Want a Great Deal on a Hummer?

April 7, 2010

Hummer deals If you have ever wanted a GM Hummer, now is the time to buy.

Why?

Two reasons.

First, General Motors has announced that it is officially terminating the Hummer brand, and that it has only 2200 of them left.

Second, General Motors has put extremely attractive incentives on all remaining Hummers to help them sell. The deals would have been thought unbelievable a couple of years ago.

For example, customers can get $6000 rebate on 2009 models of the Hummer H2 and H3.

If you like the H3T truck, you can get a $5000 rebate on the 2009 model and $4000 on the 2010 model.

You can alternatively get 0% APR loan deals on all models for up to 72 months. Of course, you have to choose the rebate or the 0% loan, but not both.

So what is the downside of these incredible deals?

First, your choices will be slim. You have to choose from the styles, colors, and equipment that dealers currently have in stock. Therefore you’ll have to be a little flexible if you want one of the good deals.

Second, resale and trade values on Hummers won’t be good anytime in the near future. If you plan to take advantage of one of the great deals, you should also plan to drive the vehicle for many years, or possibly lose money on a future sale or trade. If you take a long-term view, Hummers could easily become valuable collectibles in 25 years or more.