THE new Jeep Cherokee was introduced to the auction halls recently, in an exclusive sale at Manheim Auctions Coventry.

Ten of the new models were included in the sale of 176 vehicles, which achieved 100% of CAP Clean, with a conversion rate of 90%. The new Jeep Cherokee 3.7 Limited Edition achieved 80% of its on-the-road price of £24,345.

Stuart Fraid, remarketing manager of Chrysler and Jeep UK said: 'This vehicle has received a fantastic response since its launch and the strong values achieved at Manheim reflect that demand is equally high for it in the used car market. The values achieved overall on the day indicate that the demand for our product is extremely strong, and there is no sign of the market softening for our brands and the dealers are enjoying great success.'