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Jeep

Jeep - Grand Cherokee 4xe (2023)

Discover the all‑new 2023 Jeep Grand Cherokee 4xe—a plug‑in hybrid that blends rugged off‑road heritage with electrified efficiency. The 2023 model brings fresh styling, advanced tech, and an impressive powertrain that redefines what a midsize SUV can offer. Whether you’re curious about the Jeep Grand Cherokee 4xe price, comparing it to the 2024 release, or exploring the market value of a used 2023 Grand Cherokee 4xe, this guide gives you a comprehensive snapshot of what drives the vehicle’s worth.

Below you’ll find an easy‑to‑read checklist of key specifications, a realistic look at Jeep Grand Cherokee 4xe depreciation, a comparison with similarly equipped models, and a statement on its positioning in today’s market. Let’s dive in.

Key Specifications

  • Engine & Power. 2.0‑liter turbo‑charged inline‑4 paired with an electric motor produces 375 hp and 470 lb‑ft of torque—ready for spirited drives or tough terrain.
  • Transmission. 8‑speed automatic that seamlessly blends internal combustion and electric torque.
  • Hybrid Battery. 17‑kWh lithium‑ion pack supplying a combined pure‑electric range of up to 45 mi on a single charge (EPA).
  • Fuel Type. Plug‑in hybrid – gasoline plus battery‑electric drive.
  • Dimensions. Length: 186.1 in; Width: 75.8 in; Height: 68.5 in; Wheelbase: 107.3 in.
  • Weight. Curb weight starts around 4,200 lb.
  • All‑Wheel Drive. Standard 4WD with selectable modes for on‑road and off‑road conditions.
  • Interior & Comfort. Upscale materials, optional second‑row seats, advanced infotainment (10‑in. touchscreen, Apple CarPlay, Android Auto). Capacity: 5 passengers.
  • Towing Capability. Up to 7,200 lb with proper package.
  • Safety Tech. Advanced Driver Assistance Systems (ADAS) including adaptive cruise control, lane‑keeping assist, and the Jeep Command Center.

Depreciation Outlook

Jeep Grand Cherokee 4xe depreciation follows a pattern similar to other mid‑size, high‑value SUVs. Early cycle attrition is typical: a 2023 hybrid Jaguar‑style vehicle can expect to lose roughly 15‑20% of its initial value during the first year. Over the next two years, depreciation slows to 10‑12% per annum, with the rate tapering off to about 5‑8% each subsequent year as the vehicle ages beyond five years.

In the used‑car market, a 2023 Grand Cherokee 4xe can command around 60–70% of a brand‑new vehicle’s price after two years, assuming near‑normal mileage (10,000 – 15,000 mi) and solid maintenance history. Brands that blend performance and advanced EV‑tech typically see a steadier resale value compared to pure combustion rivals.

What is a 2023 Jeep Grand Cherokee 4xe Worth?

On the used market, the used Jeep Grand Cherokee 4xe price is influenced by condition, mileage, and trim. Even before considering refurbishment, a 2023 model generally retains around 70% of its original price, reflecting strong demand for new hybrid SUVs. For reference, an average MSRP for a new 2023 Grand Cherokee 4xe was roughly $55,000. Thus, a well‑maintained, low‑mileage 2023 used will typically price between $38,000 and $42,000, depending on region and specific waxing options.

When you ask the market question, what is a 2023 Jeep Grand Cherokee 4xe worth, a quick glance at current listings across the United States indicates most sellers list their vehicles within the $40k range, inclusive of dealer-installed accessories and after‑sales warranty options.

Comparative Context

When evaluated alongside similar plug‑in hybrids, the Grand Cherokee 4xe stands out for its unique combination of off‑road prowess and electric efficiency. For instance: