We all love the idea of getting our hands on a brand new car, but the depreciation all but the most rare-groove, in-demand models suffer is a bitter pill to swallow. Take a look at this GMC Hummer EV for proof. It just sold on a well-known auction site for around $45,000 less than its MSRP despite having only been driven a few hundred miles.

A Hummer 3X, it would have cost $104,650 in base form, but this one came with some choice options. The most significant of those is the $23,355 Omega Edition package, which included Neptune Blue matte paint, transparent removable roof panels, 18-inch beadlock wheels and black emblems. Then there’s Off-Road package that added skid plates, underbody cameras, locking differentials – and a further $9,995 to the price.

Related: $36,000 Off MSRP After Just 303 Miles? This 2025 Hummer EV Buyer Pulled A Heist

The total with-options MSRP came to $140,295, yet the auction hammer price for this GMC Hummer EV SUV was only $95,500. In an earlier listing on Bring a Trailer, bids reached $95,750 but that wasn’t enough to hit the reserve and it failed to sell. A week later, with the Hummer listed again on the same site and the reserve now removed, somebody got themselves a steal of a deal.

Visually, this 830 hp (842 PS) triple-motor Hummer looks as good as new, which it ought to considering it’s covered only 404 miles (650 km). That’s about as much driving as the average American might do in two weeks and means the huge 200+ kWh battery won’t have degraded.

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Compounding the good-as-new feel is the fact that whoever won this auction will be the first owner. The SUV was never titled because it hasn’t been sold to a private party before and is being offered by the dealer with its Manufacturer Certificate of Origin.

Buying a zero-mile new car can make sense if the dealer has a great zero-percent finance deal to go with it, something not open to auction buyers. And yes, this is a 2024 model rather than a 2025, which helps explain some of the depreciation. But it’s hard to argue with a $45,000 saving on the MSRP, and at least a $25,0000 saving on a 2025 model with some (but not all) of the same options.

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New Poll: American Voters Support Federal Investments in Electric Vehicles Broad, Bipartisan Support for EV Investments and Incentives that Lower Costs, Expand Access, and Help the U.S. Beat China in the Race for Auto Manufacturing WASHINGTON, D.C. – A new bipartisan national poll conducted by Meeting Street Insights and Hart Research finds broad public support …

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There are many benefits to entering the world of EV ownership. If you’re in the market for a new vehicle and are considering switching from gas-powered to electric, you’re probably wondering about the cost differences and how they’ll affect you long term. If you’re ready to shop the different used cars for sale, we have plenty of electric cars for sale in Madison, WI, at our dealership: cars that will save you money long-term.

The Tax Benefits

Unlike gas-powered vehicles, electric vehicles qualify owners for a significant tax credit. Most popular electric vehicle models qualify for this incentive, and the total tax credit ultimately depends on the vehicle’s battery size. Drivers who choose hybrid models will receive a lower tax credit than those who choose fully electric vehicles, in which case you can expect several thousand dollars in federal incentives.

Fuel Savings

Buying an electric vehicle means you’ll no longer have to plan regular trips to the gas station, search for the cheapest or least crowded station, and fight over pumps when the prices rise or there’s yet another gas shortage. You’ll save thousands of dollars yearly in fuel costs because you won’t have to rely on gas to power your vehicle.

Plus, you can take advantage of the many free public charging stations at restaurants, universities, gas stations, and other locations all over the country. Whether driving around your local area or heading out on a road trip, you can search for free charging stations online with an interactive map that will give you links to locations throughout the country.

You’ll Save Money on Vehicle Maintenance

Because electric vehicles require fewer parts than traditional vehicles, the maintenance costs are far cheaper than gas-powered vehicles. Drivers who choose electric vehicles may spend 40% less on maintenance costs than those who own gas-powered vehicles.

Shopping for Used Cars for Sale? Consider an EV

If you’re in the market for a pre-owned vehicle, you can’t go wrong with an electric option. In the long run, you’ll benefit from tax incentives, save money on fuel and maintenance, and help the environment.

At Zimbrick Automotive, we have electric vehicles that can meet the needs of drivers with all different lifestyles and budgets. Whether you’re looking for an economical or luxury vehicle, we have plenty of options. The most popular automotive brands, like BMW, Porsche, Audi, GMC, Chevrolet, Mercedes-Benz, and more, have designed some incredible electric options, and we carry them here at our dealership.

If you want to enter the electric vehicle world, our expert team can help you choose the right option at the right price. Visit us today at Zimbrick Automotive to browse our new and pre-owned electric vehicle inventory, learn more about the advantages of driving an EV, and test drive your favorite model.

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