Jeep - Grand Cherokee (2023)

Discover the Jeep Grand Cherokee—a bold 2023 icon that promises adventure and luxury, while moving at a value that keeps you invested in both performance and smart economics. Whether you’re browsing for fresh Jeep Grand Cherokee 2023 price data, or researching past models, this guide lets you compare 2023 values, used Jeep Grand Cherokee price ranges, and even pin down what is a 2023 Jeep Grand Cherokee worth today. Dive into the specs, understand how quickly a Grand Cherokee depreciates, and learn how it stacks against its rivals in the midsize SUV market.

• Engine: 3.6‑L V6® or 3.0‑L EcoDiesel®—turbocharged, delivering 295–455 hp for spirited road performance.
• Transmission: 8‑speed automatic with manual shift options.
• Fuel type: Gasoline or diesel, depending on trim.
• Driveline: All‑Wheel Drive (AWD) as standard; front‑wheel drive variants available on entry‑level trims.
• Dimensions: Length ~196 in, width 77 in, wheel‑base 119 in—offers a roomy interior for passengers and cargo alike.
• Seating capacity: Up to seven passengers across three rows.
• Cargo space: 28.0 cu ft behind the third row, 60.0 cu ft with second row folded, 104.6 cu ft all‑the‑way‑down.
• Trim levels: Laredo, Limited, Trailhawk, Overland, Summit, S‑POD 2023 editions.
• Highlights: Advanced terrain management, built‑in adaptive suspension, integrated off‑road features.

When you ask “Jeep Grand Cherokee price?” the answer depends on the trim, options, mileage, and regional incentives. A clean 2023 Grand Cherokee can start at a low‑end MSRP around $35,000, while the luxury‑laden Summit may reach $70,000+ in the United States. Regardless of baseline, each configuration carries distinct value that’s reflected in secondary markets.

Depreciation Insights: Jeep Grand Cherokee depreciation Explained

Owners often wonder how much their vehicle might lose. Here’s a realistic snapshot for a 2023 Grand Cherokee:

• Typical first-year depreciation: 15–20% of the original value. For a $40,000 model, it may be listed for about $32,000–34,000 after one year.
• Second year: reduces by an average of 10–12%, giving a vehicle that retains roughly 76–78% of its original price.
• Subsequent years: the annual drop slows to 7–8% per year, underscoring the Grand Cherokee’s solid long‑term value retention.

When speculating on used Jeep Grand Cherokee price, remember that depreciation curves steepen first and plateau later, especially for models with higher mileage and normal wear. Certified pre‑owned programs often fetch 5% higher vouchers, reflecting warranties and services that add perceived value.

What Units: What is a 2023 Jeep Grand Cherokee worth?

While exact figures shift with market demand, the 2023 Grand Cherokee falls in the midsize‑SUV range that typically enjoys average resale values of 50–55% after five years. This benchmark is due to its robust build, extensive use of premium infotainment and comfort features, and its ability to navigate varied terrain. As a result, the 2023 model often appears on pages that compare used Jeep Grand Cherokee price listings alongside newer T‑hover categories.

Comparison Context: How Does the Grand Cherokee

---

Last 20 car trackeds