How much is a 2023 Jeep Grand Cherokee L worth?

The value of a used 2023 Jeep Grand Cherokee L ranges from $23,945 to $48,767, based on vehicle condition, mileage, and options. Get a free appraisal here.

2023 Jeep Grand Cherokee L Value^{2023 Jeep Grand Cherokee L
2023 Jeep Grand Cherokee L trade-in prices range from $23,945 - $48,767. Get a more accurate value for your car with the Edmunds appraisal tool.} - Find Out What Your Car's Worth

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Estimated values for the 2023 Jeep Grand Cherokee L

Values based on 12,000 miles driven per year, with no color or options selected. 2023 Jeep Grand Cherokee L trade-in prices range from $23,945 - $48,767. Get a more accurate value for your car with the Edmunds appraisal tool.

Overland 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$36,712	$38,722	$40,987
Clean	$36,252	$38,196	$40,388
Average	$35,486	$37,320	$39,388
Rough	$34,489	$36,181	$38,089

Limited 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$30,777	$32,606	$34,667
Clean	$30,392	$32,163	$34,160
Average	$29,749	$31,425	$33,315
Rough	$28,914	$30,466	$32,216

Summit 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$36,184	$37,939	$39,915
Clean	$35,730	$37,423	$39,331
Average	$34,975	$36,565	$38,358
Rough	$33,993	$35,448	$37,093

Summit Reserve 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$44,152	$46,323	$48,767
Clean	$43,599	$45,694	$48,054
Average	$42,677	$44,645	$46,865
Rough	$41,479	$43,282	$45,319

Altitude X 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,415	$30,100	$31,999
Clean	$28,059	$29,691	$31,531
Average	$27,466	$29,010	$30,751
Rough	$26,695	$28,124	$29,737

Altitude 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$29,756	$31,719	$33,934
Clean	$29,383	$31,288	$33,438
Average	$28,762	$30,570	$32,610
Rough	$27,954	$29,637	$31,535

Laredo X 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$26,770	$28,524	$30,502
Clean	$26,435	$28,137	$30,056
Average	$25,876	$27,491	$29,312
Rough	$25,149	$26,652	$28,345

Laredo 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$27,290	$29,075	$31,090
Clean	$26,948	$28,681	$30,635
Average	$26,378	$28,022	$29,877
Rough	$25,637	$27,167	$28,892

Limited 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$29,916	$31,281	$32,818
Clean	$29,541	$30,857	$32,338
Average	$28,917	$30,149	$31,538
Rough	$28,105	$29,228	$30,498

Altitude 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$29,848	$31,940	$34,301
Clean	$29,474	$31,506	$33,799
Average	$28,851	$30,783	$32,963
Rough	$28,041	$29,843	$31,876

Summit 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$41,685	$43,652	$45,866
Clean	$41,163	$43,059	$45,195
Average	$40,293	$42,071	$44,077
Rough	$39,161	$40,787	$42,623

Laredo 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,488	$27,554	$29,886
Clean	$25,169	$27,180	$29,449
Average	$24,637	$26,556	$28,720
Rough	$23,945	$25,746	$27,773

Overland 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$35,144	$36,374	$37,754
Clean	$34,704	$35,880	$37,202
Average	$33,970	$35,057	$36,282
Rough	$33,016	$33,987	$35,085

Altitude X 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$30,606	$32,680	$35,018
Clean	$30,223	$32,236	$34,505
Average	$29,584	$31,496	$33,652
Rough	$28,753	$30,535	$32,542

Laredo X 4dr SUV (3.6L 6cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,810	$27,454	$29,309
Clean	$25,487	$27,081	$28,880
Average	$24,948	$26,460	$28,165
Rough	$24,248	$25,652	$27,237

Know the value of your 2023 Jeep Grand Cherokee L over time

Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.

