Depreciation
The depreciation graph and accompanying table on our page detail how the 2010 JEEP CHEROKEE's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2010 JEEP CHEROKEE in 2010 was $24,500.
The average price for used 2010 JEEP CHEROKEE nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 10,688 miles.
The graph below is a depreciation curve for 2010 JEEP CHEROKEE. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2010 JEEP CHEROKEE in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2010 MSRP | 0 mi | $24,500 | — | — | 100% | 0% |
| 2011 | 21,376 mi | $29,980 | +$0 | +0% | 122.37% | -22.37% |
| 2012 | 32,064 mi | $28,886 | +$1,094 | +3.65% | 117.9% | -17.9% |
| 2013 | 42,752 mi | $24,993 | +$3,893 | +13.48% | 102.01% | -2.01% |
| 2014 | 53,440 mi | $22,389 | +$2,604 | +10.42% | 91.38% | 8.62% |
| 2015 | 64,128 mi | $19,250 | +$3,139 | +14.02% | 78.57% | 21.43% |
| 2016 | 74,816 mi | $17,844 | +$1,406 | +7.3% | 72.83% | 27.17% |
| 2017 | 85,504 mi | $16,068 | +$1,776 | +9.95% | 65.58% | 34.42% |
| 2018 | 96,192 mi | $14,607 | +$1,461 | +9.09% | 59.62% | 40.38% |
| 2019 | 106,880 mi | $13,748 | +$859 | +5.88% | 56.11% | 43.89% |
| 2020 | 117,568 mi | $12,538 | +$1,210 | +8.8% | 51.18% | 48.82% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the JEEP CHEROKEE’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2010 JEEP CHEROKEE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2010 JEEP CHEROKEE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
Other years of JEEP CHEROKEE
2001 JEEP CHEROKEE
$7,500 average used price
4,000+ sales records
2006 JEEP CHEROKEE
30+ sales records
2009 JEEP CHEROKEE
10+ sales records
2012 JEEP CHEROKEE
30+ sales records
2019 JEEP CHEROKEE
$19,250 average used price
306,100+ sales records
2023 JEEP CHEROKEE
$29,980 average used price
1,300+ sales records
Similar Models
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2011 JEEP PATRIOT
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2012 JEEP LIBERTY
$9,000 MSRP
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2012 JEEP PATRIOT
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2013 JEEP WRANGLER
$52,795 MSRP
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