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2019 Jeep Cherokee Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Jeep Cherokee pricing report below does not include rebates or incentives. View Jeep Rebates and Incentives.

Jeep Cherokee Prices - How Much is a Jeep Cherokee?

2019 Cherokee - Trim: Latitude w/ FWD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$24,795
Invoice Price
$24,692
Destination Fee
$1,495
Holdback
$744
Dealer Cost
$25,443
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2019 Cherokee - Trim: Latitude w/ 4WD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$26,295
Invoice Price
$26,187
Destination Fee
$1,495
Holdback
$789
Dealer Cost
$26,893
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2019 Cherokee - Trim: Altitude w/ FWD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$27,145
Invoice Price
$26,653
Destination Fee
$1,495
Holdback
$814
Dealer Cost
$27,334
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2019 Cherokee - Trim: Latitude Plus w/ FWD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$27,145
Invoice Price
$26,653
Destination Fee
$1,495
Holdback
$814
Dealer Cost
$27,334
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2019 Cherokee - Trim: Altitude w/ 4WD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$28,645
Invoice Price
$28,133
Destination Fee
$1,495
Holdback
$859
Dealer Cost
$28,769
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2019 Cherokee - Trim: Latitude Plus w/ 4WD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$28,645
Invoice Price
$28,133
Destination Fee
$1,495
Holdback
$859
Dealer Cost
$28,769
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2019 Cherokee - Trim: High Altitude w/ FWD. Powered by a Turbo Engine - 2.0L I4. Transmission: Auto w/9-Spd. Horsepower: 270 @ 5250 RPM. Torque: 295 @ 3000 RPM
MSRP
$31,200
Invoice Price
$30,465
Destination Fee
$1,495
Holdback
$936
Dealer Cost
$31,024
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2019 Cherokee - Trim: Limited w/ FWD. Powered by a 2.4L I4. Transmission: Auto w/9-Spd. Horsepower: 180 @ 6400 RPM. Torque: 171 @ 4600 RPM
MSRP
$31,200
Invoice Price
$30,465
Destination Fee
$1,495
Holdback
$936
Dealer Cost
$31,024
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2019 Cherokee - Trim: Trailhawk w/ 4WD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd W/Active Drive. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$33,945
Invoice Price
$33,115
Destination Fee
$1,495
Holdback
$1,018
Dealer Cost
$33,592
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2019 Cherokee - Trim: Trailhawk Elite w/ 4WD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd W/Active Drive. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$33,945
Invoice Price
$33,115
Destination Fee
$1,495
Holdback
$1,018
Dealer Cost
$33,592
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2019 Cherokee - Trim: High Altitude w/ 4WD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$34,445
Invoice Price
$33,585
Destination Fee
$1,495
Holdback
$1,033
Dealer Cost
$34,047
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2019 Cherokee - Trim: Limited w/ 4WD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$34,445
Invoice Price
$33,585
Destination Fee
$1,495
Holdback
$1,033
Dealer Cost
$34,047
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2019 Cherokee - Trim: Overland w/ FWD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$36,745
Invoice Price
$35,677
Destination Fee
$1,495
Holdback
$1,102
Dealer Cost
$36,070
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2019 Cherokee - Trim: Overland w/ 4WD. Powered by a 3.2L V6. Transmission: Auto w/9-Spd. Horsepower: 271 @ 6500 RPM. Torque: 239 @ 4400 RPM
MSRP
$38,245
Invoice Price
$37,157
Destination Fee
$1,495
Holdback
$1,147
Dealer Cost
$37,505
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Price Tip:
To avoid overpaying on a new Jeep Cherokee, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Jeep Price Guides::
Jeep Cherokee Overview:

The Jeep name has always symbolized off-road capability, ruggedness, and raw power. Recently, Jeep has throttled back a bit on the latter simply because we live in a fuel-efficient world. However, there's no denying that the latest generation Cherokee model remains a top pick for the adventure-loving, outdoorsy, off the beaten path individual. The 2019 Jeep Cherokee, although a smaller-sized SUV, can hold its own with the big boys when it comes to tackling the byways, sandy beaches, and overgrown backwoods trails.

There's a lot more to the 2019 Cherokee than rugged, off-road capability. Great strides have been made in the areas of interior design and high-tech features. This year's Cherokee has been redesigned both on the inside and outside. There are five trim levels from which to choose, and there's also a capable turbocharged engine option. The 2019 Jeep Cherokee is a solid pick in an overcrowded small SUV class, and it is worth more than a first and second look.

