2014 Jeep Grand Cherokee Price Used: A Comprehensive Guide to Buying Smart
2014 Jeep Grand Cherokee Price Used: A Comprehensive Guide to Buying Smart jeeps.truckstrend.com
The 2014 Jeep Grand Cherokee stands as a pivotal model year for the iconic SUV, marking a significant refresh that enhanced its appeal with updated styling, improved interiors, and a new 8-speed automatic transmission across the lineup. For many discerning buyers in today’s market, a used 2014 Grand Cherokee represents an enticing blend of rugged capability, surprising luxury, and accessible pricing. Understanding the "2014 Jeep Grand Cherokee Price Used" is crucial for anyone looking to make a smart purchase, as values can vary significantly based on a multitude of factors. This guide aims to demystify the used market for this popular vehicle, providing insights and practical advice to help you find the best deal.
Factors Influencing the Used Price of a 2014 Jeep Grand Cherokee
2014 Jeep Grand Cherokee Price Used: A Comprehensive Guide to Buying Smart
The price you’ll pay for a used 2014 Jeep Grand Cherokee is rarely a fixed number. Instead, it’s a dynamic figure influenced by several key variables. Being aware of these factors will empower you during your search and negotiation.
1. Trim Level
The 2014 Grand Cherokee was offered in a range of trim levels, each with progressively more features and, consequently, a higher original MSRP and used market value:
- Laredo: The base model, offering essential features and great value. Tends to be the most affordable used option.
- Limited: A popular mid-range trim, adding features like leather upholstery, heated seats, and a power liftgate. Commands a moderate price increase.
- Overland: Steps up to more luxury with premium leather, air suspension (Quadra-Lift), and advanced navigation. Expect a noticeable jump in price.
- Summit: The pinnacle of luxury, featuring unique styling, higher-grade materials, adaptive cruise control, and advanced safety features. These will be among the most expensive non-SRT models.
- SRT: The high-performance variant with a powerful 6.4L HEMI V8 engine, sport-tuned suspension, and aggressive styling. This trim commands a significantly higher price due to its niche appeal and performance capabilities.
2. Engine Type
The 2014 model offered several engine choices, each impacting the price:
- 3.6L Pentastar V6: The standard and most common engine, offering a good balance of power and fuel efficiency. Most affordable.
- 5.7L HEMI V8: Available on higher trims, providing more power for towing and acceleration. Increases the price.
- 3.0L EcoDiesel V6: A popular option for its impressive fuel economy and strong torque for towing. Diesel models often carry a premium due to their efficiency and durability.
- 6.4L HEMI V8 (SRT): Exclusive to the SRT trim, this performance engine pushes the price considerably higher.
3. Mileage
As with any used vehicle, lower mileage generally translates to a higher price, assuming all other factors are equal. A 2014 model with significantly below-average mileage (e.g., under 80,000 miles) will be more expensive than one with average (e.g., 120,000-150,000 miles) or high mileage (e.g., over 180,000 miles).
4. Condition (Interior, Exterior, Mechanical)
A meticulously maintained Grand Cherokee with a clean interior, blemish-free exterior, and no mechanical issues will fetch a higher price. Conversely, a vehicle with dents, scratches, stained upholstery, or known mechanical problems will be priced lower to account for necessary repairs and reconditioning.
5. Optional Features and Packages
Beyond the standard trim features, individual options like the panoramic sunroof, advanced navigation system, rear-seat entertainment, specialized off-road packages (e.g., Quadra-Drive II), or advanced safety features (e.g., blind-spot monitoring, forward collision warning) can increase the used value.
6. Drivetrain (2WD vs. 4WD)
While most Grand Cherokees are known for their 4×4 capability, 2WD versions exist, particularly in southern climates. 4WD models are generally more desirable and thus command a higher price, especially in regions with snow or where off-roading is common.
7. Geographic Location
Prices can vary by region due to demand, supply, and even local taxes. A Grand Cherokee might be more expensive in a snowy state where 4WD is essential than in a desert climate.
8. Maintenance History and Accident Reports
A complete service history indicating regular maintenance adds significant value. Conversely, a history of accidents (especially major ones) or salvage titles will drastically reduce the price and desirability. Always obtain a vehicle history report (e.g., CarFax or AutoCheck).
