Jeep Quietly Raises Prices On Wagoneer, Grand Wagoneer

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Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Senior Pricing Analyst - September 8, 2021

Jeep has quietly increased prices for its two newest SUVs. Based on data derived from the automaker's latest order guides, both the Jeep Wagoneer and Grand Wagoneer are now $850 more expensive than when they debuted in July. The change could give buyers pause during a period of record-high vehicle prices.

The 2022 Jeep Wagoneer Series II now starts at $70,845 after a $2,000 destination charge. That's up from the previous MSRP of $69,995. At the same time, the larger Grand Wagoneer is now priced from $89,845 (up from $88,995). The most expensive trim now costs an eye-watering $106,845 before any options.

At these prices, both styles remain the most expensive Jeeps we've seen to date. To put that into perspective, a Cadillac Escalade ESV Sport Platinum has an MSRP of $108,240. Even in base form, the cheapest Wagoneer is over $30,000 more expensive than the 3-row Grand Cherokee L (currently $40,570).

Although price increases aren't rare, it's unusual to see a change like this so soon after a vehicle's launch. Given the fact that consumers are already dealing with higher prices amidst a chip shortage as well as record transaction prices, this could be an unwelcome development after a disappointing Labor Day holiday.

There continue to be no deals to speak of on the Wagoneer and Grand Wagoneer. With that being said, a recent leasing guide from Chrysler Capital indicates that Wagoneer residual values can actually be pretty good. As a result, leasing could end up being a particularly attractive alternative to buying one this fall.

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, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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