If you've just purchased a new 2011 Jeep Grand Cherokee, you have our sincere congratulations, but you also might not want to read this post any further.
The 2012 Grand Cherokee, which goes on sale next month, will reportedly benefit from a $3,220 price decrease versus the 2011 model. This means that the base Laredo trim level with two-wheel drive will now carry an MSRP of $26,995. It also means that the resale value of your 2011 model has likely just taken a pretty severe whack.
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