avoid list for this model, so judge the individual car on history and maintenance.
Compare the best and worst Cherokee yearsWhat to check before you pay
- 2014–2016: ZF 9-speed transmission rough shifting, hesitation, and hunting; multiple software reflashes were issued and some units were replaced. Ask for transmission update and service history
- 2014–2019 2.4L Tigershark: oil consumption, subject of a class action; check the dipstick on the spot and ask directly about top-offs between changes
- 4x4 models: power transfer unit (PTU) wear; listen for driveline whine and check for gear-oil leaks underneath
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