2023 Jeep Grand Cherokee Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
The Jeep Grand Cherokee Price Guide Below Includes:
- The Jeep Grand Cherokee pricing below shows the MSRP, invoice price and true dealer cost. The true dealer cost is calculated by the following formula - Invoice Price + Destination Fee – Holdback = Dealer Cost.
- Holdback is a hidden manufacturer markup on most vehicles. It is calculated as a percentage of MSRP or Invoice. You can view how dealer holdback is calculated here.
Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
Jeep Grand Cherokee Pricing for the Laredo, Limited, Trailhawk, Overland and Summit Trims
2023 Grand Cherokee - Trim: Laredo, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Laredo, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Limited, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Limited, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Overland, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Overland, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Summit, 4-Door SUV. RWD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
2023 Grand Cherokee - Trim: Summit, 4-Door SUV. 4WD Powertrain: 3.6 L, 6 CYL, Gas Powered, Automatic.
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 |
| Luxury Tech Group I |
| Laredo 4WD | $1,400 |
| Laredo RWD | $1,400 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 2-A Laredo Quick Order Package |
| Laredo 4WD | $0 |
| Laredo RWD | $0 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 2-B Altitude Quick Order Package |
| Laredo 4WD | $5,105 |
| Laredo RWD | $5,105 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Trailer Tow Prep Group |
| Laredo 4WD | $695 |
| Laredo RWD | $695 |
| Limited RWD | $695 |
| Limited 4WD | $695 |
| Overland 4WD | NA |
| Overland RWD | $695 |
| Summit 4WD | NA |
| Summit RWD | $695 |
| Mopar Finishing Package |
| Laredo 4WD | $425 |
| Laredo RWD | $425 |
| Limited RWD | $425 |
| Limited 4WD | $425 |
| Overland 4WD | $425 |
| Overland RWD | $425 |
| Summit 4WD | $425 |
| Summit RWD | $425 |
| Black Appearance Package |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $2,095 |
| Limited 4WD | $2,095 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 2-E Limited Quick Order Package |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $0 |
| Limited 4WD | $0 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Luxury Tech Group II |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $2,295 |
| Limited 4WD | $2,295 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Rear Seat Video Group |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $1,995 |
| Limited 4WD | $1,995 |
| Overland 4WD | $1,995 |
| Overland RWD | $1,995 |
| Summit 4WD | $1,995 |
| Summit RWD | $1,995 |
| 2-N Overland Quick Order Package |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $0 |
| Overland RWD | $0 |
| Summit 4WD | NA |
| Summit RWD | NA |
| Advanced Protech Group III |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $2,235 |
| Overland RWD | $2,235 |
| Summit 4WD | NA |
| Summit RWD | NA |
| Luxury Tech Group IV |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $2,155 |
| Overland RWD | $2,155 |
| Summit 4WD | NA |
| Summit RWD | NA |
| Off Road Group |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $1,095 |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 2-S Summit Quick Order Package |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | $0 |
