2021 jeep cherokee
MSRP
$29,385
CarsDirect Target Price
$29,280
Lease EstimateSee Lease Deals
$398/mo
Finance Estimate
$412/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Jeep Cherokee
Lease
$398 / month
Finance
$412 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00167 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
Interest Rate
Sales Tax
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2021 Jeep Cherokee Prices and Deals

John Diether
Automotive Editor - September 7, 2021
  • 2021 Cherokee still in good supply
  • Lease: From $414/mo
  • Rebates: No cash offers this month
  • Finance: From 3.08% APR

2021 Cherokee still in good supply

The carryover 2021 Jeep Cherokee remains in healthy supply across the country. You should have no problem finding the one you want. As usual, dealer pricing is aggressive.

The entry-level Latitude is most popular, which is reflected in dealer stock. The plush Limited, rugged Trailhawk, and line-topping Overland models, are stocked in much smaller numbers.

Current factory offers will remain in effect through September 30, 2021. Lease promotions listed here are available nationally, but rebates and APR offers can vary by region. These figures are for California. This page is updated monthly, so check back for the latest on pricing and promotions.

Jeep Cherokee Lease Deals

Lease from $414 for 36 months

For current FCA lessees, the popular 2021 Cherokee Latitude Lux 4x4 now starts at $414 for 36 months (10,000 miles a year) with $3,799 due at signing.

The effective monthly cost works out to $520, which is rather expensive for this price class. If you're not currently in an FCA lease, your cost may be even higher. We do expect offers to improve over the remainder of the model year.

Jeep Cherokee Rebate Deals

No cash offers this month

There are no factory rebates on the 2021 Cherokee currently, but we expect that to change within the next couple of months.

Normally, the Cherokee carries some of the best incentives in the Jeep lineup.

Jeep Cherokee Finance Deals

Rates from 3.08% APR for 60 months

Jeep continues to offer 3.08% financing for 60 months on all 2021 Cherokee trims.

That's a far cry from previous zero-percent offers, but not unexpected since incentives are down across the industry right now.

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Advertised Lease Deals

2021 Latitude Lux 4x4 with Pkg 26H (Returning Lessees)
$414Monthly Payment
Term Length (months): 36
Due at signing: $3,799
Mileage: 10k
MSRP: $34,805
Deal Valid in: California
Expiration: 9/30/21

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 9/26/21 in 20149
MSRP
$29,385
Sales Price
$29,280
Cash Rebates
$0
Target Price
$29,280
Lease Estimate
$398/mo
Finance Estimate
$412/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Loyalty Bonus Cash Stellantis Retail Loyalty Bonus Cash (Expires 9/30/21) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Customers who currently own/lease or are returning from a current lease of an FCA Group vehicle; and enter into a new purchase of an eligible model are eligible to participate. No trade-in is required to be eligible for this offer. %Qualification% This program is not compatible with any Conquest Bonus Cash program. This program IS compatible with Returning Lessee programs and the Employee Advantage programs. $1,250

Financing Incentives

RebateAmount
Loyalty Bonus Cash Stellantis Retail Loyalty Bonus Cash (Expires 9/30/21) For current owners of the same make. May not be compatible with certain other incentive types such as Conquest programs. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Customers who currently own/lease or are returning from a current lease of an FCA Group vehicle; and enter into a new purchase of an eligible model are eligible to participate. No trade-in is required to be eligible for this offer. %Qualification% This program is not compatible with any Conquest Bonus Cash program. This program IS compatible with Returning Lessee programs and the Employee Advantage programs. $1,250

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Jeep Cherokee Latitude 4dr Front-Wheel Drive - MSRP $29,385

Jeep Lease Deals, Financing Incentives & Rebates: September 2021

We've put together a list of the latest & greatest Jeep lease deals, rebates, and APR incentives. Get insider tips on how you can save the most money on a new Jeep vehicle. View Jeep Deals, Incentives and Rebates

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