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The 2001 Montero is available in two models, the XLS ($30,997) and the fully loaded Limited ($34,997). Both use the same 3.5-liter V6.

XLS is supplied with a 4-speed automatic, part-time 4WD and a 2-speed transfer case. A limited-slip rear differential and sunroof are optional ($1,150).

Limited comes with a 5-speed automatic with a Sportronic sequential shifter and ActiveTrac electronic full-time AWD coupled with a torque-sensing automatic limited-slip differential. Additionally, the Limited comes standard with the sunroof, leather interior, heated front seats, a power driver's seat, heated mirrors, fog lights, chrome exterior accents, premium audio and the LCD Information Center, which includes the aforesaid compass and readouts for outside temperature, date and time. Optional for Limited is automatic front climate control, rear air conditioning and heating and mid-cabin climate controls ($900).