Learn about the Jeep Grand Cherokee mid-size SUV. See the engine specifications, gas mileage, price, and MSRP. Research Jeep Laredo warranty features and Chrysler Capital lending options.
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Information About the 2002 Jeep Grand Cherokee SUV
The 2002 Jeep Grand Cherokee is produced under the Jeep vehicle brand. It is classified as a mid-size SUV and includes a SUV body. This 4 door SUV has rear wheel drive with a 5-speed automatic transmission. The Jeep Grand Cherokee is predominantly domestic from United States. The Jeep automobile line is a subsidiary vehicle brand held by Stellantis.
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The Jeep Grand Cherokee is available in different trim levels and spec packages including the 2002 Jeep Grand Cherokee Laredo 2WD 4 Door SUV (4.7L 8-Cylinder 5A). This variation of the Grand Cherokee SUV features the Laredo 2WD 4 door SUV with a 4.7L 8-cylinder 5A on the Jeep Grand Cherokee platform. The Grand Cherokee Laredo trim can include automobile upgrade package deals depending upon the origin of the vehicle and the production generation.
Jeep Grand Cherokee Laredo Pricing and MSRP
Are you excited to acquire a 2002 Jeep Grand Cherokee Laredo? The initial MSRP is noted at $27,010 and used vehicle Kelly Blue Book values are commonly found at lower price points. Used vehicle valuations depend upon the year, make, model, and features. Jeep Grand Cherokee values can increase outside of these value ranges because of things like increased demand, restricted supply, and industry shortages. In 2021, car asking prices and associated automobile equity increased due to chip production shortages and supply chain hiccups. This caused pressure on the marketplace with older used quotes surpassing the equity highs historically only seen by new automobile sales.
MSRP: $27,010
Trim & Style: Laredo 2WD 4 door SUV with a 4.7L 8-cylinder 5A
Made In: United States
Grand Cherokee Laredo Performance Specifications and Engine
The performance specs and abilities of your vehicle’s engine matter a lot. For instance, if you are towing a load or camper with a truck. The operation specifications and capacities of your engine pulling bundle matters a lot. If you are taking your sports car out for a track day, your 0-60 time, quarter mile time, brake horsepower, and engine can produce more bragging rights. However, if you are searching for an economical sedan to use as an everyday driver, you may not even care what is under the hood so long as it is dependable and the engine runs well.
Jeep Automobile Additional Information
The 2002 Jeep Grand Cherokee can come with a few various performance offerings and engine options. This exact Jeep automobile includes the 4.7 gas engine with a rear wheel drive drivetrain.
Engine: 4.7L 8-cylinder 5A
Horsepower: 235
Doors: 4 door
Transmission: 5-speed automatic
Drive Type: rear wheel drive
Fuel: gas
MSRP: $27,010
Manufactured: United States
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Miles Per Gallon (MPG)
Knowing about gas mileage and fuel usage are essential aspects when it involves getting a Jeep Grand Cherokee. Besides the sticker price of the auto, the fuel expense is commonly the next most pricey factor when it concerns car ownership. The next most costly aspect is complying with the recommended upkeep schedule and performing preventive upkeep.
The U.S. Environmental Protection Agency or EPA produces assessments into gas mileage (MPG) and the amount of miles an auto can economically drive per a gallon of fuel required to operate on city streets and on the highway. MPG depends on Jeep Grand Cherokee engine type, performance, operation altitude, and other things like aftermarket modifications, but it offers a great guideline for fuel usage.
For the 2002 Jeep Grand Cherokee, the EPA expects an average of 13/18 MPG while driving on city streets and while operating the vehicle on the highway. These MPG values are different since city driving includes navigating community streets, traffic control devices, stop signs, and other things which make the Jeep Grand Cherokee to stop and start more frequently. On the highway, the Jeep Grand Cherokee’s engine and fuel performance can be extended, accomplishing a higher MPG rating.
Comparing Vehicle MPGs
Are you curious about comparing and contrasting vehicle MPGs? See how your current car or truck compares to the fuel efficiency of the 2002 Jeep Grand Cherokee. This can be an essential factor in the automobile buying process. Use the gas mileage comparison calculator below to see how many more miles you could drive and gas costs. Can you save cash by driving this Jeep Grand Cherokee or will it cost you more in gas to drive?
