Misallocation

1987 AM General M1038 Humvee

Sold at Mecum Auctions on April 10, 2026, offered with no reserve.

$12,100Confirmed

The price as reported by the house. Hammer price $11,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1987
Make and model
Hummer H1 and Humvee
Gearbox
Automatic
Chassis
040900
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

Inside the middle half of 22 comparable sales.

Middle half of sales$10,924 to $26,125
Median$14,625
Sales behind it22Likely

From 22 sales of the Hummer H1 and Humvee in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $10,924 and $26,125.

Closest sales

Closest comparable sales
CarAuctionDatePrice
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
1987 AM General Humvee PickupMecum, Oct. 4, 2025MecumOct. 4, 2025$7,800
1987 AM General M998 HMMWVBring a Trailer, March 26, 2025Bring a TrailerMarch 26, 2025$19,750
1986 AM General HMMWV M998Bring a Trailer, Oct. 28, 2026Bring a TrailerOct. 28, 2026$9,200
1988 AM General HMMWVCars & Bids, Sept. 21, 2026Cars & BidsSept. 21, 2026$7,800