The phrase references a particular marketed provide 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 concerned with buying the automobile with out buying it outright.
Promotional lease provides 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 sometimes contain an preliminary down cost, 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 components like automobile availability, producer incentives, and prevailing rates of interest.