Summary

• With 1,009 currently listed for sale near Memphis, TN and an average price of $30,524.00, 48.4% of 2023 Jeep Grand Cherokees for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2023 Jeep Grand Cherokee 5 / 5 stars.

• 100.0% of 2023 Grand Cherokee models on CarGurus are accident free.

Why it stands out

The 2023 Jeep Grand Cherokee stands out because it blends Jeep’s traditional off-road identity with a more premium, modern feel. In this generation, the Grand Cherokee is mostly new mechanically, but its styling is evolutionary and leans toward luxury. Buyers also get a wide spread of configurations, from basic and affordable trims to more luxurious and pricey ones, along with multiple four-wheel-drive systems and an available height-adjustable air suspension for maximum ground clearance. That combination helps explain why the Grand Cherokee remains appealing to shoppers who want capability without giving up comfort and upscale features.

For 2023, the Grand Cherokee’s powertrain lineup includes a 3.6-liter V6 making 293 horsepower and 257 pound-feet of torque, and buyers could also choose the 5.7-liter Hemi V8 with 357 horsepower and 390 pound-feet of torque. The plug-in hybrid was also part of the lineup for this model year, with 375 horsepower, 470 pound-feet of torque, 25 miles of all-electric range, and 56 MPGe. Inside, higher trims are especially well equipped, with fine leather, advanced technology, Active Driving Assist, and even a front passenger entertainment screen. That breadth of equipment gives the Grand Cherokee a more upscale personality than many mainstream SUVs.

There are tradeoffs, though. Entry-level models are fairly basic and rear-wheel drive is standard, so some buyers may need to add options to get the equipment they expect. The Grand Cherokee also tends to cost more to buy and run than some non-luxury alternatives, and the plug-in hybrid and V8 versions command higher prices. Even so, for shoppers who want a midsize SUV with genuine capability, a premium cabin, and a broad range of trims, the 2023 Jeep Grand Cherokee is distinctive in a way few rivals can match.

Other model years to consider

• 2022 Jeep Grand Cherokee

  • Average price: $25,420.00
  • Good/great deal percentage: 46.9%
  • User rating: 4.86 / 5
  • Total listings: 982

• 2024 Jeep Grand Cherokee

  • Average price: $32,254.00
  • Good/great deal percentage: 48.3%
  • User rating: 5 / 5
  • Total listings: 991

• 2017 Jeep Grand Cherokee

  • Average price: $15,752.00
  • Good/great deal percentage: 42.3%
  • User rating: 4.77 / 5
  • Total listings: 336

This analysis is based on CarGurus' proprietary market data from August 11, 2026, CarGurus experts' opinions, and generative AI.