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Rust in Peace

SAY GOODBYE TO THE HUMMER GM General Motors Co. said it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed. Heavy equipment maker Sichuan Tengzhong Heavy Industrial Machines Co. pulled out of the deal for Hummer, known for its hulking, military-style SUVS, because it was unable to get clearance from Chinese regulators within the proposed deal timeframe, the manufacturer said in a separate statement. GM said it will continue to honor existing Hummer warranties. Named the 8th most expensive car to insure by Aol Autos RUST IN PEACE Intellichoice 5-year Cost Of Ownership 2009 HUMMER H2 $36,047 $8,969 $10,695 $553 4-door SUT Sport Depreciation Financing Utility Pickup Insurance State Fees The H3, the most fuel-efficient vehicle in Hummer's lineup, averages about 16 mpg. $19,847 $1,791 Fuel Maintenance Repairs $724 Total 5-year Ownership Cost $78,626 When Bigger Isn't Better for Premiums Larger vehicles don't automatically mean lower premiums. Some super-size vehicles could actually increase the cost of your insurance. When two cars collide, the average repair cost for each is about $3,000. But some larger vehicles are routinely linked to higher-dollar damage to other cars. And that could cost you in terms of more expensive insurance. The top five linked to highest dollar damages to other cars, according to the institute, are as follows: Hummer H2 SUT 4dr 4WD Hummer H3 4dr 4WD STOP Hummer H2 4dr 4WD Dodge Ram 2500 mega cab 4WD Toyota Highlander Hybrid 4dr They're big, heavy vehicles that tend to inflict a lot of damage on what they hit. Sources: CBS News, Kelley Blue Book, MSN, Autotropõlis

Rust in Peace

shared by rmmojado on Jan 24
Like it or hate it, many people have their opinion of General Motor’s Hummer brand. It may have its fans, but it seems that the economy has finally turned the tide on this motor giant. GM has anno...


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