2024 Jeep Grand Cherokee Depreciation
A 2-year-old 2024 Jeep Grand Cherokee has lost about 32.5% of its roughly $46,140 original value. In the 2026 source cohort, it typically listed for around $32,437, with most listings between $28,246 and $34,969. Listed examples average 34,787 miles.
2024 Jeep Grand Cherokee Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2024 Jeep Grand Cherokee Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $33,547 | 79 |
| 30k–50k mi | $31,990 | 54 |
| 50k–75k mi | $27,075 | 35 |
What's a Good Price for a 2024 Jeep Grand Cherokee?
Great deal
Under $29,974
Typical
$29,974–$33,990
Overpriced
Above $33,990
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 169 listings.
Half of all listings fall between $29,974 and $33,990, with a median of $31,990.
Ownership & Condition
Across 169 2024 Jeep Grand Cherokee listings.
Accident-free
93.2%
One-owner
86.4%
Avg owners
1.2
Personal use
20.5%
2024 Jeep Grand Cherokee Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
22 MPG
City / Hwy
20 / 25
EPA range
470 mi
Fuel / year
$2,800
Fuel
Regular
Engine
3.6L 6-cyl
EPA class
Standard Sport Utility Vehicle 2WD
Depreciation by Trim
See how each 2024 Jeep Grand Cherokee trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| Laredo | Gasoline | $41,535 | $30,454 | 30.0% | 19 |
| Altitude X | Gasoline | $46,140 | $33,547 | 30.4% | 17 |
| Laredo A | Gasoline | $41,535 | $26,383 | 32.2% | 5 |
| Altitude | Gasoline | $46,140 | $30,781 | 33.7% | 18 |
| Limited | Gasoline | $50,230 | $33,399 | 34.5% | 45 |
How the 2024 Jeep Grand Cherokee Compares to Other Years
At 32.5% depreciation, the 2024 Jeep Grand Cherokee sits among its neighbors on the depreciation curve. The one-year-newer 2025 has lost 17.7% (around $39,028), so stepping up a model year costs roughly $6,591 more. The older 2023 sits at 41.0% (around $29,580), so dropping back a year saves about $2,857. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2024 Jeep Grand Cherokee.
Known Issues & Complaints
228 NHTSA complaints, 14 recalls reported.
ELECTRICAL SYSTEM
94 complaints06/13/2026: THIRD EPISODE of 2024 Jeep GC Summit (Top of Line) Battery being COMPLETELY DEAD after 3-4 days of no driving. I bought my Jeep in 12/2025!? Another issue that others report is the DIFFICULTY of 'jumping' the battery/engine to g
ENGINE
26 complaintsThe contact owns a 2024 Jeep Grand Cherokee. The contact stated that while his wife was driving approximately 50 MPH, the engine overheated. The contact stated that the engine warning light was illuminated. The contact stated that the failu
POWER TRAIN
24 complaintsAfter recall 68c was completed the electric only power is way down. They did not fix the battery, they just reduced performance to try and minimize the risk and save them from replacing the defective part. This is not a fix but a fundamenta
UNKNOWN OR OTHER
17 complaintsUnexpected acceleration pulling into parking spot which caused significant damage to my vehicle and vehicle in front of my vehicle. The hybrid battery was on low and witness outside of vehicle indicated it was making loud whining noise befo
EXTERIOR LIGHTING
15 complaintsWhen I push the turn signal stockforward to initiate the highbeams, the highbeam function does not work. The lever clicks into position as it should, but it does not initiate the high beam mode. It will work first thing in the morning when
FORWARD COLLISION AVOIDANCE
8 complaintsOn XXX, at approximately 8:45 AM in [XXX], my wife was driving our 2025 Jeep Grand Cherokee 4xe. She was stopped at a red traffic light and, when the light turned green, proceeded to make a normal left turn through the intersection. While a
Top Issues
- ELECTRICAL SYSTEM
- ENGINE
- POWER TRAIN
- UNKNOWN OR OTHER
- EXTERIOR LIGHTING
Buyer Red Flags
- !Recall 24V111000 (VISIBILITY): Chrysler (FCA US, LLC) is recalling certain 2021-2024 Jeep Wrangler and 2022-2024 Jeep Grand Cherokee vehicles. A hybrid control processor (HCP) software error may cause the defros
- !Recall 24V130000 (EXTERIOR LIGHTING): Chrysler (FCA US, LLC) is recalling certain 2023-2024 Jeep Grand Cherokee and Jeep Grand Cherokee L vehicles. When the master headlight switch is set to the AUTO position, the driv
- !Recall 24V131000 (STEERING): Chrysler (FCA US, LLC) is recalling certain 2024 Jeep Grand Cherokee vehicles. An improperly machined steering knuckle may separate between the ball joint and knuckle, causing the
- !Recall 24V289000 (BACK OVER PREVENTION): Chrysler (FCA US, LLC) is recalling certain 2022-2023 Jeep Grand Cherokee and 2023-2024 Jeep Grand Cherokee L vehicles. An improperly connected coaxial cable may prevent the rearvi
2024 Jeep Grand Cherokee Listings
Real 2024 Grand Cherokee listings on the market now.
$32,590
2024 Altitude · Gray
3,490 mi · Chicago, IL
View listing →
$51,990
2024 Summit Reserve · White
8,166 mi · Chicago, IL
View listing →
$31,590
2024 Altitude · White
10,768 mi · Kansas City, MO
View listing →
$31,990
2024 Altitude · Silver
12,525 mi · Atlanta, GA
View listing →
$34,990
2024 Limited · Black
13,802 mi · Chicago, IL
View listing →
$30,990
2024 Altitude · Gray
14,553 mi · Cleveland, OH
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2024 Jeep Grand Cherokee worth?
A 2024 Jeep Grand Cherokee is typically worth around $32,437, with most listings falling between $28,246 and $34,969. The single biggest swing factor is mileage — listed examples average about 34,787 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2024 Jeep Grand Cherokee depreciated?
The 2024 Jeep Grand Cherokee has lost about 32.5% of its original $46,140 base MSRP — roughly $14,996 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2024 Grand Cherokee have?
Listed 2024 Grand Cherokees average about 34,787 miles, with most between 16,988 and 55,026. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2024 Jeep Grand Cherokee?
For a 2024 Jeep Grand Cherokee, anything under $29,974 is a strong deal, $29,974 to $33,990 is the typical range where most cars trade, and above $33,990 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2024 Jeep Grand Cherokee are computed from 109 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.