During January 2023, there are no Cadillac Lyriq discount offers, meaning that the luxury marque is not offering any sort of incentive or deal toward the purchase or lease of its first-ever fully electric luxury crossover.
This is not entirely a surprise, as the Lyriq only began landing at dealerships in July 2022 and has thus far proven to be a highly sought-after vehicle. A grand total of 8,195 units of the Lyriq were produced last year at the Spring Hill plant in Tennessee, as the luxury mark ramped up production of its all-electric crossover in response to unprecedented demand. Even so, the production figures didn’t even come close to meeting true market demand.
Not only is Cadillac not offering any sort of Cadillac Lyriq discount this month, but buyers of the luxury electric crossover are also unable to take advantage of the full $7,500 federal EV Tax Credit. This can be attributed to a technicality on the part of the U.S. Treasury, which does not classify the Lyriq as a utility vehicle, thereby placing the luxury electric crossover outside the parameters necessary to qualify for the tax credit. Instead, it’s considered a “passenger vehicle,” which means that its retail price can’t exceed $55,000 in order to be eligible for the full tax credit.
Cadillac Lyriq Pricing
Speaking of Lyriq pricing, below we list Cadillac Lyriq trim levels and their corresponding starting retail prices. As Cadillac Society exclusively reported, pricing for the 2024 Lyriq actually makes the forthcoming model more affordable than its 2023 model year predecessor.
2023 Cadillac Lyriq
- Luxury RWD – $62,900
- Luxury AWD – $64,900
2024 Cadillac Lyriq
- Tech – $58,590
- Luxury RWD – $62,960
- Luxury AWD – $66,190
- Sport RWD – $63,190
- Sport AWD – $66,690
We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. Cadillac Society will not be held responsible for any misprints, typos or any other errors.
Raymond Ramirez
Luxury vehicles are purchazed by thode who do not need to ask the price. So if someone complains about its price, that person does not deserve it.
James Tranthem
Smart “luxury buyers” always ask a price! Only a fool says “charge whatever you want”. That is one of the main reasons foreign car makers have taken over the 17% of the car sales in America that are in the “ luxury” category… and at one time, Caddies were kicking butt and taking names! After waiting 18 months for my “luxury” Lyriq, I am now “Pricing” BMW, Mercedes, and Toyota made Lexus…
And, I have been a loyal Cadillac owner for 50 years!
RJ
Agree, price matters. Did u get the Lyric yet? And was it the intro model or the 2023 that u ordered? What do they tell you about delivery date? I was considering a 2024 now that they finally added a normal amount of colors and interior choices to the 2024. Dealer says it will be mid 2024 before it would be delivered, but not sure I can believe that. But I am surprised Caddy is missing the boat and not having one in every dealership for potential customers to test drive. Dont feel good about buying a vehicle I have never driven.
PDW
If that dealer told you it would be mid 2024 before you received it then he lied to you. I ordered one August of 2022 and no word on it. Not even a production date to finalize options and features…and I signed a contract for a 2023 Model with features and pricing finalized…They are not making enough to fill the orders they took last year and probaby the year before. These orders will have to be filled before you get one so do you really think GM will be caught up in 5 months when they have only delivered several hundred to date? They may have “built” 8200 (very highly doubtful) but they never delivered them to customers. I too am looking at Kia, Genesis, Ford upper models and may just bite the bullet and buy one. PLUS….GM has not officially released the actual mpg of the AWD nor have the EVGO fast chargers been installed at Pilots and Flying *** stations as they stated. All pipes dreams with no substance behind it. Meanwhile Tesla is installing super chargers all over the place even in remote rural areas. Very impressive charging infrastructure compared to what is out there for the Lyriq to use.
JEFFREY L SCHUCKMAN
I ordered the Luxury 2023 AWD Lyriq last Aug. I believe the price was higher than the price in article. Does that mean I will get the Article Price when the car is built?
PDW
Yes …. probably along with a dealer hidden Market Adjustment price increase that you will have to weed through to find to understand why the numbers are still way off.
RG
Exciting times to finally see the Lyriq increasing production and complimenting the offerings of color and equipment. It is priced for success with the competition in the EV market
Can’t wait, but i know I will have to, I ordered an AWD in May 2022.
PDW
Production ends in March for the 2023 model…same month 2024 models start. You should have a production week available soon from the dealership assuming you placed an order for a 2023. I ordered an AWD 2023 and have had no news or production date and that window is rapidly closing. I don’t believe I will receive a 2023 model. I think it will cost more for a 2024 to include all the same features that the 2023 Luxury comes standard with.
JP
Agreed on price. Also pre-ordered an AWD 2023 May 19, 2022. After asking our dealer, we heard back that our order got pushed into the 2024 model year. Based on the pricing and feature lists recently published, it seems the 2023 AWD that cost $64,900 will run above $75,000 for a 2024 model with the same feature set. Disappointing to say the least. Though, the various news reports of GM walking back price increases on the Lyriq are amusing. We’ve already started looking elsewhere and almost certainly will ask to have our deposit refunded.
Jim Santeramo
Is it ok for a Cadillac dealership to charge $8000. Over sticker on a 2023 Lyriq?
PDW
Walk away…You would be better off ordering one from a dealership that only charges MSRP and there are many. You will just be waiting a year but by that time maybe the Treasury and GM will have hashed out the EV rebate issue assuming Manchin is GONE. GM wil not stop a Cadillac dealership from taking $8K onto the Lyriq MSRP.