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.