New Jeep Grand Cherokee L for Sale nearCherry Valley, AR

How much does the Jeep Grand Cherokee L cost in today's market?

Used Jeep Grand Cherokee L prices span a wide range depending on model year. Here's what the market looks like right now:

The Jeep Grand Cherokee L's current nationwide average price is $31,126, and its nationwide average price reached a low of $30,770 over the past year. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Jeep Grand Cherokee L a good car?

Yes — the Jeep Grand Cherokee L is a strong choice if you want three-row space, a stylish cabin, and a premium-feeling SUV with Jeep character. The all-generations owner rating is 4.8/5 across every model year in the data.

Owners consistently praise its spacious interior, stylish design, comfortable ride, and strong engine performance. They also highlight its high-tech features and family-friendly usefulness, especially for long trips.

Expert reviews rate the 2023 and 2022 models among the highest across all years.

The main trade-offs center on the base engine, which experts describe as underwhelming, along with an irritating transmission and some comfort and detail concerns in the cabin.

34.7% of listings are priced as good or great deals.

Are Jeep Grand Cherokee L models reliable?

Owners consistently give the Jeep Grand Cherokee L strong marks for comfort, space, style, and everyday usefulness. Expert feedback also points to a solid chassis, premium interior materials, and strong handling as recurring strengths.

• Owners rate the Jeep Grand Cherokee L between 4.3 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by checking service history, build quality, and how the vehicle was maintained, especially on higher-mileage examples.

What should I look for when buying a used Jeep Grand Cherokee L?

Across all model years, accident-free inventory is solid at 87.8% — always verify the vehicle history report.

Key things to evaluate:

• Fuel efficiency: The V6 is EPA rated at 18 mpg city, 25 mpg highway, and 21 mpg combined with the V6, while the V8's ratings are 14/22/17.

Which Jeep Grand Cherokee L trim should I buy?

The 2023 Jeep Grand Cherokee L offers these trims:

• Laredo: The entry trim brings the 8.4-inch touchscreen, 10-inch digital instrument panel, and wireless Apple CarPlay and Android Auto, making it the value-focused starting point.
• Altitude: Adds the same core tech as Laredo while pairing it with a more upscale appearance and the same Uconnect 5 setup.
• Limited: Adds the 10.1-inch touchscreen, navigation, and more advanced convenience and safety content, making it the best-value trim for many shoppers.
• Overland: Builds on Limited with the larger touchscreen and navigation, plus more premium equipment and available driver-assist content.
• Summit: Adds the 10.1-inch touchscreen, navigation, night vision availability, and a more luxurious cabin presentation.
• Summit Reserve: Tops the lineup with the most upscale interior treatment and standard Active Driving Assist.

What Jeep Grand Cherokee L do most buyers choose?

The Jeep Grand Cherokee L years with the most listings are 2022, 2023, and 2024.

Those higher-volume years tend to be popular because they give you the broadest mix of listings, pricing, and deal opportunities. They also sit in the sweet spot where you can compare more examples without moving too far up in price.

What is the Jeep Grand Cherokee L's resale value?

Most model years in this set are down year over year, which is good news if you want to buy used after the sharpest price drops have already happened. The biggest declines are concentrated in the older and newer ends of the range, while the middle years show smaller moves. That pattern gives you several used-buying options with meaningful savings versus prior pricing.

The 2024, 2023, and 2025 model years have held their value best, with the smallest year-over-year price changes.

Is the Jeep Grand Cherokee L safe?

• 2023: 9/10
• 2022: 8/10
• 2021: 8/10

The 2023 Grand Cherokee L includes forward emergency braking, rear emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control as standard equipment.

For the safest used buy, the 2023 model posts the highest confirmed score of 9/10.

Should I buy a used Jeep Grand Cherokee L now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −9.88% versus a year ago, and the 2024 model is at −2.18%.
• Deal availability: The 2025 model has 33% good and great deals, and the 2024 model has 35.5%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $27,342. The Jeep Grand Cherokee L offers a spacious, upscale cabin with strong family-friendly appeal and the kind of premium feel that helps it stand out in the three-row SUV class.

Consider waiting if:

• Powertrain/efficiency: The latest model pairs a 2.0-liter Hurricane 4 Turbo with 324 horsepower and 332 pound-feet of torque, and Jeep claims best-in-class towing of 6,200 pounds and a best-in-class driving range of 506 miles on a single tank.
• Tech: The latest model adds a standard 10.1-inch infotainment screen on Laredo and Laredo X, plus Active Driving Assist and a front passenger entertainment screen on higher trims.
• Safety: The latest model adds Active Driving Assist on the Summit Reserve and includes updated driver-assist content on higher trims.
• Starting price: The vehicle starts at $42,130.

If you're buying used today, the 2022 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2023 Jeep Grand Cherokee L compare to the 2023 Ford Explorer?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.