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Cadillac Lyriq Lease Continues $7,500 Off In December 2023

In December 2023, a Cadillac Lyriq lease price slash of $7,500 continues to be available on the 2024 Cadillac Lyriq into next year, according to a report by CarsDirect.

Local market leases are available as well on all trim levels of the all-electric luxury compact crossover, Cadillac’s first EV.

Local market leases remain available on the 2024 Cadillac Lyriq, an all-electric luxury compact crossover, shown here in the Sport trim.

Cadillac Lyriq Incentives

Cadillac Lyriq lease offers in December 2023 are as follows:

  • 2024 Lyriq Tech RWD
    • $837 per month for 48 months
    • Ultra low-mileage lease with 10,000 miles per year
    • $5,837 due at signing for current lessees of a 2018 model year or newer vehicle (after all offers)
    • $0 security deposit
    • Available in the New York City market area
  • 2024 Lyriq Sport 3 AWD
    • $1,229 per month for 48 months
    • Ultra low-mileage lease with 10,000 miles per year
    • $6,229 due at signing for current lessees of a 2018 model year or newer vehicle (after all offers)
    • $0 security deposit
    • Available in the Miami market area

Cadillac Lyriq Pricing

For reference, here are the 2024 Cadillac Lyriq trim levels and their corresponding starting MSRPs, which include a destination freight charge of $1,395:

  • Tech – $58,590
  • Luxury – $62,690
  • Sport – $63,190

About Cadillac Lyriq

Introduced for the 2023 model year, the Cadillac Lyriq stands as the luxury marque’s first entry into the budding EV market.

The 2024 Cadillac Lyriq arrives with several important changes and updates. Among these is the introduction of the new Tech and Sport trim levels, with the Luxury trim level slotting between those. Furthermore, the 2024 Lyriq Luxury 3 and Sport 3 are now available with 20-inch wheels. All three trim levels (Tech, Luxury, Sport) are available in the U.S. with either rear-wheel or all-wheel drive.

The 2024 Cadillac Lyriq is the first GM vehicle in North America to feature 5G network connectivity, standard on all trim levels. The 2024 Lyriq also gets a new power panoramic dual-panel sunroof along with a newly available Nappa Leather seating package, which is genuine leather made from calfskin or other types of soft cowhide, and a new trailer hitch.

Regardless of the trim level selected, 2024 Cadillac Lyriq maximum range-per-charge is 314 miles for rear-wheel-drive models, with motor output set at 340 horsepower and 325 pound-feet of torque, and 307 miles for all-wheel-drive models, with motor output set at 500 horsepower and 450 pound-feet of torque. Additionally, the 2024 Lyriq AWD offers a new Velocity powertrain upgrade, boosting torque by 74 pound-feet, raising the peak rating from 450 pound-feet to 524 pound-feet. GM asserts that the zero to 60 mph time improves from the standard AWD variant’s 4.7 seconds to 4.4.

The all-electric luxury crossover rides on the GM BEV3 platform, while GM Ultium batteries pair with GM Ultium Drive motors for motivation.

As of October, 2024 Cadillac Lyriq shoppers can now perform inventory search on the brand’s website.

The Chevy Blazer EV and Cadillac Lyriq will temporarily lose the U.S. EV tax credit of $7,500 at the turn of the new year, as will most other EVs except the Chevy Bolt EV and Chevy Bolt EUV, due to “Treasury proposed strict rules disqualifying all EVs with certain foreign battery content including low-value components.”

The online configurator tool is live for the 2024 Lyriq.

Disclaimers

  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for these Cadillac Lyriq lease offers.
  • Residency restrictions apply.
  • Offers might not be available with special finance, lease, and some other offers.
  • All offers are nationally available, unless noted otherwise.
  • Additional discounts may be available in certain markets.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority is not responsible for any omissions, misprints, or any other errors.

Vince grew up in a GM family, likes manuals, and thinks this is the golden age of the automobile.

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Comments

  1. Ya,because they are not moving off the lots.

    Reply
  2. Put an ice in it Maybe ..Let Mary get stuck with all of them

    Reply
  3. They seem to be selling fairly well in my area. I see one or two move off inventory every week and have now seen several in the area. And the lease I don’t think is going to encourage. The tech payments are 46K for a 58K car. No thanks. And I thought gm gets to keep the 7500 so an even worse proposition.

    Reply
  4. Build and Price configurator is horrible…. Takes forever to figure out what is standard, what is optional, and what is unavailable…

    For instance, On the first page it says that with the SPORT 3 (the fanciest trim with most things standard that you can get, that starts over $71,000), that you MAY WANT to order a 19.2 kw charging facility (was $1,980, then $1,680, but now unavailable).

