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2023 Jeep Compass Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Jeep Compass Pricing for the Sport, Latitude, Lux, Limited, Trailhawk and High Altitude Trims

2023 Compass - Trim: Sport - 4-Door SUV with 4WD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$28,400
Invoice Price
$28,159
Destination Fee
$1,595
Holdback
$852
Dealer Cost
$28,902
Find the Best Price
2023 Compass - Trim: Latitude - 4-Door SUV with 4WD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$32,395
Invoice Price
$31,877
Destination Fee
$1,595
Holdback
$972
Dealer Cost
$32,500
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2023 Compass - Trim: Latitude Lux - 4-Door SUV with 4WD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$33,895
Invoice Price
$33,353
Destination Fee
$1,595
Holdback
$1,017
Dealer Cost
$33,931
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2023 Compass - Trim: Limited - 4-Door SUV with 4WD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$35,745
Invoice Price
$35,100
Destination Fee
$1,595
Holdback
$1,072
Dealer Cost
$35,623
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2023 Compass - Trim: Trailhawk - 4-Door SUV with 4WD. Powered by a 2L, 4 Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$35,995
Invoice Price
$35,329
Destination Fee
$1,595
Holdback
$1,080
Dealer Cost
$35,844
Find the Best Price
Price Tip:
To find the best possible price on a new Jeep Compass, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Rydeshopper,   Edmunds,   NADAguides,   Motortrend  &   CarsDirect
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.

How to Calculate The Dealer Cost of a Jeep Compass

Formula for Calculating Dealer Cost:

  • Example: Base Jeep Compass 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)

Jeep Compass Overview:

The Jeep Compass gets a complete overhaul for 2022. There's a new look for both the exterior and interior. The feel and performance has been upgraded this year as well. This sleek, compact crossover SUV offers plenty of room for both passengers and cargo. It also lives up to Jeep's reputation for building tough vehicles with strong off-road capabilities.

What’s New for 2022?

The 2022 Jeep Compass is part of the second generation for this vehicle. The outside and inside designs get radically upgraded for this model year. The redesigned front end has a more classy, upscale appearance. On the inside, there's a new dashboard design and instrument-gauge cluster. The infotainment system gets a larger, tablet-style touchscreen and the latest Uconnect software.

The 2022 Compass will have more standard features this year. Many of the advanced driver-assist features that were optional in 2021 are now standard for all models. Jeep offers the Compass in a new trim level for the 2022 model year. They call this model the Latitude Lux. This new trim will come stock with all-wheel drive.

Styles and Configurations

The Jeep Compass is a compact crossover SUV that comes in at 173.4-inches long. It's 73.8-inches wide and stands at 64.8-inches tall. The wheelbase measures out to around 103.8 inches. This SUV has comfortable seating for up to five people. The Compass has a maximum cargo volume of 59.8 cubic-feet with the rear seats folded down.

Many of the trim levels come in FWD (front-wheel drive) and 4X4 AWD (all-wheel drive) variations. Jeep offers the Compass in a total of seven different trim levels for 2022. This includes models that were built with off-road performance in mind, like the Trailhawk. It also includes models that are more about comfort and luxury, such as the High Altitude. It's important to note, however, that all models are quite capable when it comes to off-road performance.

Performance and Fuel Economy

All models of the 2022 Jeep Compass are powered by the same 2.4-liter I4 engine. This is specifically a Zero Evap MultiAir® engine with Start/Stop technology to aid with fuel efficiency. The engine should get between 30-31 mpg (miles-per-gallon) on the highway and 22 mpg in the city. It produces a solid 180 horsepower and 175 pound-feet of torque.

Models with FWD get a 6-speed manual transmission. Models with 4X4 AWD have a 9-speed automatic transmission. The automatic transmission has numerous modes for different driving conditions. Trailhawk models of the Compass get a special low gear and a Rock Mode for getting over off-road terrain.

Driving Impressions

The Jeep Compass won't win any races, but it has enough horsepower for what it's designed for. It has adequate acceleration and more than enough passing power at highway speeds. It feels especially great when crawling over debris and rough terrain. Its general handling is a lot more nimble than one would expect from a vehicle of this shape and size. The Compass has comfortable seats up front and offers a fairly smooth ride on paved roads.

Exterior Features

There are a good amount of standard features for the Jeep Compass, both inside and out. For the exterior, there are heated mirrors for quick and easy defrosting. The higher trim levels have integrated, supplemental signals in the external mirrors. Every model gets LED reflector headlamps and LED taillights. Higher trims have LED fog lamps as well.

Automatic high-beam headlamp-control and bi-function LED headlights are optional as part of a package. Intermittent windshield wipers and a rear wiper with a washer are all standard. Rain-sensing wipers are available too. The base model gets a set of 16-inch wheels. Higher trim levels sport 18-inch or 19-inch aluminum wheels in a variety of styles and colors.

Interior Features

There are bucket seats up front. The first two trim levels have manually adjustable seats. The remaining models have power-adjustable seats. Heated seats, both up front and in the rear, are available for most trims. Jeep offers a variety of seat options such as cloth, vinyl or leather trim. The base model comes with Jeep's Uconnect 5 Infotainment System with an 8.4-inch display.

All infotainment systems get Integrated Voice Command and Bluetooth music streaming. Uconnect 5 works with Apple CarPlay and Android Auto. There's an AM/FM stereo and six premium Alpine speakers. Every trim level except for the base model gets a 4G LTE Wi-Fi Hot Spot. A larger 10.1-inch touchscreen and a navigation system are available as well.

Safety Features

Every Jeep Compass has advanced multi-stage airbags up front. There are supplemental side airbags up front as well. Side-curtain airbags add a level of protection for all five seat positions. The Driver Assistance Group package adds on features like a 360-degree camera, adaptive cruise control and parking sensors in the front and rear of the vehicle.

The 2022 Jeep Compass is a great, versatile vehicle. It works well as a stylish daily driver. The small size makes it easy to maneuver and park. Its legitimate off-road abilities make it ideal for camping, fishing and other outdoor adventures too. The Compass is also a good bargain with a reasonable MSRP and plenty of standard features.

Note: All Jeep Compass MSRP, invoice and dealer cost dollar figures above 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.