This offer is good for only a few more days.
The current generation Jeep Grand Cherokee is living on borrowed time. Earlier this month, the automaker unveiled the all-new and first-ever 2022 Grand Cherokee L, an extended-length three-row version of the next-generation SUV. A regular-length variant will arrive later this year. It appears Jeep is already preparing as CarsDirect reports brand dealerships have just been notified of a last-minute January sale for the best-selling SUV. A 2021 Grand Cherokee can now be financed at a 0 percent APR rate for 72 months.
Previously, Jeep was offering a 3.9 rate for the same six-year time period. So for example, a Grand Cherokee Overland price at $51,410 financed at 0 percent reduces the monthly payment by $88.
That comes to a total of over $6,300 in savings over the course of the loan. This isn't the first time Jeep has offered a 0 percent rate on the Grand Cherokee, but it hasn't done so since last November as part of its Black Friday sale. Also, that was for the 2020 model, all of which have since sold out.
This month's offer appears to be valid for all trim levels with the sole exception of, not surprisingly, the Hellcat-powered Trackhawk. Also noteworthy is that this is a standalone offer, meaning customers can't combine it with other incentives and/or rebates.
In California, for example, up to $3,750 in rebates will have to be forfeited. Still, having zero-interest payments for six years is likely the best option. Why is the fact important? Because many dealers include rebates in advertised pricing. Therefore, one should expect the price to increase once the rebate is subtracted.
As of now, the offer will expire on February 1, but President's Day sale prices are just beginning to appear. Jeep has not yet announced these, at least for the Grand Cherokee, but we wouldn't be surprised to see the zero interest rate continue through next month as well.