2024 Cadillac Lyriq Lease Deals, Incentives, Rebates, and Prices

kyfdx

jjb2356 said:

kyfdx said:

jjb2356 said:

kyfdx said:

jjb2356 said:

Hi there can you provide the October 2024 numbers (MF and RV) for a 2024 Lyriq Tech AWD - 24/15 and 36/15 for 78610? As well as a Luxury 1 and Sport 1? Thank you for your help!

Lux 1 and Sport 1: AWD or RWD?

AWD for both

Tech
.00131 MF and 78% residual
.00115 MF and 67% residual
Lux 1
.00160 MF and 77%
.00140 MF and 66%
SPT 1
.00164 MF and 77%
.00143 MF and 66%

Thank you for the info! Is there a reason the Edmunds Lease Calculator has original values that don't line up to what you provided above?

No idea. I don't have anything to do with the lease calculator

simplyskeptic

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

Michaell

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

simplyskeptic

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

Michaell

simplyskeptic said:

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

.00131 MF and 70% RV
.00178 MF and 71% RV

simplyskeptic

Michaell said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

.00131 MF and 70% RV
.00178 MF and 71% RV

Thank you, the local dealer did offer the same figures for MF & RV but said the 71% RV was a condition of the 7,500 EV Tax Credit as opposed to the 7,500 being taken off the MSRP. I asked what these numbers would look like for a person who did not qualify for the EV credit, and he said the RV would be reduced by 7,500 (effectively making it ~ 60% RV). Perhaps I wildly misunderstand how this credit gets applied to lease, but does that sound legit?

kyfdx

simplyskeptic said:

Michaell said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

.00131 MF and 70% RV
.00178 MF and 71% RV

Thank you, the local dealer did offer the same figures for MF & RV but said the 71% RV was a condition of the 7,500 EV Tax Credit as opposed to the 7,500 being taken off the MSRP. I asked what these numbers would look like for a person who did not qualify for the EV credit, and he said the RV would be reduced by 7,500 (effectively making it ~ 60% RV). Perhaps I wildly misunderstand how this credit gets applied to lease, but does that sound legit?

What we've heard, anecdotally, is the $7500 is added to the residual, rather than passed along as a rebate.

So, the effective residual would be 70% of MSRP plus $7500.

With a lease, you don't have to qualify, as the bank is the owner, not you.

If the anecdotal evidence is wrong, then it would just the the 70%. There is no program where they reduce the residual by $7500

simplyskeptic

kyfdx said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

.00131 MF and 70% RV
.00178 MF and 71% RV

Thank you, the local dealer did offer the same figures for MF & RV but said the 71% RV was a condition of the 7,500 EV Tax Credit as opposed to the 7,500 being taken off the MSRP. I asked what these numbers would look like for a person who did not qualify for the EV credit, and he said the RV would be reduced by 7,500 (effectively making it ~ 60% RV). Perhaps I wildly misunderstand how this credit gets applied to lease, but does that sound legit?

What we've heard, anecdotally, is the $7500 is added to the residual, rather than passed along as a rebate.

So, the effective residual would be 70% of MSRP plus $7500.

With a lease, you don't have to qualify, as the bank is the owner, not you.

If the anecdotal evidence is wrong, then it would just the the 70%. There is no program where they reduce the residual by $7500

Thank you for that information!

I actually misspoke earlier, they quoted me .00250 for MF - which seems pretty high.
My temptation to hire a broker is getting stronger and stronger.

hipoporay

Hello kyfdx. First, thanks again for helping the community. I hope we can repay you back in some way.
I read the last few pages and would like to confirm the following for Zip 95032, 24/12, AWD:
1) Terms - does Oct match Sep?
Lux 2 AWD .00160 MF 75% res.
Lux 1 AWD .00160 MF 78% res.
Sport 2 AWD .00159 MF 74% res
Sport 1 AWD .00164 MF 78% res.
2) I see at least one ad for "lease cash allowance" at $2500 (new for Oct). Can you confirm?
3) Conquest still on for certain luxury brands at $3000?

kyfdx

simplyskeptic said:

kyfdx said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Michaell said:

simplyskeptic said:

Good afternoon.
Can you provide MF/RV for the following models @ zipcode 37122 - Thank You

2024 LYRIQ Sport 2 RWD
2024 LYRIQ Luxury 2 RWD

What lease term and how many miles per year?

24/month 12k miles on both - Thanks!

.00131 MF and 70% RV
.00178 MF and 71% RV

Thank you, the local dealer did offer the same figures for MF & RV but said the 71% RV was a condition of the 7,500 EV Tax Credit as opposed to the 7,500 being taken off the MSRP. I asked what these numbers would look like for a person who did not qualify for the EV credit, and he said the RV would be reduced by 7,500 (effectively making it ~ 60% RV). Perhaps I wildly misunderstand how this credit gets applied to lease, but does that sound legit?