Understanding the 2014 Jeep Grand Cherokee Trims and Their Price Implications
To better understand pricing, let’s briefly look at how each trim level impacts the used market:
- Laredo: Your entry point. Expect prices to be the lowest, making it a good option for budget-conscious buyers who still want the Grand Cherokee’s core attributes.
- Limited: The sweet spot for many. It offers a significant upgrade in comfort and convenience features without the premium price tag of the Overland or Summit. These are plentiful on the used market, offering good negotiation room.
- Overland: For those seeking a more luxurious experience. The Quadra-Lift air suspension is a key differentiator, offering adjustable ride height, but also a potential long-term maintenance consideration. Prices are notably higher than the Limited.
- Summit: The ultimate luxury variant. It’s less common on the used market and commands top dollar for its refined interior and comprehensive feature set.
- SRT: A performance beast. These are niche vehicles with high depreciation from new, but still maintain a significantly higher used price than any other trim due to their unique engine and capabilities.
Where to Find Used 2014 Jeep Grand Cherokees
Your search for a used 2014 Grand Cherokee can take you to several places, each with its own pros and cons regarding price, selection, and peace of mind.
- Dealerships (Franchise & Independent): Offer convenience, often have reconditioned vehicles, and may provide warranties. Prices might be slightly higher, but financing options are readily available.
- Online Marketplaces (Autotrader, Cars.com, CarGurus): Excellent for browsing a wide selection from both dealerships and private sellers. They provide tools for filtering by price, mileage, and features.
- Private Sellers (Craigslist, Facebook Marketplace): Often offer the lowest prices because there’s no dealer markup. However, the process requires more due diligence from the buyer, including arranging inspections and handling paperwork.
- Auction Sites: Can yield very low prices but are generally for experienced buyers who understand the risks of buying "as-is" vehicles.
Tips for Evaluating a Used 2014 Jeep Grand Cherokee
Before you settle on a price, thorough evaluation is key.
- Vehicle History Report: This is non-negotiable. Use CarFax or AutoCheck to verify mileage, check for accidents, salvage titles, flood damage, and service history.
- Thorough Inspection:
- Exterior: Look for rust (especially around wheel wells and undercarriage), panel gaps (indicating accident repair), tire condition, and paint quality.
- Interior: Check for excessive wear on seats, steering wheel, and pedals. Test all electronics (infotainment, power windows, HVAC, heated seats).
- Under the Hood: Check fluid levels, look for leaks, corrosion, and listen for unusual noises from the engine.
- Undercarriage: Inspect for signs of off-road abuse, rust, or damage to suspension components.
- Test Drive: Drive on various road types (city, highway, bumps) to assess acceleration, braking, steering, and transmission shifts. Listen for strange noises, feel for vibrations, and check if all warning lights operate correctly.
- Pre-Purchase Inspection (PPI): Even if the vehicle looks great, invest in a PPI by an independent, trusted mechanic. They can identify hidden issues that might be costly down the road, giving you leverage for price negotiation or a reason to walk away.
- Check for Recalls: Use the VIN on the NHTSA website to see if any open recalls need to be addressed.
Financing and Budgeting for Your Purchase
When considering the "2014 Jeep Grand Cherokee Price Used," remember the purchase price is only part of the equation.
- Total Cost of Ownership: Factor in sales tax, registration fees, potential reconditioning costs, insurance, and ongoing maintenance.
- Financing: Explore loan options from banks, credit unions, and dealership financing. Get pre-approved to understand your budget and strengthen your negotiating position. Your credit score will significantly impact your interest rate.
- Insurance: Get quotes before buying, as rates can vary widely based on your location, driving history, and the vehicle’s trim level (SRT models will be more expensive to insure).
- Maintenance: While reliable, any used vehicle will require maintenance. Factor in costs for oil changes, tire rotations, and potential repairs. The 2014 Grand Cherokee with the 8-speed transmission is generally robust, but components like the air suspension (if equipped) can be costly to repair if they fail.
2014 Jeep Grand Cherokee Used Price Table
Below is an estimated price range for a used 2014 Jeep Grand Cherokee, considering various factors. These figures are approximate and can fluctuate based on specific market conditions, geographic location, vehicle history, and exact features. Prices generally reflect vehicles in good to very good condition with average mileage for their age (around 100,000-150,000 miles). Lower mileage and excellent condition will push prices higher; higher mileage and fair condition will push them lower.
| Trim Level | Engine | Drivetrain | Estimated Low Price (Fair/High Mileage) | Estimated Mid Price (Good/Avg Mileage) | Estimated High Price (Excellent/Low Mileage) |
|---|---|---|---|---|---|
| Laredo | 3.6L V6 | 2WD | $9,000 | $11,500 | $14,000 |
| Laredo | 3.6L V6 | 4WD | $10,000 | $12,500 | $15,500 |
| Limited | 3.6L V6 | 2WD | $10,500 | $13,000 | $16,000 |
| Limited | 3.6L V6 | 4WD | $11,500 | $14,500 | $17,500 |
| Limited | 5.7L V8 | 4WD | $12,500 | $15,500 | $19,000 |
| Overland | 3.6L V6 | 4WD | $13,000 | $16,000 | $20,000 |
| Overland | 5.7L V8 | 4WD | $14,000 | $17,500 | $21,500 |
| Overland | 3.0L EcoD | 4WD | $15,000 | $18,500 | $23,000 |
| Summit | 3.6L V6 | 4WD | $15,000 | $18,500 | $23,000 |
| Summit | 5.7L V8 | 4WD | $16,000 | $19,500 | $24,500 |
| Summit | 3.0L EcoD | 4WD | $17,000 | $21,000 | $26,000 |
| SRT | 6.4L V8 | 4WD | $22,000 | $27,000 | $35,000+ |
Note: These are estimates. Always consult current market data from sources like Kelley Blue Book (KBB.com), Edmunds.com, or NADAguides.com for the most accurate values based on your specific location and vehicle details.
Frequently Asked Questions (FAQ)
Q1: Is the 2014 Jeep Grand Cherokee reliable?
A1: The 2014 model year, post-refresh, is generally considered to be one of the more reliable Grand Cherokee generations. The new 8-speed automatic transmission improved efficiency and often proved more robust than earlier transmissions. However, like any vehicle, specific reliability can depend on maintenance history. The Pentastar V6 and HEMI V8 engines are generally well-regarded.
Q2: What are common issues with the 2014 Grand Cherokee?
A2: While reliable, some owners report issues with the Uconnect infotainment system (software glitches), occasional electrical gremlins, and potential failures of the Quadra-Lift air suspension system on higher trims as the vehicle ages. Diesel models may have specific issues related to their emissions systems. Always check for a comprehensive service history.
Q3: What mileage is too high for a 2014 Grand Cherokee?
A3: There’s no definitive "too high" mileage. A well-maintained 2014 Grand Cherokee with 150,000-200,000 miles can still have many years of life left. The key is consistent maintenance. Vehicles with over 200,000 miles will naturally be priced lower and carry higher inherent risk for major repairs.
Q4: Is the EcoDiesel worth the extra cost?
A4: The 3.0L EcoDiesel offers impressive fuel economy (up to 30 MPG highway) and robust towing capacity. While it typically costs more upfront on the used market, the fuel savings and torque can make it worthwhile for those who drive long distances or tow frequently. Be aware that diesel maintenance can sometimes be more specialized and potentially more expensive.
Q5: How much does insurance cost for a 2014 Grand Cherokee?
A5: Insurance costs vary widely based on your location, driving record, chosen coverage, and the specific trim level. Performance models like the SRT will have significantly higher insurance premiums than a Laredo V6. It’s essential to get quotes from multiple insurance providers before purchasing.
Q6: What’s the difference between Quadra-Trac and Quadra-Drive, and how does it affect price?
A6: Both are Jeep’s 4WD systems. Quadra-Trac (I, II) is a capable 4WD system. Quadra-Drive II is more advanced, adding electronic limited-slip differentials (ELSDs) for superior traction in extreme off-road conditions. Vehicles with Quadra-Drive II or the Off-Road Adventure Group packages are more desirable for serious off-roaders and thus may command a slightly higher price.
Conclusion
The 2014 Jeep Grand Cherokee remains a highly desirable used SUV, offering a compelling combination of off-road prowess, on-road comfort, and a touch of luxury. Its refreshed design and improved mechanics make it a strong contender in the used market. By understanding the various factors that influence its price – from trim level and engine choice to mileage and condition – you can approach your search with confidence. Utilize online resources, conduct thorough inspections, and always prioritize a pre-purchase inspection by a trusted mechanic. With careful research and a strategic approach, you can find a well-priced 2014 Grand Cherokee that perfectly suits your needs and budget, delivering years of capable and comfortable driving.
