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2016, 2017 Jeep Grand Cherokee Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Jeep Grand Cherokee price report below does not include rebates or incentives. View Jeep Rebates and Incentives.

Jeep Grand Cherokee Prices

2017 Grand Cherokee Prices: Laredo 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$30,295
Invoice Price
$30,175
Destination Fee
$995
Holdback
$909
Dealer Cost
$30,261
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2017 Grand Cherokee Prices: Laredo 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$32,695
Invoice Price
$32,534
Destination Fee
$995
Holdback
$981
Dealer Cost
$32,548
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2017 Grand Cherokee Prices: Limited 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$37,995
Invoice Price
$36,746
Destination Fee
$995
Holdback
$1,140
Dealer Cost
$36,601
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2017 Grand Cherokee Prices: Limited 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$39,995
Invoice Price
$38,686
Destination Fee
$995
Holdback
$1,200
Dealer Cost
$38,481
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2017 Grand Cherokee Prices: Trailhawk 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$43,095
Invoice Price
$41,569
Destination Fee
$995
Holdback
$1,293
Dealer Cost
$41,271
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2017 Grand Cherokee Prices: Overland 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$44,795
Invoice Price
$43,070
Destination Fee
$995
Holdback
$1,344
Dealer Cost
$42,721
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2017 Grand Cherokee Prices: Overland 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$47,795
Invoice Price
$45,940
Destination Fee
$995
Holdback
$1,434
Dealer Cost
$45,501
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2017 Grand Cherokee Prices: Summit 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$50,495
Invoice Price
$48,371
Destination Fee
$995
Holdback
$1,515
Dealer Cost
$47,851
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2017 Grand Cherokee Prices: Summit 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$53,495
Invoice Price
$51,241
Destination Fee
$995
Holdback
$1,605
Dealer Cost
$50,631
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2016 Grand Cherokee Laredo 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$32,295
Invoice Price
$32,119
Destination Fee
$995
Holdback
$969
Dealer Cost
$32,145
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2016 Grand Cherokee Laredo 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$29,995
Invoice Price
$29,860
Destination Fee
$995
Holdback
$900
Dealer Cost
$29,955
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2016 Grand Cherokee Limited 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$39,565
Invoice Price
$38,251
Destination Fee
$995
Holdback
$1,187
Dealer Cost
$38,059
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2016 Grand Cherokee Limited 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$37,585
Invoice Price
$36,316
Destination Fee
$995
Holdback
$1,128
Dealer Cost
$36,183
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2016 Grand Cherokee Overland 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$47,395
Invoice Price
$45,533
Destination Fee
$995
Holdback
$1,422
Dealer Cost
$45,106
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2016 Grand Cherokee Overland 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$44,395
Invoice Price
$42,668
Destination Fee
$995
Holdback
$1,332
Dealer Cost
$42,331
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2016 Grand Cherokee Summit 4-Door 4WD Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$52,795
Invoice Price
$50,555
Destination Fee
$995
Holdback
$1,584
Dealer Cost
$49,966
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2016 Grand Cherokee Summit 4-Door Rear Wheel Drive Sport Utility Auto Transmission w/ 3.6L Gas Engine - 6 Cylinders
MSRP
$49,795
Invoice Price
$47,690
Destination Fee
$995
Holdback
$1,494
Dealer Cost
$47,191
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2017 Grand Cherokee Prices: SRT Grand Cherokee Prices: SRT 4-Door 4WD Sport Utility Auto Transmission w/ 6.4L Gas Engine - 8 Cylinders
MSRP
$68,895
Invoice Price
$64,199
Destination Fee
$995
Holdback
$2,067
Dealer Cost
$63,127
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2016 Grand Cherokee SRT Grand Cherokee SRT 4-Door 4WD Sport Utility Auto Transmission w/ 6.4L Gas Engine - 8 Cylinders
MSRP
$65,695
Invoice Price
$63,060
Destination Fee
$995
Holdback
$1,971
Dealer Cost
$62,084
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Price Tip:
To avoid overpaying on a new Jeep Grand Cherokee, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Jeep Price Guides::
2017 Jeep Grand Cherokee Overview:
Introduced in 1993 as a midsize SUV, the Jeep Grand Cherokee quickly made a name for itself as one of the world's premier sports utility vehicles. Designed to perform on type of road from paved asphalt to gravel off-roads, the 2017 Jeep Grand Cherokee upholds the brand's tradition of combining both powerful performance with top notch style. Check out what safety and convenience features come as part of the package for any new 2017 Jeep Grand Cherokee buyer.


Key Features

The 2017 Jeep Grand Cherokee comes with some of the most technologically advanced safety and convenience features in the new car market. The convenience additions to the 2017 Grand Cherokee include:

  • automatic climate control
  • six speaker audio system
  • Bluetooth capability
  • voice command activation
  • USB port
  • UConnect infotainment center with five-inch touchscreen panel
  • push button ignition

The more noteworthy safety features include:

  • rear parking sensors
  • rear view parking camera
  • rain-sensing windshield wipers
  • adaptive cruise control
  • forward collision warning
  • automatic emergency braking
  • lane departure warning
  • automatic high beam assist
  • parking assist
  • rear cross traffic alert
  • blind spot monitoring

Most of these design features come standard in the 2017 Jeep Grand Cherokee regardless of the style and trim. 


Styles and Trims

The 2017 Jeep Grand Cherokee comes in either two-wheel or four-wheel drive. As a midsize SUV, it has an eight-speed automatic transmission and comes with four doors and a cargo gate. It has a towing capacity of 6200 pounds and can seat up to five passengers safely. 

The four-wheel drive trims include the:

  • 75th anniversary edition
  • 75th anniversary limited edition
  • Altitude
  • Laredo
  • Limited
  • Overland
  • SRT
  • Summit
  • Trailhawk

The two-wheel drive trims are the:

  • 75th anniversary edition
  • 75th anniversary limited edition
  • Altitude
  • Laredo
  • Limited
  • Overland
  • Summit

All of the trims come with a standard manufacturer's warranty of 36,000 miles or three years as well as an unlimited corrosion warranty. They likewise come with a five-year or 60,000 drivetrain and roadside assistance warranty. 

The base trims are the two-wheel drive Altitude and Laredo, both of which have MSRPs of $30,295. The high end trim is the four-wheel drive SRT, which has a suggested retail price of $66,795.


Driving Impressions and Experiences

Driving the 2017 Grand Cherokee is a primarily positive experience. Reviewers note that it gets good speed and offers a quiet, easy-to-handle ride. However, it is not as roomy as it appears and has troublesome blindspots.


Fuel Economy

The 2017 Grand Cherokee has a fuel economy of 19MPG for city and 26 MPG for highway. It has a combined fuel economy of 21 MPG and has a 24.6 gallon regular unleaded fuel tank.

How to Calculate The Dealer Cost of a Jeep Grand Cherokee

Formula for Calculating Dealer Cost:

  • Example: Base Jeep Grand Cherokee invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)

Note: All Jeep Grand Cherokee Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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