Jeep Grand Cherokee Pricing Analysis

Pricing Analysis by Model Year

Key Insights

• Significant New-Car Premium: The 2026 Jeep Grand Cherokee is priced at $49,384, which is approximately 26.0% above its MSRP, indicating strong demand for the latest model.
• Steep Depreciation for Older Models: The 2020 model shows a decline of ~30.9% from its original MSRP, reflecting a typical depreciation trend as vehicles age.
• Best Value in Recent Models: The 2022 model is priced at $28,692, representing a 22.1% drop 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 ($25,303) is the highest among the listed cities, likely due to higher demand and lower inventory.
• Lowest Prices in Los Angeles: Los Angeles, CA ($20,646) offers the lowest average price, suggesting a more competitive market with higher inventory levels.
• Price Variability Across Cities: Cities like Chicago ($22,892) and Dallas ($23,653) show moderate pricing, indicating a balanced supply-demand dynamic.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Limited 4WD is the Most Popular Trim: With 8,777 listings, the Limited 4WD trim is the most common, indicating strong consumer preference for this configuration.
• Premium Pricing for Summit 4WD: The Summit 4WD trim commands the highest MSRP at $60,600, reflecting its luxury features and positioning in the market.
• Competitive Pricing Across Trims: The Laredo 4WD trim offers a more budget-friendly option at $40,920, appealing to cost-conscious buyers while still providing 4WD capability.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from July 16, 2026, CarGurus experts' opinions, and generative AI.