The GMC Hummer EV Pickup Edition 1 is proving to be a highly sought-after and hugely valuable vehicle. Earlier this month, we found one example listed for sale at an eye-watering $325,000 and shortly after, one of these battery-electric pickups fetched $286,000 at a Mecum collector car auction. We also reported on one hopeful Hummer EV buyer who was hit with a $50,000 markup on the vehicle he pre-ordered once he got to the dealership to do the paperwork, which would have raised the transaction price to over $177,000 post-tax.
Now, we’ve stumbled across yet another GMC Hummer EV Pickup Edition 1 with a laughable asking price. This private Autotrader.com listing for a 2022 GMC Hummer EV Pickup Edition 1 has the vehicle listed for $360,000 or best offer. The Allen, Texas-based seller very graciously says they are “willing to work with a local dealer,” if they have a buyer who has a trade-in or needs financing done, as well.
While this asking price is truly absurd, it’s hard to fault this seller for wanting to capitalize on the current market situation. Seeing as an identical Hummer EV Edition 1 already sold for nearly $300,000 at a collector car auction, it’s easy to understand why they listed this vehicle for $360,000 or best offer. It’s unlikely they’ll get the full $360k asking price, but we wouldn’t be shocked if they were able to find a buyer willing to fork over around $300,000 for it. This precedent has already been set with the Mecum auction, after all.
The GMC Hummer EV Pickup Edition 1 comes standard with an Ultium Drive tri-motor powertrain producing 1,000 horsepower, which is fed by a ~200 kWh Ultium lithium-ion battery pack. This gives the vehicle the ability to accelerate from zero to 60 mph in about three seconds, while range sits at an EPA-certified 329 miles. Pricing for this range-topping trim starts at $110,295. The vehicle is produced exclusively at the GM Factory Zero plant in suburban Detroit. GM is currently only building these fully loaded Edition 1 variants of the Hummer EV at Factory Zero and will transition to production of regular series trim levels later this year.
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Comments
I sometimes criticize $45,000 cars for offering little value for the price. I can’t imagine justifying $360,000 on a $110,000 car that will be seen as grossly overpriced in 5 years when newer EV technology supplants it.
It’s only $40 lb.
This SHOULD be an April Fool’s prank.
GM emerging from Bankruptcy should be an April Fools prank…
Let the rich kids fight over them . the irs should tax them short term Capital gains
WC FIELDS….There’s a Sucker born every day.
One will find this vehicle.
I hope they find me when mine comes in! 🙂
Insane. A publicity stunt.