Misallocation

1988 AM General HMMWV

Sold at Cars & Bids on Sept. 21, 2026, offered with no reserve.

$7,800Confirmed

The price as reported by the house. Read from the house's results Oct. 15, 2026.

The car

Year
1988
Make and model
Hummer H1 and Humvee
Miles shown
36,000
Gearbox
Automatic
Chassis
043640
Title
Clean
Modified
Yes, as stated
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 26 comparable sales, 43% under its bottom.

Middle half of sales$11,125 to $26,688
Median$16,750
Sales behind it26Likely

From 26 sales of the Hummer H1 and Humvee in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $11,125 and $26,688.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1988 AM General HumveeMecum, July 25, 2025MecumJuly 25, 2025$28,000
1988 AM General M998 HMMWVBring a Trailer, June 25, 2025Bring a TrailerJune 25, 2025$23,500
1987 AM General M1038 HumveeMecum, April 10, 2026MecumApril 10, 2026$11,000
1989 AM General M998 HMMWVBring a Trailer, April 8, 2026Bring a TrailerApril 8, 2026$13,400
1987 AM General M998Cars & Bids, Jan. 27, 2026Cars & BidsJan. 27, 2026$56,000
1987 AM General HumveeMecum, Jan. 13, 2026MecumJan. 13, 2026$14,000
1987 AM General M998 HMMWVBring a Trailer, Jan. 8, 2026Bring a TrailerJan. 8, 2026$53,000
1989 AM General HumveeMecum, Dec. 6, 2025MecumDec. 6, 2025$12,000