The 2021 Grand Cherokee L starts at $38,690. That’s for a two-wheel-drive Laredo model with the standard V-6 engine, a $2,975 up-charge over an equivalent two-row model. That up-charge over equivalent two-row Grand Cherokees largely holds across the L family, with the biggest gap found comparing Overland trims, where the increase leaps to $6,235.

The lineup offers a mix of V-6 and V-8 engine choices, rear- or four-wheel drive, and increasing luxury as you progress up through it. Before we hop into those trim levels and ordering options, it should be noted how the Grand Cherokee L lineup is slimmer than the two-row 2021 Grand Cherokee’s, with fewer trim levels and even standard four-wheel drive on top versions—but it also is much better equipped. We expect that, as time goes on, Jeep will add more of the two-row’s flavors—such as the off-road-focused Trailhawk, sporty X, and slick High Altitude trims—to the three-row L. And don’t forget, a high-performance SRT model is likely, too.

The entry-level Grand Cherokee L is surprisingly affordable and well-equipped, at least by Jeep standards. Rear-wheel drive is standard, and Quadra-Trac I four-wheel drive is a $2,000 upcharge; every Laredo is powered by Chrysler’s 3.6-liter Pentastar V-6 with 290 hp and 257 lb-ft of torque.

A 10.25-inch digital gauge cluster is included, as is an 8.4-inch central touchscreen with Uconnect 5 and wireless Apple CarPlay and Android Auto. There are 12 USB ports (types A and C) scattered throughout all three rows of seating, and active safety features such as forward-collision warning, adaptive cruise control, automated emergency braking, lane-departure warning, blind-spot monitoring, rear cross-traffic alert, full-LED exterior lighting, and parking sensors front and rear are also included.

Jeep equips Laredos with 18-inch wheels, heated power-folding door mirrors, roof rails, an eight-way power driver’s seat, and dual-zone automatic climate control. That is a strong roster of equipment, especially considering how Jeep isn’t known for its value pricing. For example, a similarly priced Wrangler, Jeep’s iconic and smaller 4×4 lacks almost all of those features.

Like the Grand Cherokee L Laredo, the Altitude model uses the Pentastar V-6 and comes with rear-wheel drive; four-wheel drive is a $2,000 extra. Starting at $41,890, the Altitude adds 20-inch gloss black wheels and gloss-black exterior accents (the grille, roof rails, and grille, for example). Outside of its cosmetic upgrades, the Grand Cherokee L Altitude brings heated front seats, a power liftgate, rain-sensing windshield wipers, and a 115-volt household-style power outlet.

The $45,690 Grand Cherokee L Limited also uses the Pentastar V-6, and again, four-wheel drive is a $2,000 extra. Jeep’s Selec-Terrain drive mode system is included, offering Auto, Sport, Rock, Snow, and Mud/Sand settings. “Capri” leather seats are standard, as are memory functionality for the front seats (and power four-way adjustment for the passenger seat), heated rear seats, a heated steering wheel, audio-speaker-based noise-cancellation technology, LED fog lamps, remote engine start, and a universal garage door opener.

Opt for the $54,690 Grand Cherokee L Overland, and you unlock the V-8 engine option, as well as the option for an adjustable-height air suspension. The Pentastar is standard, with four-wheel drive, again, representing a $2,000 add-on. One difference? The four-wheel-drive system is Jeep’s Quadra-Trac II setup, which adds the ability to precisely mete out engine torque to the front or rear axle as needed. Also, splurge to the tune of $4,000 on the 357-hp 5.7-liter V-8, and Jeep throws in Quadra-Trac II 4WD gratis.

Overland models slather the seats in Nappa leather, add ventilation to the front chairs, and boast a stitched-leather dashboard cover. Navigation is included, as is a nine-speaker Alpine audio system, ambient interior lighting, 20-inch wheels, chrome tow hooks, passive entry, a power-folding third-row seat, electronic release for folding the second row flat, a foot-activated power tailgate, and a dual-pane panoramic sunroof. An available Off Road Group beefs up the Overland’s off-road cred, upgrading to Quadra-Drive II 4WD with low-range gearing, steel underbody skid plates, an electronic limited-slip rear differential, and smaller 18-inch wheel with “rugged” tires. Pricing for this package is forthcoming.

Treat yourself to the $58,690 Grand Cherokee L Summit, and you’ll find yourself nearly at the peak of the lineup. Again, the V-6 is standard (with Quadra-Drive II 4WD available for $2,000); spend another $5,000 for the V-8, and 4WD is included.

On top of the already luxe Overland, the Summit adds quilting to the Nappa leather seats, Berber floor mats, “Absolute Oak” wood trim, 16-way power front seats with available massage function, a four-zone climate control setup, a second-row console between the seats, specific 20-inch wheels, and a 360-degree parking camera. The Summit also adds a few safety features, such as Active Driving Assist (lane-keep assist self-steering function), driver drowsiness monitoring, cross-traffic collision warning, traffic sign recognition, and automated parking assist.

Okay, now you’ve reached the top of the Grand Cherokee L mountain. The top-dog Grand Cherokee L includes Quadra-Drive II 4WD and starts at $63,690 with the V-6 engine and $66,985 with the V-8. The interior is bonkers, with quilted Palermo leather, ventilated front and second-row seats, massage function for the front seats, open-pore Waxed Walnut wood trim, suede-like headliner material, 21-inch wheels, and a 950-watt 19-speaker McIntosh audio system.

Obviously, the best pricing for the Grand Cherokee L lives near the lower half of the lineup. The Laredo is genuinely well-equipped out of the gate, even if it’s a bit pricier than similar three-row SUVs such as Ford’s Explorer, Kia’s Telluride, and Honda’s Pilot. Jeep seems to be positioning the L as a luxury product, making it better compared against the Hyundai Palisade or lower-spec Lincoln Aviators—while also capping the top of the lineup at a reasonable (for its luxury quotient!) mid-$60,000 figure, leaving plenty of room for the upcoming full-size Wagoneer and even more luxurious Grand Wagoneer SUVs. Expect to pay slightly less for the upcoming two-row 2022 Grand Cherokee.