2021 jeep cherokee
MSRP
$33,870
CarsDirect Target Price
$29,287
Lease EstimateSee Lease Deals
$374/mo
Finance Estimate
$408/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
$364 / month
Finance
$350 / 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 - April 5, 2021
  • 2021 Cherokee selection robust
  • Lease: From $199 for 36 months
  • Rebates: Up to $3,250 off
  • Finance: From 0% APR for 84 months

Popular and in stock:

The carryover 2021 Cherokee remains easy to find across the country. You should have no problem finding the one you want. As usual, 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 May 2, 2021. Lease promotions listed here are available nationally, but rebates and APR offers can vary by region. These figures are for California.

Lease: From $199 for 36 months

The 2021 Cherokee Latitude Lux 4x2 now starts at $199 for 36 months (10,000 miles a year) with $4,940 due at signing. This includes a loyalty discount available to those coming from another FCA lease

The effective monthly cost works out to $336, an excellent value relative to MSRP.

Rebates: Up to $3,250 off

Jeeps now offer a $2,500 rebate on all 2021 Cherokee trims from top to bottom.

In addition, buyers who finance through Jeep at non-promotional rates will receive a $750 finance bonus.

Finance: From 0% APR for 84 months

Instead of the standard rebate on a 2021 Cherokee, you can now get 0% financing for 84 months on any trim.

Your other choice is 0% for 72 months, which comes with $750 bonus cash on all trims.

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Advertised Lease Deals

2021 Latitude Lux 4x2 with Pkg 26H (Returning FCA Lessees)
$199Monthly Payment
Term Length (months): 36
Due at signing: $4,940
Mileage: 10k
MSRP: $31,885
Deal Valid in: California
Expiration: 5/2/21

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 4/18/21 in 20149
MSRP
$33,870
Sales Price
$32,287
Cash Rebates
$3,000
Target Price
$29,287
Lease Estimate
$374/mo
Finance Estimate
$408/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash National Retail Consumer Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residency restrictions may apply. %Qualification% Program compatibility is available in DealerCONNECT. This program is not compatible with APR and Combo (Cash & APR) Programs. $2,500
Bonus Cash Mid-Atlantic BC DC/MD/VA/WV Retail Bonus Cash (Expires 5/3/21) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $500

Financing Incentives

RebateAmount
Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section. APR financing must go through Chrysler Capital. For Chrysler Capital qualification: Customers must be considered 1/2Tier %Qualification% This program is not compatible with the Customer Cash Allowance, Combo Cash and Combo APR programs, Bonus Cash programs, affinity. This program is compatible with employee purchase, CDI, Dealership Rewards and Affiliate programs.
Term(s)84
Rate %0%
Eligibility Residents residing in qualifying regions of the United States listed in the BUSINESS CENTER BOUNDARIES section. APR financing must go through Chrysler Capital. For Chrysler Capital qualification: Customers must be considered 1/2Tier

Leasing Incentives

RebateAmount
Lease/Finance Bonus Cash Chrysler Capital Bonus Cash (Expires 5/3/21) Bonus available for eligible shoppers when leasing or financing. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Customer must finance or lease through Chrysler Capital. Residency restrictions may apply. $750
Lease Loyalty Bonus Cash FCA Owner Loyalty Lease Bonus Cash (Expires 5/3/21) Lease loyalty bonus cash available for current lessees of the same make. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Customers who currently own/lease an FCA group vehicle and enter into a new lease of an eligible model are eligible to participate. No lease turn-in or trade-in is required to be eligible for this offer. %Qualification% Program compatibility is available in DealerCONNECT. This program is not compatible with any Conquest Bonus Cash program. This program IS compatible with Returning Lessee programs and the Employee Advantage program. $750

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Jeep Cherokee Latitude Lux 4dr 4x4 - MSRP $33,870

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