Is the 2024 Jeep Grand Cherokee Summit Reserve 4xe really worth around $80,000?

Mid-sized SUV

Here’s a look at the top trim of the 2024 Jeep Grand Cherokee 4xe, Summit Reserve, and whether or not it’s worth its nearly $80,000 price tag.

Jeep likes to boast that the Grand Cherokee 4xe is the second best-selling hybrid in America. The best-selling vehicle is the Jeep Wrangler 4xe. Jeep has done an excellent job of marketing the Grand Cherokee 4xe as a practical and powerful PHEV, and that has translated into good sales numbers. However, is the top trim level offering worth its hefty cost of around $80,000?

What is the 2024 Jeep Grand Cherokee 4xe?

The Jeep Grand Cherokee 4xe (pronounced “four by ‘e'”) is the hybrid version of the popular midsize SUV. While the three-row Grand Cherokee L is new for this generation, the 4xe model is only available in a two-row configuration.

The Grand Cherokee 4xe’s PHEV powertrain consists of a turbocharged four-cylinder engine mated to two electric motors and a lithium-ion battery. It has a total output of 375 horsepower and 470 pound-feet of torque. According to the EPA, it has an all-electric range of up to 25 miles when fully charged. When the battery is dead, you get 23 mpg combined. That’s only one mile better than a regular Grand Cherokee with the V6 engine.

As its name suggests, every 4xe model comes with all-wheel drive. It’s also worth noting that the rugged and ruggedly designed Trailhawk is only available as a 4xe model. This proves that Jeep is not sacrificing its off-road capabilities by adding electric motors. In fact, electrification improves the rugged Grand Cherokee’s off-road performance.

Jeep Grand Cherokee Summit Reserve 2024 4xe highest trim level

The top Summit Reserve model of the 2024 Jeep Grand Cherokee 4xe starts at $77,825. When fully loaded with options, that price rises to just over $85,000 when you include the $1,795 destination charge.

For this price, you get many premium features at the top level of this hybrid Jeep. Features include a panoramic sunroof, Palermo leather upholstery, massaging front seats, a 19-speaker McIntosh premium audio system, an interactive front passenger display, Active Driving Assist, and much more.

Is the Grand Cherokee Summit Reserve 4xe worth it?

If $85,000 sounds like a lot of money for a Jeep with a four-cylinder engine, that’s because it is. The top Premium Plus trim of the three-row Mazda CX-90 hybrid starts at $58,920. The three-row Volvo Another option in plug-in hybrid midsize luxury SUVs is the Lincoln Aviator Grand Touring, starting at just over $70,000.

It’s worth noting that the Volvo is more efficient and has a longer electric range than the Jeep, in addition to being more powerful. Likewise, the Lincoln has the same MPGe rating as the Jeep, but the Aviator Grand Touring packs a massive 494 horsepower and 630 pound-feet of torque.

Critics like Car and Driver have praised the Grand Cherokee Summit Reserve as a serious competitor to luxury brands like BMW and Mercedes-Benz. However, on paper, the Jeep Grand Cherokee 4xe Summit Reserve isn’t very good value compared to similar hybrid SUVs, even from premium brands like Volvo.

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