Misallocation

1988 AM General Humvee

Sold at Mecum Auctions on July 25, 2025, offered with no reserve.

$30,800Confirmed

The price as reported by the house. Hammer price $28,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1988
Make and model
Hummer H1 and Humvee
Gearbox
Automatic
Chassis
051109
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

Above the middle half of 26 comparable sales, 11% over its top.

Middle half of sales$11,000 to $25,188
Median$15,375
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 $11,000 and $25,188.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1988 AM General HMMWVCars & Bids, Sept. 21, 2026Cars & BidsSept. 21, 2026$7,800
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 M1038 HMMWVBring a Trailer, Feb. 10, 2026Bring a TrailerFeb. 10, 2026$15,250
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