Jeep Grand Cherokee Laredo cost to own in the U.S. — the true 5-year total

Q: What does the Jeep Grand Cherokee Laredo really cost to own over 5 years?

The Jeep Grand Cherokee Laredo costs about $55,572 to own over 5 years in the U.S. — about $926/month — including depreciation, fuel, maintenance, insurance, financing and fees.

Q: How much does the Jeep Grand Cherokee Laredo cost per month?

About $926/month over 5 years in the U.S. ($0.93/mile) — depreciation, fuel, insurance, maintenance, financing and fees included.

Q: How much does the Jeep Grand Cherokee Laredo cost in fuel over 5 years?

About $10,492 at 22 mpg and $3.85/gal (the U.S.) — already inside the 5-year total above.

Q: How much does the Jeep Grand Cherokee Laredo cost to insure?

Budget about $2,200/yr for this class (Insurify/Bankrate 2026) — included in the total above. Quotes vary widely by driver and ZIP.

By the EVCostIQ research desk · reviewed against our public methodology · every source dated on this page

The Jeep Grand Cherokee Laredo starts at $38,415. As of July 1, 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

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
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. Here's how the biggest levers work — and the ones that sit outside the total.

Financing. Borrow the full $38,415 at a typical 7.2% new-car APR over 60 months and interest alone adds about $7,443. Lower the APR or add a down payment in the calculator and the total drops — financing is in the 5-year figure above.
Insurance. Budget about $2,200/yr to insure this class — our own estimate, calibrated to Insurify/Bankrate 2026, included in the total above. Quotes vary widely by driver and ZIP, so get your own before deciding.
Fuel price. The total uses the U.S. average pump price of $3.85/gal. Enter your local price in the calculator — at high-mileage driving it's the biggest single lever.

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 July 10, 2026.

Recalls (49)

Power Train26V413000 · June 30, 2026
Dealers will update the shifter module software, free of charge.
Air Bags26V328000 · May 21, 2026
Dealers will update the occupant restraint controller module software, free of charge.
Suspension26V051000 · January 29, 2026
Dealers will inspect and repair the rear coil spring assembly, as necessary, free of charge.
Electrical System25V741000 · October 30, 2025
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 System25V576000 · September 4, 2025
Dealers will update the hybrid control processer software, free of charge.
Seats25V472000 · July 17, 2025
Dealers will inspect and replace both second-row seat head restraints, as necessary, free of charge.
Visibility25V430000 · June 26, 2025
Dealers will inspect and replace the blower motor, as necessary free of charge.
Equipment25V083000 · February 13, 2025
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.

Compare with similar SUVs

FAQ

What does the Jeep Grand Cherokee Laredo really cost to own over 5 years?

The Jeep Grand Cherokee Laredo costs about $55,572 to own over 5 years in the U.S. — about $926/month — including depreciation, fuel, maintenance, insurance, financing and fees.

How much does the Jeep Grand Cherokee Laredo cost per month?

About $926/month over 5 years in the U.S. ($0.93/mile) — depreciation, fuel, insurance, maintenance, financing and fees included.

Is the Jeep Grand Cherokee Laredo cheaper to own than the Toyota RAV4 LE (gas)?

No — over 5 years the Jeep Grand Cherokee Laredo costs about $55,572 vs $41,092 for the Toyota RAV4 LE (gas): $14,480 more.

How much does the Jeep Grand Cherokee Laredo cost in fuel over 5 years?

About $10,492 at 22 mpg and $3.85/gal (the U.S.) — already inside the 5-year total above.

How much does the Jeep Grand Cherokee Laredo cost to insure?

Budget about $2,200/yr for this class (Insurify/Bankrate 2026) — included in the total above. Quotes vary widely by driver and ZIP.

Does the Grand Cherokee have any recalls?

Yes — NHTSA lists 49 recall campaigns for the Grand Cherokee (MY 2017–2026) as of July 10, 2026. A recall means a free remedy is available at no cost; the most recent covers power train (26V413000). See the recalls list on this page.