New Jeep Grand Cherokee L for Sale nearSherwood Park, AB

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 $43,122 CAD, and its nationwide average price reached a low of $42,703 CAD over the past year.

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 combines strong owner approval with a distinctive mix of space, style, and comfort that keeps coming up across model years. 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 spacious interior, stylish design, comfortable ride, and high-tech features. It also earns consistent marks for family-friendly practicality and strong towing capability.

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 the premium pricing that comes with the upper trims.

29.4% of listings are priced as good or great deals.

Are Jeep Grand Cherokee L models reliable?

Owners consistently give the Jeep Grand Cherokee L strong marks for comfort, space, styling, and everyday usability. Expert feedback also points to a refined ride, solid handling, and a cabin that feels upscale across the range.

• 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 most tied to choosing the right engine, trim, and condition, so a careful inspection and service-history review matter.

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

Key things to evaluate:

• Fuel efficiency: 4x4 models, the standard configuration in Canada, are rated 13.0 litres per 100 kilometres in the city, 9.4 highway, and 11.3 combined with the V6. The V8's ratings are 16.7 L/100 km city, 10.9 hwy, 14.1 combined.
• Infotainment: The Laredo and Altitude trims come with an 8.4-inch touchscreen and a 10-inch digital instrument panel that can switch to a carousel layout of tiled info panels.
• Safety package: Forward emergency braking, rear park assist and emergency braking, blind-spot monitoring, lane-departure warning, lane-keep assist, and adaptive cruise control are standard.

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 standard driver-assistance features.
• Altitude: This trim adds the same core tech as Laredo with a more distinctive appearance and the same Uconnect 5 setup.
• Limited: This is the best-value trim for many shoppers, adding a 10.1-inch touchscreen, navigation, and more upscale equipment.
• Overland: This trim builds on Limited with additional luxury touches and available premium features.
• Summit: This trim adds more premium cabin content, including advanced comfort and tech features.
• Summit Reserve: This top trim brings the most luxurious equipment, including the richest interior materials and the most premium available features.

What Jeep Grand Cherokee L do most buyers choose?

The Jeep Grand Cherokee L years with the most listings are 2024, 2023, and 2025.

Higher-volume years tend to attract more shoppers because they usually offer a stronger mix of selection, pricing, and deal availability. That makes them easier starting points when you want to compare trims and find the right balance of features and value.

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

The table shows broad downward movement across the model range, which can work in your favour if you're shopping used. The largest drops are concentrated in the newer model years, while the 2023 model shows the smallest decline in the group.

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 standard forward 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 −16.68% versus a year ago, and the 2024 model is at −21.79%.
• Deal availability: The 2025 model has 27.9% good and great deals, and the 2024 model has 28.4%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $42,140 CAD. The Jeep Grand Cherokee L offers a spacious, upscale cabin that makes it especially appealing for families and long trips.

Consider waiting if:

• Powertrain/efficiency: The 3.6-litre Pentastar groans and grinds its way to 293 horsepower and 260 pound-feet of torque, while the 5.7-litre Hemi V8 delivers 357 horsepower and 390 pound-feet.
• Tech: The 2023 model brings an 8.4-inch touchscreen, a 10-inch digital instrument panel, and wireless Apple CarPlay and Android Auto connectivity.
• Safety: The latest model adds a Top Safety Pick+ result for models built after May 2023, along with reinforced side-impact performance.

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 4, 2026, CarGurus experts' opinions, and generative AI.