All comparisonsCost of ownership comparison

Jeep Grand Cherokee vs Ford Explorer

The 2022 Jeep Grand Cherokee and 2022 Ford Explorer are two of the most popular three-row-capable family SUVs on the used market, frequently pitted against each other by shoppers who want capability, comfort, and brand reliability. Both offer strong feature sets around $31,000–$33,500 used, but their true cost of ownership diverges significantly once you factor in fuel economy, insurance rates, and long-term reliability records. Understanding the five-year financial picture is essential before signing anything.

Lower cost to own: Ford Explorer

The 2022 Ford Explorer edges out the Grand Cherokee with a lower purchase price, better fuel economy, and historically lower repair costs, saving the typical buyer roughly $3,800 over five years despite slightly weaker resale performance.

2022 Jeep Grand Cherokee

~$33,500 used
True monthly cost$892/mo
5-year total$53,520
Ownership Score64/100
Depreciation$412/mo
Insurance$178/mo
Fuel / energy$187/mo
Maintenance & repairs$115/mo
  • Strong off-road capability supports higher resale in adventure markets
  • Well-known nameplate keeps dealer trade-in offers competitive
  • 4xe plug-in hybrid trim available for fuel savings if chosen
  • Above-average repair frequency and higher repair costs vs class average
  • Relatively poor fuel economy at 19–22 MPG combined on base V6
  • Higher insurance premiums due to theft rates and claim history for Jeep brand

2022 Ford Explorer

Winner
~$31,000 used
True monthly cost$829/mo
5-year total$49,740
Ownership Score72/100
Depreciation$368/mo
Insurance$162/mo
Fuel / energy$171/mo
Maintenance & repairs$128/mo
  • Better combined fuel economy at 21–24 MPG reduces annual fuel spend
  • Lower starting used price provides immediate equity advantage
  • Ford's broad dealer network lowers average labor and parts costs
  • Depreciation curve slightly steeper than Grand Cherokee beyond year 3
  • Some model years had 10-speed transmission reliability concerns
  • Third-row is tight for adults making it less practical than it appears on paper

Category by category

Reliability
The 2022 Explorer scores slightly better on J.D. Power dependability and has a lower average annual repair cost (~$732) vs the Grand Cherokee (~$834) according to RepairPal data.
Ford Explorer
Fuel / energy cost
The Explorer's EcoBoost 2.3L delivers 21–24 MPG combined vs the Grand Cherokee's 3.6L V6 at 19–22 MPG, saving roughly $190–$240 per year at average US gas prices.
Ford Explorer
Resale value
The Grand Cherokee holds approximately 52–54% of its value after five years vs the Explorer's 48–50%, reflecting strong Jeep brand demand in the used market.
Jeep Grand Cherokee
Insurance
The Explorer carries average annual premiums of roughly $1,944 vs the Grand Cherokee's $2,136, partly due to the Jeep's higher theft and comprehensive claim frequency.
Ford Explorer
Maintenance
Routine service intervals are comparable, but the Grand Cherokee's oil change and scheduled maintenance costs are marginally lower at base trim levels than the Explorer's EcoBoost engine requirements.
Jeep Grand Cherokee
Practicality
The Explorer seats up to seven with a more usable third row and offers 87.8 cubic feet of max cargo space vs the Grand Cherokee L's 84.5 cubic feet in the standard five-year comparison trim.
Ford Explorer

The verdict

Over five years and 60,000 miles, the 2022 Ford Explorer costs roughly $3,800 less to own than the 2022 Jeep Grand Cherokee when accounting for purchase price, fuel, insurance, and maintenance. The Grand Cherokee fights back with better resale value and genuine trail capability, making it worth the premium only if those features matter to your lifestyle. For the majority of suburban family buyers, the Explorer delivers better overall value and lower financial stress.

Jeep Grand Cherokee: The 2022 Jeep Grand Cherokee is best for buyers who prioritize off-road capability, towing up to 7,200 lbs, and strong resale value in outdoor-lifestyle markets.

Ford Explorer: The 2022 Ford Explorer is best for cost-conscious family buyers who want a practical three-row SUV with lower running costs and a wide dealer service network.

Frequently asked questions

Which is more reliable, the 2022 Jeep Grand Cherokee or 2022 Ford Explorer?

The 2022 Ford Explorer has a slight edge in owner-reported reliability and a lower average annual repair cost of around $732 vs the Grand Cherokee's $834, though neither vehicle is a standout reliability leader in its class.

How much does it cost to insure a 2022 Jeep Grand Cherokee vs Ford Explorer?

Expect to pay roughly $2,136 per year to insure the Grand Cherokee compared to about $1,944 for the Explorer, with final rates varying by driver profile, location, and coverage level.

Which holds its value better after 5 years?

The 2022 Jeep Grand Cherokee retains approximately 52–54% of its original value after five years, outpacing the Explorer's 48–50% residual, making it the stronger choice if resale is a priority.

Does the 2022 Ford Explorer have three rows?

Yes, the 2022 Ford Explorer has three rows and seats up to seven passengers, though the third row is best suited for children or occasional adult use on short trips.

Is the 2022 Jeep Grand Cherokee good for towing?

Yes, the 2022 Grand Cherokee can tow up to 7,200 lbs with the right package, significantly outpacing the Explorer's 5,600 lb max tow rating, making it the clear choice for trailer or boat owners.