Old Jeep Cherokee Prices Are OUTRAGEOUS! 

Great video! Very factual. I bought my 98 XJ stock for $1,000. Probably have an additional $10,000 in it. But it's still just a high mileage, well built, 22 year old 4x4. Love my XJ! Can't deny that it's been a financial mistake for me.

Maybe it's a testament to how lame the newer suv's really are. There's really nothing like them out there without spending crazy money

Matt’s off-road recovery is making it popular.

Reasons: A) 5 in a pinch B) Turns on a dime C) Great visibility D) Strong, bulletproof engine with low-end grunt E)Very lightweight F) Easy to mod G)Good mpg for purpose (16-24 mpg) G) Exceptional cargo volume H) Simple mechanicals, good parts availability

It's not just XJ's Any older good condition 4x4 utility vehicle is going UP. People want simpler capable vehicles and aren't interested in ~40k payment plan$.

Cool video man, but this trend it becoming more and more common, and not just in the automotive world. I think people are willing to pay more for simplicity which is impossible to find in newest products

I bought my 96 about a year ago because of my dads 96 I grew up in. I paid about 5k for my jeep, but it is a 4x4, 4 door, 4.0, 5 speed, with power windows, and no rust. I absolutely love my jeep, but I don't think these old cherokees are quite worth 16k. Increasing value for these things does make me happy that I got mine before the market spiked though.

It’s the damn overland scene driving up all the prices of 4x4’s.

I have a '94 XJ Sport and every single week someone asks me if I want to sell it. I've been offered $10k for it, but I'm not even considering letting it go🔥

I've always thought they were beautiful. I'm not surprised that the price has gone up so much. They are truly iconic.

I blame Doug Demuro

The 4.0L is the best engine Jeep has ever made....

Just bought one rust free yesterday!

WINDER TOWING! That’s what’s driving the demand. Fun and capable!

The market is recognizing just how good these were overall. They were compact, light, nimble, usable, good looking then and still good looking now. They are pretty comfortable.easy to repair. I would put them in the class with 1st generation Mustang, Camaro, Challenger, Type 1 VW Beetle, and Nissan 240z.

Lol🤣!! If you think the old Jeeps are going for too much money, you must not have looked at the new ones lately. 🤑

I've a 98 and I'll never sell it. It's tough, reliable, can go anywhere, has classic looks and it's basic. When it breaks I can fix it! More important, they ain't making any more of them...

Shh take this video down your gonna srive up the prices more

That’s because the new ones are less capable, way more unreliable and incredibly more expensive.

I've seen people asking a pretty penny for their XJs, but most of the time those are heavily modified. Those "auction" prices are very high from what I've seen.

Waiting on my coworker to let his go to me, on the cheap. 50k miles on an 01 black 4 door.

The reason they are selling for this outlandish price is that there's been 500000 of them parted out and scrapped in the last 5 years

I bought a low Milage, extremely clean 1998 Cherokee XJ, and LOVE it! Daily drive it, offroad, haul my friends, go camping, and more. Easy to make your own, easy to work on, I love it.

Thanks for watching! Let us know what you think in our poll over on TFLcar.com: www.tflcar.com/2020/02/jeep-cherokee-prices-poll/

Bought my 98xj 4 years ago for $2500 with 157k stock. Put a few grand into it and now I got the outdoor adventure vehicle I've wanted forever! This year I'm gonna buy another one for my lovely wife to enjoy! Rock the XJ! - JOHN

Same thing going on in the 4Runner market. Simple and rugged, good aftermarket mods and oem parts availability, relatively easy and affordable to work on, cool styling, highly capable vehicles. The older ones have a personality that modern ones lack.

It’s been going that way for years, especially two door XJs.

My 94 was stolen and I’ve had a missing piece of my heart ever since. I have a TJ but still get tempted every time I see a clean XJ with a for sale sign.

I just MOT’s mine this morning and the MOT Centre Guys were utterly stunned by the condition of it - it’s a well built 60th anniversary edition. 164,000 miles and still going strong!’

Back in ‘08, I traded my ‘91 Cherokee Sport in on a Commander for $1,000. I wish I still had that little Jeep. 😕

I'm the second owner of a '93 Cherokee XJ 4.0L 5-speed with just over 153k miles. Uncut, zero mods, bone stock. No interest in selling. It's a great back-up vehicle for my wife and kids. Mostly it just sits in the spare garage space and gets prettier by the day.

