A Closer Look

These are the GMC Hummer's trim levels, prices, and when it's coming to a dealer near you

The Hummer EV will first be sold in the Edition 1 grade (shown above). Images of other trim levels haven't been released yet.

Photo courtesy of GMC Hummer EV

The good news is that the GMC Hummer has finally been revealed. The bad news is that all the grades of the Hummer EV won't be available right away. Scroll down to see all the time, prices, specs, and expected availability of each Hummer EV model.

2022 GMC Hummer EV Edition 1

2022 GMC Hummer EV

Photo courtesy of GMC

Starting at: $112,595
Available: Fall 2021

Range: 350+ miles
Power: Three motors/1,000 horsepower/11,500 pound-feet of torque

Standard features:

  • Watts to Freedom launch mode
  • Extreme Off-Road Package
  • 800-volt DC fast-charging capability up to 350-kilowatts
  • Infinity Roof with modular transparent Sky Panels
  • Interior badge
  • White exterior

2023 GMC Hummer EV 3X

Starting at: $99,995
Available: Fall 2022

Range: 300+ miles
Power: Three motors/800 horsepower/9,500 pound-feet of torque

Standard features:

  • Torque vectoring
  • 22-inch premium wheels

2024 GMC Hummer EV 2X

Starting at: $89,995
Available: Spring 2023

Range: 300+ miles
Power: Two motors/625 horsepower/7,400 pound-feet of torque

Standard features:

  • Four-wheel steering
  • CrabWalk
  • Adaptive air suspension
  • Available Extract Mode
  • Adaptive ride control
  • 800-volt DC fast-charging capability

2025 GMC Hummer EV 2

Starting at: $79,995
Available: Spring 2024

Range: 250+ miles
Power: Two motors/625 horsepower/7,400 pound-feet of torque

Standard features:

  • Super Cruise
  • HD Surround Vision
  • Digital Key
  • 22-inch wheels with 35-inch tires
  • Infinity Roof
  • Rear drop glass
  • MultiPro Tailgate
  • Adrenaline Mode
  • 400-volt DC fast-charging capability

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The Denali Ultimate trim is new for 2023.

GMC

The GMC Yukon has always been a luxurious family hauler with beefy capability, but it moved even more upmarket in recent years with added tech and upscale interior materials. GMC just announced an even cushier version of the SUV for the 2023 model year. The Yukon Ultimate Denali gets unique styling touches and upgrades that take the already plush SUV to another level.

2023 GMC Yukon Denali Ultimate22-inch wheels are standard GMC

The Denali Ultimate gets exclusive upgrades over other trims that include 22-inch wheels and chrome accents outside. The full-size SUV just got a complete redesign for 2021, which brought updated boxy styling, and a sleek look, so there are no additional exterior changes for 2023.

GMC offers three engines in the standard Yukon, but only two make it into the Ultimate. The standard powertrain includes a 6.2-liter V8 that produces 420 horsepower. A 3.0-liter turbodiesel is also available that makes 277 horsepower and a whopping 460 pound-feet of torque. A ten-speed automatic transmission is standard for all engines, and four-wheel drive is available.

Inside, the Ultimate comes with Alpine Umber full-grain leather upholstery with 16-way power front seats and massaging. Trim-exclusive contrast stitching and aluminum trim accent the space, and the top model gets an 18-speaker Bose audio system with stainless steel speaker grilles.

2023 GMC Yukon Denali UltimateGrained leather upholstery and upscale interior finishes are standard. GMC

A 10.2-inch infotainment touchscreen comes standard, and offers Google services built in. Wireless Apple CarPlay and Android Auto are also standard, along with wireless phone charging. A Wi-Fi hotspot and Amazon Alexa functionality are available. GMC also offers Super Cruise hands-free driving system in the Denali Ultimate.

GMC hasn’t detailed pricing for the new SUV yet, but we expect it to start at a premium over the standard Denali, which starts at just over $70,000.

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The majority of new car buyers paid a markup in January 2022.

VW

It's no secret that new car prices are climbing every year, as new technology and features make their way into even the most basic models. The issue is compounded by massive supply chain issues that have caused vehicle shortages for nearly every major automaker. Some dealers are taking advantage of record low inventory levels by marking up prices, and unfortunately, the problem isn't limited to a handful of bad apples. In analyzing recent sale price data, automotive publication Edmunds found that buyers paid a markup in a whopping 82.2 percent of all new vehicle purchases in January 2022, compared to just 2.8 percent a year before. Overall, the average transaction price rose to $728 above MSRP for new car purchases.


Tesla factoryTesla is looking to expand production in the U.S. beyond the confines of its Fremont factory. Photo courtesy of Tesla Motors

Cadillac buyers saw the largest markups, to the tune of $4,048 on average in January. Land Rover and Kia weren't much better, with average markups of $2,565 and $2,289, respectively. On the other end of the spectrum, Alfa Romeo buyers got discounts that averaged $3,421, while people who bought Volvo or Lincoln vehicles got smaller discounts of $869 and $510, respectively.

Some automakers have taken a stand against dealer markups and the general lack of transparency seen in pricing across the board. Ford and General Motors have been vocal in recent months, threatening to withhold inventory from dealers found to be slapping markups on new vehicles. As Edmunds notes, both automakers have important vehicle launches on the horizon that neither can afford to flub, and inconsistent pricing or markups is a good way to alienate new customers out of the gate.


Cadillac EscaladeCadillac buyers paid the largest markups of any brand. Photo courtesy of Cadillac

If you're thinking of shopping for a new car, the best way to avoid paying a markup is to wait. The pandemic and ongoing supply chain issues have thrown kinks into every automaker's operations that will take time to iron out. That said, it's clear that some brands are committed to having no funny business when it comes to dealerships' pricing and communication. It's possible to get a vehicle at MSRP, or even below in some cases, so if you're in a position that requires you to buy a new car, shop around to get the best deal.

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