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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About the 2002 Jeep Grand Cherokee SUV
The 2002 Jeep Grand Cherokee is produced under the Jeep automobile brand name. It is categorized as a mid-size SUV and includes a SUV body. This 4 door SUV has four wheel drive with a 5-speed automatic transmission. The Jeep Grand Cherokee is mainly domestic from the country of United States. The Jeep automobile line is a subsidiary motor vehicle company held by Stellantis.
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Introduction to the 2002 Jeep Grand Cherokee Laredo
The Jeep Grand Cherokee can be found in different trim levels and spec packages such as the 2002 Jeep Grand Cherokee Laredo 4WD 4 Door SUV (4.7L 8-Cylinder 5A). This variation of the Grand Cherokee SUV features the Laredo 4WD 4 door SUV with a 4.7L 8-cylinder 5A on the Jeep Grand Cherokee platform. The Grand Cherokee Laredo trim can add automobile enhancement bundles based on the origin of the automobile and the production generation.
Jeep Grand Cherokee Laredo Pricing and MSRP
Are you interested in finding a 2002 Jeep Grand Cherokee Laredo? The original MSRP is noted at $28,980 and related Kelly Blue Book market prices are often lower. Used estimates are calculated using the year, make, model, and market demand. Jeep Grand Cherokee values can increase outside of these value ranges due to things like increased consumer demand, reduced availability, and auto industry shortages. In 2021, automobile rates and relevant motor vehicle equity inflated due to widespread semiconductor chip shortages and supply chain hiccups. This resulted in a strain on the car marketplace with older used quotes overtaking the equity highs formerly only seen by brand-new motor vehicle models.
MSRP: $28,980
Trim & Style: Laredo 4WD 4 door SUV with a 4.7L 8-cylinder 5A
Made In: United States
Grand Cherokee Laredo Performance Specs and Engine
An automobile’s power, torque, and performance are important for understanding the operational design, and they matter more in a few cases than others. For instance, if you are towing a load or trailer with a truck. The performance specifications and capacities of your engine pulling bundle matters a lot. If you are taking your sports car out for a track day, your brake horsepower, top speed, and engine can lead to more bragging rights. However, if you are trying to find a smaller economical car or sedan to drive to work as a daily driver, you might not care what is under the hood as long as it is efficient and the engine runs well.
Jeep Auto Specifications from the Manufacturer
The 2002 Jeep Grand Cherokee may come along with a few various performance bundles and engine choices. This specific Jeep automobile includes the 4.7 gas engine with a four wheel drive drivetrain.
Engine: 4.7L 8-cylinder 5A
Horsepower: 235
Doors: 4 door
Transmission: 5-speed automatic
Drive Type: four wheel drive
Fuel: gas
MSRP: $28,980
Manufactured: United States
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Gas Mileage (MPG)
Understanding gas mileage and fuel economy are vital variables when it comes to getting a Jeep Grand Cherokee. The actual expense of the auto includes much more than the list price and includes the fuel expense. This is typically the next most pricey aspect when it comes to automobile ownership. The next most costly element is adhering to the advised service schedule and completing preventive repairs and maintenance.
The U.S. Environmental Protection Agency or EPA produces assessments around a vehicle’s gas mileage (MPG) and the number of miles an auto can productively drive per a gallon of fuel consumed on city streets and on the highway. MPG depends on Jeep Grand Cherokee engine type, efficiency, operation altitude, and other things like aftermarket customizations, however it offers an excellent guideline for fuel use.
For the 2002 Jeep Grand Cherokee, the EPA has determined drivers will get an average of 12/17 MPG for operating the vehicle on city streets and during driving on the highway. These values are different because city driving entails driving on local area roadways, stopping at traffic lights, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which call for the Jeep Grand Cherokee to stop and start more frequently. On the highway, the Jeep Grand Cherokee’s engine and fuel effectiveness can be extended, attaining a better MPG score.
Fuel Usage Comparisons
Are you curious about comparing motor vehicle MPGs? Check to see how your existing car, truck, or SUV compares to the fuel efficiency of the 2002 Jeep Grand Cherokee. This can be a crucial factor in the car purchasing journey. Use the gas mileage comparison calculator shown below to see how many more miles you could drive and fuel costs. Can you save gas money by driving this Jeep Grand Cherokee or will it cost you more gas money to drive?
Finding financing for your 2002 Jeep Grand Cherokee SUV can be a great way to own the vehicle you would like while paying for it throughout several months by making monthly payments toward the vehicle. Calculate the amount you will need to finance by finding the distinction in between the cost of your new Jeep Grand Cherokee and the valuations of your down payment and any trade-in credit from your old motor vehicle.
This will give you the amount of money you will be required to finance your 2002 Jeep Grand Cherokee. Check with lending institutions to see qualified financing offers. These offers will be based on your credit scores, customer profile, and credit report. This next step is all about choosing the ideal loan provider. It is usually best to look at funding rates and terms from a range of lenders (evaluating deals with 3-4 lending institutions is good). Double checking the competing deals will help you secure the very best funding offer possible on your Jeep vehicle.
