Should I buy a '15 LTZ?

[Tugglespa]

Hey, I'm 19 and I've been wanting a Suburban since I was 10 years old. Doesn't help my parents have always had one. I have a good job making $6K a month at the port, and an extra $2K with my detailing business.

I've found one that's fully loaded for $38,999 with 64K miles and another with $42K with 55K miles And the color I want and the wheels I want.

My mom said she'd cosign with me so I would get a good rate and I'll also be on her insurance still.

Should I do it? Most tell me no.. But this car means a lot to me and its been my dream forever.

 

[CMil527]

You only live once find your best deal and do it!!

 

[Tugglespa]

You only live once find your best deal and do it!!

Exactly what I've been thinking, I've been told you have your whole life but you never know what can happen.

 

[sam123]

Make sure you test drive them thoroughly before buying to make sure they don't have vibration/buffeting issues

 

[LI Tahoe]

financially NO, HELL NO, but hey you're only 19 once

 

[Tahoe14]

Pay a little extra for the second one that is exactly the way you want it or you will be kicking yourself later on.

 

[Miami-Dade]

Make sure you test drive them thoroughly before buying to make sure they don't have vibration/buffeting issues

Pay a little extra for the second one that is exactly the way you want it or you will be kicking yourself later on.

I agree with all this..For 19 you are doing really awesome!!!!

Welcome from Miami Beach Patrick!!

 

[Vector]

Hey, I'm 19 and I've been wanting a Suburban since I was 10 years old. Doesn't help my parents have always had one. I have a good job making $6K a month at the port, and an extra $2K with my detailing business.

I've found one that's fully loaded for $38,999 with 64K miles and another with $42K with 55K miles And the color I want and the wheels I want.

My mom said she'd cosign with me so I would get a good rate and I'll also be on her insurance still.

Should I do it? Most tell me no.. But this car means a lot to me and its been my dream forever.

View attachment 191471 View attachment 191472

Hi Patrick and welcome to the forum and future Suburban ownership.

The following is coming from a multiple Suburban owner over the years and who also likes the latest generation. However, based on my pricing knowledge (having just been in the market for one until I picked up a 2015 Escalade ESV), those prices are high for the miles.
One of the most important things younger men like yourself must be willing to do, is delayed gratification. It is hard because when you want something, you sometimes do not want to wait for the best deal and buy at the wrong price point.
I've seen many a LTZ being sold privately with less miles and going for lower pricing.

Actually let me take a step back for a minute. Though I like the styling of the Suburban, I wonder if you have in the high 30's low 40's as your budget, have you considered a 2015 Yukon Denali XL or even a Escalade ESV?
I ask for several reasons, as they are all very similar, other than cosmetics. Also because I went from looking to buy a Suburban to only considering a Denali XL or Escalade ESV because they offer features the fully loaded 15 LTZ did not. That being the 6.2 420hp engine, 8 speed transmission and magnetic ride control suspension. Those features (other than a rare LTZ with the mag ride option) were more important to me than the cosmetic preference of the Suburban. I go on long trips and do a decent amount of towing, thus my desire for those features. I am not an Escalade type of guy (i.e. bling/prestige), but now I am in a 2015 ESV and only paid $42k for a one owner ESV in great shape. So just keep that in mind since you are within reach price wise of a 2015 Denali XL/Escalade ESV.

Getting back to the Sub pricing, if you are patient, you could score one at thousands less, and use the savings to customize it with rims and the like. Also keep in mind that many a 2015 are coming off lease, so there will be plenty of low mileage one owner choices, thus prices will come down.

Good luck and let us help you with any questions you may have.

`

 

[Blanch44]

I would find one with lower than 30,000 miles if I was you . There's Red LTZ at a dealer in my town . Less than15,000 miles for $39,000

 

[sickk23]

I had a 2010 Z71 Tahoe when I was 18. A suburban seems a little odd for someone so young. I’m 25 with my Premier burb and I still feel pretty weird. Why not an SRT Jeep or something more fun?

The ones you’ve found seem slightly high priced for the mileage. I also wouldn’t really want a 2015... at all. Between poor throttle response, virbration/buffeting issues and stiff suspensions on the MRC, no thanks. Choose a different vehicle altogether or get a newer one. If you’re really making $8k/mo, you’re able to get something more expensive.

If I were pulling that money at that age, RRS all of the way for me haha $8k/mo and probably no obligations... gah I miss the old days. (A mere 6 years ago lmao)

I say short Denali, 2016 at least.

 

[JayceeP]

Don’t do it. Take the money you were going to blow on the Burb and save it up. In 2 years, let’s say you saved an extra $10-$15k, see if you feel like parting with actual cash on a vehicle then. Or, will you be thinking about a house? Or, will you be thinking about schooling, or kids or wedding etc. I know I am being a party pooper, but within the first year of graduating from university I went out and bought a 4dr Jeep Unltd Sahara. Awesome vehicle but I wish my parents talked me out of it. My payments were $500 a month and after 3 years I was lucky to be able to walk away from it without being upside down when I traded on my 4Runner but I always thought about what else I could have been doing with an extra $200 or $300/month if I bought a more reasonable vehicle with a lower monthly payment.

