2023 Chevrolet Suburban Diminished Value Case Study (PDF)
The Chevrolet Suburban, an iconic nameplate dating back to 1935, has established itself as a household name over 87 years, akin to the recognition of Coca-Cola. Now in its 12th generation, this colossal full-size SUV, built on a robust body-on-frame platform, continues to offer three rows of seating, accommodating up to eight passengers and boasting impressive towing capabilities.
Powering the Suburban is a standard 355-horsepower V-8, with optional choices including a 277-horsepower inline-six turbodiesel and a robust 420-horsepower gas V-8.
These engines are seamlessly paired with a responsive 10-speed automatic transmission and offer a choice of rear- or four-wheel-drive, except for the rugged four-wheel-drive-only Z71 trim.
Cargo space in the Suburban is cavernous, surpassing even the Jeep Wagoneer when the third row is folded down. An available air suspension system ensures a comfortable ride over various terrains.
While the interior design and materials might not be groundbreaking, the 10.2-inch touchscreen impresses with its speed and clarity, handling climate and navigation functions seamlessly. Additionally, the 2023 Suburban introduces GM’s Super Cruise technology on its top trims, offering hands-free driving on select highways.
This feature enhances an already impressive package, as the Suburban combines a spacious and comfortable interior with a wide array of tech and driver-assistance features, making it a standout choice in the full-size SUV segment.
Was Your 2023 Chevrolet Suburban in an Accident?
It was just a regular day when you had a car accident. Did you know that a wrecked and repaired car can experience diminished value, resulting in a decrease of $17,155 or more in its worth?
| Diminished Value Calculator | |
| Before Accident Cash Value | $85,775 |
| After Accident Cash Value | $68,620 |
| Diminished Value | $17,155 |
Regardless of fault, you’re entitled to the reduction in value! Wondering how much your car lost due to a collision? We can help you! We are a licensed auto appraisal company specializing in Diminished Value, Total Loss, Actual Cash Value, Classic Cars, and Insurance Claim Settlements. Get a FREE Claim Review or call at (678) 404-0455 and receive the compensation you deserve.
