What is the Value of My Jeep Grand Cherokee?
Knowing the current resale value of your Jeep Grand Cherokee can be helpful if you’re thinking about selling the SUV or using it as collateral for a car title loan. Thankfully, many online car valuation resources, like Kelley Blue Book or NADA, can help you learn more about the current value of your SUV! All you need to do is enter some basic information about your vehicle into an online form, and it will show you an estimate of what it is currently worth! Additionally, you can use LoanMart’s online title loan calculator to obtain a vehicle value estimate and a quick loan quote with no obligation.1 3
Online vehicle valuation tools will consider many different factors when estimating the value of your vehicle, including market demand and your location. However, here are some of the most important ones that will greatly affect your Jeep Grand Cherokee’s resale value:
- The Current Condition of Your SUV: Vehicles that are well maintained are often worth more than those that are neglected. Things like regular oil changes and tire rotations may seem small, but they affect your SUV’s value over time. If you consistently keep up with regular vehicle maintenance, it will be easier to keep your Grand Cherokee in good condition.
- The Age of Your Jeep Grand Cherokee: Older vehicles usually have less value than newer models because of a concept in the automobile industry known as depreciation. However, it is possible for an older model to retain a considerable amount of value over the years.
- The Mileage Listed on Your Vehicle’s Odometer: If you’re attempting to sell your SUV, keep in mind that most buyers want a reliable vehicle with low mileage. But, even if your Grand Cherokee has high mileage, it could still qualify as collateral for an auto title loan serviced by LoanMart!1
You can try to maintain the current value of your Jeep Grand Cherokee by following some simple tips, such as driving your car less or following Jeep’s recommended maintenance schedule. You could potentially maintain the value of your vehicle over the years by taking better care of it!
If you just want quick funding to cover an emergency expense, you can apply for a title loan serviced by LoanMart online or over the phone today! Click here to begin the application process for a title loan on your Jeep Grand Cherokee.1
Do Jeep Grand Cherokees Have a Good Trade-in Value?
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When it comes to trade-in value, Jeep Grand Cherokees are generally considered to hold their value well in the used car market. Trading in your Jeep Grand Cherokee makes sense if you're thinking about buying a new car.
If you want to get the best deal, however, you should know more about the current market value of your Jeep Grand Cherokee before visiting a dealership. If you are aware of what your vehicle is worth, it will be easier to stand your ground and get the best price for your SUV. The key to negotiating with a car salesperson is to do your research and be aware that some dealerships may not be completely honest with you. Here’s what you can expect the trade-in process to look like:
- Gather the Necessary Paperwork and Clean Your Vehicle
- Negotiate a Reasonable Offer with Your Dealer
- Allow the Dealer to Inspect Your Vehicle
- Close the Deal and Get Your New Car!
It’s worth mentioning that trading in a vehicle can be a lot simpler than selling it to a private party. You could finish the trade-in process in one day and leave with a new car in a matter of hours!
Jeep Grand Cherokee Estimated Funded Amount
The average title loan amount for a title loan serviced by LoanMart on a Jeep Grand Cherokee is $5,112, with approximately 123,261 miles on the odometer.
The table below shows some estimated loan amounts for different Jeep Grand Cherokees over the past few years. You can use this table to learn more about the amount you could potentially access if you qualify for a car title loan serviced by LoanMart on a Jeep Grand Cherokee:1
| Make | Model | Year | Avg. Mileage | Avg. Loan |
|---|---|---|---|---|
| Jeep | Grand Cherokee | N/A | 123,261 | $5,112 |
| Jeep | Grand Cherokee | 1999 | 100,184 | $2,000 |
| Jeep | Grand Cherokee | 2000 | 185,649 | $2,000 |
| Jeep | Grand Cherokee | 2001 | 171,673 | $1,000 |
| Jeep | Grand Cherokee | 2002 | 180,133 | $1,712 |
| Jeep | Grand Cherokee | 2003 | 180,088 | $2,000 |
| Jeep | Grand Cherokee | 2004 | 183,771 | $1,742 |
| Jeep | Grand Cherokee | 2005 | 182,019 | $1,818 |
| Jeep | Grand Cherokee | 2006 | 166,590 | $2,402 |
| Jeep | Grand Cherokee | 2007 | 163,663 | $2,654 |
| Jeep | Grand Cherokee | 2008 | 162,900 | $2,427 |
| Jeep | Grand Cherokee | 2009 | 177,350 | $2,615 |
| Jeep | Grand Cherokee | 2010 | 141,056 | $3,642 |
| Jeep | Grand Cherokee | 2011 | 145,222 | $3,959 |
| Jeep | Grand Cherokee | 2012 | 147,702 | $4,132 |
| Jeep | Grand Cherokee | 2013 | 134,249 | $6,035.57 |
| Jeep | Grand Cherokee | 2014 | 125,436 | $7,671.31 |
| Jeep | Grand Cherokee | 2015 | 114,084 | $8,287.41 |
| Jeep | Grand Cherokee | 2016 | 61,669 | $12,084.23 |
| Jeep | Grand Cherokee | 2017 | 70,049 | $8,674.96 |
| Jeep | Grand Cherokee | 2018 | 42,520 | $10,669.67 |
| Jeep | Grand Cherokee | 2019 | 36,832 | $7,713.28 |
| Jeep | Grand Cherokee | 2020 | 22,650 | $5,702.03 |
| Jeep | Grand Cherokee | 2021 | 44,696 | $13,759.57 |
| Jeep | Grand Cherokee | 2022 | 18,089 | $7,977.75 |
Find Out More About the Jeep Grand Cherokee
The American vehicle manufacturer Jeep began producing the Grand Cherokee series in 1993. Since its inception, the Grand Cherokee has remained one of the most popular SUVs on the market! Depending on the trim level of your vehicle, the Grand Cherokee can tow anywhere between 6,200 pounds to 7,200 pounds!
The Jeep Grand Cherokee is the perfect SUV for families that need a durable and reliable vehicle. Some of the key safety features for the 2023 Grand Cherokee include electronic stability control, blind spot monitoring, and a forward collision system.
Where Can I Borrow Against the Value of My Jeep Grand Cherokee?
Looking to borrow against the value of your Jeep Grand Cherokee? Apply for a title loan serviced by LoanMart today and get your fast cash in as little as 24 hours if you qualify. Just take advantage of a simple and straightforward application process to find out if you are eligible for quick funding!1 3
Here’s a closer look at the three basic steps you must complete to apply for fast money:1
- Submit a Quick Loan Inquiry Online or Over the Phone3
- Submit a Few Documents to Verify Your Information
- Get Your Loan Proceeds if You Qualify!1
Contact a title loan agent at 855-422-7412 to apply for a title loan on your SUV today! If you’re eligible, you could access a portion of the overall value of your Jeep Grand Cherokee. So why wait to call and see if you qualify for the emergency cash you need?1
