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In 2012, the Chevy Suburban came with either a A5.3L Vortec V8 engine as standard or the option for a larger A6.0L Vortec V8 engine. Both engine models require synthetic 5W-30 motor oil. The standard engine holds 6 US quarts of oil, while the larger model requires 7 US quarts, including the filter. If you opt to change the oil yourself, you can expect to spend between $30 and $45 on fluids. Taking your vehicle to a shop for an oil change will likely cost you between $110 and $140.
The best choice is to stick with 5w-30 Dexos only.
The best engine oil for the 2012 Chevy Suburban 1500 is a 5W-30 type that meets dexos1 standards. You can also opt for a 0W-30 type.