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Grand Cherokee From Jeep Now Costs Less

June 3rd, 2010 Posted in News

The recent bankruptcy experienced by United States auto maker Chrysler Group proved to be a significant set back, but it appears that the company is set to come back with a new model of their popular Jeep line. The new 2011 Jeep Grand Cherokee will be offered at a lower price than previous models, with the Jeep Grand Cherokee Laredo 4×4 having a manufacturer’s suggested retail price (MSRP) of $32,995 which puts it around $500 lower in price than the current model which it was designed to replace. The Laredo 4×2 will come at a price tag that is a full $2,000 less than the 4×4 model. In the auto industry show rooms this June, consumers will be treated to the new Grand Cherokee models and this will be a big moment for the company after being restructured under Fiat. According to recent press releases, Chrysler has big plans for a variety of new models that will be hitting the market in the future.

The new Grand Cherokee models will feature a totally redesigned style of body just for 2011 and a 290 horse power 3.6 liter Pentastar V6 engine. With the new engine comes 11 per cent fuel economy and an average of 23 miles per gallon which is the equivalent of over 500 miles driven on a single tank of gas. Those that want to opt for a Hemi can get a 5.7 liter V8 with 360 horse power if they choose. Besides the Laredo there will also be the Limited at $39,995 and the Overland, the luxury model of the line, offered at $42,995 for those who want more.

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