| Summit RWD | $0 |
| 2-U Summit Reserve Quick Order Package |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | $4,480 |
| Summit RWD | NA |
| Advanced Protech Group IV |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | $2,235 |
| Summit RWD | $2,235 |
| Luxury Tech Group V |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | $275 |
| Summit RWD | $275 |
| Wheel Options |
| 18x8.0 Full Painted Aluminum Wheels |
| Laredo 4WD | $890 |
| Laredo RWD | $890 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 18x8.0 Polished/Painted Aluminum Wheels |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 20x8.5 Machined/Painted Aluminum Wheels |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $1,995 |
| Limited 4WD | $1,995 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Other Options |
| Front License Plate Bracket |
| Laredo 4WD | $0 |
| Laredo RWD | $0 |
| Limited RWD | $0 |
| Limited 4WD | $0 |
| Overland 4WD | $0 |
| Overland RWD | $0 |
| Summit 4WD | $0 |
| Summit RWD | $0 |
| Power Sunroof |
| Laredo 4WD | $1,195 |
| Laredo RWD | $1,195 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Mopar Black Side Steps |
| Laredo 4WD | $875 |
| Laredo RWD | $875 |
| Limited RWD | $875 |
| Limited 4WD | $875 |
| Overland 4WD | $875 |
| Overland RWD | $875 |
| Summit 4WD | $875 |
| Summit RWD | $875 |
| Mopar Bright Side Steps |
| Laredo 4WD | $975 |
| Laredo RWD | $975 |
| Limited RWD | $975 |
| Limited 4WD | $975 |
| Overland 4WD | $975 |
| Overland RWD | $975 |
| Summit 4WD | $975 |
| Summit RWD | $975 |
| Mopar Rear Seat Entertainment |
| Laredo 4WD | $1,695 |
| Laredo RWD | $1,695 |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Dual-Pane Panoramic Sunroof |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $1,835 |
| Limited 4WD | $1,835 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Front Passenger Interactive Display |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $1,095 |
| Limited 4WD | $1,095 |
| Overland 4WD | $1,095 |
| Overland RWD | $1,095 |
| Summit 4WD | $1,095 |
| Summit RWD | $1,095 |
| Black Painted Roof |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $775 |
| Overland RWD | $775 |
| Summit 4WD | NA |
| Summit RWD | NA |
| Exterior Paint Options |
| Baltic Grey Metallic Clear Coat |
| Laredo 4WD | $395 |
| Laredo RWD | $395 |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $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 4WD | $395 |
| Summit RWD | $395 |
| Silver Zynith |
| Laredo 4WD | $395 |
| Laredo RWD | $395 |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| Velvet Red Pearl Coat |
| Laredo 4WD | $395 |
| Laredo RWD | $395 |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| Ember Pearl Coat |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| Midnight Sky |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| Rocky Mountain Pearl Coat |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $395 |
| Limited 4WD | $395 |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| Hydro Blue Pearl Coat |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $395 |
| Overland RWD | $395 |
| Summit 4WD | $395 |
| Summit RWD | $395 |
| 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 4WD | $50 |
| Summit RWD | $50 |
| Audio Options |
| 9 Amplified Speakers with Subwoofer |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | $1,145 |
