
Stay up to date by tracking the KBB.com Fair Purchase Price.

Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.
Condition | Trade-In Value | Private Party Value | ||
|---|---|---|---|---|
Excellent | $1,755 | $3,385 | ||
Very Good | $1,655 | $3,235 | ||
Good | $1,555 | $3,060 | ||
Fair | $1,280 | $2,610 |
Estimated Trade-In Values for the 2008 Jeep Grand Cherokee Laredo Sport Utility 4D range from about $1,280 to $1,755 depending on vehicle condition. Estimated Private Party Values range from about $2,610 to $3,385 depending on vehicle condition. Valid for ZIP Code 43085 through 3/2/2026.
Login or create a new account to see your vehicle depreciation forecast data.
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $753 | $4,153 | $2,053 | ||
2024 | $176 | $3,977 | $1,864 | ||
2025 | $435 | $3,542 | $1,369 | ||
Now | $442 | $3,100 | $1,575 |
Unlock Forecast
2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
Already Own This Car?
Curb Weight | 4505 lbs. | ||
|---|---|---|---|
EPA Passenger | 108.8 cu.ft. | ||
Fuel Capacity | 21.1 gallons | ||
Front Head Room | 39.7 inches | ||
Front Leg Room | 41.7 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 186.7 inches | ||
Front Shoulder Room | 59.1 inches | ||
Towing Capacity, Maximum | 6500 lbs. | ||
Trunk or Cargo Capacity | 67.4 cu.ft. | ||
Turning Diameter | 37.1 feet | ||
Wheel Base | 109.5 inches | ||
Gross Vehicle Weight Rating (GVWR) | 5900 lbs. | ||
Payload Capacity | 1230 lbs. | ||
Width with mirrors | 84.2 inches |
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
Roof Rails | Available | ||
Rear Spoiler | Available |
City | 15 mpg | ||
|---|---|---|---|
Highway | 19 mpg | ||
Combined | 17 mpg |
Drivetrain | 4WD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
5 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Descent Control | Available | ||
Hill Start Assist | Available | ||
Limited Slip Differential | Available |
Horsepower | 210 @ 5200 RPM | ||
|---|---|---|---|
Torque | 235 @ 4000 rpm | ||
Engine | V6, 3.7 Liter |
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | Unlimited years / Unlimited miles | ||
Corrosion | 5 years / 100000 miles |
If you like the idea of owning a rugged SUV that offers a luxurious interior, lots of power and doesn’t fill your entire garage, the 2008 Jeep Grand Cherokee should be at the top of your shopping list. The Grand Cherokee is the only SUV in its class to offer a diesel engine option.
The Jeep Grand Cherokee does not offer a third-row seat and interior space is nowhere near the levels of larger SUVs such as the Chevrolet Suburban, Nissan Armada or even the Dodge Durango.
![]() Used 2008 Jeep Grand Cherokee Laredo Sport Utility 4D | ![]() Used 2011 Mercury Mariner | ![]() Used 2009 GMC Yukon | ![]() Used 2011 Mitsubishi Endeavor | ||
|---|---|---|---|---|---|
| Price | $3,625 | $3,525 | $4,000 | $3,650 | |
| Consumer Rating | 4.2 | 4.4 | 4.5 | 4.6 | |
| Fuel Economy | City 15/Hwy 19/Comb 17 MPG | City 21/Hwy 28/Comb 23 MPG | City 20/Hwy 20/Comb 20 MPG | City 15/Hwy 19/Comb 17 MPG | |
| Fuel Type | Gas | Gas | Hybrid | Gas | |
| Safety Rating | N/A | 3.0 | N/A | N/A | |
| Seating Capacity | 5 | 5 | 8 | 5 | |
| Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 5 years or 60000 miles | |
| Horsepower | 210 @ 5200 RPM | 171 @ 6000 RPM | 332 @ 5100 RPM | 225 @ 5000 RPM | |
| Engine | V6, 3.7 Liter | 4-Cyl, 2.5 Liter | V8, Hybrid, 6.0 Liter | V6, 3.8 Liter | |
| Drivetrain | 4WD | 2WD | 4WD | AWD |