Jeep: The company to hike rates on all it’s SUVs from 1st January next year, what you must know

Jeep: According to the information provided by sources, Jeep India will soon implement a price increase of between two and four percent across the board for all of its models, including the newly introduced Jeep Grand Cherokee.

Prices have been raised for the majority of Jeep models

The new pricing structure will become effective as of the first month of the year 2023. Although this will be the first time that prices have been raised for the majority of Jeep models in India, including the Jeep Wrangler, Jeep Meridian, and even the new Jeep Grand Cherokee, prices for the Jeep Compass, which is the company’s best-seller, have already been raised four times in 2018, with the most recent increase taking place in November.

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The cost of the materials has reportedly increased, which resulted in the price rise being implemented, as stated by the sources. All Jeep models, including the new Jeep Grand Cherokee, could see a price increase of 2% to 4% starting on January 1, 2023.

Cost of Jeep in India

The Jeep Compass, Jeep Meridian, Jeep Wrangler, and Jeep Grand Cherokee are the four different sport utility vehicles (SUVs) that are locally manufactured by Jeep India and sold in the country. Prices for the Jeep Compass range anywhere from Rs. 19.29 lakh to Rs. 32.67 lakh (ex-showroom, India), while prices for the Jeep Meridian range anywhere from Rs. 29.90 lakh to Rs. 36.95 lakh (ex-showroom, India).

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The base model of the Jeep Wrangler will cost you 57.85 lakh Indian rupees (ex-showroom, India), while the Rubicon model will set you back 61.85 lakh Indian rupees (ex-showroom, India). As a point of comparison, the price range for the newly introduced Grand Cherokee is between 77.50 lakh rupees (ex-showroom, India).

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