| Limited 4WD | $1,145 |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| 19 Speakers High Performance Audio |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $1,875 |
| Overland RWD | $1,875 |
| Summit 4WD | $1,875 |
| Summit RWD | $1,875 |
| Transmission Options |
| 8-Speed Automatic 8HP75 Transmission |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $0 |
| Overland RWD | NA |
| Summit 4WD | $0 |
| Summit RWD | NA |
| Engine Options |
| 5.7L V8 Hemi MDS VVT Engine |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | $3,995 |
| Overland RWD | NA |
| Summit 4WD | $3,995 |
| Summit RWD | NA |
| Specifications |
| Base Price |
| Laredo 4WD | $43,035 |
| Laredo RWD | $41,035 |
| Limited RWD | $47,855 |
| Limited 4WD | $49,855 |
| Overland 4WD | $59,195 |
| Overland RWD | $57,195 |
| Summit 4WD | $63,710 |
| Summit RWD | $61,710 |
| Drive |
| Laredo 4WD | 4WD |
| Laredo RWD | RWD |
| Limited RWD | RWD |
| Limited 4WD | 4WD |
| Overland 4WD | 4WD |
| Overland RWD | RWD |
| Summit 4WD | 4WD |
| Summit RWD | RWD |
| Bodystyle |
| Laredo 4WD | SUV |
| Laredo RWD | SUV |
| Limited RWD | SUV |
| Limited 4WD | SUV |
| Overland 4WD | SUV |
| Overland RWD | SUV |
| Summit 4WD | SUV |
| Summit RWD | SUV |
| Doors |
| Laredo 4WD | 4 |
| Laredo RWD | 4 |
| Limited RWD | 4 |
| Limited 4WD | 4 |
| Overland 4WD | 4 |
| Overland RWD | 4 |
| Summit 4WD | 4 |
| Summit RWD | 4 |
| Height |
| Laredo 4WD | 70.8 |
| Laredo RWD | 70.8 |
| Limited RWD | 70.8 |
| Limited 4WD | 70.8 |
| Overland 4WD | 70.8 |
| Overland RWD | 70.8 |
| Summit 4WD | 70.8 |
| Summit RWD | 70.8 |
| Length |
| Laredo 4WD | 193.5 |
| Laredo RWD | 193.5 |
| Limited RWD | 193.5 |
| Limited 4WD | 193.5 |
| Overland 4WD | 193.5 |
| Overland RWD | 193.5 |
| Summit 4WD | 193.5 |
| Summit RWD | 193.5 |
| Wheelbase |
| Laredo 4WD | 116.7 |
| Laredo RWD | 116.7 |
| Limited RWD | 116.7 |
| Limited 4WD | 116.7 |
| Overland 4WD | 116.7 |
| Overland RWD | 116.7 |
| Summit 4WD | 116.7 |
| Summit RWD | 116.7 |
| Width |
| Laredo 4WD | 77.5 |
| Laredo RWD | 77.5 |
| Limited RWD | 77.5 |
| Limited 4WD | 77.5 |
| Overland 4WD | 77.5 |
| Overland RWD | 77.5 |
| Summit 4WD | 77.5 |
| Summit RWD | 77.5 |
| Cargo Volume |
| Laredo 4WD | 37.7 |
| Laredo RWD | 37.7 |
| Limited RWD | 37.7 |
| Limited 4WD | 37.7 |
| Overland 4WD | 37.7 |
| Overland RWD | 37.7 |
| Summit 4WD | 37.7 |
| Summit RWD | 37.7 |
| Seating Capacity |
| Laredo 4WD | 5 |
| Laredo RWD | 5 |
| Limited RWD | 5 |
| Limited 4WD | 5 |
| Overland 4WD | 5 |
| Overland RWD | 5 |
| Summit 4WD | 5 |
| Summit RWD | 5 |
| Front Head Room |
| Laredo 4WD | 39.9 |
| Laredo RWD | 39.9 |
| Limited RWD | 39.9 |
| Limited 4WD | 39.9 |
| Overland 4WD | 39.9 |
| Overland RWD | 39.9 |
| Summit 4WD | 39.9 |
| Summit RWD | 39.9 |
| Center Head Room |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Front Leg Room |
| Laredo 4WD | 41.3 |
| Laredo RWD | 41.3 |
| Limited RWD | 41.3 |
| Limited 4WD | 41.3 |
| Overland 4WD | 41.3 |
| Overland RWD | 41.3 |
| Summit 4WD | 41.3 |
| Summit RWD | 41.3 |
| Center Leg Room |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Front Shoulder Room |
| Laredo 4WD | 59.2 |
| Laredo RWD | 59.2 |
| Limited RWD | 59.2 |
| Limited 4WD | 59.2 |
| Overland 4WD | 59.2 |
| Overland RWD | 59.2 |
| Summit 4WD | 59.2 |
| Summit RWD | 59.2 |
| Center Shoulder Room |
| Laredo 4WD | NA |
| Laredo RWD | NA |
| Limited RWD | NA |
| Limited 4WD | NA |
| Overland 4WD | NA |
| Overland RWD | NA |
| Summit 4WD | NA |
| Summit RWD | NA |
| Interior Volume |