Anyway, I make a lot more money now and I would have to think about whether I would want to drop that kind of cash on a vehicle again. Payments suck because they reduce cash flow, and cashing in investments suck too because the balance sheet drops. I like my net worth going up every month so it’s a tough one for me personally.

You do only live once but I would get some assets built up first so at least you have something!

 

[Miami-Dade]

I also wouldn’t really want a 2015... at all. Between poor throttle response, virbration/buffeting issues and stiff suspensions on the MRC, no thanks. Choose a different vehicle altogether or get a newer one. If you’re really making $8k/mo, you’re able to get something more expensive.

If I were pulling that money at that age, RRS all of the way for me haha $8k/mo and probably no obligations... gah I miss the old days. (A mere 6 years ago lmao)

I say short Denali, 2016 at least.

Chad is right on the 2015..The first year had issues..Even though some 2015's were okay the bulk of people had complaints..I would look for a 2015 and a half [2015i] or a 2016..Even if the 2016 has slightly higher mileage..A good dealer will find exactly what you want [generally in less then 2 weeks] if they do not have it in stock..I would also get the extended bumper to bumper warranty to play it safe plus ALL service records.

 

[Tugglespa]

I want a Yukon XL because of the 6.2. But I love the mahogany interior of the suburban.

 

[Tugglespa]

I want a Yukon XL because of the 6.2. But I love the mahogany interior of the suburban.

 

[Tugglespa]

I would find one with lower than 30,000 miles if I was you . There's Red LTZ at a dealer in my town . Less than15,000 miles for $39,000

What dealer?

 

[Tugglespa]

I had a 2010 Z71 Tahoe when I was 18. A suburban seems a little odd for someone so young. I’m 25 with my Premier burb and I still feel pretty weird. Why not an SRT Jeep or something more fun?

The ones you’ve found seem slightly high priced for the mileage. I also wouldn’t really want a 2015... at all. Between poor throttle response, virbration/buffeting issues and stiff suspensions on the MRC, no thanks. Choose a different vehicle altogether or get a newer one. If you’re really making $8k/mo, you’re able to get something more expensive.

If I were pulling that money at that age, RRS all of the way for me haha $8k/mo and probably no obligations... gah I miss the old days. (A mere 6 years ago lmao)

I say short Denali, 2016 at least.

I didn't want to dump a lot in to the car. I've driven a 2015 and maybe it was a rare good one. My mom has a green suburban LTZ 2016 and it drives good. I don't really find any other car attractive to be perfectly honest. This is my favorite car ever

 

[Miami-Dade]

I don't really find any other car attractive to be perfectly honest. This is my favorite car ever

I do not find any other vehicles attractive either..The Suburban,Tahoe and Denali are definitely the best looking vehicles on the road..In the past 12 months at least 6 people told me the Tahoe&Suburban are their dream vehicles.

 

[adventurenali92]

Damn dude you’re killin it! I detail full time professionally in the summer and am pretty successful, but to have a full time job paying that much a month is awesome!

 

[Omag321]

You only live once...I agree with that. However, I have to agree with a few others here. I am 34, just bought my first big car in a while. I made good money at a younger age and owned all the fun fast cars. I had a BMW 335, G37 Infiniti, another 2 door G37, you name it I probably owned it. However, after getting rid of everything to buy a house...I had nothing fun left. I wasted all that money modifying them and enjoying them...that I look back and could have well over $50k extra CASH to put into a house. Recently sold my first house for a very good return and bought a 15 LTZ. Didn't want to spend too much but wanted the room and safety for the wife and kids. Priorities change and I get it, you want something now. But I suggest maybe waiting for a little bit to see where you end up in a few years. Enjoy yourself, but squirrel every dollar away and even play the market if you need some excitement.

That said, I would have never listened to my own advice 15 years ago. Lol. And if you have to splurge, get the Yukon Denali and save the XL for when you have kids. Either way, keep us posted and best of luck!!

 

[Tugglespa]

You only live once...I agree with that. However, I have to agree with a few others here. I am 34, just bought my first big car in a while. I made good money at a younger age and owned all the fun fast cars. I had a BMW 335, G37 Infiniti, another 2 door G37, you name it I probably owned it. However, after getting rid of everything to buy a house...I had nothing fun left. I wasted all that money modifying them and enjoying them...that I look back and could have well over $50k extra CASH to put into a house. Recently sold my first house for a very good return and bought a 15 LTZ. Didn't want to spend too much but wanted the room and safety for the wife and kids. Priorities change and I get it, you want something now. But I suggest maybe waiting for a little bit to see where you end up in a few years. Enjoy yourself, but squirrel every dollar away and even play the market if you need some excitement.

That said, I would have never listened to my own advice 15 years ago. Lol. And if you have to splurge, get the Yukon Denali and save the XL for when you have kids. Either way, keep us posted and best of luck!!

Luckily. My parents have given me land and a little house. For when I do move out. That's why Im pushing towards the suburban. But it seems I can't find any with good mileage with the features I want.