2020 Jeep Cherokee monthly payment by trim
Monthly payment, 2020 Jeep Cherokee
$520a month
- Latitude FWD, 60 months, 10% down.
- Needs about $62,400 a year.
10% down. 7.0% APR. 60 months. 6% tax.
| Trim | MSRP + destination | Tax 6% | Financed | 60 months | 72 months | 84 months | Interest, 60 months |
|---|---|---|---|---|---|---|---|
| Latitude FWD | $27,335 | $1,640 | $26,242 | $520 | $447 | $396 | $4,935 |
| Latitude 4WD | $28,835 | $1,730 | $27,682 | $548 | $472 | $418 | $5,206 |
| North 4WD | $28,835 | $1,730 | $27,682 | $548 | $472 | $418 | $5,206 |
| Upland 4WD | $28,835 | $1,730 | $27,682 | $548 | $472 | $418 | $5,206 |
| Altitude FWD | $29,090 | $1,745 | $27,926 | $553 | $476 | $421 | $5,252 |
| Latitude Plus FWD | $29,090 | $1,745 | $27,926 | $553 | $476 | $421 | $5,252 |
| Lux FWD | $29,090 | $1,745 | $27,926 | $553 | $476 | $421 | $5,252 |
| Altitude 4WD | $30,590 | $1,835 | $29,366 | $581 | $501 | $443 | $5,523 |
| Latitude Plus 4WD | $30,590 | $1,835 | $29,366 | $581 | $501 | $443 | $5,523 |
| Lux 4WD | $30,590 | $1,835 | $29,366 | $581 | $501 | $443 | $5,523 |
| Latitude Lux FWD | $31,395 | $1,884 | $30,139 | $597 | $514 | $455 | $5,668 |
| Latitude Lux 4WD | $32,895 | $1,974 | $31,579 | $625 | $538 | $477 | $5,939 |
| High Altitude FWD | $33,095 | $1,986 | $31,771 | $629 | $542 | $480 | $5,975 |
| Limited FWD | $33,095 | $1,986 | $31,771 | $629 | $542 | $480 | $5,975 |
| TrailHawk 4WD | $36,250 | $2,175 | $34,800 | $689 | $593 | $525 | $6,545 |
| TrailHawk Elite 4WD | $36,250 | $2,175 | $34,800 | $689 | $593 | $525 | $6,545 |
| High Altitude 4WD | $36,340 | $2,180 | $34,886 | $691 | $595 | $527 | $6,561 |
| Limited 4WD | $36,340 | $2,180 | $34,886 | $691 | $595 | $527 | $6,561 |
| Overland FWD | $38,490 | $2,309 | $36,950 | $732 | $630 | $558 | $6,949 |
| Overland 4x4 | $39,990 | $2,399 | $38,390 | $760 | $655 | $579 | $7,220 |
Salary needed
| Rule | Down | Term | Payment | Salary needed |
|---|---|---|---|---|
| Payment under 10% of gross pay | 10% | 60 months | $520 | $62,400 |
| 20/4/10: 20% down, 4 years, under 10% of pay | 20% | 48 months | $563 | $67,600 |
Both rules use the payment only. Insurance not included.
What this cannot tell you
MSRP. Dealer price, incentives and insurance differ.
Tax and fees vary by state.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
- Sources disagree