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2023 Jeep Grand Cherokee Value - Find Out What Your Car's Worth

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Estimated values for the 2023 Jeep Grand Cherokee
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Jeep Grand Cherokee trade-in prices range from $21,867 - $46,471. Get a more accurate value for your car with the Edmunds appraisal tool.
Laredo 4dr SUV 4WD (3.6L 6cyl 8A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$25,587$27,391$29,426
Clean$25,267$27,019$28,995
Average$24,732$26,399$28,278
Rough$24,038$25,593$27,346
Know the value of your 2023 Jeep Grand Cherokee 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-$12,491
Based on Good Condition for five years
2023 Jeep Grand Cherokee
Laredo 4dr SUV 4WD (3.6L 6cyl 8A) with no options
Total Depreciation
2024
$25,823
-$3,517
2025
$24,027
-$1,796
2026
$21,927
-$2,100
2027
$19,476
-$2,451
2028
$16,849
-$2,627
Value breakdown
2023 Jeep Grand Cherokee
Laredo 4dr SUV 4WD (3.6L 6cyl 8A) with no options
YearCar ValueDepreciation
2024 (2023 Jeep Grand Cherokee)$25,823-$3,517
2025 (2023 Jeep Grand Cherokee)$24,027-$1,796
2026 (2023 Jeep Grand Cherokee)$21,927-$2,100
2027 (2023 Jeep Grand Cherokee)$19,476-$2,451
2028 (2023 Jeep Grand Cherokee)$16,849-$2,627
Total Depreciation
Over five years
-$12,491
Helpful information about your 2023 Jeep Grand Cherokee
Estimated Value Today
  • $25,267 - $27,019
  • 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.
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