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Having owned a 94 then a 96 I would have to say the total inability of their dealer network to adequately provide service was a major reason.
My closest dealer was 200 plus miles from home.
The 96 went thru 3 fuel pumps in 30,000 miles. Each failure was in the middle of nowhere and a days long event.
Tire mounting, balancing, installation of inner-liners once took three days and included flying in a factory rep from Indiana. I sat in a hotel and spent $$$ at near-by tit bar.
In-board front disc brakes and front end parts were expensive, needed replaced every 12,000 miles, and of course were never in stock.
For more than a year it remained parked at various airports out west. I would fly out drive for a week, fly home. It was a great performing vehicle in deep snow, sand, hills. But high performance = high repair. Dealers were in over their heads.
Some of Hummers "premier" dealers I used were Cadillac, Buick and Pontiac. Not a fucken truck mechanic in the building!
I used the truck as intended, loved it, miss it to this day. But glad I got rid of it!
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