GMC Hummer EV SUV 2

AFTER INCENTIVES

$99,495

MSRP

$99,995

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ESTIMATED INCENTIVES

$500

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Loan Payment

$1,745 / month

Down Payment

$10,656

10% of MSRP plus tax

ESTIMATED INCENTIVES

$500

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Lease Payment

$1,333 / month

FIRST LEASE PAYMENT

$11,989

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Incentives For Lease

$500

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Type

SUV

Minimum Seats

Fuel Type

BEV

Electric Range

300 miles

Miles Per 30 Min Of Fast Charging

~ 64 miles

Time to Charge - Level 2

~ 27 hr 30 min

Battery Size

212 kWh

CO2 Emissions Reduction

26,037 lbs/yr

Equivalent Trees Planted

542

Gasoline Saved

1,667 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the GMC Hummer EV SUV 2 to a similar gas vehicle, the RAM 1500 TRX

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$4.83

Sales Tax

6.57 %

Assumptions

Electricity Rate$0.2446/kWh

Electricity rate is based off of Energy Information Administration

Results have been updated as of 3/2/2023, 8:04:08 PM.

Cost to Fill Up Monthly

The GMC Hummer EV SUV 2 is $512 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
GMC Hummer EV SUV 2	$159	$0	$159
RAM 1500 TRX	$0	$671	$671

Cost of Ownership

The GMC Hummer EV SUV 2 is $4,322 cheaper to own over 5 Years

Description	GMC Hummer EV SUV 2	RAM 1500 TRX
Vehicle	$81,865	$54,363
Maintenance	$4,022	$6,941
Insurance	$13,177	$11,371
Electricity	$9,539	$0
Gasoline	$0	$40,250
Total	$108,603	$112,925

We selected the RAM 1500 TRX based on its proximity to the GMC Hummer EV SUV 2 based on brand, size, and price.

For more details including charts & calculations, please view this page on a desktop.

Up to $500 in tax credits and rebates are potentially available
for the GMC Hummer EV SUV 2

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment after January 1, 2023, may receive a tax credit of up to $1,000.

Tax Credit

Up to $7,500

Federal Tax Credit

You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in electric vehicle. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.

Vehicle Financing

California Clean Vehicle Assistance Program Beneficial State Foundation

Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle depending on eligibility.

Vehicle Financing

California PACE Loss Reserve Program

The PACE Loss Reserve Program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) works with partners and lenders to support PACE financing for energy or water efficiency and clean energy home improvements. Property owners in a PACE-designated area can use PACE financing for the above home improvements without a down payment and repayment included in their property tax bills. See if a PACE participant serves your county!

Discounted Electric Rate

Turlock Irrigation District DT Domestic PHEV Experimental Rate

TID is offering an experimental schedule to customers for whom Schedule DT applies. Applicants must have a currently registered PHEV or BEV and a recharging outlet on their home premises.

Vehicle Rebates

Up to $400

Turlock Irrigation District EV Charger Rebate

TID is offering customers a $300 rebate who purchase and install a qualifying Level 2 Charger. TID customers enrolled in the CARES program will receive an additional $100 per charger.

Vehicle Rebates

$500

Turlock Irrigation District EV Rebate

TID is offering customers a $500 rebate who purchase a qualifying new or used zero-emission battery electric vehicle. TID customers enrolled in the CARES program will receive an additional $700 per vehicle.