In a world where new truck prices are as high as small mortgages, it’s hard to believe that a 1997 GMC Suburban 1500 is selling for $20,000. But that’s the reality we live in today. Let’s dive into the details. The eighth-generation Suburban, part of the GMT400 architecture, was a dinosaur trying to keep up with the times before GM split the Chevy/GMC Suburban into two different models. The GMT400 Suburban proudly displayed its blood relation to the old gen-III, Rounded-Line C/K Suburbans with its square body and straight lines that would make Spongebob jealous. However, it did introduce some modern features, such as non-proprietary OBD diagnostic software, front drivers-side airbags, and the OnStar communications suite.
Under the hood, the engine lineup was less diverse compared to previous iterations. The 1997 model offered a choice between a 350-cubic inch (5.7 L) small-block L31 V8 with fuel injection, a 454-cubic inch (7.4 L) sixth-generation L29 big block V8, or a 6.5-liter GM-Detroit Diesel V8. This particular ’97 Suburban for sale in Bloomfield, New Mexico, comes with the fuel-injected 5.7-liter motor and has an impressive 301,912 miles on the odometer.
Despite its high mileage, the white exterior and plush burgundy cloth interior of this Suburban have aged remarkably well. The interior plastics may not be in the best condition, but they weren’t great even when the vehicle was brand new. However, the Suburban does come with practically new tires and an unused optional rear towing package, which is a testament to its well-worn yet preserved state. The seller is upfront about the $3,100 estimate for transmission repair and has offered to either cover the cost or reduce the price by the same amount, showing their honesty and transparency.
Now, the big question is whether a 25-year-old GM vehicle with transmission issues and high mileage is worth $20,000. Or perhaps there are countless other vehicles available for the same price that offer better value. Share your thoughts in the comments.
