Yet again, there are no Cadillac Lyriq discount offers available during May 2023, as the luxury marque continues to exclude its first-ever fully electric vehicle from any sort of incentives or deals. This isn’t much of a surprise, as this has been the case since the Lyriq was initially launched.
However, it’s worth noting that while the luxury marque itself is not offering any Cadillac Lyriq discount this month, customers can now take advantage of the $7,500 Federal EV Tax Credit thanks to a reclassification of the Lyriq by the U.S. Treasury. Previously, the vehicle’s classification meant that it was ineligible for the tax credit, but that decision was recently reassessed.
The continued lack of Cadillac Lyriq discount and incentive offers will likely continue, as the luxury EV crossover has been produced in relatively limited quantities thus far. In fact, the luxury marque elected to withhold most of the 8,195 units of the Lyriq built at the Spring Hill plant in Tennessee last year to resolve quality issues. Additionally, production of the 2024 Lyriq was pushed back to early May.
We also expect the advent of the Cadillac Lyriq-V to continue to drive interest. As previously reported by Cadillac Society, the Lyriq-V will bring a handful of unique exterior styling elements to the luxury EV, borrowing from its already existing Sport trim. This includes a unique front fascia, complete with chevron-style mesh for the lower grille, a design signature of V-Series models. A recent prototype sighting confirmed these details, as well as others. Thus far, any official information or even confirmation about the 2024 Cadillac Lyriq-V – including details and pricing – has yet to be revealed, but we do know that its all-wheel-drive setup will be more powerful than that of its “regular” Lyriq AWD counterpart.
Speaking of Lyriq pricing, below we list Cadillac Lyriq trim levels and their corresponding starting retail prices. As Cadillac Society exclusively reported previously, the 2024 Lyriq is actually more affordable (in terms of starting prices) than its 2023 model year predecessor.
2023 Cadillac Lyriq
2024 Cadillac Lyriq
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.
One of four new colors for the 2025 model year.
And it now represents the best value in its segment.
A curious sighting from a video of the Cadillac design studio.
