New Jeep Grand Cherokee L for Sale near Larder Lake, ON

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:

The Jeep Grand Cherokee L's current nationwide average price is $43,272 CAD, and its lowest point over the past year was $42,617 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 — it earns strong owner approval across the lineup and stands out for its spacious cabin, stylish design, and comfortable ride. The all-generations owner rating is 4.8/5 across every model year in the data.

Owners repeatedly praise the Jeep Grand Cherokee L for its roomy interior, premium feel, and family-friendly comfort, while also highlighting its strong engine performance and towing ability. Expert reviews echo that appeal with notes on its great handling, great ride quality, and premium interior materials.

Expert reviews rate the 2023 and 2022 models among the highest across all years.

The main trade-offs are the underwhelming base engine, the transmission behaviour, and some upper-trim pricing that pushes the vehicle into luxury territory.

30.2% 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 spaciousness, comfortable ride, stylish design, and premium-feeling cabin. The model also earns strong marks from drivers across the years in the data, which supports its reputation as a well-liked family SUV.

• 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 looks manageable if you choose carefully and verify condition, equipment, and service history before you buy.

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, plus wireless Apple CarPlay and Android Auto connectivity.
• Fuel efficiency: A Natural Resources Canada rated 13.0 litres per 100 kilometres in the city, 9.4 highway, and 11.3 combined with the V6.

Which Jeep Grand Cherokee L trim should I buy?

The 2023 Jeep Grand Cherokee L offers these trims:

• Laredo: The entry trim brings an 8.4-inch touchscreen, a 10-inch digital instrument panel, wireless Apple CarPlay and Android Auto, and a strong safety suite, making it the best-value starting point.
• Altitude: Adds the same core tech as Laredo with a more distinctive appearance and the same Uconnect 5 interface.
• Limited: Adds the larger 10.1-inch touchscreen, navigation, and more upscale cabin equipment.
• Overland: Builds on Limited with additional luxury touches and the same 10.1-inch touchscreen and navigation setup.
• Summit: Adds premium features such as the 10.1-inch touchscreen, night vision, and more advanced comfort and convenience equipment.
• Summit Reserve: The top trim adds the most luxurious cabin presentation, including the 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.

Those higher-volume years tend to be the easiest places to shop because they give you more inventory to compare and more chances to find the right trim and price. They also tend to attract the broadest mix of buyers, which helps keep selection strong.

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

Most model years in this set are down sharply year over year, which can create better opportunities for used buyers. The largest drops are in the double digits, while the smaller decline at the top end suggests some newer examples are holding closer to their prior pricing. Overall, the pattern favours shoppers looking for value in recent used inventory.

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, blind-spot monitoring, lane-departure warning, lane-keep assist, adaptive cruise control, rear park assist and emergency braking, plus front knee airbags as standard equipment.

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 −14.07% versus a year ago, and the 2024 model is at −20.4%.
• Deal availability: The 2025 model has 30.2% good and great deals, and the 2024 model has 29.8%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,110 CAD. The Jeep Grand Cherokee L offers a spacious, upscale cabin with strong road presence and family-friendly three-row packaging.

Consider waiting if:

• Powertrain/efficiency: The standard Pentastar V6 engine 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 adds a 10.1-inch touchscreen, navigation that shows full-screen maps on the instrument panel, and a passenger screen in the dash.
• Safety: The latest model adds night vision and Active Driving Assist on higher trims.
• Starting price: Base prices start 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?

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