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2023 Jeep Grand Cherokee L 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 Grand Cherokee L Pricing for the Laredo, Limited, Trailhawk, Overland and Summit Trims

2023 Grand Cherokee L - Trim: Laredo, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$41,000
Invoice Price
$40,549
Destination Fee
$1,795
Holdback
$1,230
Dealer Cost
$41,114
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2023 Grand Cherokee L - Trim: Laredo, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$43,000
Invoice Price
$42,527
Destination Fee
$1,795
Holdback
$1,290
Dealer Cost
$43,032
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2023 Grand Cherokee L - Trim: Limited, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$47,820
Invoice Price
$46,529
Destination Fee
$1,795
Holdback
$1,435
Dealer Cost
$46,889
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2023 Grand Cherokee L - Trim: Limited, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$49,820
Invoice Price
$48,475
Destination Fee
$1,795
Holdback
$1,495
Dealer Cost
$48,775
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2023 Grand Cherokee L - Trim: Overland, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$57,910
Invoice Price
$56,114
Destination Fee
$1,795
Holdback
$1,737
Dealer Cost
$56,172
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2023 Grand Cherokee L - Trim: Overland, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$59,910
Invoice Price
$58,052
Destination Fee
$1,795
Holdback
$1,797
Dealer Cost
$58,050
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2023 Grand Cherokee L - Trim: Summit, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$61,675
Invoice Price
$59,671
Destination Fee
$1,795
Holdback
$1,850
Dealer Cost
$59,616
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2023 Grand Cherokee L - Trim: Summit, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
MSRP
$63,675
Invoice Price
$61,606
Destination Fee
$1,795
Holdback
$1,910
Dealer Cost
$61,491
Find the Best Price
Price Tip:
To find the best possible price on a new Jeep Grand Cherokee L, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals,   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.
Package Options
2-B Altitude Quick Order Package
Laredo 4WD$5,105
Laredo RWD$5,105
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
2-A Laredo Quick Order Package
Laredo 4WD$0
Laredo RWD$0
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Luxury Tech Group I
Laredo 4WD$1,400
Laredo RWD$1,400
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Trailer Tow Prep Group (B)
Laredo 4WD$695
Laredo RWD$695
Limited RWD$695
Limited 4WD$695
Overland 4WDNA
Overland RWD$695
Summit RWD$695
Summit 4WDNA
2-E Limited Quick Order Package
Laredo 4WDNA
Laredo RWDNA
Limited RWD$0
Limited 4WD$0
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Black Appearance Package
Laredo 4WDNA
Laredo RWDNA
Limited RWD$2,095
Limited 4WD$2,095
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Luxury Tech Group II
Laredo 4WDNA
Laredo RWDNA
Limited RWD$2,295
Limited 4WD$2,295
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Rear Seat Video Group I
Laredo 4WDNA
Laredo RWDNA
Limited RWD$1,995
Limited 4WD$1,995