Financing your 2002 Jeep Grand Cherokee SUV can be an excellent method to get into the vehicle of your dreams while paying it off over the course of numerous years by making month-to-month payments. Determine the amount you will need to finance by finding the distinction between the expense of your brand-new Jeep Grand Cherokee and the valuations of your down payment and any trade-in credit from your old motor vehicle.
This will provide you with the amount you need to finance your 2002 Jeep Grand Cherokee. Check with lending institutions to see qualified financing offers. These offers will be based upon your credit bracket, consumer profile, and credit report. The next step involves getting the right lender. It is good to compare financing rates, terms and APRs from a number of lenders (checking deals with 3-4 lenders is excellent). Checking the competing deals will help you find the very best financing offer possible on your Jeep automobile.
To complete your Grand Cherokee financing, you need to do a few things such as having an approved credit report, meeting lending institution requirements, and meeting vehicle finance requirements. When trying to finance a newer car or truck, make an effort to increase your credit rating of over 600 (nonprime group). Credit ratings in the 500s (subprime category) may be acceptable for a little older used automobile financing. Knowing your credit score is important given that your rating can immediately impact your offered lending rates during the financing process.
Other lending institution requirements include making a specific quantity of cash each month and meeting residency requirements by living in an area the lending institution services. Your car needs to fulfill general motor vehicle finance requirements like being newer than 10 years old and having less than 100K miles with favorable vehicle equity.
Jeep Grand Cherokee Refinancing
Refinance your Jeep Grand Cherokee Laredo SUV. Learn how you can save money by adjusting your current loan.
Find Jeep Grand Cherokee Insurance
Learn about insurance and see coverage options for your Jeep Grand Cherokee. Bundling your insurance can save you money.
Learn About Chrysler Capital
Chrysler Capital is Jeep’s in-house financing services branch. They supply a lot of lending offers if you are thinking about purchasing a newer automobile from one of the auto brands dealerships. The promotions and rewards can include finance offers like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based on the down payment). Chrysler Capital can even supply lease deals and rewards like 10,500 yearly miles for 39 months with a set dollar amount due at finalization.
Calculate Financing Your Grand Cherokee Laredo
It is necessary to understand how much you can afford to allocate towards your new 2002 Jeep Grand Cherokee. When tracking your individual expenses, it can be good to compare the finance offers from various lenders. This step can be crucial not only for automobile budgeting but also for your personal finances. Using a financing calculator is one of the easiest methods to rapidly see your predicted vehicle payment.
How Much is the Monthly Car Payment to Buy a Jeep Grand Cherokee Laredo?
Are you wondering how much it would be to sign a motor vehicle loan on a 2002 Jeep Grand Cherokee? Here is an estimate you can use to begin the research! The best answer to the automobile payment estimate question depends on a few factors. The regular monthly vehicle payment on a Jeep Grand Cherokee Laredo is calculated by your down payment amount, loan APR, term, credit history, trade in-value, and various variables. Details like sales tax on the Grand Cherokee Laredo also must be taken into account. Now, we are ready to find the estimated payment. Since the manufacturer’s suggested retail price or MSRP is $27,010, a typical auto payment for a new Grand Cherokee can be roughly $391.49.
This can be approximated by utilizing the MSRP minus a 10% down payment with an automobile loan interest rate of 5% over a term of 48 months. Keep in mind it does not take into account mandatory information like sales tax. Simply use this information for research purposes only. Keep in mind this amount is what it might cost if you bought the 2002 Jeep Grand Cherokee “new” based upon the MSRP. With older and used automobiles, there is a considerable probability the monthly vehicle payment will be significantly different. You can check alternative estimates with different percentages using a calculator.
Estimated Monthly Payment
$391.49
Involved Payment Factors
MSRP: $27,010 Down Payment: 10% (estimated payment) Loan Interest Rate: 5% (average rate) Car Loan Term: 72 months (varies by offer)
Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.