| Laredo 4WD | 106.9 |
| Laredo RWD | 106.9 |
| Limited RWD | 106.9 |
| Limited 4WD | 106.9 |
| Overland 4WD | 106.9 |
| Overland RWD | 106.9 |
| Summit 4WD | 106.9 |
| Summit RWD | 106.9 |
| Fuel Tank Capacity |
| Laredo 4WD | 23 |
| Laredo RWD | 23 |
| Limited RWD | 23 |
| Limited 4WD | 23 |
| Overland 4WD | 23 |
| Overland RWD | 23 |
| Summit 4WD | 23 |
| Summit RWD | 23 |
| Engine Type |
| Laredo 4WD | Gas |
| Laredo RWD | Gas |
| Limited RWD | Gas |
| Limited 4WD | Gas |
| Overland 4WD | Gas |
| Overland RWD | Gas |
| Summit 4WD | Gas |
| Summit RWD | Gas |
| Engine Size |
| Laredo 4WD | 3.6 |
| Laredo RWD | 3.6 |
| Limited RWD | 3.6 |
| Limited 4WD | 3.6 |
| Overland 4WD | 3.6 |
| Overland RWD | 3.6 |
| Summit 4WD | 3.6 |
| Summit RWD | 3.6 |
| Cylinders |
| Laredo 4WD | 6 |
| Laredo RWD | 6 |
| Limited RWD | 6 |
| Limited 4WD | 6 |
| Overland 4WD | 6 |
| Overland RWD | 6 |
| Summit 4WD | 6 |
| Summit RWD | 6 |
| Camshaft |
| Laredo 4WD | DOHC |
| Laredo RWD | DOHC |
| Limited RWD | DOHC |
| Limited 4WD | DOHC |
| Overland 4WD | DOHC |
| Overland RWD | DOHC |
| Summit 4WD | DOHC |
| Summit RWD | DOHC |
| Compression Ratio |
| Laredo 4WD | 11.3:1 |
| Laredo RWD | 11.3:1 |
| Limited RWD | 11.3:1 |
| Limited 4WD | 11.3:1 |
| Overland 4WD | 11.3:1 |
| Overland RWD | 11.3:1 |
| Summit 4WD | 11.3:1 |
| Summit RWD | 11.3:1 |
| Horsepower |
| Laredo 4WD | 293 |
| Laredo RWD | 293 |
| Limited RWD | 293 |
| Limited 4WD | 293 |
| Overland 4WD | 293 |
| Overland RWD | 293 |
| Summit 4WD | 293 |
| Summit RWD | 293 |
| Torque |
| Laredo 4WD | 260 |
| Laredo RWD | 260 |
| Limited RWD | 260 |
| Limited 4WD | 260 |
| Overland 4WD | 260 |
| Overland RWD | 260 |
| Summit 4WD | 260 |
| Summit RWD | 260 |
| Fuel Type |
| Laredo 4WD | Unleaded |
| Laredo RWD | Unleaded |
| Limited RWD | Unleaded |
| Limited 4WD | Unleaded |
| Overland 4WD | Unleaded |
| Overland RWD | Unleaded |
| Summit 4WD | Unleaded |
| Summit RWD | Unleaded |
| MPG City |
| Laredo 4WD | 19 |
| Laredo RWD | 19 |
| Limited RWD | 19 |
| Limited 4WD | 19 |
| Overland 4WD | 19 |
| Overland RWD | 19 |
| Summit 4WD | 19 |
| Summit RWD | 19 |
| MPG Highway |
| Laredo 4WD | 26 |
| Laredo RWD | 26 |
| Limited RWD | 26 |
| Limited 4WD | 26 |
| Overland 4WD | 26 |
| Overland RWD | 26 |
| Summit 4WD | 26 |
| Summit RWD | 26 |
| Towing |
| Laredo 4WD | 6200 |
| Laredo RWD | 6200 |
| Limited RWD | 6200 |
| Limited 4WD | 6200 |
| Overland 4WD | 7200 |
| Overland RWD | 6200 |
| Summit 4WD | 7200 |
| Summit RWD | 6200 |
| GVWR (Gross Vehicle Weight Rating) |
| Laredo 4WD | 6050 |
| Laredo RWD | 6050 |
| Limited RWD | 6050 |
| Limited 4WD | 6050 |
| Overland 4WD | 6050 |
| Overland RWD | 6050 |
| Summit 4WD | 6050 |
| Summit RWD | 6050 |
| Payload |
| Laredo 4WD | 1240 |
| Laredo RWD | 1280 |
| Limited RWD | 1260 |
| Limited 4WD | 1260 |
| Overland 4WD | 1210 |
| Overland RWD | 1160 |
| Summit 4WD | 1160 |
| Summit RWD | 1190 |
| Curb Weight |
| Laredo 4WD | 4365 |
| Laredo RWD | 4238 |
| Limited RWD | 4266 |
| Limited 4WD | 4413 |
| Overland 4WD | 4721 |
| Overland RWD | 4451 |
| Summit 4WD | 4784 |
| Summit RWD | 4475 |
| Transmission |
| Laredo 4WD | Automatic |
| Laredo RWD | Automatic |
| Limited RWD | Automatic |
| Limited 4WD | Automatic |
| Overland 4WD | Automatic |
| Overland RWD | Automatic |
| Summit 4WD | Automatic |
| Summit RWD | Automatic |
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 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.
