Is the 2024 Jeep Grand Cherokee Summit Reserve 4xe Really Worth Nearly $80K?
Jeep likes to boast that the Grand Cherokee 4xe is America’s second-best-selling plug-in hybrid vehicle. The number one best-seller is the Jeep Wrangler 4xe. Jeep has done an excellent job marketing the Grand Cherokee 4xe as a practical and rugged PHEV, and it’s translated to good sales numbers. However, is its top trim level offering worth its exorbitant cost of nearly $80,000?
What is the 2024 Jeep Grand Cherokee 4xe?
The Jeep Grand Cherokee 4xe (pronounced “four by ‘e'”) is the plug-in hybrid variant of the popular midsize SUV. While the three-row Grand Cherokee L is new for this generation, the 4xe variant is only available in a two-row configuration.
The PHEV powertrain in the Grand Cherokee 4xe consists of a turbocharged four-cylinder engine mated to two electric motors and a lithium-ion battery. It makes a grand total of 375 horsepower and 470 lb-ft of torque. According to the EPA, it has an all-electric range of up to 25 miles when fully charged. When the battery is depleted, it gets 23 combined mpg. That’s only 1 mpg better than the regular, V6-powered Grand Cherokee.
As its name implies, every 4xe model has all-wheel drive. It’s also worth noting that the capable and ruggedly styled Trailhawk trim is only available in 4xe guise. It proves that Jeep doesn’t sacrifice off-road capability by adding electric motors. In fact, electrification improves the off-road chops of the rugged Grand Cherokee.
The 2024 Jeep Grand Cherokee Summit Reserve 4xe top trim level
The top Summit Reserve model of the 2024 Jeep Grand Cherokee 4xe starts at $77,825. When fully loaded with options, that price rises to just over $85k when you include the $1,795 destination fee.
For that price, you get many premium features at the top trim level of this hybrid Jeep. Features include a panoramic sunroof, Palermo leather upholstery, massaging front seats, a McIntosh 19-speaker premium audio system, a front passenger interactive display, the Active Driving Assist system, and much more.
Is the Grand Cherokee Summit Reserve 4xe worth it?
If $85k sounds like a lot for a Jeep with a four-cylinder engine, it’s because it is. The top Premium Plus trim of the three-row, plug-in hybrid Mazda CX-90 starts at $58,920. The three-row Volvo XC90 Rechrage with the 455-hp PHEV powertrain starts at $72,995, and the top Ultimate trim begins at $80,695. Another option in plug-in hybrid midsize luxury SUVs is the Lincoln Aviator Grand Touring, starting at a little over $70k.
Of note, the Volvo is more efficient and has a longer electric range than the Jeep, on top of being more powerful. Similarly, the Lincoln has the same MPGe rating as the Jeep, but the Aviator Grand Touring packs a whopping 494 horsepower and 630 lb-ft of torque.
Critics like Car and Driver have praised the Grand Cherokee Summit Reserve as a serious competitor to luxury brands like BMW and Mercedes-Benz. However, on paper, the Jeep Grand Cherokee 4xe Summit Reserve isn’t a very good value compared to similar plug-in hybrid SUVs, even from premium brands like Volvo.