GM hikes sticker prices for 2015 Chevrolet Tahoe

Article by Christian A., on December 18, 2013

General Motors will increase the sticker prices of the next-generation Chevrolet Suburban and Tahoe by $1,000 to $3,000 when they become available in the spring. This means that the 2015 Tahoe will have a starting price of $45,595 (+$1,000), including the destination fee, according to order guides sent to dealers.

The four-wheel-drive Tahoe with LT trim carries a sticker price of $53,995, up $2,510. The 4wd 2015 Tahoe LTZ model has a base price of $62,995, $2,640 higher than the 2014 model. On the other hand, the starting price on the 2015 Suburban will be $48,295(+$1,000). The starting price for the 4wd LT jumps will be $56,995 (+$3,440) while the LTZ model with 4wd will cost $65,595 before options (+$3,300). All prices include destination fees.

A GM spokeswoman has confirmed that they have sent order guides to dealers, but said the carmaker wasn’t ready to disclose pricing. She remarked that the large SUVs will arrive in showrooms in the first quarter of 2014. They will be powered by a new 5.3-liter V-8 engine that provides up to 353 hp of output and 383 pounds-feet of torque, up from 320 hp and 335 lbs/ft from the outgoing 5.3-liter V-8.

The 2015 models also represent the first major redesign for the brand’s big SUVs in eight years. Despite that, GM has been able to command strong prices for the big SUVs. Kelly Blue Book estimated the Suburban’s average transaction price in mid-2013 at around $54,000. GM executives expect the improvements to the 2015 models to help the carmaker defend its position in the market for big body-on-frame SUVs.

GM controls 44 percent of the large SUV segment after selling 390,233 units in the first 11 months of 2013, according to the Automotive News Data Center. GM estimates its share at around 74 percent, with the difference coming from the data center’s inclusion of the Jeep Grand Cherokee in the segment. GM posted a 24-percent rise in sales in the first 11 months of the year to 74,856 units. The carmaker logged an 8-percent rise in the period to 45,440.

Topics: gm, chevrolet, suv, price

If you liked the article, share on:

Comments

Recommended

As it turned out, we’ll be seeing Toyota’s new super supermini at the 2017 Geneva Motor Show in March. It’s time we all get to meet the new Toyota Yaris...
by - February 23, 2017
Opel revealed it has sweetened the pot for 2017 Insignia Grand Sport customers with the Opel Exclusive program. Through this program, the brand hopes to introduce a wide selection of...
by - February 22, 2017
Fireball Performance Cars has been known to make the fastest sixth generation LT1 Camaros in the world. Once again it has managed to walk the talk as it hit a...
by - February 22, 2017
The North American unit of German premium carmaker BMW is recalling around 19,000 units of its BMW i3 electric vehicle because of the risk of fuel leak. You may ask,...
by - February 22, 2017
A publication by the U.S. Patent and Trademark Office revealed that Honda is still looking into the Project 2&4 Concept. Officially unveiled during the 2015 Frankfurt Motor Show, the Project...
by - February 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries