2024 GMC Hummer EVTrue Cost of Ownership in Malaysia
1,000 hp all-electric. Full cost breakdown including import duty (30%), VAT (6%), insurance, fuel at RM0.52/L, maintenance, and depreciation.
Purchase Price
$152K
Base: $110K
Annual Total
$24K
Insurance + fuel + maintenance
Import Duty
$33K
30% of base price
VAT
$9K
6% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$271K
Purchase + 5yr running costs
2024 GMC Hummer EV — Full Cost Breakdown in Malaysia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $110K |
| Import Duty (30%) | $33K |
| VAT / Sales Tax (6%) | $9K |
| Total Purchase Price | $152K |
| Annual Insurance | $950 |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $1K |
| Annual Depreciation | $20K |
| Registration & Road Tax | $700 |
| Total Annual Running Cost | $24K |
| 5-Year Total Cost of Ownership | $271K |
| Cost Per Kilometer | $1.588 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GMC Hummer EV Fuel Cost Calculator — Malaysia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,014
USD equivalent
Monthly Fuel Cost
$85
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$6.76
13L × RM0.52
GMC Hummer EV Depreciation Curve
The GMC Hummer EV loses approximately $51K (46%) of its value over 5 years.
Year-by-Year Value
| New | $110K | 100% |
| Year 1 | $90K | 82% |
| Year 2 | $80K | 73% |
| Year 3 | $72K | 65% |
| Year 4 | $65K | 59% |
| Year 5 | $59K | 54% |
Depreciation based on truck segment averages.
GMC Hummer EV vs. Competitors in Malaysia
How does the GMC Hummer EV compare to similar cars available in Malaysia?
GMC
Hummer EV
Base Price
$110K
Annual Cost in Malaysia
$24K
Ford
F-150
Base Price
$35K
Annual Cost in Malaysia
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Malaysia
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in Malaysia
$8K
Annual costs estimated for Malaysia market. Import duty (30%) and VAT (6%) applied to all models.
🇲🇾 Owning a Car in Malaysia
Heavily subsidized fuel. Proton/Perodua cheap.
Very Expensive for Malaysia
Annual car costs = 199% of average Malaysia income ($12K/yr)
Average Annual Income
$12K
In Malaysia
Fuel Price
RM0.52/L
Gasoline dominant
Avg Car Insurance
$950
Per year
Import Duty
30%
On vehicle value
VAT / Sales Tax
6%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Malaysia
GMC Hummer EV in Malaysia — Frequently Asked Questions
Common questions about owning a GMC Hummer EV in Malaysia.
The 2024 GMC Hummer EV has a base price of $110,000 USD. In Malaysia, after 30% import duty and 6% VAT, the total purchase price is approximately $151,580 USD (RM151,580 MYR).