2023 Jeep Grand Cherokee Value - Find Out What Your Car's Worth
Change vehicleEstimated 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 $21,615 - $45,340. Get a more accurate value for your car with the Edmunds appraisal tool.
| Condition | Trade-In | Private Party | Dealer Retail |
|---|---|---|---|
| Outstanding | $23,008 | $25,058 | $27,372 |
| Clean | $22,720 | $24,718 | $26,972 |
| Average | $22,239 | $24,150 | $26,304 |
| Rough | $21,615 | $23,413 | $25,437 |
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-$11,109
Based on Good Condition for five years
2023 Jeep Grand Cherokee
Laredo 4dr SUV (3.6L 6cyl 8A) with no options
2024
$24,936
-$3,065
2025
$23,477
-$1,459
2026
$21,643
-$1,834
2027
$19,392
-$2,251
2028
$16,892
-$2,500
Value breakdown
2023 Jeep Grand Cherokee
Laredo 4dr SUV (3.6L 6cyl 8A) with no options
| Year | Car Value | Depreciation |
|---|---|---|
| 2024 (2023 Jeep Grand Cherokee) | $24,936 | -$3,065 |
| 2025 (2023 Jeep Grand Cherokee) | $23,477 | -$1,459 |
| 2026 (2023 Jeep Grand Cherokee) | $21,643 | -$1,834 |
| 2027 (2023 Jeep Grand Cherokee) | $19,392 | -$2,251 |
| 2028 (2023 Jeep Grand Cherokee) | $16,892 | -$2,500 |
Total Depreciation
Over five years
-$11,109
Helpful information about your 2023 Jeep Grand Cherokee
Estimated Value Today
- $22,720 - $24,718
- 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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