2022 Jeep Grand Cherokee Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

The 2022 Jeep Grand Cherokee is a stylish mid-size SUV with room for up to five people. The elegant exterior design fits perfectly with the Grand Cherokee's refined ride quality. Higher trim levels also offer a posh and almost luxurious interior. This is still a real Jeep, however, and that means amazing off-road capabilities. The Grand Cherokee is quite the versatile SUV.

What’s New for 2022?

The 2022 model year marks the start of the fifth generation for the Grand Cherokee. This SUV has received a major overhaul for 2022. In a way, Jeep has split the vehicle into two separate SUVs. The all-new Grand Cherokee is shorter than before and has less cargo space as a result of this. Jeep now also offers the Grand Cherokee L, which is longer and has three full rows of seats.

Even though the names are almost the same, the Grand Cherokee L is built off of a different platform. That makes it a separate vehicle. The new, smaller Grand Cherokee was redesigned to be a bit more maneuverable. In addition to its new appearance, the Grand Cherokee is also available with a plug-in hybrid powertrain for 2022.

Styles and Configurations

Every model of the Jeep Grand Cherokee has four doors and a rear liftgate. This mid-size SUV is 193.5-inches long, 77.5-inches wide and 70.9-inches tall. There's 37.7 cubic-feet of cargo space in the rear. This can be expanded up to 70.8 cubic-feet of space by letting the rear seats down. The Grand Cherokee is available in both 4X2 and 4X4 AWD (all-wheel drive) configurations.

Performance and Fuel Economy

The standard engine for the 2022 Jeep Grand Cherokee is a 3.6-liter Pentastar® V6 with 24 valves. Models of the Grand Cherokee that are equipped with this engine will have an 8-speed automatic transmission. This motor produces 293 horsepower and 257 pound-feet of torque. It has a combined fuel-economy rating of 22 miles-per-gallon.

Jeep also offers a 5.7-liter HEMI V8 engine. This engine produces 357 horsepower with 390 pound-feet of torque. This engine has a combined fuel-economy rating of 17 miles-per-gallon. Last of all, there's a 2.0-liter, 4-cylinder hybrid powertrain that produces an impressive 375 horsepower and 470 pound-feet of torque. The hybrid powertrain is optional for every trim level except for the Laredo.

Driving Impressions

Acceleration is fantastic with either the V6 or V8 engines. The ride quality is surprisingly smooth thanks in no small part to a great suspension system. Technically, there are multiple available suspension systems here, depending on the model. All do their job well, with the Trailhawk model perhaps offering the best option.

The Trailhawk's air suspension not only provides a smooth ride on paved roads, but helps the vehicle to get over off-road debris and rough terrain as well. This is an adjustable suspension system that can provide up to 11.3-inches of ground clearance when needed. Steering and handling are solid here, and the cabin stays relatively quiet while cruising on or off the beaten path.

Exterior Features

There are a number of great standard features on the outside of all Grand Cherokee models. They all get heated exterior mirrors. The outside mirrors also have an automatic power-folding feature. LED headlights, taillights and fog lamps are all standard features. Most trim levels also come with rain-sensitive windshield wipers.

The base model comes with a set of 17-inch, painted aluminum wheels. The Altitude, Limited and Trailhawk models all get 18-inch wheels. The Summit and Summit Reserve trims get 21-inch, machine-faced aluminum wheels.

Interior Features

On the inside of the Grand Cherokee, 8-way power seats with heating are available for the driver and front passenger. The rear has a 60/40 seat configuration that can be folded down to increase the cargo space. A power massager in the front seats is standard for the top two trim levels. The higher trims also get ventilated seats up front and in the rear.

The available Uconnect® 5 infotainment system has a built-in navigation system to help the driver find their way around. The massive, 10.1-inch touchscreen display is easy to see and easy to use. This system has Integrated Voice Command with Bluetooth® technologies. There's also an available premium audio system with 19 speakers and a 950-watt amplifier. A 4G LTE WiFi Hot-Spot is standard so that everyone in the vehicle can stay connected.

Safety Features

When it comes to safety, Jeep has you covered here too. Every Grand Cherokee gets Electronic Stability Control and Four-Wheel Traction Control. There's a Forward-Collision Warning Plus System that works at full speed. The Active Lane-Management System helps the driver to stay in the straight and narrow of their own lane. There's also Blind-Spot and Cross Path Detection, an integrated off-road camera and a standard security alarm.

For anyone looking for a new mid-size SUV, it doesn't get much better than the 2022 Jeep Grand Cherokee. It has plenty of comfortable space for passengers. It also offers ample amounts of cargo space. There are a good number of standard features here for a great price. When it comes to off-road performance, few other SUVs in this class can match what the Grand Cherokee is capable of.

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.