Anyone remember what the Barret Jackson auction did to muscle car prices? Well, Bring a Trailer is doing the same thing to vehicle's such as the XJ. $$$

In 1999 I bought a 1987 Grand Wagoneer with 74,000 miles for $3,500. Today with that mileage it is worth $30,000 or more. New Mexico rust free. It's just supply and demand. All the new cars are not "real" 4WD with straight axles. Many want a Jeep that can get them home from the boonies without a computer problem. In ten years, the value will only increase.

I have been restoring my 01 over the last 3 years. I have over 12k in it. It is totally worth it to me for sure.

I mean an XJ is still way less than a 4runner of the same age lol.

It's Matt's Offroad Recovery. The 4.0L V6 has a great reputation, and can be turned into a very capable offroad machine pretty cheaply.

I can understand why they’re classics now. Perfect size and great design. People are always asking if I want to sell my 2001.

If you had a 4L HO with a 5 speed manual, those were sleepers for their day. And if you drove mostly street, add the IPD sway bar and rancho RS9000 adjustable shocks, and it was a sleeper in the turns too.

The Jeep made by AMC is gaining value not because it was so spectacular, but because FIAT Jeeps are built for crap, with crap parts.

I've only been into XJs for about a year now. I'm in Midwest and I'll see a good Cherokee for $3000-4500 quite often but they sell within a week or less. You gotta be ready to buy and have the cash on hand when that deal comes around.

Answer: Matt's Off Road Recovery. It's a yellow banana thing. You wouldn't understand.

I was blown away at the capability off-road and outright abuse these things took as I put my parents stock XJ through its paces in the backcountry around Vancouver, Canada as a kid. Even had to have my Dad pull me out of a tough spot in my 76 FJ40 one time. Solid, comfortable, reliable and very capable. Considering today’s inflated vehicle prices, it’s only natural that such a great little 4x4 would be going for higher prices.

I still miss my '95 XJ every single day. We sold it to my dad's friend back in 2012 for $2,500. It was pristine and had 77k on the odometer. Best vehicle I have ever owned. BY FAR

I have owned 3 XJs since 1996. I currently have a 98 with 120k on the clock. Great for commuting in the Montana snow or off-roading Glacier national park in the summer.

I think nostalgia made the value go up. Everyone I know that has had one has had it handed down to them

these XJ's will be future classics. one day you'll be seeing them 50K or more for an original clean one.

I think there’s a few factors making them go up. First: there’s nostalgia. Those of us who were kids in the 80’s and 90’s grew up wanting one. Now we have disposable income and are making that happen. Second: because they’re so good off road, and because they went through that period of being dirt cheap, it’s hard to find clean, unmolested examples. It’s like trying to find a 90s Acura Integra that hasn’t been given the fast & furious treatment. When you find one, prepare to pay big for it. I’m just slowly working on my ‘01 XJ while still driving it. I need to replace rocker panels but that’s really the only rust on it. Replaced rear suspension and kept it at stock height. Eventually just gonna clean it up and replace what needs replacing.

Yup, i am inclined to say, we have You Tube to thank. Channels such as (mentioned) Matt's off-road recovery make public the pluses of the Cherokee Jeep. With such off-the-cuff endorsements why would anyone looking for a used 4 wheel drive not put a Cherokee near the top of their list. Proven performance = value.

92 limited with 80k on it no rust at all. Never getting rid of it.

I have 2.5 turbo diesel XJ and I love it! ❤

86 2 door. 5 speed, 4x, vacuum disconnect, works great all original. AC works lol. My favorite vehicle by far

Matt’s towing and recovery is the reason 😂😂

I paid $4300 for a 98 2dr 4x4 SE XJ in 2006, I’ve been offered $12k for it as recently as last October.

PSA to automakers: Roof pillars don't need to be humongous in order to provide a strong structure. It's called 1.5 to 2" DOM tubing and some gussets. Outward visibility and driving positions suck in almost all modern crossovers. The Renegade has roughly 7 inch wide A pillars. I think most people gravitate toward trucks for this reason.