To complete your Grand Cherokee finance, you need to do a few things involving having a suitable credit rating, meeting lender requirements, and meeting motor vehicle finance qualifying criteria. Credit ratings in the 500s (subprime classification) might be appropriate for older used car or truck funding with scores in the 600s suitable for newer automobile financing.
Other lender requirements include making a certain quantity of cash each month and meeting residency requirements by living in an area the lending institution services. Your vehicle needs to fulfill general motor vehicle finance requirements like being newer than 10 years old and having less than 100,000 miles with positive motor 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.
About Chrysler Capital
Chrysler Capital is Jeep’s in-house financing support services division. If you are considering purchasing a newer vehicle from an auto brand dealer, they provide several funding alternatives. The rewards and deals can consist of lending offers like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based upon the amount of down payment). Chrysler Capital can even provide leasing offers and incentives like 10,500 yearly miles for 39 months with a set dollar amount due at finalization.
Calculate Funding Your Grand Cherokee Laredo
It is necessary to understand how much you can afford to allocate towards your brand-new 2002 Jeep Grand Cherokee. When tracking your personal expenditures, it can be good to keep track of the financing offers from different lenders. This step is important not just for motor vehicle budgeting but also for your financial well being. Checking loan numbers with a finance calculator is among the most convenient ways to rapidly see your approximated motor vehicle payment.
What is the Car Payment to Buy a Jeep Grand Cherokee Laredo?
Wondering how much it would cost to sign a motor vehicle loan on a 2002 Jeep Grand Cherokee? Here is an approximate cost you can use to kick off the research! The answer to your car payment question depends on a couple of things. The monthly automobile payment on a Jeep Grand Cherokee Laredo is calculated by your down payment, car loan rate, term, credit score, trade in-value, and various factors. Things like sales tax on the Grand Cherokee Laredo also need to be thought about. So, since the manufacturer’s suggested retail price or MSRP is $28,980, an average auto payment for a brand-new Grand Cherokee may be around $420.05.
This can be approximated by utilizing the MSRP minus a 10% down payment with a car loan interest rate of 5% over a term of 48 months. Keep in mind it does not take into account crucial info like sales tax. Simply use this information for your research. Remember this amount is what it may cost if you were to buy the 2002 Jeep Grand Cherokee “new” according to the MSRP. With used automobiles, there is a considerable chance the month-to-month vehicle payment will be considerably varied. You can check additional estimates using different percentages using a car payment calculator.
Estimated Monthly Payment
$420.05
Involved Payment Factors
MSRP: $28,980 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 a choice to think about after you have made a number of your initial regular monthly automobile payments. The original lending institutions you originally financed through frequently have benefits and offers which lapse or are front-weighted. For example, discounts like cash back kickbacks and 0% APR financing discount rates might begin losing their usefulness or value after 6 to 12 automobile payments.
If your financial circumstance has changed since you acquired your Jeep Grand Cherokee or if your original APR and term are no longer advantageous to you, consider refinancing. You can generally save cash on your regular monthly car payments by refinancing your car loan.
Jeep Grand Cherokee Vehile Insurance
Having motor vehicle insurance insurance for your Jeep Grand Cherokee is vital to drive on public roads. Getting the ideal insurance plan for you may help cover damages and expenses associated with motor vehicle crashes and collisions, motor vehicle theft, and additional damage to your auto. Not only will your insurance assist you in repairing the damage from an auto collision or hitting an object, but maintaining current insurance is commonly a legal requirement to drive a car on public roads in most states and counties in the U.S. The most ideal auto insurance plans and associated coverage are often comprehensive collision coverage which helps you repair accident-related damage to your Jeep SUV and cover non accident-related damage from many things like bad weather, storms, wildland fires, vandalism, and wild animal strikes on top of automobile collisions. The insurance policy can even help you fix the 4.7L engine in your SUV together with other mechanical parts. The amount you spend for the coverage can change and is typically based upon the year of your motor vehicle. If you drive the 2002 Laredo, this will be factored into your month-to-month insurance coverage payments. Learn more about insurance coverage and secure your Jeep Grand Cherokee Laredo 4WD 4 door SUV with a 4.7L 8-cylinder 5A.
Where to Purchase a Jeep Grand Cherokee Laredo
Shopping for the best motor vehicle can be hard. When it comes time to purchase an automobile, there are a lot of things to think about. For instance, you should shop for the right make and model vehicle that matches your needs in addition to handling an automobile payment that aligns with your budget plan. There are a great deal of choices in the market for looking at used and new automobile inventory, so it could be hard to know where to start your vehicle purchasing journey. Carvana is one of the best companies to start shopping for a vehicle. Their big inventory, lending options, and trade-in policies can allow you to quickly swap the car or truck you have now for a different one you really want to drive. Discover how to purchase an automobile through Carvana.
When it comes to getting the best care for your brand-new motor vehicle, we frequently think about branded factory service warranties. These factory warranties incorporate traditional protections like a limited 3 year in duration or 36,000 mile bumper-to-bumper warranty and a 5 year long or 60,000 mile powertrain warranty. These annual durations begin with the initial date of sale to the initial truck or car’s owner.
