BMW X3 vs Jeep Grand Cherokee: cost to own

Verdict, over 6 years

They cost about the same

Within $1,291: too close to call. Closest matching trims: same fuel and drive where possible.

X3 30 xDrive$1,644/moTrue cost

Grand Cherokee Laredo$1,626/moTrue cost

2026 BMW X3

Closest matching trim: X3 30 xDrive

Sticker (MSRP)$60,400

+$12,028→↓Freight, fees, HST

Drive away$72,428

+ running costs→↓− $29,596 resale

True cost$1,644/moA month to own, after resale

2026 Jeep Grand Cherokee

Closest matching trim: Grand Cherokee Laredo

Sticker (MSRP)$59,995

+$11,296→↓Freight, fees, HST

Drive away$71,291

+ running costs→↓− $24,588 resale

True cost$1,626/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	$60,400	✓ $59,995	Grand Cherokee by $405
Freight and fees, before tax	$3,696	✓ $3,094	Grand Cherokee by $602
Sales tax (HST)	$8,332	✓ $8,202	Grand Cherokee by $130
Drive-away price	$72,428	✓ $71,291	Grand Cherokee by $1,137
Running costs, 6 years
Fuel or charging	✓ $16,184	$18,247	X3 by $2,063
Insurance (estimate)	$16,431	✓ $15,837	Grand Cherokee by $594
Maintenance (estimate)	$13,961	✓ $7,789	Grand Cherokee by $6,172
Loan rate	6.5%	6.5%	—
Loan interest	$14,181	✓ $13,942	Grand Cherokee by $239
Lost return on your money	$14,709	✓ $14,490	Grand Cherokee by $219
Resale after 6 yrs	✓ −$29,596	−$24,588	X3 by $5,008
Total
True cost	$118,390	✓ $117,098	Grand Cherokee by $1,292
True cost a month	$1,644/mo	✓ $1,626/mo	Grand Cherokee by $18
You pay each month	$1,782/mo	✓ $1,697/mo	Grand Cherokee by $85
Practical
Fuel type	Premium gas	Gas	—
Seats	5	5	—
Carry-ons, 2 people	Not published	8+	—
Towing, lb	4,000	—	—
Cargo behind row 2, litres	Not published	1,067.5	—
Length	4.75 m	4.91 m	—
Ground clearance	—	26 cm	—
Resale % after 6 yrs	✓ 49%	41%	—
US crash test	4★	✓ 5★	—

Price

Sticker (MSRP)

X3 30 xDrive $60,400Grand Cherokee Laredo ✓ $59,995Cheaper by Grand Cherokee by $405

Freight and fees, before tax

X3 30 xDrive $3,696Grand Cherokee Laredo ✓ $3,094Cheaper by Grand Cherokee by $602

Sales tax (HST)

X3 30 xDrive $8,332Grand Cherokee Laredo ✓ $8,202Cheaper by Grand Cherokee by $130

Drive-away price

X3 30 xDrive $72,428Grand Cherokee Laredo ✓ $71,291Cheaper by Grand Cherokee by $1,137

Running costs, 6 years

Fuel or charging

X3 30 xDrive ✓ $16,184Grand Cherokee Laredo $18,247Cheaper by X3 by $2,063

Insurance (estimate)

X3 30 xDrive $16,431Grand Cherokee Laredo ✓ $15,837Cheaper by Grand Cherokee by $594

Maintenance (estimate)

X3 30 xDrive $13,961Grand Cherokee Laredo ✓ $7,789Cheaper by Grand Cherokee by $6,172

Loan rate

X3 30 xDrive 6.5%Grand Cherokee Laredo 6.5%Cheaper by —

Loan interest

X3 30 xDrive $14,181Grand Cherokee Laredo ✓ $13,942Cheaper by Grand Cherokee by $239

Lost return on your money

X3 30 xDrive $14,709Grand Cherokee Laredo ✓ $14,490Cheaper by Grand Cherokee by $219

Resale after 6 yrs

X3 30 xDrive ✓ −$29,596Grand Cherokee Laredo −$24,588Cheaper by X3 by $5,008

Total

True cost

X3 30 xDrive $118,390Grand Cherokee Laredo ✓ $117,098Cheaper by Grand Cherokee by $1,292

True cost a month

X3 30 xDrive $1,644/moGrand Cherokee Laredo ✓ $1,626/moCheaper by Grand Cherokee by $18

You pay each month

X3 30 xDrive $1,782/moGrand Cherokee Laredo ✓ $1,697/moCheaper by Grand Cherokee by $85

Practical

Fuel type

X3 30 xDrive Premium gasGrand Cherokee Laredo GasCheaper by —

Seats

X3 30 xDrive 5Grand Cherokee Laredo 5Cheaper by —

Carry-ons, 2 people

X3 30 xDrive Not publishedGrand Cherokee Laredo 8+Cheaper by —

Towing, lb

X3 30 xDrive 4,000Grand Cherokee Laredo —Cheaper by —

Cargo behind row 2, litres

X3 30 xDrive Not publishedGrand Cherokee Laredo 1,067.5Cheaper by —

Length

X3 30 xDrive 4.75 mGrand Cherokee Laredo 4.91 mCheaper by —

Ground clearance

X3 30 xDrive —Grand Cherokee Laredo 26 cmCheaper by —

Resale % after 6 yrs

X3 30 xDrive ✓ 49%Grand Cherokee Laredo 41%Cheaper by —

US crash test

X3 30 xDrive 4★Grand Cherokee Laredo ✓ 5★Cheaper by —

✓ marks the better figure. Resale is from used prices: the X3 typical for its type and brand, the Grand Cherokee from its own. These trims differ in fuel (premium gas vs gas), which drives part of the gap. Their stickers differ by $405.