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Does the Jeep Grand Cherokee hold its value?

A Jeep Grand Cherokee will depreciate 51% after 5 years and have a 5 year resale value of $23,561. The Jeep Grand Cherokee does an OK job of holding its value, but it’s not great. … Our depreciation calculator will predict an expected resale value for the Jeep Grand Cherokee.

In respect to this, Do Jeep Grand Cherokees last long?

It’s a durable car, it’s well built, and it’s designed with longevity in mind. So, unlike luxury sports cars that cycle out of style by the time the new one comes out, a Jeep Grand Cherokee can last you up to two decades (while staying in style, too).

Furthermore, Is a Jeep Grand Cherokee a good buy?

The 2021 Jeep Grand Cherokee is a good SUV in a class of all-stars. The Grand Cherokee has a quality interior, it’s very capable off road, and it can tow heavy loads with ease. Its infotainment system is user-friendly as well. … All in all, the Grand Cherokee is a good option, just not a top pick.

Additionally, What should I pay for a 2021 Jeep Grand Cherokee?

The 2021 Jeep Grand Cherokee SUV has a Manufacturer’s Suggested Retail Price (MSRP) of $32,350 for a 2-wheel-drive Laredo model. Add the $1,495 destination charge and it comes to $33,845. Limited trim starts in the low 40s. The Trailhawk starts at $46,850; a luxury-oriented Summit begins just under $55,000.

What SUV holds its value best? SUVs With the Highest Resale Value for 2021

  • Jeep Wrangler – 84.1 Percent Retained Value.
  • Toyota 4Runner – 68.1 Percent Retained Value.
  • Subaru Crosstrek – 62.3 Percent Retained Value.
  • Porsche Macan- 60.5 Percent Retained Value.
  • Lexus NX300h- 58.1 Percent Retained Value.
  • Subaru Forester- 56.8 Percent Retained Value.

21 Related Questions Answers Found

What is high mileage for a Jeep Grand Cherokee?

What is high mileage for a Jeep Grand Cherokee? Anything over 300,000 miles is considered high mileage for the Jeep Grand Cherokee. They will typically last around 200,000 miles, although some owners have reported that they are still driving this model SUV after the odometer has turned over 300,000.

What problems do Jeep Cherokees have?

While the fifth generation (2014-2020) of the Jeep Cherokee is known for its transmission problems, the 2014 and 2015 models are said to be the most problematic. These models suffer from stuck gears, poor throttle response, and rough coasting.

Which Jeep Grand Cherokee model is the best?

Key Features

With its uncompromising grit and power, the 2020 Jeep Grand Cherokee Trackhawk is the highest trim in the lineup, starting at $87,095 MSRP. Includes the majority of SRT® features, plus: Supercharged 6.2L V8 engine. Up to 707 HP and 645 lb.

Why are Jeeps so unreliable?

One of the most noticeable areas in which the Jeep Wrangler received a low reliability rating is its in-car electronics. Technical issues can lead to shockingly pricey maintenance and days without your vehicle while it spends time in the mechanic’s garage.

Which Jeep is most reliable?

The Grand Cherokee is, by far, the Jeep with the highest road test score thanks to its accomplished ride, handling, seat comfort and easy controls. Reliability is a mixed bag across the brand.

What is the best Jeep Grand Cherokee model to buy?

Key Features

With its uncompromising grit and power, the 2020 Jeep Grand Cherokee Trackhawk is the highest trim in the lineup, starting at $87,095 MSRP. Includes the majority of SRT® features, plus: Supercharged 6.2L V8 engine. Up to 707 HP and 645 lb.

Why are Jeep Grand Cherokees so expensive?

They are expensive due to the fact that it is widely considered the most capable off-road vehicle available on the market today. This model is also a blank slate for those who enjoy making alterations and customization for their vehicle, with Jeep offering numerous variations of the Wrangler for purchase.

Are Jeep Grand Cherokees expensive to maintain?

Jeep Grand Cherokee Maintenance Costs

A Jeep Grand Cherokee will cost about $10,484 for maintenance and repairs during its first 10 years of service. This is more than the industry average for popular SUV models by $1,604. There is also a 31.13% chance that a Grand Cherokee will require a major repair during that time.

What is the best time of year to buy a car?

The months of October, November and December are the best time of year to buy a car. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals. And all three goals begin to come together late in the year.

What is the best luxury SUV for the money?

10 Best Luxury SUVs of 2021

  • 2021 Audi Q3. …
  • 2021 Lincoln Navigator. …
  • 2021 Audi Q7. …
  • 2021 Mercedes-Benz GLC. …
  • 2021 BMW X5. Starting Price: $60,395 | Rating: 4.7. …
  • 2021 Mercedes-Benz GLA. Starting Price: $37,280 | Rating: 4.8. …
  • 2021 Audi Q5. Starting Price: $44,395 | Rating: 4.8. …
  • 2021 Genesis GV80. Starting Price: $49,925 | Rating: 4.8.

What is the most popular SUV color?

Top 8 Colors for 2021

  • White (26 percent – up 1 percent)
  • Black and Gray (tied at 19 percent)
  • Silver (12 percent – down 1 percent)
  • Blue (10 percent)
  • Red (9 percent)
  • Natural (2.5 percent – down 0.5 percent)
  • Green (2 percent)
  • Other (0.5 percent – up 0.5 percent)

What is the average life of a Jeep Grand Cherokee?

According to Southside Dodge, a Jeep Grand Cherokee could last up to 20 years as a durable option. It’s a well-built model with longevity in mind, unlike sport cats that quickly cycle out of style.

How long do Jeep engines last?

Jeep models are known to last well over 100,000 miles. A well-maintained Jeep Wrangler can last for up to 400,000 miles. Most cars start having serious problems at 100,000 miles. A normal car can last a long while if the owner takes decent care of it.

Is Jeep Cherokee a good car?

The Jeep Cherokee is an OK compact SUV. It’s one of the most capable off-roading SUVs, it’s available with a potent turbocharged engine, and it comes with a user-friendly infotainment system. However, it lags behind most rivals in terms of cargo space, rear-seat room, and interior quality.

Which Jeep Grand Cherokee is the most reliable?

If you are looking to buy a used Jeep Grand Cherokee, there’s one model year that excels in reliability, and acts as a happy middle ground for anyone looking for a used Jeep. Let’s take a look at why the 2010 Grand Cherokee model year is the most reliable one.

Why are Jeep Cherokees so unreliable?

There were multiple reasons why the 2019 Cherokee had such a low reliability score. The main cause, however, was due to a long history of transmission issues that had plagued the Cherokee since its 2014 model year. … As a result, owners of the 2019 Cherokee gave its in-car electronics a 1 out of 5 rating for reliability.

Do 2021 Jeep Cherokees have a lot of problems?

Jeep is recalling 18,800 Jeep Cherokee SUVs from the 2021 model year because faulty hoses could leak combustible transmission fluid. If the fluid comes in contact with an ignition source, it could cause a fire.

What is the best Jeep to own?

The Top 5 Jeep Models To Buy In 2019: An In Depth Guide

  • 2019 Jeep Grand Cherokee. Four doors, five seats, plenty of trunk space, top-rated off-roading and safety features. …
  • 2019 Jeep Compass. The 2019 Jeep Compass is truly that: a compass. …
  • 2018 Jeep Wrangler. …
  • 2019 Jeep Renegade. …
  • 2019 Jeep Cherokee.

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