Deals are being offered on the Cadillac Lyriq, including a lower comparison rate for buyers who finance the electric SUV plus substantial discounts.
The offers are available until September 30, 2025, unless extended, and while stocks last. All offers require you to take delivery of a Lyriq by November 30.
Cadillac Australia is offering, through lender Plenti, a comparison rate of 1.99 per cent per annum over a term of up to 48 months, and with no balloon payment.
The US luxury brand is also offering Lyriqs with the combined value of on-road costs and Luxury Car Tax (LCT) taken off the total drive-away price.
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That means buyers will not only avoid paying the value of the LCT, they also won’t pay for the cost of stamp duty, registration and Compulsory Third Party (CTP) insurance.
The Lyriq drive-away price therefore is brought down to $114,935 for the Luxury, or $116,473 for the Sport.
On-road costs vary between each state and territory. Here’s how much you can save depending on where you live:
| State | Total saving |
|---|---|
| NSW | $13,839 |
| VIC | $13,108 |
| QLD | $12,786 |
| ACT | $8799 |
| SA | $12,800 |
| WA | $16,405 |
| TAS | $12,580 |
| NT | $11,393 |
Cadillac already offers either a complimentary home charger or three years of free public charging when you buy a Lyriq, plus five years of free servicing.
It says if you order a new Lyriq, you can take delivery in September. However, the company also has a selection of inventory on its website, featuring discounts of up to $15,424.
Cadillac started local deliveries in Australia early this year and sells vehicles through an agency model, whereby it owns its own stock and sells it at a fixed price, much like fellow luxury brands Mercedes-Benz and Genesis.
By eschewing the traditional dealer franchise model employed by Audi and BMW, it means the retail network is destined to expand much more slowly.
Cadillac has just one retail location at present – located in Sydney – with a second location opening later this year in Brisbane.
The brand isn’t yet reporting its monthly sales numbers via VFACTS, and has confirmed it doesn’t plan to do so this year – unlike fellow General Motors brands Chevrolet and GMC, which are sold through the GM Specialty Vehicles dealer network.
Cadillac isn’t the only brand offering deals in this segment.
Audi is offering its rival Q6 e-tron with a zero per cent per annum comparison rate, also until September 30, while Mercedes-Benz is advertising EQE SUVs on its website with savings of between $24,735 and $27,956.