Thread: Really cheap 08
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Old 07-15-2008, 03:28 PM
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Default Re: Really cheap 08

I went by my Hummer dealer last Wednesday and the best they can offer is $11,500 off sticker and he showed me the invoice. That leaves very little profit to the dealership. I doubt any of them are selling them at a loss, so the big $s off must be on Demos. If they terminate the H2 the prices will go up real fast, however, as with other terminated cars, as the availability and expense of parts goes up, the prices go down until they reach classic status in 20 years.
Prime example is the Isuzu Vehicross that went up 1000s after they stopped making the limited production vehicle, now they sell for a song because you can't get parts (my neighbor has one) and as more and more disappear they will start going up in value, but not like a Hummer because they were not as desireable. Jackson, of Barret Jackson always said invest in the car you wanted when you were 16 to 19 and those will definitley be classics and increase in value eventually.
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