Skip to main content

The Grand Cherokee is one of the oldest nameplates in the midsize SUV class. Having been around for over 30 years, this Jeep has built a reputation as a family-friendly, road-going SUV with the brand’s signature off-road capabilities. The Grand Cherokee is also available in the long-wheelbase L variant and the plug-in hybrid 4xe. But this article will cover the two-row, non-hybrid version of this popular vehicle. So, how much can you expect to spend on a fully loaded 2024 Jeep Grand Cherokee? Let’s start with the basics.

How much does a 2024 Jeep Grand Cherokee cost?

The 2024 Jeep Grand Cherokee has a starting MSRP of $40,130. That brings the Laredo base model with rear-wheel drive. All-wheel drive is a $2,000 option.

Every non-hybrid, two-row Grand Cherokee packs a 293-hp 3.6-liter V6 engine mated to an eight-speed automatic transmission. The EPA rates this powertrain at 22 mpg combined mpg.

Standard features in the Laredo include 17-inch aluminum wheels, LED headlights, dual-zone automatic climate control, push-button start, a 10.25-inch digital gauge cluster, Uconnect 5 with an 8.4-inch screen, Android Auto, and Apple CarPlay.

Standard safety tech includes automatic emergency braking, lane-keep assist, adaptive cruise control, rear parking sensors, and blind-spot monitoring.

The more upscale Limited trim starts at $48,825. It includes Capri leatherette seats, heated front and rear seats, a heated steering wheel, a power liftgate, remote start, wireless charging, and an upgraded infotainment system with a 10.1-inch screen, navigation, SiriusXM, and HD Radio.

Next is the Overland trim, seamlessly blending the rugged and upscale personalities of the Grand Cherokee. Starting at $60,790, it has a unique appearance package with front recovery hooks, dual exhaust tips, and 20-inch machine-faced aluminum wheels. This premium SUV has Quadra-Lift air suspension, Quadra-Trac II AWD, hill descent control, a panoramic sunroof, a hands-free power liftgate, Nappa leather upholstery, cooled front seats, an Alpine audio system, and more safety tech like front parking sensors, traffic sign recognition, and trailer hitch zoom.

But the Summit and Summit Reserve are the most luxurious 2024 Grand Cherokee trims.

How much is a fully loaded 2024 Jeep Grand Cherokee Summit Reserve?

Fully loaded 2024 Jeep Grand Cherokee Summit Reserve
2024 Jeep Grand Cherokee Summit Reserve | Stellants

Jeep starts the 2024 Grand Cherokee Summit at $65,055. On top of providing everything the Overland offers, the Summit adds a premium appearance package with Platinum Chrome trim, a black roof, and unique 20-inch wheels. It also boasts an electronic limited-slip rear differential, massaging front seats, wood interior trim, Nappa leather door trim, four-zone automatic climate control, and an integrated off-road camera.

The Summit Reserve is even fancier, starting at $68,940. Jeep gives this trim an even higher-end aesthetic with 21-inch wheels. It also adds a McIntosh premium audio system, active noise control, a front passenger screen, Palermo leather upholstery, and ventilated rear seats.

When you add options like premium paint ($595), bright running boards ($975), the Advanced ProTech Group ($2,715), the Finishing Package ($425), and the Luxury Tech Group ($755), a fully loaded 2024 Jeep Grand Cherokee Summit Reserve costs just over $76,000. That includes the $1,795 destination fee.

Is a fully loaded model worth the spend?

A fully loaded, V6-powered Jeep Grand Cherokee for over $75,000 is a questionable value. Prices for two-row midsize luxury SUVs like the Lexus RX, Genesis GV80, and Lincoln Nautilus are similar or lower. The cost of a loaded Grand Cherokee Summit Reserve is similar to the posh Lincoln Nautilus Black Label. A loaded Summit Reserve is also more expensive than a Genesis GV80 with the 300-hp base engine and the Prestige package.

The Grand Cherokee Summit Reserve is a fancy SUV. But SUV shoppers looking in this price range should consider what luxury brands offer at the same price point.