2002 Jeep Grand Cherokee Refinancing
Refinancing your Jeep Grand Cherokee is also an option to look into after you have already made a number of your preliminary monthly car payments. The original lending institutions you originally financed through often have rewards and promotions which terminate or are front-weighted. Special offers like cash back refunds and 0% APR financing discounts may start losing their effectiveness or worth after 6 to 12 car payments.
When refinancing is a great choice to think about, thoroughly check out the terms and conditions of your finance agreement and inspect them to see if proceeding with the refinance will help you. Refinancing gives you the power to renegotiate your car debt with a new loan provider effectively transforming your current loan’s interest rate and term with the new loan’s term and APR. If your financing situation has improved from the time that you paid for your Jeep Grand Cherokee or if your starting rate and term are not advantageous to you, think about refinancing. You can usually save more cash on your monthly motor vehicle payments by refinancing your car loan.
Jeep Grand Cherokee Vehile Insurance
Having valid vehicle insurance coverage insurance coverage for your Jeep Grand Cherokee is critical. Choosing the appropriate insurance plan and coverage for you may help cover costs connected with vehicular crashes and collisions, vehicle theft, and additional damage to your car, truck, or SUV. Not only can the insurance coverage assist you in repairing the damage from an automotive accident or striking an object, but having valid insurance coverage is frequently a legal necessity to drive a vehicle on public roadways in numerous states and counties in the US. The most effective automobile insurance plans include comprehensive collision coverage which helps you repair damage to your Jeep SUV and also cover non accident-related damage from many things like bad weather conditions, storms, fire, vandalism, and wild animal impacts in addition to automobile collisions. Your insurance can also help you pay for repairs to the 4.7L engine in your SUV in addition to other mechanical parts and components. The amount you pay for the coverage can vary and is frequently based on the year of manufacture of your vehicle. If you drive the 2002 Laredo, this will be factored into your regular monthly insurance payments. Find out more about insurance and protect your Jeep Grand Cherokee Laredo 2WD 4 door SUV with a 4.7L 8-cylinder 5A.
Where to Purchase a Jeep Grand Cherokee Laredo
There are a lot of factors to consider when it comes time to buy a car or truck. You need to locate the ideal make and model that fits your demands along with handling a car or truck payment that fits into your budget plan. There are a lot of choices out there for searching for used and brand-new car inventory, so it can be hard to know where to begin your vehicle buying journey. Check out Carvana.
Grand Cherokee Laredo Safety, Warranties, and Features
Warranty and Maintenance
We frequently think about branded factory manufacturer’s warranties when it involves purchasing the very best service for your new automobile. These factory warranties incorporate basic coverages like a limited 3 year in duration or 36,000 mile bumper-to-bumper guarantee and a 5 year duration or 60,000 mile powertrain protection warranty. These yearly durations begin with the original sale date by the initial buyer.
Supplementary manufacturer motor vehicle warranties are also offered based on the engine type of the motor vehicle. For example, new cars, SUVs, or trucks with a diesel motor can include a factory 5 year long or 100,000 mile powertrain manufacturer’s warranty. Hybrid and electric battery powered vehicles (EVs) often come with unique protection like a 8 year long or 100,000 mile guarantee.
There are also extended car and vehicle service plans (VSPs), Certified pre-owned (CPO) coverage, and additional warranty protection alternatives available outside of the auto manufacturers original factory programs. VSPs offer maintenance service programs with increased protection for components in case your automobile suffers from an explosive mechanical breakdown or failure. These are good choices to consider when purchasing a used automobile.
CPO service warranties frequently add coverage for extra years with constraints like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that carry CPO statuses go through a strenuous pre-owned assessment by licensed professionals which includes additional warranty years. CPO cars and trucks usually have price points more than similar used automobiles but could be worth it for having comfort that the car you are shopping for is mechanically healthy.
Other protection alternatives consist of prepaid automobile upkeep programs from car dealerships. These plans maintain the parts, services, and labor that are part of the suggested manufacturer’s repair and maintenance schedule. You can identify these line items and associated mileages noted in the car or truck owner’s guide.
