New Jeep Grand Cherokee L for Sale nearFranklin Lakes, NJ

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 $30,766, and over the past year that nationwide average reached a low of $30,753. 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 earns strong marks from owners across the lineup, and its appeal is anchored by an all-generations user rating of 4.8/5.

The all-generations owner rating is 4.8/5 across every model year in the data.

Owners consistently praise its stylish design, spacious interior, and comfortable ride, along with its strong engine performance and family-friendly usefulness. Reviewers also highlight the premium feel and high-tech features, especially in higher trims.

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

The main tradeoffs center on the base engine, which experts describe as underwhelming, along with an irritating transmission and some comfort concerns in the front seats.

36.6% 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, and upscale features, and expert feedback repeatedly points to its premium interior materials, great ride quality, and confident handling. That combination suggests a model that delivers a polished ownership experience when you choose carefully.

• 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 build quality, feature operation, and service history closely, 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 86.5% — always verify the vehicle history report.

Key things to evaluate:

• Safety package: Forward emergency braking, rear emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control
• Infotainment: an 8.4-inch touchscreen with wireless Apple CarPlay and Android Auto connectivity
• Fuel efficiency: 18 mpg city, 25 mpg highway, and 21 mpg combined with the V6; 14/22/17 with the V8

Which Jeep Grand Cherokee L trim should I buy?

The 2023 Jeep Grand Cherokee L offers these trims:

• Laredo: the entry point with the 8.4-inch touchscreen, 10-inch digital instrument panel, and wireless Apple CarPlay and Android Auto; best if you want the lowest-cost way into the lineup.
• Limited: adds the 10.1-inch touchscreen and navigation, making it the best-value trim for many shoppers.
• Overland: builds on the Limited with more upscale equipment and navigation, and it suits you if you want a richer cabin experience.
• Summit: adds upper-trim luxury touches, the 10.1-inch touchscreen, and available advanced tech such as night vision.
• Summit Reserve: the top trim with the most premium interior treatment, the 16-way power front seats with five massage programs, the head-up display, and Active Driving Assist.

What Jeep Grand Cherokee L do most buyers choose?

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

These higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right trim, mileage, and price combination. They also sit in the sweet spot where newer features and broader availability often overlap.

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

The table shows broad downward movement across the lineup, which is good news if you're shopping used. The largest drops are in the older and newest recent model years, while the middle of the range has been softer but more stable. That makes the current market especially appealing if you want to buy after the steepest price changes have already happened.

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 −11.52% versus a year ago, and the 2024 model is at −2.53%.
• Deal availability: The 2025 model has 36.4% good and great deals, and the 2024 model has 37.3%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $33,068. The Jeep Grand Cherokee L offers a spacious three-row cabin with a premium, family-friendly character that makes it easy to live with every day.

Consider waiting if:

• Powertrain/efficiency: The latest model pairs a 2.0-liter Hurricane 4 Turbo engine with 324 horsepower and 332 pound-feet of torque, and Jeep says it can tow 6,200 pounds and travel 506 miles on a single tank.
• Tech: The latest model adds an updated seven-slot grille, a new headlight design, revised front and rear fascias, and a freshened exterior.
• Safety: The latest model brings Active Driving Assist, a front passenger entertainment screen, and multiple available four-wheel-drive systems.
• Starting price: The vehicle starts at $42,130.

If you're buying used today, the 2024 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 November 10, 2026, CarGurus experts' opinions, and generative AI.