2026 Jeep Grand Cherokee L: real cost in Ontario
See the Grand Cherokee L on Jeep's site ↗Prices read 2026-11-06
Cheapest trim, Laredo · Toronto · age 35–59 · 6 years · 18,000 km a yearChange
Sticker$62,495the advertised price
Drive away$74,116with fees and HST
Loan payment$1,162/mo72-month loan at 6.5%, $5,000 down
True cost$1,688/moeverything, after resale
$74,116 to drive away + $73,039 to run it for 6 years − $25,613 back at resale = $121,542, or $1,688 a month.
Where the money goes
Drive away$74,116
Running it, 6 yrs+$73,039
Back at resale−$25,613
Sticker pricethe advertised MSRP
+$62,495Feesfreight $2,295 · dealer $699 (typical) · levies $100
+$3,094HST, 13%Ontario
+$8,527Fuel18,000 km a year at 11.3 L/100 km
+$18,916Insuranceestimate, age 35–59, Toronto
+$16,629Lost return on your money5% a year on the down payment and each payment
+$15,035Loan interest6.5% over 72 months
+$14,536Maintenanceestimate
+$7,832Registration and plates6 years in Ontario
+$91Resale after 6 years41% of MSRP, you get this back
−$25,613True cost $121,542 ÷ 72 months$1,688 a month
The car
Size and space
BodySport Utility5.20 m long
Seats6, 7
Cargo2,395.6 Lbehind row 2
Ground clearance27–36 cmhigh; good for snow and trails
Engine and fuel
Engine293–324 hp gas, 4WD
0–100 km/h6.5–7.0 sour estimate from power and weight
Fuel use10.7–11.3 L/100 kmNatural Resources Canada
TowingUp to 6,200 lb
Tires18" or 20"by trim
Safety and cover
US crash test✓ 5 of 5 starsNHTSA · see the test ↗
Insurance claimsWell above averagecollision 111 · theft 326 · injury 104 (100 = avg)
Warranty3 yrs / 60,000 kmpowertrain 5 yrs / 100,000 km
Resale at 6 years41% of MSRPthis model's own record
Every trim
All trims: 4WD.| Laredo Laredo | $62,495 | $74,116 | $121,542 | ✓ $1,688/mo | 6 | — | 11.3 L/100 km | — No |
| Laredo X Laredo X | $66,495 | $78,636 | $126,778 | $1,761/mo | 6 | — | 11.3 L/100 km | ✓ Yes |
| Altitude Altitude | $68,495 | $80,896 | $128,660 | $1,787/mo | 7 | 3,500 | 10.7 L/100 km | ✓ Yes |
| Limited Limited | $70,495 | $83,156 | $131,013 | $1,820/mo | 6 | 3,500 | 10.7 L/100 km | ✓ Yes |
| 85th Anniversary Edition Customer Preferred Package 2C7 | $74,495 | $87,676 | $136,300 | $1,893/mo | 6 | 3,500 | 10.7 L/100 km | ✓ Yes |
| Limited Reserve Limited Reserve | $76,495 | $89,936 | $138,890 | $1,929/mo | 6 | 3,500 | 10.7 L/100 km | ✓ Yes |
| Summit Summit | $85,495 | $100,106 | $150,610 | $2,092/mo | 6 | 6,200 | 10.7 L/100 km | ✓ Yes |
LaredoLaredo
✓ $1,688/mo
True cost
Laredo XLaredo X
$1,761/mo
True cost
AltitudeAltitude
$1,787/mo
True cost
LimitedLimited
$1,820/mo
True cost
85th Anniversary EditionCustomer Preferred Package 2C7
$1,893/mo
True cost
Limited ReserveLimited Reserve
$1,929/mo
True cost
SummitSummit
$2,092/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
Laredo$62,495
Laredo X$66,495
Altitude$68,495
Limited$70,495
85th Anniversary Edition Customer Preferred Package 2C7$74,495
Limited Reserve$76,495
Summit$85,495
Safety and driver assist
Automatic braking
✓ Every trim
Blind-spot monitor
✓ Every trim
Rear cross-traffic alert
✓ Laredo to Laredo X
Adaptive cruise
✓ Every trim
360° camera
+ $1,995
✓ 85th Anniversary Edition Customer Preferred Package 2C7 to Limited Reserve
Parking sensors
+ $1,995
Comfort
Heated seats
✓ Every trim
Cooled seats
✓
Heated steering wheel
✓
Heated rear seats
✓
Massaging seats
✓ from Summit
Convenience
Push-button start
+ $1,995
Remote start
✓ from Laredo X
Power liftgate
✓ Laredo X to Limited
✓ from Summit
Wireless phone charging
✓ Laredo X to Altitude
+ $1,995
Tech and audio
Built-in navigation
✓ from Altitude
Head-up display
+ $1,995
Large touchscreen (12 in+)
✓ from Altitude
Capability and looks
AWD or 4WD
✓ Every trim
Tow hitch included
+ $695
Sunroof
✓
+ $1,295
+ $1,695
✓ from 85th Anniversary Edition Customer Preferred Package 2C7
Panoramic roof
+ $1,695
✓ from 85th Anniversary Edition Customer Preferred Package 2C7
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 Laredo (12 items)
- 26 cm (10.25-Inch) Full-Colour Frameless Digital Gauge Cluster And Uconnect 5 Multimedia Centre With 21.3 cm (8.4-Inch) Touchscreen
- Heated Front Seats and Steering Wheel
- Active Lane Management System[fcaTooltip:j4]
- Blind-Spot Monitoring With Rear Cross-Path Detection
- Cloth seats
- 18x8-inch aluminum wheels
- 265/60R18 BSW All-Season Low Roll Resistance tires
- Uconnect 5 with 8.4-inch display
- 3.6L Pentastar VVT V6 engine with Stop/Start
- 8-speed TorqueFlite automatic transmission
- 3.45 Rear Axle Ratio
- 2948 kg (6500 lb)
Quick answers
- How much is a 2026 Grand Cherokee L in Ontario?
- $74,116 to drive away for the Laredo, from a $62,495 sticker.
- What does it cost a month?
- A $1,162 loan payment, about $1,766 a month with insurance, fuel and upkeep ($5,000 down); about $1,688 a month all in, after resale.
- How much can it tow?
- From 3,500 lb to 6,200 lb, depending on the trim.
Colours
Bright WhiteSilver Zynith+$495Baltic Grey Metallic+$595Diamond Black Crystal Pearl+$595Velvet Red Pearl+$495Fathom Blue Pearl+$495Steel Blue+$495Copper Shino Metallic+$595
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.