Cadillac Lyriq Lease $299: The Cadillac Lyriq is a fully electric luxury SUV that combines style, performance, and advanced technology. Cadillac has recently introduced attractive leasing offers for the Lyriq, making it more accessible to a wider range of customers. The Cadillac Lyriq is a fully electric luxury SUV designed to offer performance, style, and technology.
With the growing demand for electric vehicles (EVs), Cadillac has introduced competitive leasing offers to attract more buyers. One of the most talked-about offers is the Cadillac Lyriq lease for $299 per month. But is this offer real? What are the terms and conditions? Let’s break it down.
Cadillac Lyriq Lease Terms
Starting in July 2024, the 2024 Cadillac Lyriq Tech with rear-wheel drive, with an MSRP of $58,590, was available for lease for $339 per month for 36 months, with a $4,969 down payment due at signing. This equates to an effective monthly cost of $477.
This offer represented a significant reduction compared to the previous year, when the same model leased for $859 per month with similar upfront costs, totaling an effective monthly payment of $996. This represented a 52% decrease in year-over-year lease costs.
Current Lease Offers of Cadilac Lyriq
Starting March 2025, Cadillac offers several leasing options for the Lyriq electric SUV. These are some of the current offers:
2025 Cadillac Lyriq Luxury 1 RWD (Nationwide): Lease for $509 per month for 36 months with a $4,799 down payment due at signing. This lease includes a 10,000-mile annual allowance and no security deposit.
2024 Cadillac Lyriq Sport 3 AWD (Miami Market): Lease for $818 per month for 36 months with a $4,318 down payment due at signing. This offer also includes a 10,000-mile annual allowance and no security deposit.
2025 Cadillac Lyriq Luxury 4-door with 1SC: Lease for $869 per month for 36 months with a $2,999 down payment. This lease includes a 10,000-mile annual allowance. Boulevard GMC in Signal Hill, CA: Offers two lease specials:
- $379 per month for 24 months with a $4,999 due at signing.
- $449 per month for 24 months with a $4,999 due at signing.
In addition, Cadillac offers a $2,000 cash incentive for owners or lessees of competitive luxury brand vehicles, applicable to the purchase or lease of a new Lyriq.
Please note that lease offers may vary based on location, dealer participation, and individual credit approval. For the most accurate and up-to-date information, we recommend contacting your local Cadillac dealer or visiting the official Cadillac website.
Models and Pricing
The Cadillac Lyriq is available in different trim levels, which can affect the lease price. These are the main models and their starting MSRPs:
Lyriq Tech: Starting at $58,590
Lyriq Luxury: Starting at $62,690
Lyriq Sport: Starting at $63,190
Higher trim levels include additional features but may have higher lease rates. It’s important to check with local dealers for the most up-to-date lease prices.
What Affects Your Lease Payment?
Several factors influence the cost of leasing a Cadillac Lyriq:
Location: Lease prices depend on the dealer and state incentives.
Trim: The base model may have lower lease rates, while higher trim levels cost more.
Down Payment: Some offers require a higher down payment to achieve a lower monthly payment.
Credit Score: A good credit score is necessary to qualify for the best leasing rates.
Lease Term: Typical lease terms are 24, 36, or 48 months, which affects the monthly cost.
Mileage Allowance: Standard leases include between 10,000 and 12,000 miles per year; exceeding the limit may incur fees.
According to recent reports, most Cadillac Lyriq lease offers are around $339 per month for 36 months, with a $4,969 payment due at signing. This results in an effective monthly cost of approximately $477.
Cadillac Lyriq Features
The Cadillac Lyriq is packed with cutting-edge technology and luxury features, including:
- Over 300 miles of range on a full charge
- 33-inch LED display that combines infotainment and driver information
- Super Cruise technology for hands-free driving on compatible highways
- Dual-motor all-wheel drive option for enhanced performance
- Fast-charging capability for up to 75 miles of range in 10 minutes
- Premium interior materials and ambient lighting
Leasing Process
If you’re interested in leasing a Cadillac Lyriq, here’s what you can expect:
Check your credit score: A higher credit score may offer better lease terms.
Shop for deals: Visit the Cadillac website or your local dealerships to find the best lease deals.
Compare lease terms: Consider factors such as down payment, monthly cost, mileage limits, and incentives.
Negotiate the lease: Dealers may adjust terms based on available incentives and promotions.
Review the lease: Make sure you understand all terms, including early termination fees and mileage restrictions.
Take delivery of your vehicle: Once the lease is signed, you’ll be ready to drive away with your new Cadillac Lyriq.
Tips for Getting the Best Lease Deal
If you’re interested in leasing the Cadillac Lyriq, follow these steps to get the best deal:
Check with local dealers: Offers may vary, so compare several dealers.
Look for incentives: Some states offer tax credits and rebates for leasing electric vehicles.
Negotiate terms: Ask about lower down payments or better mileage options.
Understand the rates: Read the lease agreement to avoid hidden fees at the end of the lease.
Is the Cadillac Lyriq worth leasing?
Leasing a Cadillac Lyriq has pros and cons:
Pros:
Lower monthly payments: Leasing costs less per month than financing.
No long-term commitment: You can upgrade to a new car after the lease is up.
Warranty coverage: Most repairs and maintenance are covered by the warranty.
Disadvantages:
Mileage Limits: Lease agreements often have mileage restrictions.
No Title: No equity is built in the vehicle.
Potential Charges: Excessive wear and tear may result in additional charges.
Summury
Leasing a Cadillac Lyriq can be a great way to drive a luxury electric vehicle with lower monthly payments than buying one. While the advertised rate is typically around $699 per month, various factors and promotions may affect the actual payment. Always check with your local Cadillac dealer for the most up-to-date offers and be prepared to negotiate the best possible terms.
