Cadillac Lyriq: A Bold Move in the Electric SUV Market!
Are you in the market for a luxury electric SUV? The Cadillac Lyriq might just be the car that catches your eye - for better or worse. Let's dive into what makes this vehicle stand out and why it might be a surprisingly good deal.
The Lyriq's Unique Design: Love It or Hate It
The Cadillac Lyriq's design is, well, polarizing. It's reminiscent of early 2000s SUVs like the Pontiac Aztek or Buick Rendezvous, but with a futuristic twist. While its looks might not be everyone's cup of tea, there's no denying it makes a statement.
Impressive Sales Despite Mixed Reception
Surprisingly, the Lyriq is selling well:
20,300 units sold so far this year
Up from 9,000 last year
This puts it ahead of competitors like the BMW iX, Audi e-tron, Mercedes EQE, and Genesis GV70e in terms of sales volume.
Inventory and Availability
Cadillac has about 6,700 Lyriqs available, split between:
2,600 RWD models
4,100 AWD models
This relatively high inventory compared to competitors suggests there might be room for negotiation.
Pricing and Discounts
Let's break down the numbers for a Lyriq Luxury 1 AWD:
MSRP: $63,315
Potential discount: 6.5% off
Target selling price: $59,200
But wait, there's more! With current rebates and incentives, you could potentially get the price down to $46,200. That's a significant saving!
Lease vs. Buy
While leasing options are available, buying might be the smarter choice in this case. Here's why:
The car holds 67% of its value after 3 years
With the potential discounts, you could save more by buying and selling later
The Verdict
The Cadillac Lyriq is an intriguing option in the electric SUV market. While its design might not be for everyone, the potential savings and impressive range (312 miles) make it worth considering.
If you're in the market for a luxury electric SUV and can get past the unique styling, the Lyriq could be an excellent choice, especially if you can secure a good deal.
What do you think about the Cadillac Lyriq? Would you consider it despite its unconventional design? Let us know in the comments!
Remember, always do your research and consider your personal needs when shopping for a new car. And if you found this information helpful, don't forget to like and subscribe for more automotive insights!
