Used 2024 Jeep Grand Cherokee L for Sale nearMarkham, ON

How much does the 2024 Jeep Grand Cherokee L cost?

Prices have softened 20.40% compared to this time last year, making it a favourable time to shop this model year.

There are 302 listings available, which gives you a solid amount of choice in the used market.

Is the 2024 Jeep Grand Cherokee L a good car?

Yes — 5/5 is a strong user rating for the 2024 Jeep Grand Cherokee L. It stands out by combining three-row practicality with Jeep capability, and it is positioned between the standard Grand Cherokee and the full-size Wagoneer and Grand Wagoneer. You also get a spacious, luxuriously refined interior, standard four-wheel drive in Canada, and a wide spread of trim levels that can suit both family use and more upscale needs.

With 29.8% of listings marked as good or great deals, there is meaningful market opportunity if you shop carefully.

Is the 2024 Jeep Grand Cherokee L reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2024 Grand Cherokee L is described as part of the first generation that began with the 2021 model year, which can help you judge its place in the market. Its appeal comes from a roomy cabin, standard four-wheel drive, and strong towing ability, while the buying guide also notes that the V6 engine lacks punch and the vehicle is pricey for the class.

For used buyers, that means long-term ownership risk is more about matching the right trim and powertrain to your needs than worrying about the model’s core appeal.

Is now a good time to buy a used 2024 Jeep Grand Cherokee L?

This looks like a moderate, selective buyer’s market, so it pays to compare listings carefully and move quickly on the best-priced examples.

• Deal availability: 29.8% of listings are priced as good or great deals.
• Inventory: There are 302 listings available.
• Price trend: Prices have softened 20.40% compared with last year.

If you find a listing below $41,932 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Jeep Grand Cherokee L's resale value?

The current average of $42,110 CAD sits slightly below last year's $52,903 CAD.

That price movement suggests the market has become more favourable for buyers, but it can also mean future sellers may face more competition when it is time to trade in or list the vehicle. A softer current price can help you buy in at a better level today, though resale strength will depend on how well the market continues to value three-row utility and premium features.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Jeep Grand Cherokee L or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 29.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 20.40% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $41,076 CAD, the 2023 costs less than the current year's $42,110 CAD average.
• It leans more toward comfort than raw capability.

The bottom line: Choose the 2024 if you want the stronger current-market mix of inventory, pricing, and buyer satisfaction. If your priority is saving a bit more upfront, the 2023 is the better value-focused alternative.

How does the 2024 Jeep Grand Cherokee L compare to the 2024 Ford Explorer?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.