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A Used Hummer EV Was Just Auctioned for $324,500—Nearly 3 Times Its Retail Price

A Used Hummer EV Was Just Auctioned for $324,500—Nearly 3 Times Its Retail Price

If you’ve been hoping you might snag a Hummer EV for a bargain on the secondary market, think again. 

At the Barrett-Jackson’s Las Vegas Auction held over the Fourth of July weekend, a previously owned GMC Hummer EV hammered down for a whopping $324,500, according to Business Insider. That’s close to three times its suggested retail value, which was originally intended to be listed at $110,000. The Edition 1 Hummer EV had only 48 miles on its odometer and is now considered the highest-priced used Hummer EV ever auctioned.

This is not the first time used Hummer EVs have lapped their sticker prices. Just a few months prior, bids for two other used, low-mileage Edition 1 Hummers reached $275,000 and $260,420. The hotly anticipated model was first released in December 2021 and is currently sold out until next year with more than 77,000 reservations. Of those, GM has only been able to deliver 372.

Sales of EVs has reached record levels this year. However, supply chain issues are causing manufacturers major delays. GM is just one of many automakers unable to stop lithium-ion battery shortages from significantly slowing down their production rate. This is all due to a scarcity of graphite, a critical, natural material needed to build batteries.  

Edition 1 Hummer EV in production 

Getty

GM told the Wall Street Journal that their facility is only able to make about 12 cars a day, but that they are implementing several strategies to hopefully speed up the process. They also are raising the price of their electric Hummer, citing “higher prices for parts, technology and logistics.” Ford, which has a 200,000-person waitlist for its all-electric F-150 Lightning, has faced similar hardship and had to cap reservations until its manufacturing capacity can match the demand.  
Having a backlog of orders is not uncommon for manufacturers in the Covid era. How long that will be true for the auto industry is an open question.

A Lego Fan Made a Hummer EV Edition 1 Model That Drives, Lifts and ‘Crab Walks’ Just Like the Real Thing

A Lego Fan Made a Hummer EV Edition 1 Model That Drives, Lifts and ‘Crab Walks’ Just Like the Real Thing

Realistic Lego recreations of some of the world’s most desirable cars are nothing new. What we haven’t seen nearly as much of, though, are fan-made miniatures that can duplicate those vehicle’s core features.

Enter Lego enthusiast Technic-AI’s GMC Hummer EV. The 2,200-piece model, which you can see on the toymaker’s Ideas website (via Inside EVs), is a fully functional version of the battery-powered truck. Not only can the pint-sized vehicle drive, but it can also replicate the electric bruiser’s exciting “Crab Walk” feature.

The first thing you’ll notice about Technic-AI’s Lego Hummer, though, is how much it looks like the real deal. The builder used a wide assortment of the company’s expert-level Technic bricks and pieces to faithfully capture the electric supertruck’s shape and personality. And as good as the model looks, it’s even more impressive when you see it in motion.

Technic-AI’s GMC Hummer EV Lego set 

technic-AI/Lego Ideas

As part of the model listing, Technic-AI included a video of the Lego truck being driven around via remote control. In the clip, you can see the vehicle being driven back and forth and even having its suspension raised so it can drive over obstacles. Most impressive, though, is that because it’s powered by four motors, one on each wheel, the Lego model can “Crab Walk” like the real Hummer. The feature allows each wheel to be steered in the same direction at once, making it much more maneuverable than you would expect.
“At the minute I first saw the new Hummer EV video presentation, I immediately knew that it was to be my next Technic project,” Technic-AI wrote on the model’s Lego Ideas page. “Not only is it all-electric and loaded with technologies, but it has the power of any heavy-duty pick-up truck, excellent off-road capabilities, performance of a supercar and all this can be powered with clean renewable energy.”
Technic-AI’s Lego set is currently a one-of-one creation, but that could change. If the model accumulates 10,000 supporters through the Lego Ideas site between now and November of 2022, the toymaker will consider turning it into a real kit. If it does eventually go into production, expect it to go for a lot lower than the Hummer EV Edition 1’s $112,595 sticker price.

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