GM has only delivered 372 of its 77,000 sold-out orders, which may explain why used models are selling so far above their sticker price.
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 reachedThe 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,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.
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