To estimate the price of the 2023 Chevrolet Suburban V8 5.3L LS 2WD, I first considered the selling price of a similar 2021 Chevrolet Suburban LT V8 5.3L, which sold for SAR 189,000 on 2024-11-02. This car is two years older and a mid-trim (LT) compared to the base trim (LS) of the car in question. The new car price for the 2025 LS 2WD is SAR 224,740, while the LT 2WD is SAR 245,730, indicating a price difference of SAR 20,990 between the LS and LT trims. Assuming a similar difference for the 2023 model, the 2023 LS would be approximately SAR 20,990 less than the 2023 LT. Applying a 15% annual depreciation to the 2025 LS price, the estimated 2023 LS price would be around SAR 162,000. Considering the 2021 LT sold for SAR 189,000, the 2023 LS should be priced higher due to being newer and having lower mileage. Therefore, I estimate the market price of the 2023 LS to be slightly higher than the depreciated value, taking into account the trim and age differences.