When the time comes to hand over your hard-earned cash on a new SUV, there's always the temptation to look beyond the mainstream and purchase something with enough luxury to rival a plush hotel. A good example is a Jeep Grand Wagoneer because the better-equipped versions can set you back north of $90,000. However, you can relax in upmarket Nappa leather-upholstered seats and wood trim, though you'd need to when you remember how much of a kicking you've just given your bank account.The thing is, there could be a better way to get a well-equipped Grand Wagoneer for around half the price. Used examples of two-year-old specimens have plunged in value since leaving the showroom, opening the door for those with more restrictive budgets to get a shot at the high life. When compared to the sort of new SUV deals you can get for the same kind of money, it would take some discipline to turn down the opportunity. The Grand Wagoneer Is A High-Class Hauler StellantisWhile the huge Grand Wagoneer may be harder to drive around on tighter streets due to its large footprint, the SUV at least pays you back with practicality. There are three rows of seating, allowing up to seven people to enjoy the luxury touches at once. In addition, its high roof and bonus-length mean there is plenty of head and legroom for occupants across each row. There is ample cargo space, too.Even with all three rows up, the machine offers 27.5 cubic feet worth of space, which is more than an entry-level Toyota Corolla Cross can muster with two rows of seating. Fold them all down, and you've got a cavernous 94 cubic feet of room at your disposal.StellantisIn addition to being practical, the Grand Wagoneer offers lots of luxury. For starters, the cabin is treated to high-quality leather seats that not only provide heating capability, but they're cooled, too. If that's not enough, the chairs have a useful massage function, which helps keep occupants relaxed on a long trip.There's also high-quality wood trim throughout the cabin, while a premium sound system delivers music in stunning clarity. A moonroof comes standard, which helps flood the cockpit with vitamin D-boosting natural light. There's also a load more electronic goodies on offer, such as four-zone climate control, a 360-degree camera, and a range of other modern safety systems. Extreme Depreciation Means A Used Grand Wagoneer Is Insanely Cheap StellantisWhile it's a luxurious SUV, the Grand Wagoneer is expensive. When new, a 2024 model had a base price of $91,945, putting the vehicle well out of reach for most families, given that the average cost of a new car these days sits around $50,000. This is where depreciation comes in. Today, those with much less cash at their disposal can now secure a barely run-in Grand Wagoneer for around half its original MSRP.CarEdge reports that a base Grand Wagoneer will lose a massive 52.85% of its original value after just two years. The figure assumes the vehicle covers around 27,000 miles in that time, which is what the average American drives. The upshot of this is that you can expect to spend around $48k on a used 2024 Grand Wagoneer, which is a simply ridiculous deal for such a new vehicle. The beauty is that new cars lose most of their value over the first few years of their life, so most of the big damage has been done by the time you snap up a two-year-old example. A 2024 Jeep Grand Wagoneer Provides All The Grunt Needed To Get It Moving StellantisBeing the huge, land-going aircraft carrier that it is, the Grand Wagoneer's cabin has plenty of room for lots of upmarket toys and furnishings. As a result, it's pretty heavy, tipping the scales at a hefty 6,412 pounds. Jeep knew it needed to equip the SUV with a powerful engine if it was going to effortlessly accelerate and not have to be revved within an inch of its life to move away from the lights.The answer is Stellantis' mighty twin-turbocharged Hurricane inline-six engine, which was developed to succeed the legendary Hemi V8 for the automaker's larger vehicles. With 510 horsepower and 500 pound-feet of torque on tap, as well as a rapid-shift eight-speed automatic gearbox, the Grand Wagoneer can launch to 60 mph in a sports-car-threatening five seconds. This is partly made possible by the fact that the engine's grunt is shared among all four wheels, helping maximize traction from a standing start. The setup also makes driving less dangerous when grip is reduced, such as in icy weather. Riding In Comfort StellantisYep, this road-going behemoth gets air suspension as standard. This means you get a much smoother, more composed ride than with cars with standard suspension layouts. Aside from providing a cloud-like ride across whatever roads you're taking on, the system helps keep it nice and flat through the corners, as well as under acceleration and braking. The layout also improves comfort and leaves the Grand Wagoneer a step above the new SUVs you can get for a similar price. A Grand Wagoneer Will Cost You More Money To Run StellantisYou may save plenty of cash when compared to buying a new example, but that doesn't mean it will be any cheaper to keep running well. That twin-turbocharged inline six may be powerful, but when combined with the vehicle's huge weight, you'd be lucky to manage 15 miles per gallon combined fuel economy. An equivalent Toyota Grand Highlander, while considerably less powerful, averages 23 MPG. The Jeep's twin-turbo I6 would also cost more to service than the Toyota's smaller single-turbocharged four-cylinder unit, though this is nothing compared to other parts of the car.The air suspension arrangement alone could cost thousands to keep functioning properly over time, due to the elaborate airbag setup, which is costly to replace. The heavier machine will also work its running gear, like brakes and tires, harder, meaning you'd have to replace them more often. On top of that, the Grand Wagoneer also tends to fare worse in reliability than even its other full-size rivals. CarEdge reports that you'd likely need to spend around $12,000 over 10 years to keep it working, which is around $4,000 more than the average figure.There's also a 32.15% risk that the vehicle could suffer a major issue during this timespan, which is 7.56% worse off than the class average. As a result, you'll have to accept that you'll have to put your hand in your pocket more than you would if you purchased something like a new Grand Highlander instead. On the other hand, you get much more power, more space, and way more toys to enjoy. The only question to find the answer to is, what do you follow, your heart or your head?