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2024 Lyriq dealer markups

  • This topic has 4 replies, 5 voices, and was last updated 4 weeks ago by RW72.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • #94648
    rufusmac13
    Participant

    As I wait for my 2024 Lyriq reservation to turn into an order, I’m curious if anyone has had issues with high dealer markups with this vehicle?

    #94684
    [email protected]
    Participant

    I just took delivery on January 30,2023 and my dealer charged me $5,000- above MSRP. The alternative was to wait until late summer for one.

    #94705
    [email protected]
    Participant

    The first dealership I contacted and conversed with for about 6 or more months, never mention cost/charges above MSRP; however on the day orders were opened, Cadillac hit its customers with a $3k price increase (with no reason/explanation). Then when the dealership I was working with called me to confirm my order; they informed me they were charging an additional $10K. Between the two “switch and bait” tactics by Cadillac and Kevin Whitaker Cadillac in Greenville, SC a rip off totaling $16k was in play. I refused the dealer’s switch and bait and found a dealership who was honest and said they would not do such to their customers. I went with this dealership.

    Since GM/Cadillac has not lived up to their delivery dates and will not communicate with its customers. I cancelled one of the two Lyriqs I ordered. I’m replacing the AWD Lyriq with a Tesla Model Y AWD and will be getting a $7,500 tax credit in addition to Tesla’s drastic $13k price reduction on the Model Y. I’m aware of others who have cancelled or will be cancelling their Lyriq orders and getting a 2023 Model Y. GM/Cadillac should have seen this coming.

    #94975
    Klaus
    Participant

    Has Lyriq bi-directional charging?
    Any news about changing the unfriendly door openers in the 2024 model?

    #95209
    RW72
    Participant

    My dealer started with 10K markup got it down to 7.5K not happy but it was the only way to get one now and so I get the full 7.5K tax credit. My way of looking at it is I got the Debut which is loaded up, waiting for a Lux2 model starts at 67K and another 1.5K for the 19.2KW charger and it was up to 68.5K. Mine has the $1550 22″ rims so sticker price was 61,530. The Lux3 has 22″ rims standard for 70.6K plus charger. I could do without 19.2KW charger but it is standard on my model. I had heard that Cadillac made interested dealers pay $300K for the opportunity to sell electric vehicles they also had to install heavy duty lifts and buy a fork lift, but I don’t know if that was included in $300K.

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