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2024 GMC Hummer EV SUVTrue Cost of Ownership in Norway

830 hp all-electric. Full cost breakdown including import duty (25%), VAT (25%), insurance, fuel at kr2.1/L, maintenance, and depreciation.

Annual cost =53%of avg Norway income

Purchase Price

$164K

Base: $105K

Annual Total

$34K

Insurance + fuel + maintenance

Import Duty

$26K

25% of base price

VAT

$33K

25% applied

Annual Insurance

$2K

Avg for this country

5-Year Total

$336K

Purchase + 5yr running costs

2024 GMC Hummer EV SUV โ€” Full Cost Breakdown in Norway

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$105K
Import Duty (25%)$26K
VAT / Sales Tax (25%)$33K
Total Purchase Price$164K
Annual Insurance$2K
Annual Fuel Cost$0
Annual Maintenance$1K
Annual Depreciation$29K
Registration & Road Tax$2K
Total Annual Running Cost$34K
5-Year Total Cost of Ownership$336K
Cost Per Kilometer$2.299

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 โ€” Norway

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

โšก Electric Vehicle

The GMC Hummer EV SUV runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Norway.

$0 Fuel Cost

Electric vehicle โ€” 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$105K100%
Year 1$76K72%
Year 2$65K62%
Year 3$57K54%
Year 4$50K48%
Year 5$45K43%

Depreciation based on electric segment averages.

GMC Hummer EV SUV vs. Competitors in Norway

How does the GMC Hummer EV SUV compare to similar cars available in Norway?

โ˜… This Car

GMC

Hummer EV SUV

Base Price

$105K

Annual Cost in Norway

$34K

830 hp all-electric

Tesla

Model 3

Base Price

$42K

Annual Cost in Norway

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Norway

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Norway

$8K

Premium feel, driving dynamics

Annual costs estimated for Norway market. Import duty (25%) and VAT (25%) applied to all models.

๐Ÿ‡ณ๐Ÿ‡ด Owning a Car in Norway

High taxes but EV incentives offset for EVs.

๐Ÿ”ด

Expensive for Norway

Annual car costs = 53% of average Norway income ($65K/yr)

๐Ÿ’ฐ

Average Annual Income

$65K

In Norway

โ›ฝ

Fuel Price

kr2.10/L

EV-heavy dominant

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Avg Car Insurance

$2K

Per year

๐Ÿ“‹

Import Duty

25%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

25%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

Europe

Popular Car Brands in Norway

TeslaVolkswagenToyota

GMC Hummer EV SUV in Norway โ€” Frequently Asked Questions

Common questions about owning a GMC Hummer EV SUV in Norway.

The 2024 GMC Hummer EV SUV has a base price of $105,000 USD. In Norway, after 25% import duty and 25% VAT, the total purchase price is approximately $164,063 USD (kr164,063 NOK).