Used EVs are becoming some of the best bargains on the market, with steep early depreciation putting vehicles that once cost close to $60,000 within reach for around the price of a new Toyota RAV4.This particular luxury SUV is a perfect example.At just three years old, well-cared-for models can be found for roughly $35,000, giving buyers access to a genuinely upscale interior, more than 300 miles of driving range, and the kind of technology usually associated with far more expensive vehicles.
The value becomes even more compelling when you consider what you get for the money.Rather than settling for a mainstream crossover, buyers can get a spacious electric SUV with premium materials, massaging and ventilated seats, a massive curved display, and a high-end 19-speaker sound system.With a choice of rear- or all-wheel drive and up to 500 horsepower, it also offers considerably more performance than most new SUVs in this price range.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Cadillac websites and other authoritative sources, including the EPA and Edmunds.Related I thought this 2026 Genesis GV60 would blow me away—it's just another EV Despite a tech-focused interior and excellent range, the 2026 Genesis GV60 feels average for the price.Posts By Carl Anthony You can get a 2023 Cadillac Lyriq for just over $35,000 A mid-size luxury SUV for the price of a RAV4 Close For the most part, electric vehicles depreciate pretty harshly in their first couple of years on the road.
This might be less than ideal for those that are aiming to buy one new, but it means that those willing to buy used have access to some fantastic deals.One such deal is the 2023 Cadillac Lyriq.Despite it being only three years old, there are well-cared for examples that go for the same price as a new mid-trim RAV4.
Only one trim to choose from Model (2023) Average list price Luxury $35,893 While new EV prices are slowly but surely coming down, large models like the Lyriq still demand a pretty high price.Back when it was new, the 2023 model year started at $59,990, which was actually a lot cheaper than other mid-size luxury EVs.Despite undercutting its rivals, we think that it was among the best options you could buy, coming loaded with tech and high-end luxuries.
Three years later, you can get the 2023 Lyriq for half price on the used market.When it launched, Cadillac only offered the Lyriq in one fully-loaded trim.This means that the only choice you have to make when shopping for a used model is whether you want the single-motor, rear-wheel drive model or the dual-motor, all-wheel drive model.
While dual-motor models do list for a slightly higher price, we think they are well worth the money, delivering some impressive amounts of power and stout towing capabilities.Related Why buy a basic compact car when this plush electric SUV costs less than $25,000? For less than the price of a new Corolla, this plush EV delivers quite a lot of luxury.Posts 1 By Tyler Dupont Cadillac delivers a sleek, tech-focused cabin with the Lyriq High-end luxury on par with its competitors Close Despite being cheaper than its rivals, the Cadillac Lyriq is every bit as luxurious on the inside.
The American automaker has clearly found their stride with their new electric lineup, and the Lyriq showcases some of the best and most impressive features.It looks great, inside and out, and also offers tons of interior room for passengers and cargo.Exceptionally plush for a $35k SUV Front row headroom 38.6 inches Front row legroom 41.4 inches Second row headroom 37.7 inches Second row legroom 39.6 inches Cargo capacity (behind second row) 28 cubic feet In terms of passenger space, the Lyriq is just as good as any of its rivals.
While its spec sheet shows that headroom isn't particularly generous, even especially tall passengers will find that they fit quite comfortably.The trunk here might not be quite as large as what you'd get from some other mid-size luxury EVs, but there is still more than enough room for a couple of suitcases.Cadillac has really nailed the interior design of the Lyriq.
It comes richly appointed with plush materials, such as bright metallic trim and open-pore wood.Even the storage tray under the floating center console is lined with leather upholstery.You get a lot of standard luxuries here as well, including things like power-adjustable massaging front seats, heated and ventilated front seats, heated rear seats, a panoramic fixed glass roof, and ambient interior lighting.
Infotainment and technology The focal point of the Lyriq's dashboard is its massive 33-inch curved advanced LED display.This single screen serves as both the digital gauge cluster and the infotainment system.Graphics are incredibly crisp, and the system is very easy to navigate.
The infotainment system can be controlled via touch inputs or a rotary dial on the center console.All the tech features you would expect in a high-end luxury EV are present here, including wireless Apple CarPlay and Android Auto, a wireless smartphone charging pad, and Wi-Fi hotspot capability.The infotainment system includes Google built-in, meaning you can natively access things like Google Maps and Google Assistant.
You also get a fantastic 19-speaker AKG sound system, which includes active noise cancellation.Related 10 luxury SUVs that are cheap to maintain and rarely need repairs You don’t need deep pockets for premium comfort, thanks to low upkeep costs.Posts By Tyler Dupont The Lyriq comes equipped with a large battery and powerful motors It offers versatile performance and a good amount of range While the Cadillac Lyriq isn't the most entertaining EV as far as driving dynamics go, it is an incredibly successful luxury cruiser.
Riding on GM's Ultium platform, the Lyriq comes with a pretty large battery pack as well, meaning that despite its size and its perky motors, it still manages a reasonable amount of range on a single charge.Quicker than gas-powered rivals at this price point Motors Single motor Dual motor Horsepower 340 HP 500 HP Torque 325 LB-FT 450 LB-FT Driveline RWD AWD 0-60 MPH 5.7 seconds 4.6 seconds As we touched on, the only choice you have to make when buying your used Lyriq is whether you want the single-motor or dual-motor setup.While you get a little more range by opting for the 340-horsepower, rear-wheel drive model, we think that the extra power and versatility you get from the all-wheel drive model is well worth the upgrade.
As well as being quicker off the line, it comes with a stout 3,500 pound tow rating.Cadillac has leaned fully into the luxury identity of the Lyriq, meaning that it doesn't convey much sportiness.We don't really think this is a problem, though, as it is meant to be an SUV that you cruise around quietly in.
This is further emphasized by its regenerative braking, which allows for one-pedal driving in most scenarios.Every model is rated for over 300 miles of range Model City Highway Combined Range RWD 97 MPGe 82 MPGe 89 MPGe 312 miles AWD 96 MPGe 81 MPGe 89 MPGe 307 miles Every 2023 Lyriq comes equipped with the same 102-kWh battery pack, which means that every model is capable of over 300 miles on a single charge.Rear drive models do go a little further before their battery is depleted, but we're impressed with how well all-wheel drive models do, considering they put down a lot more power.
You don't have to spend big to get a luxurious electric SUV If you're not scared of a couple of miles on the odometer, used luxury EVs offer some of the best value for money that you can get.The Cadillac Lyriq demonstrates this perfectly.It comes with a comfortable and spacious interior that is packed to the brim with top-notch materials and innovative technology, but it lists for the same price as a new Toyota RAV4.
Capitalizing on the heavy early depreciation of EVs means you can get a lot of car for your money.
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