Eating Healthy for Life

The Hummer was released to the end user market by GM and it quickly acquired recognition due, partly, to being an extreme vehicle that would handle almost any type of terrain. Admittedly the Hummer H2 and H3 was no where near as great as the initial Hummer when going off road but these models still found a market as they where large, deluxe and cheaper than the Hummer 1. They where also modified into things like limousines, another thing that further established them as something distinctive in the minds of movie stars and the average Joe alike. Then Hummer presented the Hummer HX concept that took it all to an entirely new level. The fresh new sleek futuristic styling made a lot of people including myself want a Hummer hx. We all anxiously waited to see the car go into production

Then came the credit crunch that hit American automobile manufacturers hard and not any perhaps harder than GM. In an effort to reduce the large losses the organization were suffering from it was decided to reduce the model line and sell or close down certain brands. Hummer was one of those brands. GM initially found a Chinese buyer for the hummer brand name but the deal was not approved by the government and GM decided to close down Hummer development in the absence of a buyer. With that decision they essentially killed the probability of us seeing the Hummer HX on the road unless someone resumes production and dust of the designs at a later date. This also meant that it is no longer achievable to buy a new hummer as none are being produced. Well not for civilian use anyway. It is still feasible to get military surplus Hummers.

Typically the hummer has never been known as an inexpensive car. They were expensive to buy and were true gas guzzlers. Add to this that the second hand value wasn't great and it is easy to see how hummers didn't make good investments. However now when the production has been shut down all that could change. Iconic cars tend to see an increased second hand value when manufacturing ended and the Hummer is an Iconic car. We might not have seen much of an effect on the second hand price of hummers due to this so far but we are likely to see it in a few years and the second hand value of a hummer is in other words likely to start going up in a few years. Purchasing an used Hummer today might therefore turn out to be a good investment. Granted they are still gas guzzlers and with the high gas prices they might still be poor investments if you intend to use them while waiting for the second hand price to start going up, but at the very least you can get some of the money you spent on gas back when you sell it and in the meantime you can enjoy the satisfaction of driving a truly iconic car.

It is however important to remember, as with all investments, there are no assured bets and there is no guarantee that the second hand price will go up. It just seems probably due to reasons described above. It is however possible that the environmental movement and hybrid cars will make large cars less attractive to everyone. Something that could force the second hand prices down.

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