Price For 2024 Jeep Cherokee: Understanding What’s Available and What’s Not

Price For 2024 Jeep Cherokee: Understanding What’s Available and What’s Not jeeps.truckstrend.com

This article aims to provide a comprehensive guide to understanding why you won’t find pricing for a 2024 Jeep Cherokee, what its discontinuation means for potential buyers, and what alternatives (both new and used) exist for those seeking a Jeep SUV. We will delve into the pricing of the last available model year (2023), discuss the factors that influenced its cost, and offer practical advice for navigating the current market for a Jeep that meets your needs and budget.

Price For 2024 Jeep Cherokee: Understanding What’s Available and What’s Not

The End of an Era: Why There’s No 2024 Jeep Cherokee

The news of the Jeep Cherokee’s discontinuation came as a surprise to some, but it reflects a broader strategic shift within Stellantis (Jeep’s parent company) towards electrification, larger vehicles, and streamlining their SUV lineup. Production of the Jeep Cherokee at the Belvidere Assembly Plant in Illinois ceased in early 2023, effectively making the 2023 model year its last.

This means that any search for "Price For 2024 Jeep Cherokee" will lead to a dead end. Dealers are no longer receiving new Cherokee units, and the focus has shifted to other models within the Jeep family, such as the Compass, Grand Cherokee, and the Wagoneer/Grand Wagoneer line. The decision was influenced by several factors, including evolving consumer preferences, the need to retool plants for future electric vehicle production, and the strong performance of other Jeep SUVs that effectively fill the market segments once dominated by the Cherokee.

For prospective buyers, this clarification is vital. It means that if you’re set on owning a Jeep Cherokee, your options are limited to the remaining new 2023 stock (which is rapidly dwindling) or exploring the robust used car market.

Understanding 2023 Jeep Cherokee Pricing: The Last Model Year

Since there is no 2024 model, the most relevant pricing information pertains to the 2023 Jeep Cherokee. This was the final iteration of the vehicle, offering a balance of capability, comfort, and technology that defined the Cherokee for years. For its last year, Jeep simplified the trim lineup, focusing on two main variants: the Latitude Lux and the rugged Trailhawk.

It’s important to remember that the Manufacturer’s Suggested Retail Price (MSRP) is just a starting point. The actual price you pay for a new 2023 Cherokee (if you can still find one) or a used model will depend on numerous factors, including:

• Remaining New Inventory (2023 Models): With production ceased, any new 2023 Cherokees still on dealer lots are limited. Dealers might be offering incentives to clear remaining stock, or conversely, if demand outstrips the scarce supply in certain areas, prices could hold firm.
• Trim Level: The Latitude Lux offered a more refined, road-focused experience, while the Trailhawk was geared towards serious off-road enthusiasts with enhanced capability features.
• Optional Features and Packages: Premium paint colors, sunroofs, advanced safety packages, upgraded infotainment systems, and other add-ons significantly increase the final price.
• Destination Charge: A mandatory fee charged by the manufacturer to transport the vehicle from the assembly plant to the dealership. For 2023 Jeep models, this was typically around $1,795.
• Dealer Markups/Discounts: Market conditions, dealer policies, and negotiation skills can lead to prices above or below MSRP.
• Location: Pricing can vary by region due to different market demands and transportation costs.

2023 Jeep Cherokee Trims and Starting MSRP (Approximate)

Below is an approximate breakdown of the starting MSRPs for the 2023 Jeep Cherokee trims. Please note these figures do not include optional features, taxes, registration fees, or dealer-specific charges.