These old jeeps bring back such good memories, reliable, simple, affordable. I have a 90 renix 2 door that is rust free and a 99 4 door. I picked the 2 door up for 1700 in 2018 and I refuse to drive it in the salt to keep it in it's good condition

Got one sitting in the garage. Red and all stock 👍

remember people, just cause people are listing there vehicle for an incredibly high price does not mean they will be able to sell it for that much.. but at 5:21 is a 1992 jeep cherokee laredo 4x4 sold for $16,250 and the msrp in 1992 was $16,842 .!. and the more that are scraped the more the value goes up

I bought one in June of this year. 97 Cherokee sport 4 door, 4.0, auto, it has all the options on it. One owner and it has 28000 miles on it, never been off the road. it was driving in bad weather here in Indiana. I had to replace some parts to get road ready. Now I drive it all the time. Love it.

I've always loved the XJ, but I completely fell in love with the blue on you had.

I absolutely loved my special order XJ that was a Two door, five speed, trac-lock rear dif and vinyl interior (easier to clean off-road dirt ). I am really surprised that the market, except for the new Bronco/4 runner, haven’t noticed the draw of a basic, mid size true 4WD truck that is affordable to a large segment. Current Cherokee is in a stop production mode because of a glut that is not moving, take a clue FCA.

I'm really regretting selling my 1997 Cherokee Sport. I'm currently living in Japan and I've seen a decent amount of XJs here! It just makes me miss mine even more!

Makes me glad I found my '92 about 5 years ago and paid $1,550 for it. Only 132k miles at the time. I now have about 155k miles and it's been great!!

LOVE my 2000 XJ classic. Second owner. Amazing in snow and off-road. TONS of mods available. Beast of an engine in 4.0L V6. It's light, tows everything. Decent gas mileage. Easy to DIY fix and maintain. Back seat easily pops out and clicks back in for full cargo space. Roof bars slide. Parts are cheap and easy to find. Only flaw I have found is wonky tape deck and wobbly center console. Otherwise, it's such a great vehicle. Mine is 95% stock and it's perfect.

I feel you. I own a 90's Ford Bronco and its the same way Broncos are out of control. WHY SO MUCH its cause new SUV's cost so much.

I wish I bought one a few years ago. One of my favorite cars ever

I had quite a few of them back in the day. 1991 bright red with grey trim was what a family friend had. I bought it off them around 1998 when it was well used. Loved it. Had a bunch of 1995-2001 Cherokees throughout the years. BUT haven't owned one in about 8-10 years. They were fun to drive, easy to work on, were DIRT cheap and were fairly fun to drive. I used to but them for $1-3k for pretty clean examples being about 8-10 years old.

I have a 2001 with 234k that my grandpa had for his last car and I have been restoring and fixing it up. I love my XJ and cant wait to finish up grading and restoring it.

Love those factory spotlights!

2 doors and 5 speeds actually go for more if you know anything about jeep cherokees 5 speed is a rare option

I bought a red 1989 cherokee pioneer with the strait six with around 150,000 on it and it has the all options transfer case, no rips in the interior, no broken glass and an aftermarket stereo for 800 bucks last summer. The blower Moyer just scraped out though.

Now I'm starting to feel really good about $1500 for a 99 deep purple stock XJ with 130k miles. I was going to lift it, but now I'm thinking about just fixing it up in stock form and daily drive it. The motor is great in this thing. And it's a monster in the snow here in west michigan.

I’m so glad I bought mine 3 years ago because prices have gone way up since then.

I currently have my eye on one at $3.5k, seriously considering it.

Got mine a year or two ago for 1200. 250,000 miles, a little rust, and a few dents but it runs perfect and has never let me down

I own a 95zj - got it ears back to haul my Kayak and fishing trips: parts are cheap(Rock Auto) , and my mechanic works with me. The straight six with 150,000 runs great, I decided to keep it and just installed a new A/C, stereo & speakers. Its really nice and does the job. So, I'm starting some basic body work (peeling paint) and making sure I don't get corrosion. This vehicle does the job for me, and I really enjoy it. The big thing - it is not expensive to keep running.

Good on or off road, simple to work on, parts are relatively cheap, very low maintenance, what more can you ask for. They out last every 4WD out there with good maintenance.

I loved my 87’ (last of the AMC’s) and it ran to 387,000 and was still strong but couldn’t pass CA emissions. Bone stock. Don’t ask me what happened to it🤬!

