The First Hummer EV Hammers for $2.5 Million

The first serialized production of the upcoming Hummer EV sold at Barrett-Jackson for a staggering $2.5 million. Crossing the block at Barrett-Jackson’s high-profile Scottsdale, Arizona, sale, the first example of the revived Hummer marque was sold with all the proceeds going to the Tunnel to Towers Foundation.

For those out of the loop, the Hummer brand has been jolted back to life as an electric vehicle, flipping the script on the original Hummer’s comically poor fuel economy. This new Hummer uses three electric motors to generate 1,000 hp and 11,500 lb-ft of wheel torque. The combination is solid enough to launch this large SUV to 60 mph in roughly three seconds, according to GM. That’s quick by any measure, but blisteringly quick from an SUV the size of the Hummer EV.

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The excitement surrounding the new Hummer EV, and the fact that the proceeds were heading to charity, drove the high hammer price. The Barrett-Jackson auction waived its normal feels, which means the hammer price was the actual sale price.

If you’re not the fortunate bidder to have won the auction for the first new Hummer, the folks at GMC are taking reservations. With First Edition models all accounted for, reserving one today will likely mean it’ll be fall before you see your Hummer EV—fall of 2022. Maybe that makes the $2.5 million hammer price make more sense.

Would you pay $2.5 million to snag the first VIN of a new car? Let us know in the comments below.

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