2024 GMC Hummer EVTrue Cost of Ownership in Mexico
1,000 hp all-electric. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.
Purchase Price
$153K
Base: $110K
Annual Total
$24K
Insurance + fuel + maintenance
Import Duty
$22K
20% of base price
VAT
$21K
16% applied
Annual Insurance
$1K
Avg for this country
5-Year Total
$275K
Purchase + 5yr running costs
2024 GMC Hummer EV — Full Cost Breakdown in Mexico
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $110K |
| Import Duty (20%) | $22K |
| VAT / Sales Tax (16%) | $21K |
| Total Purchase Price | $153K |
| Annual Insurance | $1K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $20K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $24K |
| 5-Year Total Cost of Ownership | $275K |
| Cost Per Kilometer | $1.624 |
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 — Mexico
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,560
USD equivalent
Monthly Fuel Cost
$130
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$10.40
13L × $0.80
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 Mexico
How does the GMC Hummer EV compare to similar cars available in Mexico?
GMC
Hummer EV
Base Price
$110K
Annual Cost in Mexico
$24K
Ford
F-150
Base Price
$35K
Annual Cost in Mexico
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Mexico
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in Mexico
$8K
Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.
🇲🇽 Owning a Car in Mexico
Low insurance costs, moderate fuel.
Very Expensive for Mexico
Annual car costs = 244% of average Mexico income ($10K/yr)
Average Annual Income
$10K
In Mexico
Fuel Price
$0.80/L
Gasoline dominant
Avg Car Insurance
$1K
Per year
Import Duty
20%
On vehicle value
VAT / Sales Tax
16%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Mexico
GMC Hummer EV in Mexico — Frequently Asked Questions
Common questions about owning a GMC Hummer EV in Mexico.
The 2024 GMC Hummer EV has a base price of $110,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $153,120 USD ($153,120 MXN).