Total Depreciation-$21,341

Based on Good Condition for five years

2023 Jeep Grand Cherokee L

Overland 4dr SUV 4WD (3.6L 6cyl 8A) with no options

2024

$36,782

-$5,452

2025

$33,029

-$3,753

2026

$28,651

-$4,378

2027

$24,460

-$4,191

2028

$20,893

-$3,567

Value breakdown

2023 Jeep Grand Cherokee L

Overland 4dr SUV 4WD (3.6L 6cyl 8A) with no options

Year	Car Value	Depreciation
2024 (2023 Jeep Grand Cherokee L)	$36,782	-$5,452
2025 (2023 Jeep Grand Cherokee L)	$33,029	-$3,753
2026 (2023 Jeep Grand Cherokee L)	$28,651	-$4,378
2027 (2023 Jeep Grand Cherokee L)	$24,460	-$4,191
2028 (2023 Jeep Grand Cherokee L)	$20,893	-$3,567

Total Depreciation

Over five years

-$21,341

Helpful information about your 2023 Jeep Grand Cherokee L

Estimated Value Today

$36,252 - $38,196
Based on good condition.

Depreciation Insights

Different cars depreciate at different rates.
In general, new cars lose 60% of their MSRP in the first five years.

Know Your Car’s Worth

Nearly every vehicle depreciates over time.
With our free appraisal tool, you can get an accurate price for your car in minutes.

Sell my 2023 Jeep Grand Cherokee L with Edmunds Shop for a used Jeep Grand Cherokee L near you

FAQ

: The term "Blue Book Value" might refer to the Kelley Blue Book value, but is often used as a generic expression for a given vehicle's market value. You can find the market value of your 2023 Jeep Grand Cherokee L on Edmunds. You'll need to know some basic facts about your vehicle, such as the mileage, condition, option packages and trim level. As a general guide, the trade-in value of a 2023 Jeep Grand Cherokee L with no options and driven roughly 12,000 miles per year would be worth about $29,474 for one in "Clean" condition and about $31,506 if you were selling it as a private party. If the vehicle is in worse shape, you'll want to deduct a couple thousand dollars for each of the lower two condition levels. Learn more
: A number of factors will affect how much a Jeep Grand Cherokee L is worth. For starters, you'll need information such as the year, mileage, condition level, options and trim level. As a general guide, the trade-in value of a 2023 Jeep Grand Cherokee L with no options and driven roughly 12,000 miles per year would be worth about $29,474 for one in "Clean" condition and about $31,506 if you're selling it as a private party. If you need a more accurate number, head to Edmunds, input your vehicle's details and you'll get an accurate appraisal. Learn more
: The value of a 2023 Jeep Grand Cherokee L, or any vehicle, is determined by its age, mileage, condition, trim level and installed options. As a rough estimate, the trade-in value of a 2023 Jeep Grand Cherokee L with no options and driven roughly 12,000 miles per year would be worth about $29,474 for one in "Clean" condition and about $31,506 if you're selling it as a private party. Head to Edmunds for a more detailed appraisal, where you can see its estimated dealer retail value along with the values for other condition levels. Learn more
: There is no one perfect vehicle for everyone, so it is difficult to make a broad assessment of the 2023 Jeep Grand Cherokee L. We recommend you read Edmunds expert reviews and consumer reviews to make that buying decision for yourself. When in doubt, ask to test-drive the 2023 Jeep Grand Cherokee L and see how it feels. Learn more
: The value of a used 2023 Jeep Grand Cherokee L ranges from $23,945 to $48,767, based on vehicle condition, mileage, and options. Get a free appraisal here.

2023 Jeep Grand Cherokee L Value^{2023 Jeep Grand Cherokee L
2023 Jeep Grand Cherokee L trade-in prices range from $23,945 - $48,767. Get a more accurate value for your car with the Edmunds appraisal tool.} - Find Out What Your Car's Worth

FAQ

What is the Blue Book Value of a 2023 Jeep Grand Cherokee L?

How much is a Jeep Grand Cherokee L worth?

What is the value of a 2023 Jeep Grand Cherokee L?

Should I buy a 2023 Jeep Grand Cherokee L?