For anyone worried about the future of HUMMER!

[evldave]

Originally Posted by wannabeH3

im just dissapointed cuz i still owe 23k on my 06 :P

yeah us early buyers paying full sticker (or more!) are screwed...i owe 20k and could get...what...13k for it? maybe sell it for 15k-16k...

[yat74]

Yep, if you bought early you got screwed.

[HummerJim]

I have mixed feelings on the scr*wed part. I bought my 2006 H3 in May of 2005, like those who bought then, I paid over sticker. When you go after a vehicle that is brand new and in demand you can always figure you're going to take a BIG hit financially, HOWEVER, when they were new, they would literally stop traffic and people would come up to you at gas stations to look at the car.
I did some offroad events and being the only H3 in the event and it was TONS OF FUN. Look at those that bought Corvette ZR1s in 1993 for $85,000 that are selling for $22,000 now, or the offroad 2000 Vehicross which sold for $39,000 and three years later they were going for $12,000. When you buy the first of any high demand car, you have to look at that money as the FUN you got out of it. There are those who buy vehicles as an investment, but unless you're looking at H1s, Cobras, Hemis or pre 73 vettes you're going to depreciate. American cars always depreciate faster, but I'm one of those who drinks from the altar of horsepower and fun and I consider the money well spent. I loved every minute in my H3 and my H2 will probably depreciate more in terms of dollars, but like the H3 it has brought back the fun in driving for me. Look at Neocon - his H3 got him to move to MOAB - lucky guy~! Anyone heard from Neocon lately?