During Q3 2023, Cadillac Escalade sales rose 12 percent to 6,821 units, while Cadillac Escalade ESV sales notched just a one percent increase to 3,879 units. Over the course of the same timeframe, the average transaction prices (ATPs) of the two luxury full-size SUVs also made notable gains.
According to a report from Cox Automotive, the ATP of the Cadillac Escalade and Cadillac Escalade ESV during Q3 2023 rose seven and six percent, respectively, to $114,004 and $116,496. Overall, Cadillac’s average transaction price stood at $72,224 in the third quarter, which represents a five percent increase over Q3 2022 figures.
In regard to General Motors as a whole, the Detroit-based automaker posted a 21 percent increase for a total of 669,199 vehicles sold during Q3 2023, while ATPs rose one percent to $52,117.
Looking forward, a mid-cycle refresh is expected for the 2025 Cadillac Escalade. The luxury full-size SUV should receive a slew of updates and improvements, including revised exterior styling, new alloy wheel designs with sizes ranging up to 24 inches, new paint colors, a reworked cabin with a pillar-to-pillar infotainment screen and 5G connectivity, among other things. Here’s what we know and expect regarding the 2025 Escalade.
As a reminder, the current Cadillac Escalade is powered by one of two engine options, including the naturally aspirated 6.2L V8 L87 gasoline engine, rated at 420 horsepower and 460 pound-feet of torque, and the 3.0L I6 LM2 turbodiesel Duramax, rated at 277 horsepower and 460 pound-feet of torque. Meanwhile, the high performance Cadillac Escalade-V features the supercharged 6.2L V8 LT4 gasoline engine, which develops 682 horsepower and 653 pound-feet of torque.