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2005 Jeep Grand Cherokee
Invoice: $24,236 - $31,582
Miles Per Gallon
City: 15 MPG - 17 MPG
Highway: 20 MPG - 22 MPG
Body Style: N/A
Engines: 3.7L V-6 210 HP, 4.7L V-8 230 HP
The introduction of the all-new Jeep Grand Cherokee represents a bold move by DaimlerChrysler. The 2005 Grand Cherokee is not a Jeep from the tradition of American Motors, but rather a Jeep from the Mercedes-Benz tradition, with a little Dodge Magnum attitude thrown in. You can't mistake it for anything but a Jeep. Yet its proportions are completely different from before, with more steel and less glass, a laid-back windshield, the trademark giant wheel well flares, and a slickly angular body without the cladding of the previous generations; just one small spear. The D-pillar has been laid forward, which cuts into cargo space, but it sure looks cool. It's got a replaceable chin spoiler on it, and it looks mean. Inside, it's got nearly 70 cubic feet of storage and three modern, if not brand-new, powerplants. Interior materials are dramatically improved over the previous model's, which left much to be desired. The atmosphere inside the new Grand Cherokee is light, comfortable, and more enveloping than the previous model, more bolted in than hanging on from the driver's perspective, with lots of seat adjustment, excellent outward vision around the relatively slim posts, and all the switches and controls clearly labeled and easy to find and use. For the first time, a Jeep can be married to the engine that put Chrysler back on the map, the 5.7-liter Hemi. It's particularly good for towing or driving at higher elevations. However, we found the 4.7-liter V8 worked great. The standard V6 is a vast improvement over Jeep's old inline-6. A new suspension gives the Grand Cherokee much better handling, leaning less in corners, along with better ride quality. Its turning radius is tighter, too, good when driving off road or in crowded parking lots. Jeep engineers have come up with a larger, edgier and more macho SUV with an engine that's among the most powerful in the segment. This is after years of being afflicted with old, weak engines and saddled with a small cargo compartment.
Purchasing an older vehicle, such as the 2005 Jeep Grand Cherokee, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2005 Jeep Grand Cherokee for less money than when it was new. If the 2005 Jeep Grand Cherokee was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2005 Jeep Grand Cherokee is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2005 Jeep Grand Cherokee will have a very good resale value. This assumes that the 2005 Jeep Grand Cherokee is in good condition and has a reasonable number of miles.
Find a used 2005 Jeep Cherokee for sale at CarsDirect.
