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Buyer Tips
Hummer Ownership Costs
When looking for a good value for your money on a used Hummer, you will need to research what makes the total cost of ownership for that vehicle a good deal in the long run. And understand that there are other costs involved in owning a pre-owned car
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When looking for a good value for your money on a used Hummer, you will need to research what makes the total cost of ownership for that vehicle a good deal in the long run. And understand that there are other costs involved in owning a pre-owned car other than the retail price or private party value. These Hummer ownership costs include financing fees, state registration fees, auto insurance, vehicle depreciation, and operating costs that include gasoline, maintenance and repairs.
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Manufacturer Info
Other Makes
Hummer H1
Hummer H2
Hummer H3
Hummer is a division of the General Motors Corporation and was first established in 1995. Hummer relies on the slogan, "Like nothing else" and indeed these vehicles are utterly unique: the Hummer is actually a vehicle that has its design derived from the Humvee, also known as the High Mobility Multipurpose Wheeled Vehicle. At one time the Hummer was created by AM General Corporation and the first Hummers were introduced in Europe. In the early 90's the SUV was later marketed as a Hummer and General Motors purchased the brand rights in 1998. The Hummer lineup first started with the H lineup and began with the H1; a vehicle that's purpose was for off road driving. Later the H2 and H3 soon followed. The H3 offers amazing off-road capabilities as well as on road driving and smooth handling; the latter vehicle is considered an midsized vehicle, one that offers 20 miles per gallon in terms of fuel efficiency.
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FEATURED Hummer OWNERSHIP COSTS
2007 HUMMER H2
5 Year Depreciation:
$24,155.00
5 Year Repairs:
$640.00
Value Rating:
2004 HUMMER H2
5 Year Depreciation:
$25,036.00
5 Year Repairs:
$2,080.00
Value Rating:
2005 HUMMER H2
5 Year Depreciation:
$25,073.00
5 Year Repairs:
$1,224.00
Value Rating:
2003 HUMMER H1
5 Year Depreciation:
$55,489.00
5 Year Repairs:
N/A
Value Rating:
2003 HUMMER H2
5 Year Depreciation:
$24,646.00
5 Year Repairs:
N/A
Value Rating:
2006 HUMMER H2
5 Year Depreciation:
$24,507.00
5 Year Repairs:
$920.00
Value Rating:
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