Home ยป Cadillac Lyriq Discount Non-Existent In February 2023

Cadillac Lyriq Discount Non-Existent In February 2023

Cadillac Lyriq Discount Non-Existent In February 2023

There are no Cadillac Lyriq discount offers available in February 2023, meaning that the luxury marque is not offering any sort of incentive or deal toward the purchase of its first-ever all-electric vehicle. 

This is not entirely a surprise, given that the Lyriq only began landing at dealerships in July 2022 and has thus far proven to be a highly sought-after product. A total of 8,195 units of the Lyriq were produced last year at the Spring Hill plant in Tennessee, as the luxury marque ramped up production of its all-electric crossover in response to demand. Even so, the production figures didn’t even come close to meeting true market demand. Adding insult to injury, Cadillac only shipped a small portion of the 8,195 Lyriqs it produced in 2022 as a result of a quality issue, which has since been resolved.

While the luxury marque itself isn’t offering any Cadillac Lyriq discount this month, buyers of the luxury electric crossover can now take advantage of the $7,500 Federal EV Tax Credit thanks to a recent reclassification of the Lyriq by the U.S. Treasury. Previously, the vehicle’s classification rendered it ineligible for the tax credit, but that decision was recently reassessed.

As a reminder, the 2024 Cadillac Lyriq rides on the BEV3 platform, and is offered in either rear-wheel-drive or all-wheel-drive, with the former harnessing a single Ultium Drive motor on the rear axle, and the latter gaining a second motor on the front axle. RWD models boast 340 horsepower and 325 pound-feet of torque. The the AWD setup features 500 horsepower and 450 pound-feet of torque. Both configurations offer just over 300 miles of driving range on a single charge

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 previously, pricing for the 2024 Lyriq actually makes it 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.

Written by
Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

3 Comments

  1. No, not really. A 2024 equipped the same way as a 2023 Luxury Trim would be $5,300 more.

    Supposedly the Debut trims costing $3,000 less than the LUXURY would have even greater savings.

    Reply
    • Why is the pricing being given for an AWD 2023, since ZERO 2023s will have AWD??? !!!

      Reply
  2. Of course, since my 2023 Luxury Trim, which supposedly being manufactured prior to 4/20/23, is vaporware since all 2023 production will stop supposedly on 3/17/23, that I wonder if there has been a SINGLE 2023 LUXURY Trim manufactured at all, And therefore no one can tell me for sure what I’ll actually be getting..

    Reply

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