The Cadillac Escalade was completely redesigned for the 2021 model year, receiving all-new exterior styling, a different T1 platform with independent rear suspension and a redesigned cabin with up-to-date technology like a 38-inch curved OLED display screen. The myriad changes made to the 2021 Cadillac Escalade appear to be winning over buyers, as the full-size luxury SUV was among the fastest-selling vehicles in the United States last month.
According to data compiled by the market analysts over at iSeeCars.com, the Cadillac Escalade spent an average of just 16.6 days on dealership lots before being sold last month – making it the fourth fastest-selling vehicle behind the Lexus RX 450h, Lexus IS 350 and Chevrolet Corvette, respectively. The extended wheelbase Cadillac Escalade ESV, meanwhile, spent an average of 22.2 days on dealership lots, making it the twelfth fastest-selling vehicle in the U.S. for the month.
The Cadillac Escalade and Escalade ESV also had the highest average transaction prices of the fastest-selling vehicles last month. The Cadillac Escalade enjoys a steep average transaction price of $99,761, while the longer Escalade ESV exchanges for an average of $102,537. This means buyers are not only buying the Escalade and Escalade ESV at a high rate, they also aren’t hesitant to fork over big bucks to put one in their driveway.
The Mercedes-Benz GLS and BMW X7, two of the Escalade’s direct rivals, had average transaction prices of $95,081 and $93,602 in February, respectively. The standard-wheelbase Cadillac Escalade also sold faster than these two German rival offerings, which spent an average of just over 20 days on dealer lots before being sold.
The 2021 Cadillac Escalade and extended wheelbase Escalade SUV are built at the GM Arlington Assembly plant in Texas. Pricing for the 2021 Cadillac Escalade starts at $77,490 including destination, while the Escalade ESV starts at $80,490.