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Ford Explorer vs Jeep Cherokee: 5-year value retention (57% vs 57%), resale value, and cost of ownership head-to-head. Jeep Cherokee holds its value better.
On five-year value retention the Jeep Cherokee comes out ahead, holding about 57% of its value versus 57% for the Ford Explorer. Over the first five years the Jeep Cherokee loses roughly $15,155 while the Ford Explorer loses about $16,694 — a gap near $1,539.
First-year drop is the biggest factor: the Jeep Cherokee sheds about 10% in year one versus 4% for the Ford Explorer. If you buy used, the steeper early drop is what the original owner absorbs.