Jeep still has examples of its flagship Grand Cherokee in Australia, and it’s offering major discounts to clear stock of the discontinued large SUV.
The Jeep Grand Cherokee Summit Reserve 4xe plug-in hybrid (PHEV) is now being offered for $77,760 before on-roads, which is $33,090 less than its previous list price of $110,850 plus on-roads.
There are 90 units remaining. For context, Jeep delivered 22 examples of the Grand Cherokee Summit Reserve 4xe from January to the end of July this year.
Sharp runout deals across the discontinued large SUV range have helped increase sales. To the end of July, total Grand Cherokee sales are up 35.5 per cent year-to-date to 554 units, making it Jeep’s best seller by some margin.
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The flagship Grand Cherokee Summit Reserve 4xe was introduced here in 2023 with a price tag of $128,950 before on-roads before Jeep announced range-wide price cuts in May 2024. That makes its new price 40 per cent lower than its launch price.
The Summit Reserve 4xe was the only WL Grand Cherokee offered here with the turbocharged 2.0-litre four-cylinder PHEV powertrain, which was exclusive globally to the shorter, five-seat body style.
It features a 17.3kWh battery and a claimed 52km of electric-only driving range under the more lenient NEDC cycle, as well as fuel consumption of 3.2L/100km and total system outputs of 280kW of power and 637Nm of torque.
Jeep introduced the current WL series Grand Cherokee in Australia in 2022, arriving first in long-wheelbase, seven-seat L guise.
However, the lack of a diesel didn’t endear the large SUV to buyers and while it gained a PHEV option there was no longer a V8 option in Australia, even though one remained on sale in North America.
Australian Grand Cherokee sales slumped, leading Jeep to slash prices by more than 20 per cent on some models in 2024.
Jeep Australia subsequently pulled the plug on the Grand Cherokee in March 2025, before announcing savings in May of upwards of $22,000 on the base five-seat Limited as it runs out existing stock.
A facelifted Grand Cherokee has been teased in the US, but won’t be offered here.