2024 Cadillac Lyriq To Start At Around $60,00011
Originally launching for the 2023 model year, the Cadillac Lyriq stands as the luxury marque’s first entry into the budding EV market. Now, the starting MSRP has been announced for the upcoming 2024 Cadillac Lyriq, and it’s less than the 2023 model.
A 2024 Cadillac Lyriq with RWD will start around $60,000, while the Lyriq AWD will have a starting MSRP of roughly $64,000. This represents a nearly $3,000 and $1,000 price decrease compared to the 2023 RWD and AWD models, respectively.
It’s worth noting that customers who are still on the 2023 Lyriq waitlist will automatically be eligible for the 2024 Lyriq waitlist. Deliveries of the 2024 Lyriq are expected to begin in Spring 2023.
For a refresher, GM Authority was first to reveal the 2023 Cadillac Lyriq’s pricing back in May 2022, following the initial Debut Edition units quickly scooped up at a starting price of $59,990. A Lyriq outfitted in the base Luxury trim has a starting MSRP of $62,990, while the Lyriq Luxury AWD has a starting price of $64,990. All figures include the $1,195 destination freight charge.
As a reminder, the 2024 Cadillac Lyriq receives a few updates over the preceding 2023 model year, most notable being the addition of two new trim levels, the Lyriq Sport and Lyriq Premium Luxury. Serving to solidify the Cadillac Y strategy for the Lyriq, these two new trims will offer a more rounded lineup overall.
Under the skin, the Cadillac Lyriq rides on the GM BEV3 platform, while power is sourced from GM Ultium batteries paired with GM Ultium Drive motors. Meanwhile, production takes place at the GM Spring Hill plant located in Tennessee.
Subscribe to GM Authority for more Cadillac Lyriq news, Cadillac news, GM EV news, GM business news, and around-the-clock GM news coverage.
- Sweepstakes Of The Month: Win a 2023 Corvette Z06 Convertible. Details here.
Love to see it. Almost every new vehicle is way too expensive and overpriced right now. The Lyriq was already pretty reasonable, but this is certainly welcomed. Keep the price cuts coming.
Pricing adjusted to reflect the content, whatever that means.
But, will the dealer sell it for $60K?
This kind of thing makes me think there are no ADULTS running the Cadillac Division.
First they promise the car is going to be $59,990.
Then they only have 10 minutes of call in reservations so that the rest of us get a $63,000 vehicle on May 19th 2022. — Of course they have forgotten how to run a production line, or EVEN SET ONE UP, and hopefully I won’t have to wait much more than 2% of my LIFETIME to actually consummate the purchase.
Of course this car has plenty of crap on it that I don’t want, and/or can’t use….
– Motorized charging doors.
– 100 amp garage charging facility (built into the car only) of which if 1% of people can actually use this it will be a lot, since a rewiring of the house is required to use it – for most people a minimum of $6,000 for a 300 ampere electric service. Add a $1,500 wall box and to me it is obvious only the most die hard people will bother with this since a plain old 32 amp charging rate is perfectly fine for the other 99% of people. When that isn’t fast enough you can always publicly fast charge it.
– 40 amp QMERIT electrician outlet installs OR 2 years free fuel at sparsely seen charge point or EVGO fast chargers; of which I have little or no need for either, as well as a free 220 charger (32 amp which is of semi-usefulness, but people who already own an existing EV will have essentially this anyway already).
-Most of the electronic crap I also don’t need, but perhaps I’m just showing my age… The 3 bulleted items above could easily shave $3,000 off the manufacturing cost, and Cadillac could have lived up to its word as to what the MSRP will be.
Probably most of the above crap will be removed from the 2024 models. The very CHILDISH black and white Caddy web site looks like it was spec’d by a reasonably intelligent 12 year old. Porsche and Daimler-Benz care enough about their image to never allow such horrible presentations. This has propagated over to the Cadillac Crest – now no longer multicolor and no wreath surround either…
Hopefully in spite of these flaws, the car will actually be a good value.. Let’s hope so.
No leather seat option? Who drives a luxury vehicle while sitting on plastic seats? EVgo….is almost worthless in most areas! And home install credit may help as long as it is not over priced. Forget about a charging at 19 KWh, you will need about 80 amp circuit which is very expensive to install!
Both Mercedes and BMW do the same thing, they have MB Tex and Sensatec, and they even put it in vehicles that are far more expensive than 60k.
One little factoid I learned during the local LYRIQ roadshow at my dealer back in November from the GM big expert that I have heard mentioned no where else:
The $1,500 QMERIT voucher is only good toward wiring only…. If you want an 80 amp wall box (around $1,500 to $2,300) you have to spring for that totally yourself. I think in Calendar year 2022 there is no 30% federal rebate although your particular state may have some incentives.
30% federal rebate does apply to tax year 2022 through 2032. (30% of expenses with a maximum rebate of $1000) Some states have have incentives in addition to the fed rebate.
Georgia? It’s one of the worst states to embrace EVs. Gasoline is now getting cheaper but not as good as when Trump was President and the state is still waiving the high state tax per gallon.
No way would install a huge 80 amp circuit which would never repay itself. I may just stay with the lower amperage in order to save 1000s of dollars!
Instead of spending time publishing notices about “future” Lyriq features / pricing and China rollout news (along with bad TV commericals), GM should concentrate on actually making the vehicle and supplying it to the customers. No one wants to hear about vehicles that are several years out before being mass produced and actually available to buy (Equinox EV another example). Based on the Lyriq production numbers I think they have produced between 2-3 percent of the orders they received (backlogged) and probably fewer than 2% of the orders have been completely filled – picked up by the customer. I have never seen a Lyriq on the road yet. This vehicle is starting to resemble the Ford Maverick hype….massive orders but very limited production numbers due to parts contraints, however there are no part constraints on any of their top of the line $$ pickups. My Lyriq order is 4 months old…which is fine since you don’t want to take delivery before Jan 1. However after March 31, the $7500 credit has a good chance of going to $3500…which may entice me to pull my order and buy something else..or nothing. My dealer wanted $1000 down (signed contract) with restrictions about backing out in the fine print. However that all went out window once 90 days went by with no delivery.
Down to 3500! Oh but hardly the reason to pull out on the Lyriq? I am pulling out of non real leather seats. And think about the Volvos that don’t have even 7500!