Info on Grand Cherokee Warranty Types
Factory Warranty: A factory warranty is what you may picture when motor vehicle warranties are brought up. These sorts of manufacturer’s warranties usually are included when buying new cars, SUVs, or trucks and are one of the simplest and most cost effective ways to look after your automobile– warranty wise considering that the brand-new vehicle will likely cost more than a used one leading to you spending more money. The factory warranty resembles a manufacturer’s warranty and provides an assurance from the automaker that any problems with the vehicle will be fixed. Under the service warranty protection, the automotive company will repair any damaged areas and/or replace any damaged parts due to manufacturing issues, materials, and faulty workmanship with no cost to you as the automobile owner. The guarantee guarantees the automobile will be brought back to good operating condition.
Drivetrain Warranty: A drivetrain service warranty covers the components which “drive” the car or truck forward. The parts of the drivetrain can utilize the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and connected components. The service warranty also usually includes internal engine components like seals, gaskets, and other rubberized components. A drivetrain service warranty is another term for a powertrain service warranty and may cover comparable components depending on the manufacturer’s definitions and warranty terms.
Roadside Warranty: A roadside service warranty can help you when you are stranded or are broken down when driving. This warranty for the Jeep Grand Cherokee Laredo includes basic support services such as towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout help, fluid and fuel transport and delivery, and other comparable services. A roadside warranty is similar to roadside assistance, but it is incorporated into the warranty with the brand-new automobile from the automaker and not an add-on item through insurance policies or a vehicle service plan or VSP.
Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the body, materials, and frame of the car. Automakers often include this warranty with new vehicles to help fix damage triggered by caustic liquids, elements, and materials.
Jeep Grand Cherokee Factory Warranty Coverage
Factory Warranty: 3 years / 36,000 miles
Drive Train Warranty: 7 years / 70,000 miles
Roadside Warranty: 3 years / 36,000 miles
Rust & Corrosion Warranty: 5 years / 100,000 miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Jeep Grand Cherokee Laredo Features
In order to appeal to a greater market of car owners who are interested in the 2002 Jeep Grand Cherokee Laredo, a few different trim levels are provided. Practically all vehicle producers supply various options for their cars. This includes Stellantis who makes the Grand Cherokee model. These choices can feature details like various paint shades, wheel dimensions, or packages that include elements like a sunroof or gps system. Providing these alternatives enables manufacturers to appeal to different kinds of customers and also helps them to sell more cars.
These alternatives allow customers to pick a vehicle which satisfies their requirements plus can include various functions that they might want in their car. Some automobile makers may offer things like a selection of various engines, trim lines, and also performance or sport packages to select from, while others may offer a wide range of exterior color options or interior trim levels or colors. The choices that are available can vary between automakers, makes, and models, so do your research when you are shopping for a vehicle with certain options like heated seats or third occupant seating.
By putting in the time to look into the various choices that are out there for vehicles, you, as the customer, can make sure that you are buying precisely what you want in your new car. This SUV by Grand Cherokee comes geared up from the automobile maker with several basic setups and options. They consist of options like the solid live axle front suspension, solid live axle rear suspension,6-way power driver seat, bucket front seats, cloth,rear ventilation ducts, split-folding rear seatback,1 one-touch power windows, power door locks, heated mirrors, power mirrors,clock, compass, external temperature display, low fuel level warning, tachometer,cargo net, cruise control, front and rear cupholders, front door pockets, front seatback storage, power steering, retained accessory power, tilt-adjustable steering wheel, cruise controls on steering wheel,cargo area light, front and rear reading lights, interior air filtration, air conditioning, dual vanity mirrors, rear floor mats,6 total speakers, mast antenna, AM/FM CD-controller stereo,rear defogger, rear window wiper, roof rack, variable intermittent wipers,alloy wheels, full-size matching spare tire, inside mounted spare tire, 16 x 7.0 inch wheels, all season tires, alloy spare wheel, P225/75R16 tires,manual flip-up liftgate window, rear liftgate door,cargo tie downs,2 front headrests, 2 rear headrests, auto delay off headlamps, child seat anchors, electronic brakeforce distribution, engine immobilizer, front seatbelt pretensioners, 4-wheel ABS, rear center lap belt, rear door child safety locks, ventilated front disc/solid rear disc brakes, and other typical vehicle features.
