Jeep Grand Cherokee Laredo price & real 5-year cost in the U.S.
The Jeep Grand Cherokee Laredo starts at $38,415. As of August 6, 2026, over 5 years, owning one (gas car) costs about $55,572 in the U.S. — $926/month, $0.93/mile — including depreciation, fuel, maintenance, insurance, financing and fees. That's $14,480 more than a comparable Toyota RAV4 LE (gas) over the same 5 years.
Jeep Grand Cherokee Laredo · U.S. average · 5-year estimate$55,572 total · $926/mo · $0.93/mi
Where the money goes
| Cost component | Gas · Jeep Grand Cherokee Laredo | Gas · Toyota RAV4 LE |
|---|---|---|
| Depreciation (estimated) | $20,360 (37%) | $10,800 (26%) |
| Charging / fuel | $10,492 (19%) | $7,694 (19%) |
| ↳ of which charging loss | — | — |
| Maintenance | $6,060 (11%) | $5,520 (13%) |
| Insurance | $11,000 (20%) | $11,000 (27%) |
| Financing interest | $6,661 (12%) | $5,078 (12%) |
| Registration & fees | $1,000 (2%) | $1,000 (2%) |
| Total cost of ownership | $55,572 | $41,092 |
Jeep Grand Cherokee Laredo specs & assumptions
- Starting MSRP
- $38,415manufacturer base
- Powertrain
- Gas
- Efficiency
- 22 mpgEPA
- Gas (US avg)
- $3.85/galAAA
- Annual miles (assumed)
- 12,000adjustable in tool
Compare the Jeep Grand Cherokee Laredo against any car, your miles & your state
What else moves your Jeep Grand Cherokee Laredo cost
The 5-year total already folds in depreciation, fuel, insurance, maintenance and financing. These are the levers that actually move money on this car, biggest first — each figure re-run through the same kernel with one input changed. Levers that don't move $400+ here aren't listed.
- Financing. The total finances $35,415 of the $38,415 price at 7.0% over 60 months: $6,661 of pure interest, 12% of everything above. Paying cash or shopping the rate removes it outright — both are inputs in the calculator.
- Depreciation curve. We cost the Jeep Grand Cherokee Laredo on its own residual curve, not the gas car average: it holds 47% of its $38,415 after 5 years against 61% for a typical gas car. That is about $5,378 more depreciation than the class curve would give it — and depreciation is $20,360 of the $55,572 above (37%).
- Fuel price. The total runs on the U.S. average $3.85/gal. Add a dollar to the pump price and this car's 5-year total rises $2,728 to $58,300 — at 22 mpg and 12,000 mi/yr, fuel is the lever your own driving moves most.
Jeep Grand Cherokee Laredo cost anatomy — where the money concentrates
The Jeep Grand Cherokee Laredo costs about $55,572 to own over 5 years in the U.S. — $926/month, $0.93/mi at 12,000 mi/yr — and depreciation is the biggest line: $20,360, 37% of the total (as of August 6, 2026).
- Where the Jeep Grand Cherokee Laredo's $55,572 actually goes: depreciation $20,360 (37%), insurance $11,000 (20%), gas $10,492 (19%), financing interest $6,661 (12%), maintenance $6,060 (11%), registration & fees $1,000 (2%).
- Per mile, that is $0.34 of depreciation and $0.17 of gas, with $0.41 for everything else — $0.93/mile all-in.
- Gas vs the fleet: the Jeep Grand Cherokee Laredo's 5-year gas bill ($10,492) runs $1,259 above the $9,233 median of the 37 gas and hybrid models we price at the same rates.
What we assume for maintenance
Maintenance & repairs for the Jeep Grand Cherokee Laredo are costed at $0.101/mi (our standard gas car rate) — about $1,212/yr at 12,000 mi/yr, and $6,060 of the 5-year total above. That's about $108/yr more than the $0.092/mi we cost for the gas Toyota RAV4 LE it is compared against above ($5,520 over 5 years) — no servicing saving here.
Rates are anchored to U.S. DOE 2025 per-mile figures (AAA-calibrated) — full sourcing in the methodology. The total scales with the annual-miles input in the calculator.
Recalls & reliability record — Grand Cherokee
Official U.S. National Highway Traffic Safety Administration (NHTSA) safety record for the Grand Cherokee, MY 2017–2026. Figures cover all powertrains and trims sold under the Grand Cherokee nameplate for the model years shown. A recall means a free remedy is available at no cost. Source: NHTSA (nhtsa.gov), data as of .
Recalls (49)
- Power Train
Dealers will update the shifter module software, free of charge.
- Air Bags
Dealers will update the occupant restraint controller module software, free of charge.
- Suspension
Dealers will inspect and repair the rear coil spring assembly, as necessary, free of charge.
- Electrical System
Owners are advised to park outside and away from structures and not to charge their vehicles until the remedy is completed.
Park outside, away from structures, until repaired — NHTSA “Park Outside” advisory.
- Electrical System
Dealers will update the hybrid control processer software, free of charge.
- Seats
Dealers will inspect and replace both second-row seat head restraints, as necessary, free of charge.
- Visibility
Dealers will inspect and replace the blower motor, as necessary free of charge.
- Equipment
Dealers replaced the DCSD, free of charge.
Full recall history: every Grand Cherokee campaign → — all 49 campaigns, grouped by year.
Consumer complaints
NHTSA has 3,198 consumer complaints on file for the Grand Cherokee (MY 2017–2026). The most-reported areas: Electrical System, Engine, Power Train. Complaints are unverified reports submitted by consumers to NHTSA.
Jeep Grand Cherokee Laredo head-to-head comparisons
The 5-year cost gap against the cars buyers cross-shop:
Where the Jeep Grand Cherokee Laredo numbers change most
Same car, same 5-year horizon, 51 different state rate sets: the total runs from $52,958 in Indiana to $59,328 in California — a $6,370 swing, 11% of its U.S.-average $55,572. Every 10¢/gal at the pump moves this car's total by about $273; state registration fees stack on top of that. Each link opens that state's cost table at the Jeep Grand Cherokee Laredo row.
Cheapest states for the Jeep Grand Cherokee Laredo
Most expensive states for the Jeep Grand Cherokee Laredo
- California $59,328
- Hawaii $59,308
- Washington $58,382
- Alaska $57,571
- Oregon $57,236
- Nevada $56,955
Does any state change the verdict? No. Against the Toyota RAV4 LE (gas) — the segment rival we price it against — the Toyota RAV4 LE (gas) is cheaper in all 51 state rate sets, by $14,480 at the U.S. average. No state's mix of electricity, pump price and fees closes that gap, so there is no "it depends on where you live" story here.