Up to $5,000 cash back or up to $1,500 cash and 0.0% financing for 36 months. The compact Jeep Cherokee is just being redesigned as an early 2019 model, with a big cash rebate being offered on remaining 2018 stock. Improvements are incremental, but perhaps not enough to leave $5,000 on the table if you’d be just as happy with the outgoing version.