Jeep Grand Cherokee value and depreciation
Known for v8 muscle and strong towing at used bargain prices.
Projected value of a new Jeep Grand Cherokee
We class the Jeep Grand Cherokee as a weak-franchise mainstream in our 12-tier model, which puts its retention at roughly 54% after three years and 39% after five. Perfectly good cars weighed down by dealer-network and parts-cost perception on the used market.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 73% | R 1 044 956 | R 919 561 |
| 3 years | 54% | R 763 862 | R 672 199 |
| 5 years | 39% | R 558 382 | R 491 376 |
| 7 years | 28% | R 397 596 | R 349 884 |
| 10 years | 17% | R 238 895 | R 210 228 |
Estimates for a new purchase at R 1 426 989; retail basis, trade-in ≈ 12% under retail.
Jeep's flagship SUV has been on sale in South Africa since the ZJ of the mid-1990s, with the diesel WK2 and the SRT and Trackhawk V8s the best-remembered versions. The current WL generation arrived in 2023 in standard and seven-seat L form, from around R1.43 million, with a 4xe plug-in hybrid at the top. Depreciation is steep, which makes used examples cheap but resale painful for new buyers.
What used Grand Cherokee years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Grand Cherokee | R 1 426 989 | R 1 255 750 | Details → |
| 2025 Grand Cherokee | R 990 479 | R 871 622 | Details → |
| 2024 Grand Cherokee | R 802 697 | R 706 373 | Details → |
| 2023 Grand Cherokee | R 650 515 | R 572 453 | Details → |
| 2022 Grand Cherokee | R 527 185 | R 463 923 | Details → |
| 2021 Grand Cherokee | R 427 237 | R 375 969 | Details → |
| 2020 Grand Cherokee | R 341 721 | R 300 714 | Details → |
| 2019 Grand Cherokee | R 273 322 | R 240 523 | Details → |
| 2018 Grand Cherokee | R 218 613 | R 192 379 | Details → |
| 2017 Grand Cherokee | R 174 856 | R 153 873 | Details → |
| 2016 Grand Cherokee | R 139 856 | R 123 073 | Details → |
| 2015 Grand Cherokee | R 111 862 | R 98 439 | Details → |
Grand Cherokee against its rivals
Jeep Grand Cherokee: common questions
What is a Jeep Grand Cherokee worth after 3 years?
A Jeep Grand Cherokee bought new today for R 1 426 989 is projected to be worth about R 763 862 after three years, which is 54% of its price. A dealer trade-in offer would sit closer to R 672 199.
Does the Jeep Grand Cherokee hold its value?
We class the Jeep Grand Cherokee as a weak-franchise mainstream in our 12-tier model, which puts its retention at roughly 54% after three years and 39% after five. Perfectly good cars weighed down by dealer-network and parts-cost perception on the used market.
What does a used Jeep Grand Cherokee cost?
As a guide: a 2024 model is worth about R 802 697 retail today, while a 2015 model sits around R 111 862. Condition, mileage and spec move real prices by 10% or more either way.
What would a Jeep Grand Cherokee cost per month?
Financing a new Jeep Grand Cherokee at R 1 426 989 over 72 months at 11.75% with a 10% deposit comes to roughly R 24 941 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.