Jeep Grand Cherokee Pricing Analysis

Pricing Analysis by Model Year

Key Insights

• Significant New-Car Premium: The 2026 Jeep Grand Cherokee is priced at $49,641, which is approximately 27.5% above its MSRP, indicating strong demand for the latest model.
• Steep Depreciation for Older Models: The 2020 model shows a decline of ~32.1% from its original MSRP, reflecting a typical depreciation trend as vehicles age.
• Best Value in Recent Models: The 2022 model is priced at $27,993, representing a ~24.0% decrease from MSRP, making it a potentially attractive option for buyers seeking value.

Model Year Pricing

Pricing by Popular US Cities

Market Area: Nationwide

Key Insights

• Highest Prices in Philadelphia: The average price in Philadelphia, PA ($24,798) is the highest among the listed cities, likely due to higher demand and lower inventory.
• Best Value in Los Angeles: Los Angeles, CA ($19,990) offers the lowest average price, suggesting a more competitive market or higher inventory levels.
• Inventory Variation: Cities like New York, NY (1,520 listings) and Chicago, IL (1,218 listings) have substantial inventory, which may contribute to more stable pricing around the national average.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Limited 4WD is the Most Common Trim: With 8,865 listings, the Limited 4WD trim is the most prevalent, indicating strong consumer preference for this configuration.
• Premium Pricing for Summit 4WD: The Summit 4WD trim, priced at $60,600, represents the highest MSRP, reflecting its luxury features and positioning in the market.
• Competitive Pricing Across Trims: The Laredo RWD trim, with an MSRP of $38,920, offers a more budget-friendly option while still providing essential features.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from August 6, 2026, CarGurus experts' opinions, and generative AI.