2024 GMC Hummer EV SUVTrue Cost of Ownership in Australia
830 hp all-electric. Full cost breakdown including import duty (5%), VAT (10%), insurance, fuel at A$1.3/L, maintenance, and depreciation.
Purchase Price
$121K
Base: $105K
Annual Total
$34K
Insurance + fuel + maintenance
Import Duty
$5K
5% of base price
VAT
$11K
10% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$293K
Purchase + 5yr running costs
2024 GMC Hummer EV SUV — Full Cost Breakdown in Australia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $105K |
| Import Duty (5%) | $5K |
| VAT / Sales Tax (10%) | $11K |
| Total Purchase Price | $121K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $2K |
| Annual Depreciation | $29K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $34K |
| 5-Year Total Cost of Ownership | $293K |
| Cost Per Kilometer | $2.287 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GMC Hummer EV SUV Fuel Cost Calculator — Australia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
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⚡ Electric Vehicle
The GMC Hummer EV SUV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Australia.
$0 Fuel Cost
Electric vehicle — no gasoline required
GMC Hummer EV SUV Depreciation Curve
The GMC Hummer EV SUV loses approximately $60K (57%) of its value over 5 years.
Year-by-Year Value
| New | $105K | 100% |
| Year 1 | $76K | 72% |
| Year 2 | $65K | 62% |
| Year 3 | $57K | 54% |
| Year 4 | $50K | 48% |
| Year 5 | $45K | 43% |
Depreciation based on electric segment averages.
GMC Hummer EV SUV vs. Competitors in Australia
How does the GMC Hummer EV SUV compare to similar cars available in Australia?
GMC
Hummer EV SUV
Base Price
$105K
Annual Cost in Australia
$34K
Tesla
Model 3
Base Price
$42K
Annual Cost in Australia
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Australia
$5K
BMW
i4
Base Price
$56K
Annual Cost in Australia
$8K
Annual costs estimated for Australia market. Import duty (5%) and VAT (10%) applied to all models.
🇦🇺 Owning a Car in Australia
Long distances increase fuel costs.
Expensive for Australia
Annual car costs = 66% of average Australia income ($52K/yr)
Average Annual Income
$52K
In Australia
Fuel Price
A$1.30/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in Australia
GMC Hummer EV SUV in Australia — Frequently Asked Questions
Common questions about owning a GMC Hummer EV SUV in Australia.
The 2024 GMC Hummer EV SUV has a base price of $105,000 USD. In Australia, after 5% import duty and 10% VAT, the total purchase price is approximately $121,275 USD (A$121,275 AUD).