    When clicking on the standard features elaboration – the list says it INCLUDES the 19.2 kw (80 amp) charger, presumably for free..
    But when going through the build process you find that the 11.5 kw (48 amp) charger is standard, and when looking at the options tab (where traditionally the bigger charger option has resided) is clicked – you find that the bigger charger is unavailable.

    That coincides with what one commenter has stated here – that he was told by his dealer that he could not order the 19.2 kw (80 amp) option. This now unavailable OPTION was included in every RWD 2023 LYRIQ, which was a wasted effort in almost all cases (as it is on mine – the standard 110/220 volt (0.9/1.4/7.6 kw) charging cord with 8/12/32 ampere capability is all I’ll ever use). In my area, the largest public charging docking stations also max out at 32 amperes tops.

    One good thing is that 20″ Standard Profile wheels are a $1,000 credit delete option, that do not ruin the tire and bend the wheel when hitting a pothole. I’ve had my fill of low profile wagon wheels with my former ELR.

    Easiest way to see what the vehicle you are interested in includes is to ask the dealer in question to fax you a copy of the Window Sticker…. It would be better if they just included that info on their website… Toyota Does on their materials.

    Reply
  5. Cadillac dealers can’t survive on this crap.

    Are they offering buyouts? No way they can keep going when GM is ignoring their aging ICE offerings in favor of EV’s that are just not proving very popular.

    Reply
    1. Correct,they are going to be duds in the long run.

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    2. As long as slades sell, they will be fine. Caddy has lived off slades for over a decade now. It is their primary profit center.

      Reply
  6. So if I’m reading this correctly, $7.5K discount from the dealer and $7.5 tax incentive post tax filing? For a wonderful vehicle like this, $15K savings don’t sound too bad.

    Reply
  7. Funny,,,,they couldn’t make enough (hardly any) to fill orders a year ago and they are now trying to lease them?? Doesn’t make a lot of sense but I suspect most depositors (like me) dropped out after wating more than a year and not seeing a single unit at their dealership. I bought a 2024 C8 after waiting 26 months … only because the 1K deposit was non-refundable whereas on the Lyriq it was refunded. I think my days of waiting for a vehicle are over… foreign car like a German or Toyota or Honda from now on if they are on the lots or coming in. I put a reservation in on the Equinox EV (no money down this time) about 8 months ago but will probably never take one. I wanted a cheap EV to use as a runabout like my Maverick but that never happened either. GMs cheap 30K base unit was delayed and instead they came out with a 50K unit to push on the consumer…not what the consumer wanted in an Equinox. I suspect those sales will drop off sharply …way overpriced for that model. Even when the base Equinox EV is released (if ever) I suspect that 30K will be just under 40K and still overpriced. I have no faith in any pricing declarations from GM about unreleased models. It shouldn’t be allowed and I think it is only a scam to try and hold consumers interest irresponsibly. Another issue is that the North does NOT have a working infrastructure to support EVs for trips unless you can spend a lot of time and money ($.60 /KW at Telsa chargers here) . EVs are no longer a price savings with gas at $2.75 here. It costs more to charge now than to fillup. Complete reversal from a few years ago. I guess my free 50KW charger will sit unused for the forseeable future.

    Reply
    1. I like the Lyric styling and features, but not considering for purchase until a) charging speed increases, b) NACS charger outlet is built-in, and c) charger location is moved to driver rear or passenger front (so I don’t get in a brawl at a Tesla Supercharger)

      Reply
      1. Don’t hold your breath. They still will not sell.

        Reply
  8. There is a huge dip in the charging rate when fast charging… I’VE charged mine from 1% to 100% and can verify that around the 85% state-of-charge mark the charging rate drops to 3 kw (!!!!!) at a fast charger…

    If you charge at a somewhat less capable fast charger, the tapering is reduced, or if you charge at a level 2 rate of 7 kw, the battery never tapers at all. It seems the ULTIUM system will only allow faster charging for a bit, and then will throttle excessively back if it has been charging faster than it likes.

    Overall, the battery seems to be conservatively rated – the listed 102.5 kilo-watt-hour battery seems to be at least 106 kwh.

    That is to the plus side of things. The downside is that being 50% larger than the BOLT battery which has been constantly criticized as fast charging much too slowly, with the LYRIQ only seems to charge overall about 50% faster – or in other words similarly given the LYRIQ’s battery size – or around 75 kw overall long term.

    Of course, such a slow charge rate means that, at a smaller fast charger such as 50 kw 125 ampere, or 100 kw 200 ampere units, that the battery never really ‘fast’ charges considering its size. It really doesn’t charge any faster than my VOLT battery does with a 7.6 kw charger – since the LYRIQ battery is around 9 times the size.

    I suspect to save money, the refrigeration system in the LYRIQ is only large enough for the cabin, which coincidentally can remove heat at also 150% the rate of the Bolt EV.

    Seeing as in my case they took a month to give me a new battery installed, I’ll take the slower charging rate as long as it remains reliable.

    Reply

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