As Cadillac continues to exclude its first-ever fully electric vehicle from any sort of incentives or deals, Cadillac Lyriq discount offers are non-existent during November 2023. This isn’t a surprise, as this has been the status quo since the Lyriq’s launch.
However, while the luxury marque itself is not offering any Cadillac Lyriq discount this month, buyers of some Lyriq models should be eligible to take advantage of the $7,500 Federal EV Tax Credit.
The lack of Cadillac Lyriq discount offers coincides with a steady increase in the vehicle’s average transaction price (ATP), which was up 13 percent during Q3 2023. As such, it seems that customers interested in the Lyriq will shell out MSRP (or sometimes even more) for the luxury electric crossover regardless of its price point, thereby discouraging the luxury marque from offering any sort of discount or deal toward its purchase or lease. Despite this, Lyriq sales leave something to be desired, as sales of the luxury marque’s offering are consistently eclipsed by those of the Tesla Model Y, though is primarily a result of low production volume of the Lyriq as Cadillac works to increase output.
In other related news, interested parties are now able to view inventory of the Lyriq on Caddy’s website, after previously being unable to search for available units online.
The following list represents all Cadillac Lyriq trim levels and their corresponding starting retail prices in the United States. As Cadillac Society exclusively reported, the 2024 Lyriq is actually a bit 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.
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