PRIVATE For Sale / Trade Classifieds Sell/Trade your stuff for free! NO COMMERCIAL POSTS!

What happens to prices if Hummer goes bye bye.

Thread Tools
 
Search this Thread
 
  #1  
Old 03-07-2009 | 05:52 PM
GAME's Avatar
Thread Starter
|
Junior Member
Joined: Nov 2008
Posts: 17
Question What happens to prices if Hummer goes bye bye.

Will they drop drastically or what?
 
  #2  
Old 03-07-2009 | 06:21 PM
iPhone's Avatar
Senior Member
Joined: Jul 2008
Posts: 177
From:
Default

Or will they increase because Hummer vehicles will be "rare"?
 
  #3  
Old 03-07-2009 | 09:40 PM
OUTLAW's Avatar
Senior Member
Joined: Oct 2005
Posts: 151
From: Jersey
Default

Was wondering myself if my H3 value will plummet or eventually raise.
 
  #4  
Old 03-10-2009 | 10:11 AM
Hummer Guy's Avatar
Senior Member
Joined: Feb 2007
Posts: 921
From: Home of the Hummer
Default

The two will probably offset...but there are plenty of people out there who have always wanted one, and maybe were waiting until a 2010 model...This may push them to make a move now. On the other side, there are people who will doubt the viability of the warranty (a false assumption) and decide not to purchase for fear of future service.

Lately, the auction values have been going UP on HUMMERs and some other SUVs...so dealers are paying $2-3k over what they just a few months ago -- a very, very rare occurance for any make, especially in the SUV segment.
 
  #5  
Old 03-10-2009 | 09:15 PM
marksteven's Avatar
Senior Member
Joined: Dec 2008
Posts: 332
From: miserableconsin
Default

I have to tell you, they are selling rather well in my area. as soon as lease turn ins arrive, they are sold fairly quickly.
 
  #6  
Old 03-11-2009 | 12:03 AM
simian's Avatar
Senior Member
Joined: May 2006
Posts: 112
From:
Default

They could go up or they could go down... I will never sell my H3
 
  #7  
Old 03-26-2009 | 02:37 AM
Carcrazy's Avatar
Banned
Joined: Mar 2009
Posts: 79
Default

its sad to say that if you have experience a goodbye with your hammer don't try to make a hard time on it, instead try to make it good so that it is acceptable to purchasers.
 
  #8  
Old 03-30-2009 | 07:32 PM
YellowFin's Avatar
Senior Member
Joined: Mar 2009
Posts: 380
From: Mechanicsville, VA
Default

Good questions. If gas prices skyrocket again, then Hummer prices will plunge. Otherwise they will hold their own.
 
  #9  
Old 04-01-2009 | 01:41 AM
Gleamor's Avatar
Senior Member
Joined: Feb 2009
Posts: 148
From: Santa Fe, NM
Default

H2's in my area are selling for 4 to 8 thousand over Kelly Blue Book and NADA...

H1's are about 10 to 15 thousand over book...

H3's are selling for 3 to 7 thousand less than book values...

So who knows, it may be regional which tends to be the case for many SUV's
 
  #10  
Old 04-01-2009 | 05:54 PM
schmegeggie's Avatar
Member
Joined: Jan 2009
Posts: 82
Default

Demand in my area is rather high, dealers can't keep them on the lots. I think even if Hummer gets sold, they'll be around, warranted, and in higher demand.
That is, of course, if the gov't stays out of it. The market demands trucks and SUV's. that what sells.
 



All times are GMT -5. The time now is 07:28 AM.