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Jeep

Jeep - Grand Cherokee (2021)

The 2021 Jeep Grand Cherokee has long been a staple of the midsize SUV segment, offering a blend of off‑road capability, premium comfort, and robust technology. Whether you’re exploring the latest features or evaluating a used model, the Jeep Grand Cherokee price varies by trim, mileage, and location, but the vehicle’s value proposition remains clear across the market.

  • Engine: • 3.6L V6 EcoDiesel – up to 400 hp
    • 3.6L V6 – up to 295 hp (often the most widely discussed in pricing discussions)
  • Transmission: 8‑speed automatic that balances torque delivery with efficiency
  • Fuel Type: Gasoline or diesel options; diesel variants see higher depreciation due to reduced demand in some regions
  • Dimensions: Length: ~193 in; Width: 78 in; Height: 69 in; Wheelbase: 114.5 in
  • Drivetrain: Standard 4WD with Electronic Traction Control for all‑terrain confidence
  • Technology: Uconnect® 5.0 infotainment, advanced driver‑assist suites (Adaptive Cruise Control, Blind‑Spot Monitoring, etc.)
  • Interior Quality: Premium leather upholstery, heated/ventilated seats, and optional panoramic roof enhance luxury appeal
  • Safety Ratings: 5‑star NHTSA and 5‑star IIHS overall safety, supporting a strong resale value narrative
  • Warranty: 4‑year/50,000‑mile coverage; 6‑year/70,000‑mile powertrain
  • Trim Levels: Sport, Overland, Summit, Limited, and Grand Cherokee L (extended 3‑row there is an increased interest in pricing discussions)

Jeep Grand Cherokee depreciation is a key factor for both new buyers and used car shoppers. Industry averages indicate:

  • First year: 15‑20% of the original MSRP / market price, depending on trim and mileage
  • Second year: 10‑15% additional depreciation, totaling roughly 25‑30% from the original value
  • By the third year: 35‑40% drop in value relative to the original vehicle price; strong demand for used units can slightly mitigate this

This pattern is consistent across all trims. For example, a showroom new Jeep Grand Cherokee 2021 price might start around the mid‑$40,000 range for base options, but a similar model on the used market will be marketed at a percentage lower, reflecting the above depreciation curve. Buyers often get a superior “deal” when evaluating vehicles that have experienced the typical first‑year loss—especially if they have adequate warranties or low mileage.

What is a 2021 Jeep Grand Cherokee worth suggests that these depreciation expectations can help structure a realistic budget. While you’ll see slogans like “% off” in classifieds, the most dependable price statement comes from a combination of an individual vehicle’s condition, mileage, and history.

Compared to similar models, the Grand Cherokee consistently maintains a higher perceived value: