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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $3,471 | $27,825 | $25,392 | ||
2023 | $6,150 | $21,675 | $19,595 | ||
2024 | $4,204 | $17,471 | $15,336 | ||
Now | $4,301 | $13,170 | $10,829 |
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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.
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If you want a rugged yet refined 5-passenger midsize SUV that packs plenty of power and room, there’s probably a Jeep Grand Cherokee for you. Its off-road credentials are legit, while higher trims could pass for a luxury SUV. The new Trackhawk, meanwhile, is the world’s most powerful and quickest production SUV.
If you could care less about off-road capability and tough appeal, a crossover SUV like the Honda Pilot, Toyota Highlander or Chevy Traverse are more car-like and have higher fuel efficiency. They also offer 3-row seating, something not found in the 2018 Jeep Grand Cherokee.
![]() Used 2018 Jeep Grand Cherokee Limited Sterling Edition Sport Utility 4D | ![]() Used 2018 Subaru Crosstrek | ![]() Used 2018 Mercedes-Benz GLE | ||
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Price | $14,895 | $14,127 | $18,716 | |
KBB.com Rating | 4.3 | 4.7 | 4.5 | |
Consumer Rating | 4.3 | 3.8 | 4.5 | |
Fuel Economy | City 18/Hwy 25/Comb 21 MPG | City 27/Hwy 33/Comb 29 MPG | City 20/Hwy 23/Comb 21 MPG | |
Fuel Type | Gas | Gas | N/A | |
Safety Rating | 4.0 | 5.0 | N/A | |
Seating Capacity | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
Horsepower | 295 @ 6400 RPM | 152 @ 6000 RPM | 436 @ 5500 RPM | |
Engine | V6, VVT, 3.6 Liter | 4-Cyl, PZEV, 2.0 Liter | V6, Hybrid, Twin Turbo, 3.0 Liter | |
Drivetrain | 4WD | AWD | AWD |