- May 1, 2001
- 6,545
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The Hummer H2. I have never seen an new, expensive automotive product take off so well in the marketplace. My local area is literally crawling with these intimidating (and seemingly penile enhancing) brutes. Nary a day goes by when I don't see at least one of these $50,000 land barges on the road. I see more of these H2's than I do of the 2003 Accord, which probably outsells it 15 to 1 and costs a third. The only hypothesis I can come up with is that people are leveraging cash-out refinancings. The NE has experienced the greatest house price appreciation over the last year or so and people are converting home equity into assault vehicles. Maybe they want a vehicle for the future United States of Iraq?