Real price data

What should you pay for a 2024 Chevrolet Suburban?

Original MSRP

$67,700

When new

Fair market price

$64,778

Mileage-adjusted

Below MSRP

$2,922

A fair used price

Where prices land

$41,297Fair price $64,778$90,192

25th $50,760 · 75th $67,889 · MSRP $67,700

Spread of current 2024 Chevrolet Suburban listings · 25th–75th percentile marked.

Negotiating leverage

82

out of 100

strong leverage

~74 days of national supply — strong leverage to negotiate.

Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.

Market demand & negotiating leverage

74days of supply

Buyer's market

Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Chevrolet Suburban.

National Market Day Supply — how long it would take to sell the current used 2024 Chevrolet Suburban inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$62,284$64,992

Estimated dealer invoice — about $67,700 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
LT$49,599$67,700$62,284–$64,992
LS$54,313$80,599$74,151–$77,375
Premier$64,132$75,600$69,552–$72,576
Z71$64,809$69,300$63,756–$66,528
RST$64,907$70,300$64,676–$67,488
High Country$70,669$82,900$76,268–$79,584
LT
$49,599
LS
$54,313
Premier
$64,132
Z71
$64,809
RST
$64,907
High Country
$70,669

Safety & recalls

1 open NHTSA recall on record for the 2024 Chevrolet Suburban.

ENGINE AND ENGINE COOLING:ENGINE:HARD PARTS INTERNAL/MECHANICAL

General Motors LLC (GM) is recalling certain 2021-2024 Cadillac Escalade and Escalade ESV, Chevrolet Silverado 1500, Suburban, and Tahoe, GMC Sierra 1500, Yukon, and Yukon XL vehicles equipped with a 6.2L V8 gas engine. The connecting rod and/or crankshaft engine components may have manufacturing defects that can lead to engine damage and engine failure.

Remedy: Dealers will inspect the engine, and as necessary, repair or replace the engine. For vehicles that pass inspection, dealers will add higher viscosity oil, install 6 oil fill cap, replace the oil filter, and update the owner's manual. Repairs will be performed free of charge. Owner notification letters were mailed June 18, 2025. Owners may contact Cadillac customer service at 1-800-333-4223, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is N252494000.

Campaign 25V274000 · 24/04/2025

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Frequently asked questions

What is a fair price for a 2024 Chevrolet Suburban?

A fair, mileage-adjusted price is about $64,778, within a typical market range of $50,760 to $67,889.

Is the 2024 Chevrolet Suburban cheaper than MSRP?

Yes — its original MSRP was about $67,700, so a fair used price is roughly $2,922 below MSRP.

Is now a good time to buy a 2024 Chevrolet Suburban?

There are about 74 days of national market supply for the 2024 Chevrolet Suburban Inventory is moving slowly, so buyers typically have more room to negotiate on a 2024 Chevrolet Suburban.

How much can you negotiate on a 2024 Chevrolet Suburban?

Negotiating leverage rates 82/100 (strong). ~74 days of national supply — strong leverage to negotiate.

What does the dealer pay for a 2024 Chevrolet Suburban?

The estimated dealer cost (invoice) is roughly $62,284$64,992 — its $67,700 MSRP minus a typical 48% margin. An estimate; actual invoice varies.

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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.