Valuation Trends: Jeep

Having been in the collector vehicle and specialty insurance space for more than 40 years, we know this for sure: values are always changing. That’s exactly why it's so important to place vehicles on a Guaranteed Value® policy with a partner that regularly monitors changes in value and helps communicate that to agents and customers.

At Hagerty, we have a whole team dedicated to Automotive Intelligence, including valuation, pricing and market trends. In fact, they helped us gather the information for this whole Cars You Should Know campaign.

Below are some fun facts, trivia and data about valuation trends for this month’s highlighted models. Spoiler alert: By and large, Jeep values are on the rise across the board.

More than 100% increase: The popular CJ-7 (1976-86) has more than doubled in value since 2020, with an increase of 126% from $10,500 to $23,700.
Bull Market pick: The pickup truck-like CJ-8 Scrambler was a Hagerty Bull Market pick in 2024; over the last five years values have gone up 83% to $28,500.

Wrangler

All up: According to the Hagerty Price Guide, all Wrangers (YJ and TJ) in the guide, condition 3 (good) value have appreciated 45% from $8,500 to $12,300 in the past five years.
Auction darling: The Wrangler was last year’s Jeep auction darling, with the model accounting for almost half of all Jeeps sold at auction in 2024.

Wagoneer

More lux, please: All Wagoneers in the Hagerty Price Guide have appreciated in value since 2020, but the more luxurious 1984-1991 Grand Wagoneer is up the most with a 37% gain to $29,200.
Modified magic: The fourth most expensive Jeep sold at auction in 2024 was a 1990 Jeep Grand Wagoneer, which had been modified and sold for $177,500.

Cherokee

Nearly 100: The 1974-83 Jeep Cherokee is up 99% to $20,700 since 2020.
So many Cherokee choices: The 1984-2001 Jeep Cherokee XJ was available in over 300 different configurations throughout its production run, but the average value for all 305 configurations covered in the guide is up 75% to $8,400 since 2020.

Drive farther

Jeep Cars You Should Know

Jeep: Who's quoting what?

Hagerty Agent Insights

Cars You Should Know: Jeep

Have you ever heard, "It's a Jeep thing, you wouldn't understand."? Well, now you can. We've heard from agents that one of their biggest challenges is recognizing collector vehicles that fit on a specialty policy with Hagerty. That’s why this year we’re sharing the Cars You Should Know (CYSK). This month, we hit the road with Jeep. Let's go.

*Valuation trends collected from internal Hagerty data