The phrase references a selected marketed supply pertaining to the all-electric GMC Hummer EV, suggesting a month-to-month cost of $699 for a lease settlement. This determine is a key factor in advertising and marketing campaigns designed to draw potential prospects considering buying the car with out buying it outright.
Promotional lease affords resembling this will considerably decrease the barrier to entry for customers who want to expertise electrical car expertise and the Hummer EV’s distinctive options. Such preparations usually contain an preliminary down cost, specified mileage limits, and a contract period, permitting people to benefit from the car for a predetermined interval earlier than returning it. These promotions are influenced by elements like car availability, producer incentives, and prevailing rates of interest.