2020 Chevrolet Suburban Premier
48.3% depreciation ($36,271)
2020 Chevrolet Suburban Premier has a median resale price of $32,229 against an original MSRP of $68,500, which works out to 48.3% depreciation across 87 analyzed listings. It ranks 1 of 3 trims by value retention for this model year. This trim is listed with flex-fuel (FFV) and four wheel drive.
Depreciation Details
- MSRP (When New)
- $68,500
- Median Resale Price
- $32,229
- Depreciation
- 48.3%
- Listings Analyzed
- 87
How Premier Compares to Other 2020 Trims
Lower depreciation means stronger resale retention. The Premier ranks 1 of 3 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| Premierthis trim | $68,500 | $32,229 | 48.3% | 87 |
| LS | $53,800 | $24,689 | 53.5% | 8 |
| LT | $58,800 | $24,012 | 53.9% | 104 |
Specifications
| Engine Type | flex-fuel (FFV) |
| Horsepower | 355 hp |
| Torque | 383 lb-ft |
| Transmission | 6-speed shiftable automatic |
| Drivetrain | four wheel drive |
| City MPG | 14 mpg |
| Highway MPG | 21 mpg |
| Combined MPG | 16 mpg |
| Engine Size | 5.3 |
| Cylinders | V8 |
| Body Type | SUV |
| Doors | 5 |
| Seats | 7 |
| Curb Weight | 5,808 lbs |
| Cargo Capacity | 39.3 |
| Fuel Tank | 31.0 |
Frequently Asked Questions
How much has the 2020 Chevrolet Suburban Premier depreciated?
The 2020 Chevrolet Suburban Premier shows 48.3% depreciation from its original MSRP. In dollar terms, the median listing price is $32,229 compared with an original MSRP of $68,500. This is based on 87 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the Premier trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 3 trims with enough listing data, it ranks 1 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2020 Chevrolet Suburban Premier?
The matched spec record lists flex-fuel (FFV), four wheel drive, 6-speed shiftable automatic, 16 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.