One problem related to power train has been reported for the 2001 Jeep Laredo. The most recently reported issues are listed below.
We have a 2001 Jeep Laredo and the left rear axle seals and bearings have gone out twice. Bearings start making noise at around 35 mph. The seals failed and caused oil to get on the emergency brake lining causing emergency brake to be ineffective. The first time this went out the vehicle had approx. 75,000 mi. The vehicle has the same problem again at approx. 82,000 mi. This has cost $1100. 00 to fix the first time and is at the dealer now for the second repair which will cost at least $1500. 00 to repair bearings and emergency brake and/or linings.