The 2019 Jeep Cherokee will appeal to those who desire:

  • Off-road capability
  • An excellent suspension system
  • Turbocharged engine power
  • Advanced high-tech and infotainment

What’s New For 2019?

The 2019 Jeep Cherokee remains an attractive four-door small crossover, but the exterior has gotten a complete refresh. The body contours have been altered, and the front and rear ends have been restyled.

There's a new optional engine, a turbocharged 2.0L power source that's actually better at saving fuel than the V6. The standard infotainment system has also been upgraded, and buyers will welcome the better-quality sound system and the array of charging ports.

Trim Levels
The base trim, known as the Latitude, is well-equipped for an entry-level model. It comes with 17-inch wheels, automatic headlights, and heated side mirrors. Buyers also enjoy a 60/40-split folding rear seatback and a folding front passenger seat with a nicely designed cargo compartment inside the seat cushion. The Latitude Plus trim adds on leather trim accents to the seats, a power-adjustable driver's seat, and a leather-wrapped steering wheel and shifter.

The Limited trim comes with a power liftgate and an auto-dimming rearview mirror. This trim also features 18-inch wheels, leather upholstery, and heated front seats.

The Trailhawk is oriented toward off-road travel, and it is appointed similarly to the Limited trim. It's designed with greater ground clearance and a sport-tuned suspension system. It also comes with unique exterior trim and a combination of cloth and leather upholstery.

The Overland is the most luxurious trim. The 18-inch wheels are of a different design, and there's a different exterior trim design as well. There's also on-demand turning/cornering lighting and a special windshield design that really cuts down on the road noise. The Overland also comes with leather upholstery, a leather-wrapped instrumentation panel, and special steering wheel wood accent trim.

Engine And Powertrain

The base engine is a 2.4L, four-cylinder power source mated to a nine-speed automatic transmission. The engine is rated at 180 horsepower, and all-wheel drive is optional. The larger V6 engine produces a total of 271 horsepower and is optional on all trims except the Latitude and the Overland. The Overland comes with this engine as standard equipment.

The optional turbocharged 2.0L engine is rated at 270 horsepower and is available on the Latitude Plus and Limited trims. This engine rewards the owner with better fuel mileage than the V6.

The off-road version, the Trailhawk, comes with a completely different suspension system and also features the advanced all-wheel drive system. Known as Active Drive II with Active Drive Lock, the system features 4-Low Mode that increases the ride height by more than an inch. With the V6, the Trailhawk is designed with a different crawl ratio, making it the best choice for travel over uneven terrain at low speeds.

Interior Features

The base Latitude trim is well-equipped. It comes with Bluetooth, a rearview camera, and a USB port. The 7-inch screen display is of a new design for 2019, and the six-speaker sound system is one of the best on the market. Apple CarPlay and Android Auto are also included on the base trim.

Satellite radio is standard on the Latitude Plus, and other niceties include passive keyless entry and push-button ignition. This trim also gets two additional USB ports. Buyers can choose the Comfort and Convenience package when ordering the Latitude Plus, and the reward is an auxiliary household power outlet and dual-zone climate control.

If the Limited Trim is chosen, this package comes as standard. Also standard are a power front-passenger seat and an upgraded driver information display. An 8.4-inch infotainment screen display is standard on the Limited. The Limited and Trailhawk can also eligible for navigation as a stand-alone option.

The Overland gets a nine-speaker audio system, and navigation is standard. The Overland also gets HD radio as standard. Various stand-alone options are available on the higher trims, so careful comparison of the specs between the different versions is highly recommended.

In addition to the interior luxuries, the 2019 Jeep Cherokee also boasts the latest in safety and security features. The Limited and above trims come with blind-spot monitoring, rear cross-traffic alert, and rear parking sensors. There's also a Technology package that includes forward collision alert and lane departure warning.

Get to know the 2019 Jeep Cherokee up close and personal. Schedule a test drive today to see for yourself how this well-built small SUV stacks up to the competition. You'll like the long list of standard features, the interior luxuries, and the advanced high-tech included with the purchase of this popular model from Jeep.

How to Calculate The Dealer Cost of a Jeep Cherokee

Formula for Calculating Dealer Cost:

  • Example: Base Jeep Cherokee invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)

Note: All Jeep Cherokee MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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