The completely redesigned 2005 Jeep Grand Cherokee will also come with a new price, $26,775 or $1,780 lower than the previous model. That's for the base price Grand Cherokee Laredo. There is also an array of 4x4 models. The 4x4 Laredo will be $28,745 with the 3.7L V6 engine borrowed from the Jeep Liberty. The Grand Cherokee Limited 4x2 is $32,100 and the 4x4 will be $34,690. And what will the top-of-the-line model with a 5.7L Hemi V8 cost? A tidy $37,860.