Hummer Sales Pick Up in One Arena
Upon reading the news that Hummer certified pre-owned vehicles increased 109% from April ’07 (80 sales) to April ’08 (167 sales), my first thought was: "A fool and his money are soon parted." Who buys a Hummer with fuel prices hovering near $4 a barrel? After all people are staying away in droves from new Hummers, which declined from 4,375 sales in April 2007 to 2,380 in April 2008.
With a little further reflection, the move makes sense for those people who absolutely want to have a Hummer: maybe as a vehicle for a 2nd home or some off-road fun. A new H3 with automatic transmission and navigation system, even in this day of deflated SUV prices, is still going to cost north of $30,000. The value on a similarly equipped 2006 H3 is $22,300.
Does this appeal to me? No, but it seems like the right time to buy a Hummer if it’s something you’ve always wanted. I’d recommend reading more about incentives and other offers at Hummer’s certified pre-owned website. Look under pricing and offers.
2006 Hummer H3 Photo © Hummer
Comments
It’s hard for me to believe, but in this $4.00 per gallon gas age we are currently living in, people still feel the need to get these huge trucks…at least some of them are buying used and being smarter about it financially.
My boss however just bought a brand new ‘08 Chevy Suburban(9 passenger vehicle)…and he’s a single guy! So apparently there are those people out there who just laugh at the high gas prices and love to watch the environment go down hill while they’re at it. Hey, maybe sales might go even higher on some of these if they included a feature that lets you see how much you are destroying the environment and funding foreign countries.