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New Jeep Grand Cherokee L for Sale near Baine Harbour, NL
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How much does the Jeep Grand Cherokee L cost in today's market?
Used Jeep Grand Cherokee L prices span a wide range depending on model year. Here's what the market looks like right now:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $60,428 CAD | $60,428 CAD – $72,490 CAD |
| 2024 | $42,023 CAD | $42,002 CAD – $54,269 CAD |
| 2023 | $40,686 CAD | $40,685 CAD – $46,141 CAD |
| 2022 | $36,375 CAD | $36,375 CAD – $46,187 CAD |
| 2021 | $33,708 CAD | $33,708 CAD – $41,047 CAD |
The Jeep Grand Cherokee L's current nationwide average price is $43,501 CAD, and its lowest point over the past year was $42,778 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 L a good car?
Yes — the Jeep Grand Cherokee L is a strong pick if you want a three-row SUV with a premium cabin, roomy packaging, and a distinctly upscale feel. The all-generations owner rating is 4.8/5 across every model year in the data.
Owners consistently praise its spacious interior, stylish design, comfortable ride, and strong engine performance. Reviewers also highlight the high-tech features and family-friendly character, which help the Grand Cherokee L stand out as a more refined and versatile SUV.
Expert reviews rate the 2023 and 2022 models among the highest across all years.
The main trade-offs are the underwhelming base engine, the irritating transmission, and the price premium versus many rivals. 29.8% of listings are priced as good or great deals.
Are Jeep Grand Cherokee L models reliable?
Owners and experts consistently praise the Jeep Grand Cherokee L for its spacious cabin, comfortable ride, stylish design, and strong overall capability. The model also earns repeat praise for its premium feel and family-friendly character.
- Owners rate the Jeep Grand Cherokee L between 4.3 and 5 out of 5 stars across all model years in the data.
For used buyers, long-term ownership risk is best managed by checking service history, build details, and the condition of high-use features such as the drivetrain, electronics, and interior trim.
What should I look for when buying a used Jeep Grand Cherokee L?
Key things to evaluate:
- Safety package: Forward emergency braking, rear park assist and emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control.
- Infotainment: An 8.4-inch touchscreen with Uconnect 5, wireless Apple CarPlay and Android Auto, and a 10-inch digital instrument panel.
- Fuel efficiency: 13.0 litres per 100 kilometres in the city, 9.4 highway, and 11.3 combined with the V6; 16.7 L/100 km city, 10.9 hwy, 14.1 combined with the V8.
Which Jeep Grand Cherokee L trim should I buy?
The 2023 Jeep Grand Cherokee L offers these trims:
- Laredo: The entry trim brings the 8.4-inch touchscreen, 10-inch digital instrument panel, wireless Apple CarPlay and Android Auto, three-zone climate control, and a broad set of driver-assistance features. It suits you if you want the core Grand Cherokee L experience with strong everyday equipment.
- Altitude: This trim adds a more distinctive appearance and keeps the same Uconnect 5 tech foundation, making it a good-value step up if you want extra style without moving far up the range.
- Limited: This trim adds the 10.1-inch touchscreen and navigation, along with more comfort and convenience equipment. It is the best-value choice for many shoppers because it balances features and price well.
- Overland: This trim adds more luxury and capability-focused equipment, including the larger touchscreen and navigation, and suits you if you want a more premium feel.
- Summit: This trim adds higher-end comfort and technology, including night vision availability and more upscale cabin appointments.
- Summit Reserve: This trim adds the most luxurious presentation, including 16-way power front seats with five massage programs, a head-up display, and the most premium interior treatment.
What Jeep Grand Cherokee L do most buyers choose?
The Jeep Grand Cherokee L years with the most listings are 2024, 2023, and 2025.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2024 | 316 | 27.8% |
| 2023 | 309 | 32.4% |
| 2025 | 262 | 28.6% |
| 2022 | 241 | 31.1% |
| 2021 | 166 | 34.3% |
| 2026 | 114 | 22.8% |
Higher-listing model years tend to attract more shoppers because they give you more inventory to compare, which can make it easier to find the right trim, colour, and price. They also usually represent the broadest mix of used examples on the market.
What is the Jeep Grand Cherokee L's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2024 | $42,023 CAD | −22.57% |
| 2022 | $36,375 CAD | −21.24% |
| 2021 | $33,708 CAD | −17.88% |
| 2025 | $60,428 CAD | −16.58% |
| 2023 | $40,686 CAD | −11.7% |
The table shows broad downward movement across the model years listed, which can work in your favour if you are shopping used. The largest drops are in the double digits, so recent examples have become meaningfully more affordable. The smaller decline on the 2023 model suggests it has softened less than the others in this set.
The 2023, 2025, and 2021 model years have held their value best, with the smallest year-over-year price changes.
Is the Jeep Grand Cherokee L safe?
- 2023: 9/10
- 2022: 8/10
The 2023 Grand Cherokee L includes Forward emergency braking, rear park assist and emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control.
For the safest used buy, the 2023 model posts the highest confirmed score of 9/10.
Should I buy a used Jeep Grand Cherokee L now or wait for the next model?
Buy now if:
- Price trend: The 2025 model is at −16.58% versus a year ago, and the 2024 model is at −22.57%.
- Deal availability: The 2025 model has 28.6% good and great deals, and the 2024 model has 27.8%.
- Sweet-spot year: The 2024 model has the most listings at a current average price of $42,023 CAD. The Jeep Grand Cherokee L offers a spacious, upscale cabin that makes it especially appealing for families who want three-row practicality with a premium feel.
