New Jeep Grand Cherokee L for Sale nearMerchantville, 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 $31,039, and its lowest point over the past year was $30,767. 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 pick if you want a three-row SUV with style, space, and a premium feel. 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. The model also stands out for its high-tech features and family-friendly character.

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

The main tradeoffs are the base engine's weaker response, the transmission's behavior, and some comfort and interior-detail concerns on certain versions.

38.1% of listings are priced as good or great deals.

Are Jeep Grand Cherokee L models reliable?

Owners consistently praise the Jeep Grand Cherokee L for its comfortable ride, spacious cabin, stylish design, and high-tech features. Expert feedback also points to strong handling and premium interior materials 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 condition carefully and focusing on well-maintained examples with a clean history.

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:

• 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 a 10-inch digital instrument panel, plus wireless Apple CarPlay and Android Auto connectivity
• Fuel efficiency: 18 mpg city, 25 mpg highway, and 21 mpg combined with the V6

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; a smart starting point if you want the core Grand Cherokee L experience.
• Altitude: adds the same tech foundation with a more upscale presentation, making it a good value if you want extra style without moving too far up the lineup.
• Limited: brings the 10.1-inch touchscreen, navigation, and available front cross-traffic braking, backup camera washer, and 360-degree cameras; this is the best-value trim for many shoppers.
• Overland: adds the 10.1-inch touchscreen, navigation, and available front cross-traffic braking, backup camera washer, and 360-degree cameras, with a more premium overall feel.
• Summit: adds night vision and the 10.1-inch touchscreen, along with the more luxurious upper-trim cabin treatment.
• Summit Reserve: adds Active Driving Assist, night vision, and the most advanced equipment in the lineup for buyers who want the most fully featured version.

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 the most popular used picks because they give you more inventory to compare and more chances to find the right trim, mileage, and price. They also sit in the sweet spot where supply is strong and deal percentages remain competitive.

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

Most model years are down year over year, which is good news if you're shopping used and want to benefit from softer pricing. The biggest drops are in the older years, while the newer recent-model years are easing more gradually. That pattern gives you several opportunities to find value across the lineup.

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 −9.74% versus a year ago, and the 2024 model is at −2.13%.
• Deal availability: The 2025 model has 37% good and great deals, and the 2024 model has 39.2%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $33,376. The Jeep Grand Cherokee L offers a roomy, upscale cabin with a strong blend of family practicality and Jeep character.

Consider waiting if:

• Powertrain/efficiency: The latest model pairs a 2.0-liter Hurricane 4 Turbo engine rated at 324 horsepower and 332 pound-feet of torque with 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 models, plus new trims and fresh wheel designs.
• Safety: The latest model adds Active Driving Assist on higher trims.
• 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 October 27, 2026, CarGurus experts' opinions, and generative AI.