Used 2024 Jeep Grand Cherokee L for Sale nearNewmarket, ON

How much does the 2024 Jeep Grand Cherokee L cost?

Prices have softened 21.79% compared to this time last year, making it a favourable time to shop this model year.

There are 306 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 Jeep Grand Cherokee L a good car?

Yes — the 5/5 user rating points to strong owner satisfaction. The overview also shows why it appeals: you get three-row practicality, a spacious and luxuriously refined interior, and genuine Jeep capability in a family-friendly package. It sits between the standard Grand Cherokee and the larger Wagoneer and Grand Wagoneer, so you can get more space without moving all the way up to a full-size SUV. With 28.4% of listings marked as good or great deals, there is still some room to shop carefully.

Is the 2024 Jeep Grand Cherokee L reliable?

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

The overview suggests a vehicle built around proven Jeep strengths: standard four-wheel drive in Canada, available Quadra-Trac systems, and a layout that prioritises utility and comfort. For used buyers, the main long-term ownership risk is paying a premium for a vehicle that is positioned as upscale and capable, so condition and maintenance history matter.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 28.4% of listings are priced as good or great deals.
• Inventory: There are 306 listings available.
• Price trend: Prices have softened 21.79% compared with last year.

If you find a listing below $41,940 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 $42,140 CAD sits slightly below last year's $53,878 CAD.

That drop suggests future sellers may need to price competitively if market conditions stay soft. The current range also shows there is still meaningful spread between the low and high end, so trim level, mileage, and condition will likely matter a lot when you go to sell. Strong demand for a three-row SUV with Jeep branding and capability should help, but the price trend means you should not expect a quick premium unless your vehicle is especially well kept.

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:

• 28.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 21.79% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2023 if:

• At $40,993 CAD, the 2023 costs less than the current year's $42,140 CAD average.
• It delivers a comfort-focused three-row SUV with premium materials and strong ride quality.

The bottom line: The 2024 is the better pick if you want the latest pricing context and a broad used-market selection in a capable three-row SUV. If your priority is saving money, the 2023 is the smarter value play, especially if you find one in similar condition and equipment.

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 4, 2026, CarGurus experts' opinions, and generative AI.