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Hummer Prices

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Published: September 20, 2006

The Hummer, unlike its counterparts was first designed as a vehicle for the United States Army. The call went out to the American car manufacturers to design a virtually indestructible vehicle capable of withstanding the rigors of Army life. In 1979 AM General joined the race, designing the M998 Series High Mobility Multi-Purpose Wheeled Vehicle (HMMWV, pronounced and popularly spelled Humvee). This 1.50-ton truck prototype was a true original. While the competitors Teledyne and Chrysler Defense (later sold to General Dynamics) created adaptations of former vehicles created their product entirely from scratch.

This infant Humvee proved to be superior in its performance to the competing vehicles. According to the Website for AM General (AMGeneral.com) in 1981 the U.S. Army awarded AM General with a prototype contract. By January 5, 1985 the Army had its first standard military Humvee. This vehicle would become a very prominent and necessary tool for the Army, which awarded AM General with exclusive contracts through 2007. Since their inception in 1979 over 175,000 of these trucks have been produced and distributed throughout the world for usage by both the U.S. Army, as well as the militaries of friendly countries.

In 1992 the Humvee was adapted as a civilian vehicle. The same standards that had gone into building a high performance machine for the U.S. Army applied directly to what would be known to the general public as the Hummer. This rugged vehicle with its amazing performance and long life garnered the motto, the world's most serious 4x4 as it took to the streets of America. Since then the original Hummer has been renamed the H1, and the two newcomers to the line, the H2 and H3. With these three, AM General joined the family of standard utility vehicles in the civilian market of America.

The Hummer may have gained popularity as an Army vehicle, but as a commercial vehicle it has had a slow rise to fame. The H1 received grumbling reviews from several reputed automobile sources such as Car and Driver, and Consumer Digest that essentially stated that it was not an SUV for the average city dwelling American. Its bulk made it cumbersome in bustling cities and its inefficient usage of fuel made it quite costly to own. It also was not listed originally at a price that most were willing to spend. In Kelley Blue Book's online publications these were the values found for each of the three Hummer's currently available on the market:

Hummer Model Price New Price Used
H1 (2006 model) $126,811-$137,980 (2004 model) $67,270-$72,370
H2 (2006 model) $51,105-$51,157 (2006 model) $48,765-$49,565
H3 (2006 model) $28,001 Not currently available.

The response of AM General was to upgrade each model to better fit the American lifestyle, as well as the average American's budget. The H3 is notable for having the same rugged exterior as the original H1, but being far more appealing to consumers living in the cities and suburbs.

As all SUV's on the American market do today, the Hummer also has a few flaws in its inherent design; however these flaws are minor at best. Moreover, the manufacturers have a history of building reliable machines and are obviously dedicated to meeting the needs of their civilian as well as military consumers. The prices can be hefty, especially for the earlier models, however further research on Kelley Blue Book indicates that these prices are also quite comparable to others in the same class. Given the durability, as well as the general aesthetic value of the Hummer, it is well worth its price tag, whether it is new or used. The Hummer is a solid, resilient American created and produced vehicle. It is iconic, unique, a serious 4x4 , and certainly bound to become one of the finest SUV's on America's roads in the years to come.


Sources
AM General. 2006. AM General LLC. 16 September 2006.
< http://www.amgeneral.com >

Kelley Blue Book- New Car Pricing, Used Car Values. 1995-2006. Kelley Blue Book Co. Inc. 16 September 2006. < http://kbb.com >

Consumer Reports. 2002-2006. Consumers Union of US. 16 September 2006. < http://ConsumerReports.org >

Car and Driver Magazine. 2006. Hachette Filipacchi Media U.S. Inc. 16 September 2006.
< http://www.caranddriver.com >