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2024 Jeep Grand Cherokee L Summit Reserve
Columbus, OH
43085
4.4
Expert
3.6
Consumer
Pricing
Important Info & Definitions
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2024 Jeep Grand Cherokee L Summit Reserve Cost to Own
$80,457
A 2024 Jeep Grand Cherokee L Summit Reserve has a 5-year cost-to-own of $80,457. After 5 years a 2024 Grand Cherokee L Summit Reserve will depreciate $37,046 and have a residual value of $29,309. During this time out-of-pocket expenses are expected to total $43,411.
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Higher Costs than Most
The 2024 Jeep Grand Cherokee L Summit Reserve is in the bottom 76-100% for Cost to Own among all Mid-size SUV/Crossovers.
2024 Jeep Grand Cherokee L Summit Reserve 5-Year Depreciation: $37,046
2024 Jeep Grand Cherokee L Summit Reserve
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5-Year Out of Pocket Expenses:$43,411
Fuel:
$10,376
Insurance:
$12,830
Financing:
$8,437
State Fees:
$4,569
Maintenance:
$5,194
Repairs:
$2,005
Total: $43,411
See New Car Incentives2024 Jeep Grand Cherokee L Summit Reserve Cost to Own
5-Year Cost to Own includes out of pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).
5-Year Depreciation:$37,046
5-Year Out of Pocket Expenses:$43,411
5-Year Cost To Own$80,457
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 5068 lbs. | ||
|---|---|---|---|
EPA Passenger | 159.1 cu.ft. | ||
Fuel Capacity | 23.0 gallons | ||
Front Head Room | 39.8 inches | ||
Front Leg Room | 41.3 inches | ||
Max Seating Capacity | 7 | ||
Minimum Ground Clearance | 8.5 inches | ||
Overall Length | 204.9 inches | ||
Front Shoulder Room | 59.2 inches | ||
Towing Capacity, Maximum | 6200 lbs. | ||
Trunk or Cargo Capacity | 84.6 cu.ft. | ||
Turning Diameter | 39.6 feet | ||
Wheel Base | 121.7 inches | ||
Gross Vehicle Weight Rating (GVWR) | 6700 lbs. | ||
Payload Capacity | 1210 lbs. | ||
Width with mirrors | 84.6 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Panorama Moon Roof | Available | ||
Power Folding Exterior Mirrors | Available | ||
Privacy Glass | Available | ||
Roof Rails | Available | ||
LED Headlights | Available |
Fuel Economy
City | 18 mpg | ||
|---|---|---|---|
Highway | 25 mpg | ||
Combined | 21 mpg |
Mechanical
Drivetrain | 4WD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Descent Control | Available | ||
Hill Start Assist | Available | ||
Limited Slip Differential | Available | ||
Parking Assist System | Available |
Performance
Horsepower | 293 @ 6400 RPM | ||
|---|---|---|---|
Torque | 260 @ 4000 rpm | ||
Engine | V6, VVT, 3.6 Liter |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
2024 Jeep Grand Cherokee L Summit Reserve Standard Features
Next Steps to Buying Smart
2024 Jeep Grand Cherokee L
KBB.com Review
4.4
Kbb.com Expert Rating
You'll Like This Car If...
Roomy 3-row interior. Jeep capability. Luxurious upper trims.
You May Not Like This Car If...
Optional V8 is inefficient. High starting price.
2024 Jeep Grand Cherokee L
KBB.com Consumer Reviews
3.6
Consumer Rating
61 ratings
Value
3.7
Performance
3.6
Quality
3.6
Comfort
4.3
Reliability
3.5
Styling
4.6
2024 Jeep Grand Cherokee L Summit Reserve Safety
Safety Features & Technology
4.0
Crash Test Rating
Provided by the National Highway Traffic Safety Administration
Frontal Crash
4.0
Side Barrier
5.0
Rollover Rating
4.0
Side Crash
5.0
Compare to Similar Vehicles
 New 2024 Jeep Grand Cherokee L Summit Reserve |  New 2025 Audi Q5 |  New 2026 Lexus RX |  New 2025 Hyundai IONIQ 5 | ||
|---|---|---|---|---|---|
| Price | $66,355 | $59,795 | $59,850 | $59,800 | |
| KBB.com Rating | 4.4 | 4.5 | 4.7 | 4.7 | |
| Consumer Rating | 3.6 | 5.0 | 3.1 | 4.3 | |
| Fuel Economy | City 18/Hwy 25/Comb 21 MPG | City 0/Hwy 0/Comb 26 MPG | City 0/Hwy 0/Comb 58 MPGe | City 21/Hwy 28/Comb 24 MPG | City 108/Hwy 88/Comb 98 MPGe | |
| Fuel Type | Gas | Hybrid | Gas | Electric | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | $80,457 | N/A | N/A | $80,952 | |
| Safety Rating | 4.0 | 5.0 | N/A | N/A | |
| Seating Capacity | 7 | 5 | 5 | 5 | |
| Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 5 years or 60000 miles | |
| Horsepower | 293 @ 6400 RPM | 362 HP | 275 @ 6000 RPM | 320 HP | |
| Engine | V6, VVT, 3.6 Liter | 4-Cyl, Hybrid, Turbo, 2.0 Liter | 4-Cyl, Turbo, 2.4 Liter | Dual Electric Motors | |
| Drivetrain | 4WD | AWD | AWD | AWD |
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