The phrase references a selected 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 component in advertising and marketing campaigns designed to draw potential prospects taken with buying the car with out buying it outright.
Promotional lease presents resembling this could considerably decrease the barrier to entry for shoppers 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 length, 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.