New Jeep Grand Cherokee for Sale near Balmoral, MB

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 $31,318 CAD, and its lowest point over the past year was $31,308 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. Spacious cabins, comfortable rides, and a versatile character also come up again and again in reviews.

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

The main trade-offs across recent expert-tested years centre on fuel economy, value, and some tech and refinement details, especially when you compare lower trims with better-equipped versions.

31.8% of listings are priced as good or great deals.

Are Jeep Grand Cherokee models reliable?

Owners consistently describe the Jeep Grand Cherokee as comfortable, capable, and well suited to both daily driving and weekend adventures. Across the model years in the data, reviews also point to a premium-feeling cabin, strong performance, and a versatile personality.

• 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 clean service history and a well-kept interior.

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

Key things to evaluate:

• Safety package: Active Driving 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 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 buyers who want the Grand Cherokee formula at the lowest rung.
• Laredo X: This trim also stays with the Pentastar 3.6-litre V6 and eight-speed automatic, while adding the expected step up from the base Laredo in the 2026 lineup.
• Altitude: This trim adds leatherette upholstery and sits in the middle of the range for shoppers who want a more polished cabin without moving to the upper luxury trims.
• Limited: This trim adds leatherette upholstery and is a strong value choice for buyers who want a more upscale feel while staying below the premium end of the lineup.
• 85th Anniversary: This trim adds leatherette upholstery and commemorative positioning, giving you a more distinctive mid-range choice.
• Limited Reserve: This trim adds genuine leather upholstery and is the best-value pick if you want a more premium cabin and stronger overall equipment.
• Summit: This trim adds genuine leather upholstery, available height-adjustable air suspension, a more sophisticated Quadra-Drive II 4WD system with a two-speed transfer case, 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 give you a broad mix of availability, pricing, and equipment choices. They also sit in the part of the lineup where many shoppers can find newer features without moving all the way to the highest-priced examples.

What is the Jeep Grand Cherokee's resale value?

Most model years are down year over year, which creates more room for used buyers to find value. The newer models are also seeing meaningful price movement, while a few older years are changing less sharply.

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 −12.71% versus a year ago, and the 2024 model is at −19.13%.
• Deal availability: The 2025 model has 32.2% good and great deals, and the 2024 model has 33.9%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $33,403 CAD. The Jeep Grand Cherokee offers a premium-feeling cabin, strong capability, and a versatile character that suits both commuting and weekend use.

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, and Jeep expects fuel economy as low as 8.7 litres per 100 kilometres combined.
• 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 improvements for smoother transitions between automation levels, 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 a lower average used price and more listings, while the Explorer posts a slightly higher good-and-great deal share. The Jeep also leans more clearly into off-road ability and premium-feeling versatility, while the Ford comparison points to stronger on-road performance and slightly better fuel economy.

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

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.