The long-awaited 2022 GMC Hummer EV electric pickup truck finally broke cover, and it looks fantastic, as it should for its price. It arrives first in Edition 1 specification with 1,000 horsepower and 11,500 lb.-ft. of torque, and a battery delivering 350 miles of range. Future versions will start as low as $79,995, but will have less equipment and capability.
If you are financing the vehicle, it is a good idea to get preapproved for a loan. This way you'll know your purchasing budget and the interest rate for which you qualify. Some lenders won't offer a loan if the vehicle is passed a certain age or if it has too many miles. The limitations will vary by lender. In this case, your next move might be to apply for a personal loan. Just be aware that those interest rates are typically higher than for auto loans.