Great video thank you!

I remembered my former manager drove a 1997 Jeep Cherokee 4.0 Limited. It was a robust machine, easy to park, and very practical. I got to say, Tommy, that Cherokee you sold off, that's a good investment.

2 door models are way nicer since the cherokee was originally designed that way. They just look great and classic. I own a 98, 2 door, 5 speed, 2wd chilly pepper red and i love it

All because Winder towing....😂😂😂 Apart from that they are great off roader....

I think it has a lot to do with nostalgia. I’m 42 and I already miss the old days! The old days for a gen X’r like me is the 80’s and 90’s. I had an XJ back then as well. Unfortunately flippers have taken notice and that had driven prices up as well. On BAT, they are almost always “acquired” less than a year ago and it’s usually “from the family of the original owner”, blaw blaw yeah right. If you really want one, keep your eyes peeled and scan Craigslist. I’d stay away from the rust belt though.

Bought my 99 Cherokee sport three years ago for $ 5k 135k miles ...super clean...everything works ...added BSE 3" lift...new leafs and coils to...30.5" AT tires...no rust ..I love it ...I call it my sand toy ...drive it on the beach allot

We can thank Fiat for the old Jeep prices surging. And the quality and safety ratings not lining up with the new Jeep price tags.

Tommy, I blame you for the price increase. You have been waxing lyrical about them and lots of people heard you and started buying them :)

I have a moded xj that I use as a project car and originally got at 245k miles for 2 grand with a 4 inch life (currently hs student). I love the hell out of it, the 4.0 is super reliable aside from the occasional electrical problems it runs great and is perfect for every day use. And it also doubles as a work vehicle if needed around the property.

I love my 96 right hand drive XJ with just turned 80k miles...

I've seen Toyota Hiluxses from the 80's reaching 35k it's nice to see this happening

When he said "Two door cherokees are less desirable" is when I realized he knew nothing about the cherokee market lmfao.

Oh, yeah! They're worth all that and more. Of course, I may be a bit biased. I am an old codger and the original owner of a '99 XJ 4.0, less than 82,000 miles, all original except the driver's side door lock actuator, batteries, and tires. Well cared for, no rust, no wrecks, no problems. However, it was the vehicle my late wife and I enjoyed together, so I'll never let go of it. Maybe you can get it from my estate after I've bought the farm.

Kind of the same thing over here in Italy, the 4.0 were always sought after in the past 10-15 years and tipically sell for 6-10k€ other story for the 2.5 Diesel which Is dirt cheap but rising

An old XJ is more Jeep than a 2020 JL

things that are over priced : 3rd gen 4 runner from 97-2002 , tj wrangler not in pristine shape, new gladiator, fiat renegade trailhawk, getting married/ having a wife.

The 4.0 is super reliable. These things are almost as rugged as the Wrangler. What’s not to love. It seems like the price has increased in just the last 2 years. A few years ago these things were dirt cheap on Craigslist. A lot of them were destroyed in cash for clunkers. That’s probably one of the reasons these things are a lot more expensive now. In my area, a clean unmodded XJ goes for 6-8 grand. There’s a guy on RU-vid called Matt’s towing and recovery that uses a yellow xj for trail recoveries in Utah.

I paid $2600 for my 2K sport , well optioned, with 157, XXX and I LOVE it! I have traditionally owned Wranglers, but I'm very impressed with the off-road capability. Got some Cooper STT Pros on it and there's not much I can't do with it. Next is the Jeep Comanche pickup with a hemi conversion.

All these xj’s going for over 9k and my dad can’t sell his fully built one in fairly good shape for 5k...

I would say that 99% of Cherokees out there aren’t worth the crazy money. However, really clean older ones might be because of how rare nice ones actually are. Most have been beat to heck. So if you are a collector and you find a really nice one I can kind of understand paying a good chunk of cash for one. For the average ones though, there’s no way they are worth more than 4 or 5 grand.

I bought my 1-owner 96 XJ with the Up Country package with 73,000 miles on it for $4,400 in 2012. It's now got 110,000 miles on it. I'm waffling on selling vs. building it. It basically just sits in my garage. I drive it every week or two to keep it running right.

I just bought a 99 with 187k, 6inch lift, with fox shocks, needs some work but is driveable, for 3,500

I blame TFL for it. 😏