Overland 4WD$1,995
Overland RWD$1,995
Summit RWD$1,995
Summit 4WD$1,995
2-N Overland Quick Order Package
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$0
Overland RWD$0
Summit RWDNA
Summit 4WDNA
Advanced Protech Group III
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$2,235
Overland RWD$2,235
Summit RWDNA
Summit 4WDNA
Luxury Tech Group IV
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$2,155
Overland RWD$2,155
Summit RWDNA
Summit 4WDNA
Off Road Group
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$1,095
Overland RWDNA
Summit RWDNA
Summit 4WDNA
2-S Summit Quick Order Package
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWD$0
Summit 4WD$0
Advanced Protech Group IV
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWD$2,235
Summit 4WD$2,235
Luxury Tech Group V
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWD$275
Summit 4WD$275
2-U Summit Reserve Quick Order Package
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WD$4,480
High Altitude Package
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WD$1,895
High Altitude Package - Requires (2-U) Summit Reserve Quick Order Package
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WD$1,395
Seat Option
2nd row 60/40 bench, main tip/slide
Laredo 4WD$750
Laredo RWD$750
Limited RWD$750
Limited 4WD$750
Overland 4WD$750
Overland RWD$750
Summit RWD$750
Summit 4WD$750
Leather Trimmed Bucket seats
Laredo 4WD$0
Laredo RWD$0
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Capri Leather seats with perforated inserts
Laredo 4WDNA
Laredo RWDNA
Limited RWD$0
Limited 4WD$0
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Nappa Leather seats
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$0
Overland RWD$0
Summit RWDNA
Summit 4WDNA
Palermo Leather seats
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWD$0
Summit 4WD$0
Other Option
Front License Plate Bracket
Laredo 4WD$0
Laredo RWD$0
Limited RWD$0
Limited 4WD$0
Overland 4WD$0
Overland RWD$0
Summit RWD$0
Summit 4WD$0
Power Sunroof
Laredo 4WD$1,195
Laredo RWD$1,195
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Mopar Black Side Steps
Laredo 4WD$875
Laredo RWD$875
Limited RWD$875
Limited 4WD$875
Overland 4WD$875
Overland RWD$875
Summit RWD$875
Summit 4WD$875
Mopar Bright Side Steps
Laredo 4WD$975
Laredo RWD$975
Limited RWD$975
Limited 4WD$975
Overland 4WD$975
Overland RWD$975
Summit RWD$975
Summit 4WD$975
Mopar Finishing Package
Laredo 4WD$425
Laredo RWD$425
Limited RWD$425
Limited 4WD$425
Overland 4WD$425
Overland RWD$425
Summit RWD$425
Summit 4WD$425
Mopar Rear Seat Entertainment
Laredo 4WD$1,695
Laredo RWD$1,695
Limited RWD$1,695
Limited 4WD$1,695
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Front Passenger Interactive Display
Laredo 4WDNA
Laredo RWDNA
Limited RWD$1,095
Limited 4WD$1,095
Overland 4WD$1,095
Overland RWD$1,095
Summit RWD$1,095
Summit 4WD$1,095
Black Painted Roof
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$775
Overland RWD$775
Summit RWDNA
Summit 4WDNA
Exterior Paint Option
Baltic Grey Metallic Clear Coat
Laredo 4WD$395
Laredo RWD$395
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Diamond Black Crystal Pearl Coat
Laredo 4WD$395
Laredo RWD$395
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Silver Zynith
