Overview

• The Summit Reserve 4xe’s price cut follows May 2024’s $18,500 reduction and brings the RRP down from $111,450 to $77,760 plus on-road costs.
• About 90 plug-in hybrid units remain in national stock, equating to roughly 2.5 years of demand at current sales rates.
• Grand Cherokee deliveries plunged from 16,582 in 2014 to 645 last year, prompting Jeep to withdraw the PHEV variant in March.
• The PHEV powertrain combines a turbocharged 2.0-litre petrol engine, dual electric motors and a 17.3 kWh battery for 280 kW output and up to 52 km of electric range.
• This markdown continues Jeep’s broader strategy of deep discounts across its Australian range to bolster value as sales decline.