Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 JEEP GRAND 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) 2017 JEEP GRAND CHEROKEE in 2017 was $42,375.
The average price for used 2017 JEEP GRAND CHEROKEE nowadays in 2024 is $19,891 which is 47% from the original price.
Estimated mileage driven per year is 10,024 miles.
The graph below is a depreciation curve for 2017 JEEP GRAND 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 2017 JEEP GRAND 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 | ||
|---|---|---|---|---|---|---|
| 2017 MSRP | 0 mi | $42,375 | — | — | 100% | 0% |
| 2017 | 10,024 mi | $47,000 | −$4,625 | −10.91% | 110.91% | -10.91% |
| 2018 | 20,048 mi | $40,224 | +$6,776 | +14.42% | 94.92% | 5.08% |
| 2019 | 30,072 mi | $36,995 | +$3,229 | +8.03% | 87.3% | 12.7% |
| 2020 | 40,096 mi | $29,991 | +$7,004 | +18.93% | 70.78% | 29.22% |
| 2021 | 50,120 mi | $27,900 | +$2,091 | +6.97% | 65.84% | 34.16% |
| 2022 | 60,144 mi | $24,898 | +$3,002 | +10.76% | 58.76% | 41.24% |
| 2023 | 70,168 mi | $22,000 | +$2,898 | +11.64% | 51.92% | 48.08% |
| 2024 | 80,192 mi | $19,891 | +$2,109 | +9.59% | 46.94% | 53.06% |
| 2025 | 90,216 mi | $18,491 | +$1,400 | +7.04% | 43.64% | 56.36% |
| 2026 | 100,240 mi | $16,495 | +$1,996 | +10.79% | 38.93% | 61.07% |
| 2027 | 110,264 mi | $14,989 | +$1,506 | +9.13% | 35.37% | 64.63% |
| 2028 | 120,288 mi | $12,973 | +$2,016 | +13.45% | 30.61% | 69.39% |
| 2029 | 130,312 mi | $11,895 | +$1,078 | +8.31% | 28.07% | 71.93% |
| 2030 | 140,336 mi | $10,701 | +$1,194 | +10.04% | 25.25% | 74.75% |
| 2031 | 150,360 mi | $8,000 | +$2,701 | +25.24% | 18.88% | 81.12% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the JEEP GRAND 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 2017 JEEP GRAND CHEROKEE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 JEEP GRAND CHEROKEE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $26,997 | 10 sales |
| 25,000 mi | $22,619 | 14 sales |
| 30,000 mi | $24,900 | 44 sales |
| 35,000 mi | $23,929 | 42 sales |
| 40,000 mi | $23,000 | 73 sales |
| 45,000 mi | $24,594 | 110 sales |
| 50,000 mi | $23,500 | 145 sales |
| 55,000 mi | $22,896 | 203 sales |
| 60,000 mi | $21,999 | 248 sales |
| 65,000 mi | $21,200 | 301 sales |
| 70,000 mi | $20,999 | 353 sales |
| 75,000 mi | $20,889 | 391 sales |
| 80,000 mi | $20,500 | 382 sales |
| 85,000 mi | $19,945 | 365 sales |
| 90,000 mi | $19,565 | 387 sales |
| 95,000 mi | $18,998 | 375 sales |
| 100,000 mi | $18,975 | 361 sales |
| 105,000 mi | $18,221 | 298 sales |
| 110,000 mi | $17,991 | 212 sales |
| 115,000 mi | $17,392 | 174 sales |
| 120,000 mi | $16,951 | 143 sales |
| 125,000 mi | $16,546 | 154 sales |
| 130,000 mi | $16,422 | 105 sales |
| 135,000 mi | $15,992 | 74 sales |
| 140,000 mi | $14,000 | 52 sales |
| 145,000 mi | $14,869 | 41 sales |
| 150,000 mi | $13,996 | 32 sales |
| 155,000 mi | $13,997 | 24 sales |
| 160,000 mi | $13,906 | 16 sales |
| 165,000 mi | $13,249 | 16 sales |
| 170,000 mi | $13,904 | 13 sales |
| 175,000 mi | $14,336 | 14 sales |
| 180,000 mi | $12,491 | 12 sales |
Frequently asked questions
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Depreciation directly affects the resale value of a 2017 JEEP GRAND CHEROKEE, with faster depreciating vehicles typically having lower resale values over time.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
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.
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.
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Other years of JEEP GRAND CHEROKEE
1999 JEEP GRAND CHEROKEE
$4,000 average used price
3,700+ sales records
2002 JEEP GRAND CHEROKEE
$4,995 average used price
5,800+ sales records
2010 JEEP GRAND CHEROKEE
$8,000 average used price
11,200+ sales records
2012 JEEP GRAND CHEROKEE
$11,895 average used price
69,000+ sales records
2022 JEEP GRAND CHEROKEE
$36,995 average used price
31,600+ sales records
2024 JEEP GRAND CHEROKEE
$47,000 average used price
6,700+ sales records
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2017 JEEP GRAND CHEROKEE on BADVIN