Laredo 4WD$395
Laredo RWD$395
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Velvet Red Pearl Coat
Laredo 4WD$395
Laredo RWD$395
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Midnight Sky
Laredo 4WDNA
Laredo RWDNA
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Rocky Mountain Pearl Coat
Laredo 4WDNA
Laredo RWDNA
Limited RWD$395
Limited 4WD$395
Overland 4WD$395
Overland RWD$395
Summit RWD$395
Summit 4WD$395
Black Clear Coat - Secondary color
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$0
Overland RWD$0
Summit RWD$0
Summit 4WD$0
Regional Price Adjustment
Increased Destination Charge - Hawaii
Laredo 4WD$50
Laredo RWD$50
Limited RWD$50
Limited 4WD$50
Overland 4WD$50
Overland RWD$50
Summit RWD$50
Summit 4WD$50
Wheel Option
20x8.5 machined/painted aluminum wheel
Laredo 4WDNA
Laredo RWDNA
Limited RWD$1,995
Limited 4WD$1,995
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
18x8.0 Polished/painted aluminum wheels
Laredo 4WDNA
Laredo RWDNA
Limited RWD$395
Limited 4WD$395
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Audio Option
9 Amplified Speakers with Subwoofer
Laredo 4WDNA
Laredo RWDNA
Limited RWD$1,145
Limited 4WD$1,145
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
19 Speakers High Performance Audio
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$1,875
Overland RWD$1,875
Summit RWD$1,875
Summit 4WD$1,875
Engine Option
5.7L V8 Hemi MDS VVT engine
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$3,995
Overland RWDNA
Summit RWDNA
Summit 4WD$3,995
Transmission Option
8-speed auto 8HP75 transmission
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WD$0
Overland RWDNA
Summit RWDNA
Summit 4WD$0
Specifications
Base Price
Laredo 4WD$45,035
Laredo RWD$43,035
Limited RWD$49,855
Limited 4WD$51,855
Overland 4WD$61,195
Overland RWD$59,195
Summit RWD$63,710
Summit 4WD$65,710
Drive
Laredo 4WD4WD
Laredo RWDRWD
Limited RWDRWD
Limited 4WD4WD
Overland 4WD4WD
Overland RWDRWD
Summit RWDRWD
Summit 4WD4WD
Bodystyle
Laredo 4WDSUV
Laredo RWDSUV
Limited RWDSUV
Limited 4WDSUV
Overland 4WDSUV
Overland RWDSUV
Summit RWDSUV
Summit 4WDSUV
Doors
Laredo 4WD4
Laredo RWD4
Limited RWD4
Limited 4WD4
Overland 4WD4
Overland RWD4
Summit RWD4
Summit 4WD4
Height
Laredo 4WD71.5
Laredo RWD71.5
Limited RWD71.5
Limited 4WD71.5
Overland 4WD71.5
Overland RWD71.5
Summit RWD71.5
Summit 4WD71.5
Length
Laredo 4WD204.9
Laredo RWD204.9
Limited RWD204.9
Limited 4WD204.9
Overland 4WD204.9
Overland RWD204.9
Summit RWD204.9
Summit 4WD204.9
Wheelbase
Laredo 4WD121.7
Laredo RWD121.7
Limited RWD121.7
Limited 4WD121.7
Overland 4WD121.7
Overland RWD121.7
Summit RWD121.7
Summit 4WD121.7
Width
Laredo 4WD77.9
Laredo RWD77.9
Limited RWD77.9
Limited 4WD77.9
Overland 4WD77.9
Overland RWD77.9
Summit RWD77.9
Summit 4WD77.9
Cargo Volume
Laredo 4WD17.2
Laredo RWD17.2
Limited RWD17.2
Limited 4WD17.2
Overland 4WD17.2
Overland RWD17.2
Summit RWD17.2
Summit 4WD17.2
Seating Capacity
Laredo 4WD7
Laredo RWD7
Limited RWD7
Limited 4WD7
Overland 4WD7
Overland RWD7
Summit RWD7
Summit 4WD7
Front Head Room
Laredo 4WD39.8
Laredo RWD39.8
Limited RWD39.8
Limited 4WD39.8
Overland 4WD39.8
Overland RWD39.8
Summit RWD39.8
Summit 4WD39.8
Center Head Room
Laredo 4WD39.9
Laredo RWD39.9
Limited RWD39.9
