Skip to content
GizmoDriver

Chevrolet Suburban depreciation: value by age

Value kept after 3 years

62%

  • Loses 38% in 3 years.
  • 2023 LS 2WD. New: $59,095. Now: $36,500.
  • Median SUV at 3 years: 63% kept.
  • Value now: KBB fair price.

Pick another car

0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrSuburbanSUV median
Share of original MSRP kept, by age. Blue: median of 82 to 183 SUVs per age.
Chevrolet Suburban value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242LS 2WD$61,195$38,400KBB fair price63%$22,795$11,398
20233LS 2WD$59,095$36,500KBB fair price62%$22,595$7,532
20224Commercial 4WD$56,295$32,800KBB fair price58%$23,495$5,874
20215Commercial 2WD$52,695$29,300KBB fair price56%$23,395$4,679
20206LS 2WD$53,290$18,800KBB fair price35%$34,490$5,748
20197LS 2WD$52,360$17,800KBB fair price34%$34,560$4,937
20188LS 2WD$51,760$16,050KBB fair price31%$35,710$4,464
20179LS 2WD$51,460$14,550KBB fair price28%$36,910$4,101
201610LS 2WD$51,145$14,700KBB fair price29%$36,445$3,645
201511LS 2WD$50,405$13,050KBB fair price26%$37,355$3,396
2014122WD 4dr LS$49,795$6,475KBB fair price13%$43,320$3,610
2013131500 Fleet RWD$43,620$9,225KBB typical listing21%$34,395$2,646
2012141500 Fleet RWD$41,970$9,350KBB typical listing22%$32,620$2,330
2011151500 Fleet RWD$42,285$8,275KBB typical listing20%$34,010$2,267
201016Fleet RWD$40,470$6,025KBB typical listing15%$34,445$2,153
2009171500 LS RWD$39,065 MSRP only$7,525KBB typical listing19%$31,540$1,855
Biggest drop
New to age 2: $11,398 a year.
Values as of
October 2026

KBB resale value by year

Chevrolet Suburban: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$61,195$47,771$36,800$33,123$29,875
2023N/AN/AN/A$35,100N/AN/A
2022$50,071$44,735$41,215$31,400N/AN/A
2021$45,522$40,414$37,809$27,700N/AN/A
2020$36,081$30,161$24,822$16,750$14,531$12,665
2019$28,965$22,924$20,150$16,350$14,181$12,357
2018$24,672$19,618$16,184$14,600N/AN/A
2017$23,816$15,807$14,005$13,200N/AN/A
2016$24,491$16,316$15,254$13,000N/AN/A
2015$13,314$13,555$12,582$11,250N/AN/A
2014$13,093$10,618$8,546$5,650N/AN/A
2013$11,309$9,265$7,947$7,700N/AN/A
2012$9,443$7,916$7,468$7,200N/AN/A
2011$9,194$8,255$6,781$6,600N/AN/A
2010$10,082$7,576$7,494$4,650N/AN/A
2009$9,156$7,320$6,457$6,000N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked