1982 Jeep Cherokee Laredo

2dr Wide Wheel Wagon 4x4

6-cyl. 258cid/115hp 2bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$21,100*

+1%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$5k$10k$15k$20kJan 2025
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1974-1983 Jeep Cherokee stats
Highest sale
$56,100
Lowest sale
$6,050
Most recent sale
$15,711
Sales
99

Photos

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1976 Jeep Cherokee Station Wagon 4x4
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Model overview

Model description

Designed by Brooks Stevens, Jeep’s all-new trucks for 1963 were offered as both a pickup and a wagon. Called the Wagoneer, it featured either a traditional two-door or a new-for-Jeep four-door body style. For 1969, the two-door body style took a five year leave of absence before returning in 1974 as a new model for the same old platform called the Cherokee.

Since the Wagoneer was becoming something of an all-wheel drive four-door only luxury car, the Cherokee was a more affordable version aimed at the sporty off-road market. While the Wagoneer had become a V-8-only model, the base engine for the Cherokee was AMC’s robust 258 cubic inch straight-six. While not a powerhouse at 110 hp, it was durable and had plenty of low-end grunt. Since it was introduced during the Arab oil embargo, it was easier on fuel as well. Those desiring a V-8 could get AMC’s 360 cubic inch unit as an option. By 1977, sales were respectable enough that the Cherokee was also offered with the four-door body. A new top-line Laredo was also added in 1980 with more amenities.

By the early 1980s, the Cherokee had weathered two gas shortages and was starting to become quite dated. Sales were dropping since customers wanted a smaller, more fuel efficient yet better built Multi-Purpose Vehicle (the term SUV wasn’t popular yet yet). That truck came in 1984 with the introduction of a new downsized Cherokee. Fans of the big 1963-era body could still get a 1984 Grand Wagoneer, but only for $8,674 more than the four-door 1983 Cherokee cost.

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Common Questions

The value of a 1982 Jeep Cherokee Laredo can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $21,325 for a 1982 Jeep Cherokee Laredo in good condition with average spec.

The highest selling price of a 1982 Jeep Cherokee Laredo at auction over the last three years was $26,775. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1982 Jeep Cherokee Laredo at auction over the last three years was $26,775. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 1 1982 Jeep Cherokee Laredos sold at public auction.

The most recent auction sale of a 1982 Jeep Cherokee Laredo was $26,775 on July 26, 2022 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.