Thursday, March 19, 2026

Jeep Grand Cherokee PHEV value slashed by over $30,000 in runout sale

Jeep nonetheless has examples of its flagship Grand Cherokee in Australia, and it’s providing main reductions to clear inventory of the discontinued massive SUV.

The Jeep Grand Cherokee Summit Reserve 4xe plug-in hybrid (PHEV) is now being supplied for $77,760 earlier than on-roads, which is $33,090 lower than its earlier listing value of $110,850 plus on-roads.

There are 90 models remaining. For context, Jeep delivered 22 examples of the Grand Cherokee Summit Reserve 4xe from January to the tip of July this 12 months.

Sharp runout offers throughout the discontinued massive SUV vary have helped improve gross sales. To the tip of July, complete Grand Cherokee gross sales are up 35.5 per cent year-to-date to 554 models, making it Jeep’s greatest vendor by some margin.

CarExpert can prevent hundreds on a brand new Jeep Grand Cherokee. Click on right here to get an excellent deal.

The flagship Grand Cherokee Summit Reserve 4xe was launched right here in 2023 with a price ticket of $128,950 earlier than on-roads earlier than Jeep introduced range-wide value cuts in Might 2024. That makes its new value 40 per cent decrease than its launch value.

The Summit Reserve 4xe was the one WL Grand Cherokee supplied right here with the turbocharged 2.0-litre four-cylinder PHEV powertrain, which was unique globally to the shorter, five-seat physique model.

It contains a 17.3kWh battery and a claimed 52km of electric-only driving vary below the extra lenient NEDC cycle, in addition to gasoline consumption of three.2L/100km and complete system outputs of 280kW of energy and 637Nm of torque.

Jeep launched the present WL sequence Grand Cherokee in Australia in 2022, arriving first in long-wheelbase, seven-seat L guise.