The Cadillac Lyriq is likely one of the extra compelling EVs to hit the market just lately and patrons within the U.S. will likely be happy to know {that a} tempting new lease deal has been launched for it.

A bulletin just lately despatched to Cadillac sellers reveals that Lyriq lease costs have been reduce by $7,500 by way of a ‘residual worth lease assist’ program when leased by way of GM Monetary. Nevertheless, it’s price noting that Cadillac has jacked up Lyriq residual values to introduce this $7,500 low cost.

Learn: Cadillac Targets Tesla House owners With Lyriq Check Drives At Supercharger Stations

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The Lyriq is now a compelling EV no matter whether or not customers wish to purchase it or lease it. As it’s constructed within the U.S., these seeking to buy it outright will obtain a $7,500 federal EV tax credit score. It had beforehand not been obtainable with the identical $7,500 lease money deal as some rivals however that has now modified. Automobiles Direct notes that previous to the lease deal being launched, the Lyriq was obtainable to lease for $959 every month for 36 months plus a further $4,969 due at signing.

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Discovered beneath the pores and skin of all Cadillac Lyriq fashions is a 102 kWh lithium-ion battery pack that drives an electrical motor on the rear axle with 340 hp and 325 lb-ft (440 Nm) of torque in commonplace kind. These in search of some further efficiency can go for the all-wheel drive model that packs 503 hp and 524 lb-ft (710 Nm) of torque. In February, the Lyriq was up to date for the 2024 mannequin yr and the vary of the rear-wheel drive mannequin now sits at 308 miles (495 km) as an alternative of 312 miles (502 km) whereas the all-wheel drive mannequin has a variety of 307 miles (494 km).

The 2024 Cadillac Lyriq is out there in Tech, Luxurious, and Sport configurations.

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