How Much Is A 2003 Jeep Grand Cherokee Worth?

by | Last updated on January 24, 2024

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The value of a used 2003 Jeep Grand Cherokee ranges

from $775 to $3,923

, based on vehicle condition, mileage, and options.

How many miles does a 2003 Jeep Grand Cherokee last?

When in reality, the Jeep fanatics know that as long as the vehicle has been well-maintained, those Jeeps could easily last for another

150,000 miles

.

Do Grand Cherokees hold their value?

A Jeep Grand Cherokee will depreciate 51% after 5 years and have a 5 year resale value of $23,561. The Jeep Grand Cherokee

does an OK job of holding its value

, but it’s not great. … Our depreciation calculator will predict an expected resale value for the Jeep Grand Cherokee.

Is a 2003 Jeep Grand Cherokee reliable?

The 03 Jeep Grand Cherokee is

a durable dependable vehicle

.

What is a fair price for Jeep Grand Cherokee?

The 2021 Jeep Grand Cherokee SUV has a Manufacturer’s Suggested Retail Price (MSRP) of

$32,350

for a 2-wheel-drive Laredo model. Add the $1,495 destination charge and it comes to $33,845. Limited trim starts in the low 40s. The Trailhawk starts at $46,850; a luxury-oriented Summit begins just under $55,000.

What are the worst years for Jeep Cherokee?

Owners have submitted 10,819 complaints for all Jeep vehicles, and Car Complaints found that the worst models are all either Jeep Grand Cherokees or Jeep Cherokees. The worst model years are the

2011 Grand Cherokee, 2015 Grand Cherokee, 2014 Grand Cherokee, 2015 Cherokee, and 2014 Cherokee.

Do Jeep Grand Cherokees have a lot of problems?

The

Grand Cherokee has more than a quarter of all the Jeep complaints

, with 3,000 across all model years. In all these years, the worst problem category has been electrical problems.

How much can a 2003 Jeep Grand Cherokee tow?

The 2003 Jeep Grand Cherokee has a towing capacity of

6500 pounds

, with a tongue weight of 650 pounds. The payload is 1000 pounds. The engine torque is either 230 lbs.

What’s the best year for Jeep Grand Cherokee?

  • The 2010 Jeep Grand Cherokee is the best year to purchase. These models are reliable and have fewer problems than other rivaling years. …
  • Fewer Electrical Problems. …
  • High Mileage. …
  • Affordable. …
  • Aesthetic. …
  • 2009. …
  • 2011. …
  • 2015.

Which model Jeep Grand Cherokee is the best?

Key Features. With its uncompromising grit and power,

the 2020 Jeep Grand Cherokee Trackhawk

is the highest trim in the lineup, starting at $87,095 MSRP.

Is Jeep Grand Cherokee a good buy?

The 2021 Jeep Grand Cherokee is

a good SUV in

a class of all-stars. The Grand Cherokee has a quality interior, it’s very capable off road, and it can tow heavy loads with ease. Its infotainment system is user-friendly as well. … All in all, the Grand Cherokee is a good option, just not a top pick.

What year Jeep should I avoid?

If you are considering buying a Jeep Wrangler, the years to avoid are the

2007, 2008, and 2012 models

. Wranglers are not immune to problems but these models are at the top of the list due to how bad these problems were.

Why are Jeep Cherokees so cheap?


Supply and Demand

. The main reason that used Jeep Cherokees tend to be less expensive than other used midsized SUVs comes down to the simple principle of supply and demand.

What year Jeep is the most reliable?

A few of the best years for the Jeep Wrangler include

1980, 1990, 1996, 2003, 2010, 2011, 2015, and 2018

. Each of these models comes with different features, different perks, and different prices. Because there is such a wide variety, there is a model here for every budget.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.