Jeep Grand Cherokee L Depreciation
Measured against live listings, a 5-year-old Jeep Grand Cherokee L lists at $25,761 — 50.1% below the $51,649 median price of a new one today, while a 3-year-old runs $30,199 (41.5% below new). Median odometer at that age: 72,750 miles.
By the CarWhere Research Team · Live US listing medians · Updated 2026-10-25
| Model year | Age | Median asking price | vs new today | Median miles | Listings |
|---|---|---|---|---|---|
| 2026 (new) | — | $51,649 | — | — | 8627 |
| 2025 | 1 yr | $37,594 | −27.2% | 18,230 | 1585 |
| 2024 | 2 yrs | $32,879 | −36.3% | 35,131 | 1877 |
| 2023 | 3 yrs | $30,199 | −41.5% | 41,071 | 4738 |
| 2022 | 4 yrs | $27,155 | −47.4% | 61,889 | 1529 |
| 2021 | 5 yrs | $25,761 | −50.1% | 72,750 | 2016 |
Median asking prices from live US dealer listings (min 40 per point) vs the Jeep Grand Cherokee L's median new price today. Live market data, not book-value estimates. Updated 2026-10-25.
Buying a used Jeep Grand Cherokee L? Two checks before the price.
Benchmark the asking price against what buyers actually paid. Cross-shopping? Compare curves in the 182-model depreciation study.
FAQ
How much does a Jeep Grand Cherokee L depreciate?
Measured against live listings, a 5-year-old Jeep Grand Cherokee L lists at $25,761 — 50.1% below the $51,649 median price of a new one today, while a 3-year-old runs $30,199 (41.5% below new). Median odometer at that age: 72,750 miles. These are asking-price medians from live US dealer inventory (2016 listings behind the 5-year figure), not book-value estimates.
What's the best age to buy a used Jeep Grand Cherokee L?
The steepest part of this curve is year 1 → 2, where it sheds another 9.1 points. Buying just after a steep drop means the previous owner paid it; the Jeep Grand Cherokee L's year-by-year table above shows exactly where the price settles.
Is a used Jeep Grand Cherokee L a good deal versus new?
A 3-year-old Jeep Grand Cherokee L saves about $21,450 versus new (41.5% below) with a median 41,071 miles on the clock. Whether that's the right trade depends on the model year — check the reliability record before the price.
Where does this data come from?
Median asking prices from live US dealer listings via licensed vehicle-data providers, aggregated per model year (minimum 40 listings per point) and compared with the Jeep Grand Cherokee L's median new price today (8627 new listings). Refreshed 2026-10-25. Republish with attribution to CarWhere (carwhere.com).