2026 Jeep Cherokee: real cost in Ontario
See the Cherokee on Jeep's site ↗Prices read 2026-11-06
Cheapest trim, Cherokee · Toronto · age 35–59 · 6 years · 18,000 km a yearChange
Sticker$39,995the advertised price
Drive away$48,691with fees and HST
Loan payment$734/mo72-month loan at 6.5%, $5,000 down
True cost$1,086/moeverything, after resale
$48,691 to drive away + $50,265 to run it for 6 years − $20,736 back at resale = $78,219, or $1,086 a month.
Where the money goes
Drive away$48,691
Running it, 6 yrs+$50,265
Back at resale−$20,736
Sticker pricethe advertised MSRP
+$39,995Feesfreight $2,295 · dealer $699 (typical) · levies $100
+$3,094HST, 13%Ontario
+$5,602Insuranceestimate, age 35–59, Toronto
+$13,330Fuel18,000 km a year at 6.3 L/100 km
+$10,546Lost return on your money5% a year on the down payment and each payment
+$10,130Loan interest6.5% over 72 months
+$9,189Maintenanceestimate
+$6,980Registration and plates6 years in Ontario
+$91Resale after 6 years52% of MSRP, you get this back
−$20,736True cost $78,219 ÷ 72 months$1,086 a month
The car
Size and space
BodySport Utility4.78 m long
Seats5
Cargo952.1 Lbehind row 2
Ground clearance26 cmhigh; good for snow and trails
Engine and fuel
Engine177 hp hybrid, 4WD
0–100 km/h9.3 sour estimate from power and weight
Fuel use6.3 L/100 kmNatural Resources Canada
TowingUp to 3,500 lb
Tires17", 18" or 20"by trim
Safety and cover
US crash testNot rated yet
Highway assistSteers and brakeshands on the wheel · some trims or an option
Warranty3 yrs / 60,000 kmpowertrain 5 yrs / 100,000 km
Resale at 6 years52% of MSRPaverage for its type
Every trim
All trims: 4WD, 177 hp, 6.3 L/100 km, 5 seats.| Cherokee Customer Preferred Package 23L | $39,995 | $48,691 | $78,219 | ✓ $1,086/mo | ✓ Yes | — No |
| Laredo Customer Preferred Package 23F | $44,995 | $54,341 | $84,205 | $1,170/mo | — No | — No |
| Limited Customer Preferred Package 23G | $49,995 | $59,991 | $90,202 | $1,253/mo | — No | ✓ Yes |
| 85th Anniversary Edition Customer Preferred Package 23J | $51,495 | $61,686 | $92,299 | $1,282/mo | — No | ✓ Yes |
| Overland Customer Preferred Package 23Q | $53,995 | $64,511 | $94,989 | $1,319/mo | — No | ✓ Yes |
CherokeeCustomer Preferred Package 23L
✓ $1,086/mo
True cost
LaredoCustomer Preferred Package 23F
$1,170/mo
True cost
LimitedCustomer Preferred Package 23G
$1,253/mo
True cost
85th Anniversary EditionCustomer Preferred Package 23J
$1,282/mo
True cost
OverlandCustomer Preferred Package 23Q
$1,319/mo
True cost
Features, trim by trim
Cheapest on the left. Each bar starts at the trim that adds it. + $ is the cheapest factory option or package that adds it (hover for its name).Feature
Cherokee Customer Preferred Package 23L$39,995
Laredo Customer Preferred Package 23F$44,995
Limited Customer Preferred Package 23G$49,995
85th Anniversary Edition Customer Preferred Package 23J$51,495
Overland Customer Preferred Package 23Q$53,995
Safety and driver assist
Automatic braking
✓ Every trim
Blind-spot monitor
✓ Every trim
Rear cross-traffic alert
✓ Every trim
Adaptive cruise
✓ Every trim
Lane centering
✓
360° camera
+ $2,595
Comfort
Heated seats
✓ Every trim
Cooled seats
+ $2,595
Heated steering wheel
✓
Heated rear seats
+ $2,595
Convenience
Remote start
✓ from Laredo Customer Preferred Package 23F
Power liftgate
✓
✓ from Overland Customer Preferred Package 23Q
Wireless phone charging
✓
Power driver's seat
✓ from Laredo Customer Preferred Package 23F
Tech and audio
Apple CarPlay and Android Auto
+ $2,695
Built-in navigation
+ $2,695
✓ from 85th Anniversary Edition Customer Preferred Package 23J
Large touchscreen (12 in+)
✓ Every trim
Capability and looks
AWD or 4WD
✓ Every trim
Tow hitch included
+ $1,495
Sunroof
+ $2,495
✓ from Overland Customer Preferred Package 23Q
Panoramic roof
+ $2,495
✓ from Overland Customer Preferred Package 23Q
Jeep lists only a few items for this model, so features not shown above may still be fitted; check with the dealer.
Full standard equipment on the Cherokee Cherokee Customer Preferred Package 23L (15 items)
- Model available early 2026[fcaTooltip:dat980]
- Heated Front Seats
- 12.3-Inch Uconnect 5 Touchscreen Display And A 10.25-Inch Digital Cluster Display
- LED Daytime Running Lamps
- Adaptive Cruise Control With Stop And Go
- Active Driving Assist (Active Lane Management, Pedestrian Warning And Blind-Spot Monitoring With Rear Cross-Path Detection)
- Full-Time AWD plus Active Drive 4x4 and Selec-Terrain Traction System
- Cloth seats
- 17" x 7" Machined-Face Painted
- 225/65R17 BSW Touring
- Uconnect 5 with 12.3-inch display
- 1.6L I-4 EP Turbo Hybrid
- Electronic Variable Transmission (EVT)
- 4.16 Final Drive Ratio
- 2426 kg (5350 lb)
Quick answers
- How much is a 2026 Cherokee in Ontario?
- $48,691 to drive away for the Cherokee, from a $39,995 sticker.
- What does it cost a month?
- A $734 loan payment, about $1,164 a month with insurance, fuel and upkeep ($5,000 down); about $1,086 a month all in, after resale.
- How much can it tow?
- 3,500 lb for every trim.
Colours
Bright WhiteSilver Zynith+$495Sting-Grey+$495Diamond Black Crystal Pearl+$495Hydro Blue Pearl+$495Red Hot Pearl+$495'41+$495
Similar SUVs
Prices from Jeep's Jeep Canada build & price (Ontario, M4R postal default; fcacanada bff payment-calculator); may have changed, so confirm with a dealer. Insurance and maintenance are estimates. How we count.