Consider waiting if:
- Powertrain/efficiency: The standard Pentastar V6 reaches 293 horsepower and 260 pound-feet of torque, while the optional 5.7-litre Hemi V8 delivers 357 horsepower and 390 pound-feet.
- Tech: The latest model brings an 8.4-inch touchscreen, a 10-inch digital instrument panel, wireless Apple CarPlay and Android Auto, and a 10.1-inch touchscreen on upper trims.
- Safety: The latest model adds or improves driver-assistance coverage with forward emergency braking, rear park assist and emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control.
- Starting price: The vehicle starts at $57,045 CAD.
If you're buying used today, the 2024 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 2023 Jeep Grand Cherokee L compare to the 2023 Ford Explorer?
| Spec | 2023 Jeep Grand Cherokee L | 2023 Ford Explorer |
|---|---|---|
| Starting MSRP | $41,535 CAD | $36,760 CAD |
| Engine | 3.6L 293 hp V6 | 2.3L 300 hp I4 |
| MPG/MPGe (city) | 19 | 21 |
| MPG/MPGe (highway) | 26 | 28 |
| Average used price | $40,686 CAD | $38,406 CAD |
| Listings available | 309 | 441 |
| Good & great deal share | 32.4% | 35.4% |
These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.
4.8 Overall rating
Customers say
The Jeep Grand Cherokee L has received favorable feedback from drivers over its various model years. Owners appreciate its stylish design, spacious interior, and powerful engine performance, making it a great option for families and long trips. Many highlight the comfortable ride and high-tech features as significant positives. However, some common concerns include the lack of wireless charging, comfort issues with front seats, and certain missing features like a sunroof. Overall, it stands out for its luxury and performance, though some drivers wish for better acceleration and more attention to detail in the interior design.
AI generated from the text of customer reviews.
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What people say
Dan S
Reviewed a 2024 Jeep Grand Cherokee L on Jul 2, 2026
Awesome vehicle. Bigger, safe, quiet and smooth ride, great 4x4 if needed.
Teresa O
Reviewed a 2024 Jeep Altitude X 4WD on Jan 25, 2025
Love the Grand Cherokee and all the features. It drives great, it gets good gas mileage, and it has a large gas tank. It has tons of extras like the adjustable seats, heated seats that are adjustable, and it is got lots of space to move around and pack it for a long trip.
Jeep Grand Cherokee L Trims
| Trim type | MSRP |
|---|---|
| 2026 85th Anniversary Edition 4WD | $52,415 |
| 2026 Summit 4WD | $62,600 |
| 2026 Limited Reserve 4WD | $53,915 |
| 2026 Limited 4WD | $48,320 |
| 2026 Laredo 4WD | $42,920 |
| 2026 Laredo X 4WD | $45,415 |
| 2026 Altitude 4WD | $48,360 |
Jeep Grand Cherokee L Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
See more price trendsJeep Grand Cherokee L Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2027 model year shows a significant average price of $66,172 CAD, indicating a 58.6% premium over its starting MSRP.
- Steepest Depreciation: The 2022 model year has experienced the steepest depreciation at -31.5%, suggesting a rapid decline in value.
- Years Priced Above Starting MSRP: The 2027, 2026, and 2025 model years are priced above their starting MSRPs, reflecting strong demand for newer models.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2027 | $41,730 CAD | $66,172 CAD | +58.6% |
| 2026 | $40,920 CAD | $47,923 CAD | +17.1% |
| 2025 | $39,635 CAD | $39,939 CAD | +0.8% |
| 2024 | $40,035 CAD | $34,337 CAD | -14.2% |
| 2023 | $41,535 CAD | $30,620 CAD | -26.3% |
| 2022 | $40,325 CAD | $27,634 CAD | -31.5% |
| 2021 | $37,580 CAD | $25,803 CAD | -31.3% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Ottawa, ON leads with an average price of $45,225 CAD, indicating a premium market for the Jeep Grand Cherokee L.
- Best Value: Halifax, NS offers the lowest average price at $33,199 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON has the most listings at 141, suggesting a robust market presence and potentially better pricing stability.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 141 | $40,565 CAD |
| Calgary, AB | 96 | $44,998 CAD |
| Edmonton, AB | 96 | $42,875 CAD |
| Montreal, QC | 90 | $40,643 CAD |
| Ottawa, ON | 87 | $45,225 CAD |
| London, ON | 85 | $39,186 CAD |
| Vancouver, BC | 48 | $41,833 CAD |
| Quebec, QC | 48 | $42,922 CAD |
| Winnipeg, MB | 40 | $37,239 CAD |
| Halifax, NS | 13 | $33,199 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The Limited 4WD trim has the highest inventory with 214 listings, indicating strong consumer interest.
- Premium Spread: The Summit 4WD trim, priced at $62,600 CAD, reflects a significant premium compared to the Laredo 4WD at $42,920 CAD, highlighting a diverse pricing strategy across trims.
- Drivetrain Effect: All trims listed feature a 4X4 drivetrain, which may appeal to buyers seeking off-road capabilities.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Limited 4WD | 214 | $48,320 CAD | 4X4 | 2.0L 324 hp I4 |
| Altitude 4WD | 88 | $48,360 CAD | ||
| Summit 4WD | 55 | $62,600 CAD | 4X4 | 2.0L 324 hp I4 |
| Laredo 4WD | 31 | $42,920 CAD | 4X4 | 3.6L 293 hp V6 |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.















