Used 2024 Jeep Grand Cherokee for Sale nearToronto, ON

How much does the 2024 Jeep Grand Cherokee cost?

Prices have softened 20.65% compared to this time last year, making it a favourable time to shop this model year.

There are 593 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2024 Jeep Grand Cherokee a good car?

Yes — the 2024 Jeep Grand Cherokee earns a 5/5 user rating, which points to strong owner satisfaction. It stands out because it blends mainstream SUV usability with the kind of capability that has long defined the nameplate, while still offering a wide spread of trims from basic and affordable versions to more luxurious and pricey ones. In Canada, standard four-wheel drive and multiple 4WD systems give you flexibility if you want a premium-feeling SUV that can still handle rough conditions. With 32.5% of listings marked as good or great deals, there is also a meaningful share of market-friendly options to consider.

Is the 2024 Jeep Grand Cherokee reliable?

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

The 2024 Grand Cherokee is described as a relatively new used vehicle with a broad trim range and mainstream usability, which can help if you want something modern without stepping into a brand-new purchase. Its appeal also comes from offering serious off-road hardware alongside premium features, so you are not forced to choose between comfort and capability. For used buyers, long-term ownership risk is most likely to depend on how well the specific example was maintained and how much equipment it carries.

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

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting every listing to be a bargain.

• Deal availability: 32.5% of listings are priced as good or great deals.
• Inventory: There are 593 listings available.
• Price trend: Prices have softened 20.65% compared with last year.

If you find a listing below $42,985 CAD, that's toward the low end of the year-round range and worth acting on quickly.

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

The current average of $42,985 CAD sits slightly below last year's $54,171 CAD.

That drop suggests the market has already adjusted downward, which can make the model more attractive to you as a buyer today. For a future seller, it also means there may be less room for further price growth unless demand strengthens. If you buy well now, you may be starting from a more realistic entry point than shoppers who paid closer to last year's average.

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 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:

• 32.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 20.65% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line:

The 2024 Grand Cherokee is the better choice if you want a newer used SUV with strong owner approval, standard four-wheel drive in Canada, and a broad range of trims that can suit both practical and more upscale needs. If your priority is stretching your budget further, a nearby older year may be worth considering, but the 2024 makes the most sense when you want the latest version at a softer used-market price.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.