The phrase references a particular marketed provide pertaining to the all-electric GMC Hummer EV, suggesting a month-to-month fee of $699 for a lease settlement. This determine is a key aspect in advertising and marketing campaigns designed to draw potential clients concerned about buying the automobile with out buying it outright.
Promotional lease gives corresponding to this could considerably decrease the barrier to entry for shoppers who want to expertise electrical automobile know-how and the Hummer EV’s distinctive options. Such preparations usually contain an preliminary down fee, specified mileage limits, and a contract length, permitting people to benefit from the automobile for a predetermined interval earlier than returning it. These promotions are influenced by elements like automobile availability, producer incentives, and prevailing rates of interest.