Jeep Grand Cherokee Questions
Have questions about the Jeep Grand Cherokee Laredo? Get answers to frequently asked FAQs. It is essential to do your research on the vehicle and research the specific details. Check out the car specifications and understand how the car payment on a motor vehicle can impact your financial situation. These questions can help you understand the capabilities of the vehicle along with MPGs, weight, horsepower, and engine capabilities.
What is a Jeep Grand Cherokee Laredo?
The Jeep Grand Cherokee is a vehicle line produced by Stellantis. The Laredo is a specific package of the Jeep Grand Cherokee lineup. The vehicle is categorized as a mid-size SUV.
How much does a Jeep Grand Cherokee Laredo cost?
The Jeep Grand Cherokee Laredo costs around $27,010.
What is the car payment to buy a Jeep Grand Cherokee Laredo?
The monthly car payment on a Jeep Grand Cherokee Laredo depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the Grand Cherokee Laredo also need to be considered. Since the MSRP is $27,010, the average car payment for a new Grand Cherokee could be around $391.49. This can be estimated by using the MSRP minus a 10% down payment with a auto loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.
Can I lease a Jeep Grand Cherokee Laredo?
You may be able to lease a Jeep Grand Cherokee Laredo through an auto loan lender or financial institution.
Can I refinance my Jeep Grand Cherokee Laredo?
You may be able to refinance your Jeep Grand Cherokee Laredo depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.
Where can I buy a Jeep Grand Cherokee Laredo?
Try searching car dealers like Carvana for a Jeep Grand Cherokee Laredo. They often have good deals on recent vehicles and may also have a similar Jeep Grand Cherokee in their inventory.
How far does the Jeep Grand Cherokee Laredo go on a single tank of gas?
The Jeep Grand Cherokee Laredo can usually travel around 266.5/369.0 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.
Does the Jeep Grand Cherokee have good gas mileage?
Jeep Grand Cherokee gets an EPA estimated 13/18 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 15 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.
What kind of gas mileage does the Jeep Grand Cherokee get?
The Jeep Grand Cherokee gets 13/18 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 15.
What type of gas does a Jeep Grand Cherokee use?
The Jeep Grand Cherokee uses the regular unleaded fuel type.
How much gas does the Jeep Grand Cherokee gas tank hold?
The gas tank in the Jeep Grand Cherokee holds 20.5 gallons of gas.
What type of vehicle is the Jeep Grand Cherokee Laredo?
The Jeep Grand Cherokee with the Laredo package is a mid-size SUV.
What is the towing capacity of a Jeep Grand Cherokee?
The Jeep Grand Cherokee has a towing capacity of 6,500 pounds.
How much horsepower does a Jeep Grand Cherokee have?
The Jeep Grand Cherokee has a horsepower rating of 235HP.
What kind of engine does a Jeep Grand Cherokee Laredo have?
The Jeep Grand Cherokee Laredo comes with a 4.7L V8 5-speed automatic engine.
What type of drivetrain does a Jeep Grand Cherokee Laredo have?
The Jeep Grand Cherokee Laredo features a rear wheel drive drivetrain.
What kind of transmission does a Jeep Grand Cherokee come with?
The Jeep Grand Cherokee Laredo comes with a 5-speed automatic transmission.
Where is the Jeep Grand Cherokee made?
The Jeep Grand Cherokee Laredo is made in the United States by Stellantis.
Is the Jeep Grand Cherokee domestic or imported?
The Jeep Grand Cherokee is a domestic vehicle.
What car company makes the Jeep Grand Cherokee Laredo?
The Stellantis is the auto manufacturer which produces the Jeep Grand Cherokee Laredo.
How much does a Jeep Grand Cherokee weigh?
The Jeep Grand Cherokee Laredo has a gross vehicle weight of 5,200 pounds and a curb weight of 3,863 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Jeep Grand Cherokee come with?
The Jeep Grand Cherokee Laredo can come with a few warranties from the manufacturer including a 7 years / 70,000 miles drivetrain warranty, a 3 years / 36,000 miles roadside warranty, a 5 years / 100,000 miles anti-rust warranty, and a maintenance program.
