8. Hummer H2 (2003-09)
How can you talk about bloated indulgences of the '90s and 2000s without at least discussing the Humvee? The jaunty little hero of the first Gulf War, the Humvee made its way into Arnold Schwarzenegger's garage and into the hearts of every American for whom big just wasn't big enough.
The problem was that the military-grade Humvee was just way too large for regular use. The far slimmer H2, however, fit U.S. roads and its growing taste for conspicuous consumption just fine. With a curb weight of more than 6,400 pounds, General Motors' Hummer H2 had a gross vehicle weight rating that earned its owners a tax deduction for "business use" and allowed GM to fudge mileage numbers that hit a combined 11 miles per gallon on the generous side and just 9 miles per gallon in more pragmatic assessments.It had enough of a military pedigree to serve as a nod to the two wars the U.S. was fighting at the time, was just luxurious enough for a nation of Paris Hilton/The Hills excess and just popular enough to keep General Motors above water. Then gas prices hit $4 a gallon and that was the end of that. Sales of the H2 slid from more than 34,000 in 2003 to little more than 6,000 by 2008. General Motors went bankrupt and took a bailout, while the H2 spends much of its time parked in contrarians' driveways.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV