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Cadillac Lyriq To Start At Under $60,000

The Cadillac Lyriq will start at under $60,000 in the United States, General Motors North America president Steve Carlisle confirmed this week.

Speaking to Automotive News, Carlisle said the Cadillac Lyriq must start at a pirce point that isn’t too much higher than a comparable internal combustion engine crossover.

“We need to be in the same price zone,” said Carlisle. “This car will need to be priced similar to how the industry prices midsize lux SUVs today, maybe a slight premium at the outset. It’s a price that won’t be high five digits. It won’t start with a seven and it won’t start with a six.”

The production Cadillac Lyriq will be similar in size to the Cadillac XT5, as we reported in the past, which starts at $45,090 including destination in the United States. The three-row Cadillac XT6 crossover, meanwhile, starts at $52,695.

Carlisle also said the automaker is “putting extraordinary efforts here into creating conditions for adoption,” of EVs like the Lyriq. This includes partnering with companies like EV Go to install more fast chargers in the United States, leveraging in-vehicle technology to make it easier to find working charging stations and connecting customers with local charging station installers. Carlisle said Cadillac will eventually offer an electric vehicle in every segment it currently competes in.

The Cadillac Lyriq show car made its official debut last week and is believed to be 80-85 percent representative of the production version that will arrive at dealerships in late 2022. The production Cadillac Lyriq will feature a 100 kWh lithium-ion battery pack and more than 300 miles of range. Rear-wheel-drive will come standard, while a performance all-wheel-drive model will be available as well. The tech-forward interior will feature a large 33-inch widescreen LED display that serves as both the driver’s display and the central infotainment system.

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Comments

  1. Hopefully GM will stay mostly true to the concept. With an under $60K starting price this thing will sell like hot cakes. That leaves me pretty optimistic for the pricing of future EV models across GM’s portfolio.

    Now omegatalon can stop saying “$200K pRiCeTaG” for the Lyriq.

    Reply
    1. We are still falling for the bait I see. You will never fi d one of these for 60k just like the Vette. Besides, more than likely to get one with decent range and options will jack the price up another 15 or 20k.

      Reply
    2. “That leaves me pretty optimistic for the pricing of future EV models across GM’s portfolio.”

      I’ve talked to a guy from GMC who has a hand in the GMC parts supply chain. According to him (no clue if this is true or not, so full disclosure), he says that the starting price of the Hummer EV “will have the same shock impact as the starting price for the C8.” Doesn’t mean it’ll start at the same price as the C8…but he says the reaction to that price will be one of much surprise.

      I think there’s a very realistic chance that the Hummer pricing starts at around $50k…WAY lower than expectations. That’s what I was gathering from what he was saying.

      Reply
  2. I’m guessing same price as the Vette.

    Reply
  3. If the price really is below $60,000 for the 300+ range version, that would be very good. I could overlook it’s ugly exterior and enjoy the beautiful interior. I’m still waiting for the Buick Enspire at below $50,000. Whatever happened to that gorgeous EV SUV announced last year in March with a 370 mile range that was suppose to come out the end of THIS year?

    Reply
    1. Have you been watching the news the past 6 months and keeping updated on Covid-19?

      Reply
      1. Dear GMC Fan, Please don’t insult me. Of course I’ve been watching the news on Covid-19 and I’m very concerned about it and I wear a mask every time I go out in public. Are you saying that instead of the 2020 Buick Enspire, they shifted to working on the Cadillac Lyriq, which will cater to the rich instead of the middle class, because of Covid-19? What is your point, other than insulting me?

        Reply
        1. Hallelujah !!

          Reply
    2. Wasn’t that slated for release in China first? I believe that is were they are planning to manufacture the Buick and are counting on heavy sales there.

      Reply
      1. Dear Jim, When the Buick Enspire was announced there was mention that it was suppose to be released in China and the rest of the world. The Cadillac Lyriq is going to be released in China first. Here is an excerpt from an article from InsideHook titled “Cadillac Bets on Luxury, Electrification and China With the New Lyriq”
        “As CNBC reported, not only will the Lyriq be produced in China (as well as North America), it will launch in that country first before it gets its U.S. debut. ”
        There are other articles that confirm this on the internet.

        Reply
        1. No need for snark.

          Reply
          1. Dear Jim, I was not trying to be snarky. I was only trying to state the facts on where the Enspire was coming out and that it was similar to the way they plan on releasing the Lyriq. I’m sorry if it came across as snarky.

            Reply
  4. I anticipate the base model will be $59,998. But there will be as long list of options and it will top out near $90K fully loaded up,

    Here are some important things left out here.

    GM president Steve Carlisle said the 2023 Lyriq EV will need to be priced in line with luxury SUVs today to be successful.
    The vague pricing information the company has shared brings the starting price at around the mid-$50,000 range.
    Getting the Lyriq below $60,000 makes it eligible for state incentives in California and New York.

    The incentives are key,

    Reply
    1. Seems like GM and Cadillac are planning on pricing the Lyriq lower than they’d like (and potentially making very little early profit) in an attempt to sweep up EV market share in the long term.

      This…is refreshingly a very anti-GM move. And I think it’s brilliant.

      Reply
  5. Generally on EV’s the lower price point versions have less motors (1 versus 2 or more), less range and of course less performance. The AWD “performance version” will cost way more than $60K, bet on it. Cadillac will be looking to sell this big in China where looks and perception are big, but performance is not so important.

    Reply
  6. This is great news. Related noted – Etron just dropped its price by 6k.

    A Lyriq will be in my garage. While I appreciate the AWD for performance; specifically launches. I feel most buyers (especially in the Midwest and northern states) will be opting for the AWD simply due to weather. My fear is that the AWD jumps the price by 5 digits due to it being an additional motor.

    Reply
  7. The Chevy Bolt currently has an $8,500. customer cash promotion so assuming GM does the same thing with Lyriq, it might realistically sell for around $50,000.

    Reply
    1. Bolt is an out of date model on its last legs. Lyriq discount will get bigger if it doesn’t sell.

      Reply
      1. That 8500 mentioned, in another comment, isn’t a “discount,” it’s a tax refund/credit for buying an electric vehicle. I think $60,000 is too high.

        Reply
        1. No it’s a discount, GM is no longer eligible for the $7500 federal tax credit on EVs.

          Reply
  8. I hope I am wrong but 60K starting price for a Base RWD five seater is not a great price.
    I do not see how this competes with the Tesla Model X that everyone says it does. Will the Lyriq come with three row option?
    Also, AWD will be Dual Motor setup so that means it will be 70K for most Midwest Customers. I am sorry but that is way too expensive in my humble opinion. Cadillac (agree or disagree) is not a highly sought after Tech Company that Tesla has set itself up to be so not sure how the Price Structure (if accurate) will work. Lets remember that Tesla Autopilot is Standard on every vehicle and does not require a Subscription Fee after a couple of years. Tesla just keeps sending OTA Software updates a couple times a year. Will Cadillac make Super Cruise Standard? I highly doubt GM has that form of long term thinking. The reason Tesla has Autopilot as Standard fare is because they collect Billions of Miles of driven Data and that is why they most likely are in the lead in Full Self Driving Software.
    The Lyriq should start at 50K in my humble opinion. It is two years away and the Model X if Rumors are to be believed will be refreshed by then. And who knows what BMW, Mercedes, and Audi will have on offer two years from now as well.

    Reply
    1. Autopilot is an $8k option on a Tesla.

      The Model Y starts at $50k, and I agree some people will see the Model Y as a more premium product simply because of the Tesla brand. But content wise the Cadillac is much more upscale and I think to the general consumer that $10k premium is justifiable.

      Reply
      1. @Ryan
        Autopilot is standard fare on every single Tesla on sale. You are thinking of the Full Self Driving option that is 8K
        Also the Model Y starts at 49K right now as you can only get the Dual Motor or the faster Performance Model.
        The RWD will be coming out a little later.
        I am not saying that I do not like the Lyriq because I really do. I just fear that 60K starting price on a RWD Lyriq is too much. Also, Tesla doesn’t really have a lot of options to chose from. You basically chose between RWD, Dual, or Performance. And then on the Model X you can chose seat configurations as well.
        If I were a betting man, GM will be more Porsche with the options list than Tesla. So the Lyriq will be pretty pricey for the one Most consumers will want to get. Hope I am wrong.

        Reply
    2. The pricing will be much like Tesla. Tesla shows a low price but in the end by the time you get the things you want it nearly doubles the price,

      The X third row is a waste of space,

      As for AWD and $70K that is not bad and the fact is RWD gets around just fine in the snow AWD Is nice to have but you are not stranded unlike what some sun belt people think. We lived for years with 2wd,

      As for refreshed Tesla. The S is in the greatest need to be redone but yet to see any significant improvements.

      Much of Teslas styling is also panning out to be drab and boring or like the truck way too much over the top, It will not age well.

      Cadillac will do fine. This is only a first shot in a long game here,

      Reply
      1. My 5″10 foot brother can sit in the Third row on the Model X for a short period.. Not sure what you mean.
        I am not stating he can sit back there for a 300 Mile road trip but for kids it is great. Which is what 99% of then people will use it for. Adults do not sit in the Third row. If you need that get a Suburban or a Sprinter Van.

        Reply
    3. Tesla is not a leading tech company. How many people been killed by Autopilot? It is either Tesla is telling lies about the Autopilot or owners are truly stupid to believe the technology is truly autonomous.

      I rather have Super Cruise and if I have to pay for it annually, so be it. At least it is the most technical and advance feature put on any modern automobile.

      The sweet spot for this vehicle is $55K-$58K starting price. At least it is way better than under $75K what some had believe.

      Reply
  9. i hope they are making money at that price.

    Reply
    1. They will m,Lake money. I just hope they do not compromise the materials and feel of the car for price.

      Reply
  10. If it starts at under 60k then what you see now is not what we will get in 2 years.

    Reply
  11. The third row on Teslas is a J-O-K-E. Lets not say that if Caddy wanted to, they couldnt put in a totally garbage 3rd row.

    Reply
    1. aren’t the 3rd rows reversed on Tesla’s so they are looking behind the vehicle? Those are stupid cramped.
      Not the best. Better to not have them for better cargo room.

      Reply
      1. If you need a third row in a luxury vehicle, then wait for the electric Escalade for 2023.

        Reply
        1. Don’t forget, Cadillac is getting not one, but TWO 3-row electric SUVs down the line – one Escalade-sized and built on the BT1 truck/SUV platform, and one XT6-sized and built on the BEV2 car/crossover platform.

          We technically don’t know if the XT6-sized EV will be available in America…but based on the current crop of Caddy ICE crossovers, I’d bet the house on it. Skip the crappy Tesla interiors, and wait for those.

          Reply
          1. You mean BEV3 platform? Cadillac better sale the EV three row crossover over here. The XT6’s life-cycle could be shorter.

            Reply
            1. @Johnls_39

              Yes, good catch, that was a typo. I meant BEV3…BEV2 was the platform that the Bolt rode on in the first gen.

              Reply
  12. Although many non-EV believers see this price as too much (maybe they cannot afford it anyway), one must consider all the maintenance and energy (refueling) savings that this EV will have in a ten year lifespan or more. Most luxury vehicle owners spend over $60,000 in less than ten years. The only parts needing replacement in ten years for the Lyriq EV are the tires, wiper blades, and cabin air filter.

    Reply
    1. Actually the price here is not out line, But cut the other crap, People don’t care about savings ten years from now just today,

      As for most luxury buyers they lose more in resale than anything’s else and they don’t care,

      Also you still have parts that can and will fail. Electronics are not totally fail proof.

      I just bought a new Mac Pro and the first one died 3 days later, Just look at the key board issues and other issues computers have, EV cars can and will see issues too,

      Reply
    2. Raymond Ramirez,
      I’m with you on the 10 years timeframe.
      And most luxury vehicle owners I know are right there with me!
      Also that IS one of the reasons Cadillac has NOT been in the luxury group for a while now.
      GM/Cadillac has NOT been able to manufacture a vehicle that can even last 10 years.
      And that $60,000.00 price spent in those 10 years, for a Cadillac would be at LEAST $80,000.00 just in repairs of ” Known Faulty ” issues !

      Reply
    3. Wow so the Lyriq won’t have brakes, suspension components, window regulators and door lock actuators and I’ll bet even power door openers? And apparently your living in a dream world if you think this rolling video arcade won’t have a bevy of electronic issues in that time period and charges for over the air updates and quirky advanced safety features!

      Reply
      1. EVs rely on regenerative brakes (IE Engine braking) to slow the vehicle most of the time and recoop energy through heat. The physical brakes are hardly used unless you need sudden and hard stopping power. Brakes on EVs last far longer than those on traditional ICE vehicles.

        Reply
        1. Yes we all know that. But 10 years is a long time and nothing lasts forever, even magic regen brakes, especially in the snow belt states.

          Reply
      2. Rolling video arcade is 100% correct.

        Reply
  13. I will believe it when I see it, the Chevy Volt was $45,000 when it came to market, The only way I see under $50k is the bean counters are going to water it down by a lot or Cadillac is going to lose money on each one they sale

    Reply
    1. Volt was also one of the first EVs produced by GM. The cost of producing batteries and EVs have dropped since then.

      Reply
      1. Which was over price for the time, how well did that sale? A new Corvette cost less

        Reply
        1. The Base C7 Corvette cost $56,590 when new and the now new C8 base corvette costs 59,995.

          Reply
          1. And the Corvette is a two seater with a low roof. Only nimble drivers will buy the Corvette. Cadillacs are for normal people with the funds to pay for them.

            Reply
  14. Hallelujah !!

    Reply
  15. And lets remember that this is the basic most stripper version which you will never see at the dealer. They also have a 19995 Trailblazer L that I have never seen to date along with the non existent Buick base 1SV variants. I’ll bet most will be in the 70-80K range or more!

    Reply
  16. Is this MORE hype from GM miss management? Promise the earth, sky and stars above! Then the GM penny pinch cost cut reality comes out as a not quite there mediocrity…. I think the C8 is the ONLY thing GM has come out with in 50 years that got everything right. Dont know how it happened or if it will again. I am all out of hoping GM will get things right the first time. Please I dont want to hear from GM miss management that they will get it right on the second generation.

    Reply
  17. So GM is doing what they did with the Vette, which is a good thing. If this all comes to promise then there’s hope for Caddy and GM overall.

    There’s some vague info here – “every segment we compete in” but that leaves a huge gap between a CT5-EV car and the celestiq

    Reply
    1. There will be an electric CT6 replacement. It’s in the works now, which is why GM was so willing to drop the CT6 so damn fast. I wish they’d kept it around until it’s replacement was ready.

      Reply
      1. @G8Burnout:

        We know about Celestiq. Is that what you’re referring to?

        Or is there another sedan closer to the CT6s size/price range being developed?

        Reply
        1. @Megeebee,

          From everything I’ve heard, there is an electric sedan sized between the CT5 and Celestiq in the early stages of development. I’d imaging the CT6 size is almost exact. Don’t expect it out for quite a while, though…2025 at the earliest, assuming the Ct4 and CT5 become EVs in their next generation,

          The big boy Celestiq will be coming sometime in 2023, if the current timing stays in place.

          Reply
  18. I think the Lyriq should start at 55K
    That would be a great price to lure current NON EV Customers into the Lyriq. This seems to be the size of an XT5 which I believe starts at 45K
    Anything above a 10K Premium between the ICE and EV version of a vehicle will just not happen for Legacy Auto Makers in my opinion. Tesla can pretty much name their Price. They have such a log jam of orders (if reports are to be believed) that they can get away with higher prices. Also, Tesla doesn’t offer ICE versions of their vehicles that are less expensive. So a Tesla customer will not have the reference point like say a Cadillac customer will in the dealership. I will once again say that Tesla has solidified the Apple position of the Market. It seems to be a race between GM and VW Group for that Android second place spot. GM cannot afford to price their EV’s too high.
    Lets all remember that Apple spot doesn’t mean most in sales but just the ecosystem that Apple has built for their Customers.

    Reply
  19. Lets be real here, Ha, Ha, Ha !

    It does not matter one little bit what the price of the base model is, or even the average chosen model is.

    What WILL matter, is in 2 or 3 or 4 or 5 years ( whenever the customer can actually get one of these vehicles ) is, the competition !!
    GM/Cadillac has yet to prove that they can make anything ( other than a full-sized Chevy V8 Vehicle ) equal or better than THE COMPETITION !!!!!
    Lets just say Mercedes, Audi, and BMW have a vehicle close to this, we are still back to square ONE with the Cadillac brand !!!!!!!!!
    Cadillac HAS to OVERDELIVER and UNDER PRICE !!!! or at least equal price AND overdeliver !!!!

    This STILL will NEVER work if it is the status quo of GM/Cadillac !!!

    I really hope this changes here with this new Cadillac EV world, I would love to move back to a Cadillac some day.
    However the current models can simply NOT compete on value price per option !!
    Not to mention you STILL have to talk to the HORRIBLE GM customer support !!

    When GM gets back to a good value for the dollar and STANDS behind their product the GM vehicles will fly out of the dealer lots !!

    Reply
  20. More affordable than the Chevrolet Bolt; but the Lyriq has to be error free.. as Cadillac needs to be running concept and final production models of the Lyriq like Chevrolet did with the C8 Corvette so that when the Lyriq is introduced, it is done without any issues because very possible issue had been addressed.

    Reply
  21. IMO, the sweet spot of this vehicle should be $55K-$58K. Anyone complaining about the under $60K can’t afford this vehicle in the first place. People on here needs to stop asking for cheap Cadillacs since there is no such thing for such a brand. Besides, most of the starting asking prices are hardly seen on showroom floors anyhow.

    Reply

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