The Truth: If you pay more than $35,165 for this used Jeep Grand Cherokee, you're overpaying. A private party sale would cost around $31,584 — and the out-the-door cost at a dealer is approximately $37,513.

Used Car Value Breakdown

Dealer Retail$35,165
Private Party$31,584
Trade-In Value$28,653
Original MSRP$51,650

Depreciation & Value

Total depreciation since new$17,044 (33%)
Projected loss over next year$3,099 (6%)
Value retention ratingGood

Mileage

Estimated mileage for this age40,500 miles
Average annual miles for this segment13,500 mi/year

Vehicles with above-average mileage should be priced lower; below-average mileage commands a premium.

Price Breakdown

Market Estimate · Updated May 4, 2026
MSRP$35,165
Invoice (Dealer Cost)$28,653
Average Paid$35,165
Typical Markup22.7%

What's a Good Deal?

Good DealBelow $33,055
Fair Deal$33,055$35,165
OverpayingAbove $37,275

Estimated Out-the-Door Price

$37,513

Includes average sale price + documentation fee ($150) + destination ($0) + estimated sales tax ($2,198)

Best time to buy: January typically sees the lowest prices.

Typical Fees to Watch

  • Documentation fee: $150
  • Destination charge: $0
  • Estimated sales tax: $2,198

Local Market Factors

  • Cost of living adjustment: 3% below national average
  • Dealer competition: High (more negotiation room)
  • Sales tax rate: 6.3%

Vehicle Overview

When to Buy

Current month (May) is rated above-average for buying.

Best months to buy: January, September, October, November, December

Negotiation Tips

  1. Get a pre-purchase inspection before buying any used car in Fort Worth — it costs $100–200 and can save you thousands.
  2. Always check the vehicle history report (Carfax or AutoCheck) for accidents, title issues, and service records.
  3. The trade-in value for this vehicle is approximately $28,653. Use this as your floor when negotiating.
  4. The private party price is around $31,584 — buying from a private seller typically saves 10–15% vs a dealer.
  5. Check for open recalls at nhtsa.gov — dealers must fix recalls for free regardless of where you bought the car.
  6. This model holds its value well — expect less room for negotiation, but also less depreciation after purchase.
  7. Budget approximately $2,198 for sales tax on top of the purchase price.

Frequently Asked Questions

What is a 2023 Jeep Grand Cherokee worth in Fort Worth?

Based on current market estimates, the dealer retail price for a 2023 Jeep Grand Cherokee in Fort Worth is approximately $35,165. The private party value is around $31,584, and the trade-in value is approximately $28,653.

How much has the 2023 Jeep Grand Cherokee depreciated?

The 2023 Jeep Grand Cherokee has depreciated approximately 33% from its original MSRP of $51,650. That’s a total loss of approximately $17,044. It will lose roughly $3,099 more over the next year.

What is the trade-in value for a 2023 Jeep Grand Cherokee?

The estimated trade-in value in Fort Worth is approximately $28,653. This is what a dealer would typically offer. You can usually get more selling private party (estimated $31,584).

Is a 2023 Jeep Grand Cherokee a good deal right now?

A good deal on a 2023 Jeep Grand Cherokee in Fort Worth is anything below $33,055. If you’re paying above $37,275, you’re likely overpaying. Check whether the vehicle has average mileage for its age — above-average mileage should bring the price down.

Should I buy from a dealer or private party?

Private party purchases typically save you $3,581 compared to a dealer in Fort Worth. However, dealers often include limited warranties and handle paperwork. Weigh the savings against the convenience and any included protection.