Used Jeep Grand Cherokee for Sale nearPeterborough, ON

How much does the Jeep Grand Cherokee cost in today's market?

Used Jeep Grand Cherokee prices span a wide range depending on model year. Here's what the market looks like right now:

The Jeep Grand Cherokee's current nationwide average price is $31,284 CAD, and its lowest point over the past year was $31,284 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Jeep Grand Cherokee a good car?

Yes — the Jeep Grand Cherokee is a strong choice if you want a used SUV that blends comfort, capability, and a premium feel.

The all-generations owner rating is 4.5/5 across every model year in the data.

Owners consistently praise its luxurious interiors, strong performance, and off-road capability. They also frequently highlight its spaciousness and comfort, along with the upscale feel that comes through in higher trims.

Expert reviews rate the 2022 and 2021 models among the highest across all years.

The main trade-offs that come up most often are fuel economy, value for money on some newer versions, and the cost of stepping into the most advanced trims. Even so, the Grand Cherokee’s broad trim range and strong all-around character make it appealing if you want a versatile SUV with real personality.

32.0% of listings are priced as good or great deals.

Are Jeep Grand Cherokee models reliable?

Owners across the model range consistently praise the Grand Cherokee for its comfort, strong performance, and upscale feel. Expert feedback also points to its broad capability and premium character, especially when you choose a well-equipped version.

• Owners rate the Jeep Grand Cherokee between 4.4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is worth weighing carefully on older examples, especially if you want a vehicle with a cleaner maintenance history and fewer age-related repair concerns.

What should I look for when buying a used Jeep Grand Cherokee?

Key things to evaluate:

• Safety package: Active Drive Assist, adaptive cruise control, automatic emergency braking, lane keep assist, lane departure warning, blind spot monitoring, rear cross-traffic alert, and rear parking sensors.
• Infotainment: Uconnect 5 infotainment with wireless Apple CarPlay and Android Auto, plus a larger 12.3-inch touchscreen on higher trim levels.

Which Jeep Grand Cherokee trim should I buy?

The 2026 Jeep Grand Cherokee offers these trims:

• Laredo: The entry trim keeps the Pentastar 3.6-litre V6, eight-speed automatic, and standard 4WD, making it the starting point for shoppers who want the Grand Cherokee’s core capability.
• Laredo X: This trim also uses the Pentastar 3.6-litre V6 and eight-speed automatic, while adding the expected Grand Cherokee hardware and features beyond the base Laredo.
• Altitude: This trim is expected to add leatherette upholstery and the Hurricane 4 Turbo engine, making it a strong value pick for buyers who want more equipment without moving to the upper end of the range.
• Limited: This trim is expected to bring leatherette upholstery and the Hurricane 4 Turbo, giving you a more upscale cabin and stronger standard power.
• 85th Anniversary: This trim is expected to add leatherette upholstery and the Hurricane 4 Turbo, with a commemorative step up in equipment and presentation.
• Limited Reserve: This trim is expected to add genuine leather upholstery and the Hurricane 4 Turbo, making it a good fit if you want a more premium interior.
• Summit: This trim is expected to add genuine leather upholstery, the Hurricane 4 Turbo, height-adjustable air suspension, a more sophisticated Quadra-Drive II 4WD system, and the most upscale equipment in the lineup.

What Jeep Grand Cherokee do most buyers choose?

The Jeep Grand Cherokee years with the most listings are 2022, 2020, and 2021.

These higher-volume years tend to be popular because they sit in a sweet spot between newer features and more accessible pricing. They also give you more listings to compare, which can improve your chances of finding the right trim and condition.

What is the Jeep Grand Cherokee's resale value?

Most model years show clear year-over-year price declines, which can work in your favour if you’re shopping used. The newer years are also moving down, though some recent models are falling less sharply than older ones. One model year is edging up slightly, but the overall pattern still points to softer prices across much of the range.

The 2014, 2023, and 2022 model years have held their value best, with the smallest year-over-year price changes.

Is the Jeep Grand Cherokee safe?

• 2026: 6/10
• 2022: 9/10
• 2021: 4/10
• 2020: 3/10

For the safest used buy, the 2022 model posts the highest confirmed score of 9/10.

Should I buy a used Jeep Grand Cherokee now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −13.06% versus a year ago, and the 2024 model is at −18.35%.
• Deal availability: The 2024 model has 34.3% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $33,494 CAD. The Jeep Grand Cherokee offers a strong mix of comfort, capability, and a premium-feeling cabin. Consider waiting if:
• Powertrain/efficiency: The latest model pairs a Hurricane 4 Turbo with 324 horsepower and 332 pound-feet of torque, while the Pentastar V6 produces 293 hp and 260 lb-ft of torque.
• Tech: The latest model adds a larger 12.3-inch touchscreen on higher trims, wireless Apple CarPlay and Android Auto, and a 10.2-inch front-passenger touchscreen on the Summit.
• Safety: The latest model adds Active Drive Assist with improved behaviour, along with standard adaptive cruise control, automatic emergency braking, lane keep assist, lane departure warning, blind spot monitoring, rear cross-traffic alert, and rear parking sensors.
• Starting price: The Laredo trim starts at $59,995 CAD.

If you're buying used today, the 2022 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2022 Jeep Grand Cherokee compare to the 2022 Ford Explorer?

Our experts score the 2022 Jeep Grand Cherokee 8/10 and the 2022 Ford Explorer 7.5/10. The Grand Cherokee brings stronger used-market value and more listings, while the Explorer offers slightly better fuel economy and a bit more power from its base engine. If you want the better deal and a more distinctive premium-off-road character, the Jeep is the stronger pick; if you want a more road-focused family SUV, the Ford is worth a look.

Read our full side-by-side expert comparison here.

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