Here’s Why The GMC Hummer EV Sells For $225,000 At Auction double the list price | Catch My Job


The GMC Hummer EV is one of the best selling cars right now.

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GMC has delivered just 783 full-size trucks out of 1,000 horsepower as production increases. And high-priced pickup trucks are still in high demand.

The fifth off-line was sold Oct. 22 at the Barrett-Jackson event. in Houston for $225,000.

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Hummer Barrett-Jackson

The GMC Hummer EV with 80 miles on the odometer sells for $225,000 at auction. (Barrett-Jackson)

That’s twice the original base price of $112,595.

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The car has a mileage of only 80 miles, so it’s a new car. And the price shows an increase from last week.

Hummer EV

The GMC Hummer EV has a 1,000 horsepower drivetrain. (Neiman Marcus/Fox News)

while some were sold for more than $200,000 this year. Many were auctioned on Bring A Trailer’s website in the $167,000 to $181,000 range in September and October. However, the Peak Hummer EV may have passed.

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One car with 48 miles was sold at Barrett-Jackson’s Las Vegas event. in July for $324,500.

GMC Hummer EV production

GMC only delivers 783 Hummer until September. (Photographer: Emily Elconin/Bloomberg via Getty Images/Getty Images)

Hummer EV supplies are set to get worse before they get better. GM is suspending production at its Michigan plant. The facility will be built for a few weeks from November onwards. to reconfigure to increase productivity

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Not only the Hummer EV, but the Chevrolet Silverado EV will join next year with prices starting at $41,595 and the GMC Sierra EV Denali starting in 2024 at $107,000, with an entry-level Sierra EV. The next one is close to $50,000 in 2025.


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