Limited 4WD39.9
Overland 4WD39.9
Overland RWD39.9
Summit RWD39.9
Summit 4WD39.9
Front Leg Room
Laredo 4WD41.3
Laredo RWD41.3
Limited RWD41.3
Limited 4WD41.3
Overland 4WD41.3
Overland RWD41.3
Summit RWD41.3
Summit 4WD41.3
Center Leg Room
Laredo 4WD39.4
Laredo RWD39.4
Limited RWD39.4
Limited 4WD39.4
Overland 4WD39.4
Overland RWD39.4
Summit RWD39.4
Summit 4WD39.4
Front Shoulder Room
Laredo 4WD59.2
Laredo RWD59.2
Limited RWD59.2
Limited 4WD59.2
Overland 4WD59.2
Overland RWD59.2
Summit RWD59.2
Summit 4WD59.2
Center Shoulder Room
Laredo 4WD58
Laredo RWD58
Limited RWD58
Limited 4WD58
Overland 4WD58
Overland RWD58
Summit RWD58
Summit 4WD58
Interior Volume
Laredo 4WD159.1
Laredo RWD159.1
Limited RWD159.1
Limited 4WD159.1
Overland 4WD159.1
Overland RWD159.1
Summit RWD159.1
Summit 4WD159.1
Fuel Tank Capacity
Laredo 4WD23
Laredo RWD23
Limited RWD23
Limited 4WD23
Overland 4WD23
Overland RWD23
Summit RWD23
Summit 4WD23
Engine Type
Laredo 4WDGas
Laredo RWDGas
Limited RWDGas
Limited 4WDGas
Overland 4WDGas
Overland RWDGas
Summit RWDGas
Summit 4WDGas
Engine Size
Laredo 4WD3.6
Laredo RWD3.6
Limited RWD3.6
Limited 4WD3.6
Overland 4WD3.6
Overland RWD3.6
Summit RWD3.6
Summit 4WD3.6
Cylinders
Laredo 4WD6
Laredo RWD6
Limited RWD6
Limited 4WD6
Overland 4WD6
Overland RWD6
Summit RWD6
Summit 4WD6
Camshaft
Laredo 4WDDOHC
Laredo RWDDOHC
Limited RWDDOHC
Limited 4WDDOHC
Overland 4WDDOHC
Overland RWDDOHC
Summit RWDDOHC
Summit 4WDDOHC
Compression Ratio
Laredo 4WD11.3:1
Laredo RWD11.3:1
Limited RWD11.3:1
Limited 4WD11.3:1
Overland 4WD11.3:1
Overland RWD11.3:1
Summit RWD11.3:1
Summit 4WD11.3:1
Horsepower
Laredo 4WD290
Laredo RWD290
Limited RWD290
Limited 4WD290
Overland 4WD290
Overland RWD290
Summit RWD290
Summit 4WD290
Torque
Laredo 4WD257
Laredo RWD257
Limited RWD257
Limited 4WD257
Overland 4WD257
Overland RWD257
Summit RWD257
Summit 4WD257
Fuel Type
Laredo 4WDUnleaded
Laredo RWDUnleaded
Limited RWDUnleaded
Limited 4WDUnleaded
Overland 4WDUnleaded
Overland RWDUnleaded
Summit RWDUnleaded
Summit 4WDUnleaded
MPG City
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
MPG Highway
Laredo 4WDNA
Laredo RWDNA
Limited RWDNA
Limited 4WDNA
Overland 4WDNA
Overland RWDNA
Summit RWDNA
Summit 4WDNA
Towing
Laredo 4WD6200
Laredo RWD6200
Limited RWD6200
Limited 4WD6200
Overland 4WD6200
Overland RWD6200
Summit RWD6200
Summit 4WD6200
GVWR (Gross Vehicle Weight Rating)
Laredo 4WD6500
Laredo RWD6500
Limited RWD6500
Limited 4WD6500
Overland 4WD6500
Overland RWD6500
Summit RWD6500
Summit 4WD6500
Payload
Laredo 4WD1380
Laredo RWD1380
Limited RWD1410
Limited 4WD1410
Overland 4WD1260
Overland RWD1230
Summit RWD1250
Summit 4WD1210
Curb Weight
Laredo 4WD4746
Laredo RWD4618
Limited RWD4650
Limited 4WD4779
Overland 4WD5066
Overland RWD4791
Summit RWD4848
Summit 4WD5086
Transmission
Laredo 4WDAutomatic
Laredo RWDAutomatic
Limited RWDAutomatic
Limited 4WDAutomatic
Overland 4WDAutomatic
Overland RWDAutomatic
Summit RWDAutomatic
Summit 4WDAutomatic

How to Calculate The Dealer Cost of a Jeep Grand Cherokee L

Formula for Calculating Dealer Cost:

  • Example: Base Jeep Grand Cherokee L 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 L 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.



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