Supplementary factory car warranties are also readily available depending upon the motor vehicle’s engine type. As an example, new trucks, cars, or SUVs with diesel engines can come with a manufacturer’s factory 5 year duration or 100,000 mile powertrain manufacturer’s warranty. Hybrid cars and electric vehicles (EVs) often have unique warranty plans like a 8 year or 100,000 mile service warranty.
There are also extended car or vehicle service plans (VSPs), Certified pre-owned (CPO) guarantees, and extra warranty protection choices offered beyond the auto maker’s factory programs. VSPs provide routine maintenance service programs with additional protection for a vehicle’s parts and components in case your automobile has a large mechanical breakdown or failure. These are excellent choices to look into when purchasing a used automobile.
CPO guarantees typically add protection for extra years with a mileage and/or time limitation like 2 years or 80,000 miles on the car. Cars, trucks, and SUVs that are sold with CPO statuses go through an extensive pre-owned inspection by licensed brand technicians which includes additional guarantee years. CPO automobiles usually cost more than equivalent used motor vehicles but could be worth it for coming with comfort that the vehicle you are purchasing is mechanically safe.
Other coverage options consist of pre-paid vehicle maintenance programs from vehicle dealerships. These programs protect the components, services, and labor that belong to the suggested manufacturer’s maintenance schedule. You will identify these line items and associated mileages detailed in the car owner’s guide.
Information Regarding Grand Cherokee Warranties
Factory Warranty: A factory service warranty is what you may think about when it comes to a “motor vehicle warranty”. These sorts of warranties frequently are included with the purchase of brand-new SUVs, cars, or trucks and are among the most convenient and most budget-friendly approaches to safeguard your automobile– warranty wise since the new car or truck will likely cost more than a used one leading to less affordability. The factory service warranty resembles a manufacturer’s warranty and provides a promise from the car manufacturer that they will fix any problems due to manufacturing errors and quality concerns. Under the guarantee coverage, the automobile manufacturer will repair any damaged areas and/or replace any damaged parts due to manufacturing flaws, defective components or materials, and faulty workmanship without any expense to you as the automobile owner. The service warranty makes sure the car will be brought back to great operating condition.
Drivetrain Warranty: A drivetrain warranty covers the parts, parts, and systems which move or “drive” the vehicle forward. A drivetrain service warranty is also another term for a powertrain warranty and might cover similar components depending on the automaker’s definitions and service warranty terms.
Roadside Warranty: A roadside service warranty can help you when you are stranded or broken down when driving. This warranty for the Jeep Grand Cherokee Laredo includes basic support services like towing, flat tire fixing or replacement, dead battery assistance and jumpstarts, lockout assistance, fluid and fuel transport and delivery, and other related services. A roadside warranty resembles roadside assistance, however it is included with the new vehicle from the car manufacturer and not an add-on item through insurance policies or a vehicle service plan (VSP).
Rust & Corrosion Warranty: A rust and corrosion warranty helps to defend the body, materials, and frame of the motor vehicle. Car manufacturers often include this warranty with brand-new cars to help repair damage caused by caustic liquids, compounds, and chemicals.
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 Additional Add-ons
In order to interest a bigger variety of customers who are interested in the 2002 Jeep Grand Cherokee Laredo, different trim levels are provided. A lot of car producers feature different options for their cars. This includes Stellantis who makes the Grand Cherokee model. These alternatives can feature factors like various paint shades, wheel sizes, or packages that include aspects like a sunroof or gps system. Providing these choices allows suppliers to appeal to different types of customers and also helps them to move even more cars and trucks.
These alternatives enable consumers to pick a vehicle which suits their needs plus can include different attributes that they may desire in their automobile. Some vehicle suppliers may provide things like a range of various engines, trim lines, and also sport or performance packages to pick from, while others may offer different exterior colors or interior trim levels or colors. The options that are available can vary across car manufacturers, makes, and models, so do your research when you are trying to find an automobile with specific features like heated seats or 3rd occupant seats.
By putting in the time to look into the various options that are offered, you, as the customer, can make sure that you are buying specifically what you want in your new car. This SUV by Grand Cherokee comes set up from the auto producer with several basic trims 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 standard components.
Jeep Grand Cherokee Questions
Have concerns about the Jeep Grand Cherokee Laredo? Here are some answers to commonly asked FAQs. It is crucial to know what you are getting into with your vehicle purchase and research the specific details. Check out the vehicle specs and be aware of how your car payment on your automobile can affect your budget. 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 $28,980.
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 $28,980, the average car payment for a new Grand Cherokee could be around $420.05. 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 246.0/348.5 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 12/17 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 14 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 12/17 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 14.
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 4×4 5-speed automatic engine.
What type of drivetrain does a Jeep Grand Cherokee Laredo have?
The Jeep Grand Cherokee Laredo features a four 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 5,500 pounds and a curb weight of 4,041 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.
