Sunday, February 25, 2024

Those 2024 Jeep Grand Cherokee prices that went up? They’ve now dropped by as much as $4,000 – Autoblog

When we released pricing for the 2024 Grand Cherokee just a few weeks ago, we once again wondered about the lavish MSRP increases Stellantis is applying to three of its four U.S. brands. Compared to launch prices at the start of the 2023 model year, the lower Laredo and Altitude trims were only a few hundred more expensive in 2024, but the Limited, Overland and Summit trims cost between $3,190 and $6,490 moreover.

It’s a good thing for Grand Cherokee buyers that Jeep has since been able to admit, “Hey, maybe we’ve gotten a little exuberant with pricing, let’s see what we can do about that.” And what the automaker has done is cut MSRPs by $2,000, $3,500 or $4,000 on the 2024 Grand Cherokee and Grand Cherokee L.

A TikTok user called “zachshefska” first highlighted a bulletin sent by Stellantis to Jeep dealers on January 29 – the same day our pricing post was published – titled “2024MY Jeep Pricing Action.” The discounts outlined in the bulletin came into effect with production of the 2024 Grand Cherokee starting January 31, 2024. Jeep loaded the new figures into its configurator, so the latest opening offers for a Grand Cherokee and how they compare to Original MSRPs for year 2024 are:

  • Laredo A: $38,390 (No change)
  • Laredo: $39,830 ($2,000 less)
  • Laredo $40,580 ($2,000 less)
  • Altitude: $44,435 ($2,000 less)
  • Altitude X: $44,935 ($2,000 less)
  • Limit: $47,700 ($3,500 less)
  • By the road: $62,790 ($4,000 less)
  • Summit: $64,445 ($4,000 less)
  • Summit Reserve: $68,835 ($4,000 less)

Resellers whose properly completed sold orders were submitted before January 30 are eligible for price protection with some caveats, meaning some buyers won’t need to miss out on savings assuming their resellers have completed all requirements. empty spaces.

Since our initial comparator was the introductory price for the start of the 2023 model year, it’s only fair to compare these latest prices again. We leave aside the Laredo A, Laredo X and Altitude X since these models are new this year. The new 2024 Grand Cherokee Laredo price is $1,360 less than the same version about 18 months ago, the Altitude $1,435 less, the Limited $310 less, the Overland $4,690 more, the Summit $2,485 more, the Summit Reserve $500 more. The big increases in the Overland and Summit are partly due to the fact that these were available in 4×2 configuration until the 2024 model year, when they were 4×4 only; since the 4×4 option adds $2,000 to the price, the actual differences from before are $2,690 and $485.

A Jeep spokesperson said CarsDirect“We know consumers are struggling with rising costs linked to inflation. In response, the Jeep brand is taking the opportunity to add content and value to its award-winning lineup, while reducing MSRPs by American departures on some of our most popular models, like the 2024 Jeep Grand Cherokee.

A few last things to know. These prices all buy the 3.6-liter V6, the only engine available; When the Hurricane inline-six comes to the Grand Cherokee, those prices are virtually guaranteed to rise. Prices for the 2024 Grand Cherokee 4xe are not affected. And CarsDirect also noted: “Last month… some Grand Cherokees received a promotion involving 10% off MSRP. Now that is no longer the case. This type of change could negate the impact of the drops prices on consumers.”

Note: The content and images used in this article is rewritten and sourced from



Please enter your comment!
Please enter your name here

Most Popular

Most Trending