How Much Should I Pay: 2007 & 2008 Chevrolet Suburban
Question From Burban: Good Evening thanks for helping all of us over the years, could you check to see what 2007 and/or 2008 Suburbans are going for at the auction…
Year: 2007
Make: Chevrolet
Model: 1500 Suburban 4×4
Trim: LTZ
5.3 v8 flexfuel option
Mileage: 24,000 to 30,000
VIN:
Buying or Selling? - Buying
ZIP: 64109
Queen of the Road: Hi Burban. Below are quotes for two different mileages for the 2007.
For a 2007 Chevrolet Suburban 1500 4WD 5.3L LTZ with 24,000 miles, prices range from $30,100 (being in above average condition) to $26,700 (being in average condition) and $23,300 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $25.5k to $32.8k.
For a 2007 Chevrolet Suburban 1500 4WD 5.3L LTZ with 30,000 miles, prices range from $29,100 (being in above average condition) to $25,700 (being in average condition) and $22,400 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $24.5k to $31.9k.
There are too few 2008 circulating in autction at the moment, so here’s an estimate with each mileage.
For a 2008 Chevrolet Suburban 1500 4WD 5.3L LTZ, prices range from $37,900 (being in above average condition with 3,500 miles) to $35,000 (being in average condition with 7,000 miles) and $32,100 (being in below average condition with 10,500 miles).
Be sure to do plenty of research on the history of the car, Carfax, and have a mechanic do a brief inspection before you buy. Good luck and keep us posted on how everything goes! Don’t forget to tell your friends and family about our free personal service.