What we've heard, anecdotally, is the $7500 is added to the residual, rather than passed along as a rebate.

So, the effective residual would be 70% of MSRP plus $7500.

With a lease, you don't have to qualify, as the bank is the owner, not you.

If the anecdotal evidence is wrong, then it would just the the 70%. There is no program where they reduce the residual by $7500

Thank you for that information!

I actually misspoke earlier, they quoted me .00250 for MF - which seems pretty high.
My temptation to hire a broker is getting stronger and stronger.

Shop other dealers

kyfdx

hipoporay said:

Hello kyfdx. First, thanks again for helping the community. I hope we can repay you back in some way.
I read the last few pages and would like to confirm the following for Zip 95032, 24/12, AWD:
1) Terms - does Oct match Sep?
Lux 2 AWD .00160 MF 75% res.
Lux 1 AWD .00160 MF 78% res.
Sport 2 AWD .00159 MF 74% res
Sport 1 AWD .00164 MF 78% res.
2) I see at least one ad for "lease cash allowance" at $2500 (new for Oct). Can you confirm?
3) Conquest still on for certain luxury brands at $3000?

MF/RES are correct

2) I don't see this
3) No info on conquest

zmazy23

if im in 77375, and dealership is in another state, are the programs based on where dealer is located or where car is registered?

Or it doesnt matter becasue the MF, residual and incentives for each trim regardless of location are the same?

kyfdx

zmazy23 said:

if im in 77375, and dealership is in another state, are the programs based on where dealer is located or where car is registered?

Or it doesnt matter becasue the MF, residual and incentives for each trim regardless of location are the same?

Cadillac numbers are national

jonnyboy7

Hello, could I please request lease MF, residual and incentives for Sport 2 AWD and Sport 3 AWD, 24 / 12k and 24 / 15k, zip 94707? Thank you!

Michaell

jonnyboy7 said:

Hello, could I please request lease MF, residual and incentives for Sport 2 AWD and Sport 3 AWD, 24 / 12k and 24 / 15k, zip 94707? Thank you!

24/15
2 - .00159 and 73%
3 - .00175 and 70%
No lease incentives

Ayman

Hi, could you please verify if the lease estimate (see image below)for the 2024 Cadillac Lyriq Luxury 2 RWD (loaner, owned by the dealer for 5 months with about 1,500 miles) has appropriate MF, residual and terms for a 36/12k lease in zip code 92869?

Also, do you have any tips for negotiating a better deal? I’m trading in a Cadillac I leased from the same dealer 26 months ago, with 10 months left on the lease.

Thanks!

kyfdx

Ayman said:

Hi, could you please verify if the lease estimate (see image below)for the 2024 Cadillac Lyriq Luxury 2 RWD (loaner, owned by the dealer for 5 months with about 1,500 miles) has appropriate MF, residual and terms for a 36/12k lease in zip code 92869?

Also, do you have any tips for negotiating a better deal? I’m trading in a Cadillac I leased from the same dealer 26 months ago, with 10 months left on the lease.

Thanks!

You have $3800 negative equity
I don't know how the loaner status affects the numbers, but the new car MF is .00135.

I don't know if it's a decent deal. Too many moving parts. I'm not sure I'd trade out of a lease and eat $3800 for this deal.

Ayman

Thanks for your input! I agree, with the $3800 negative equity, it seems too complicated. I’ll pass and wait for a better deal.

Michaell

Ayman said:

Thanks for your input! I agree, with the $3800 negative equity, it seems too complicated. I’ll pass and wait for a better deal.

Your best bet is to wait 10 months for the current lease to mature, then start shopping.

SH720

Hello, could you please provide lease MF, RV for Tech RWD and Lux 1 RWD at 24/10K and 24 /12k, zip 77479? Thank you!

kyfdx

SH720 said:

Hello, could you please provide lease MF, RV for Tech RWD and Lux 1 RWD at 24/10K and 24 /12k, zip 77479? Thank you!

24/12
Tech: .00142 MF and 76% residual
Lux 1: .00130 MF and 74% residual

a1ofakind

AWD Sport 2 & 3
MF, RV, Incentives
36/10 and 36/15
32259

I see some mentions of no lease incentives. I believe qualify for $3,000 conquest lease bc I have current car on list but doesnt the $7500 federal credit apply as well?

kyfdx

a1ofakind said:

AWD Sport 2 & 3

MF, RV, Incentives

36/10 and 36/15

32259

I see some mentions of no lease incentives. I believe qualify for $3,000 conquest lease bc I have current car on list but doesnt the $7500 federal credit apply as well?

36/15

SPT 2: .00143 MF and 62% residual
SPT 3: .00157 MF and 60% residual

We don't have conquest info

GMF isn't applying the $7500 as a CAP cost reduction, that we see.

SH720

kyfdx said:

SH720 said:

Hello, could you please provide lease MF, RV for Tech RWD and Lux 1 RWD at 24/10K and 24 /12k, zip 77479? Thank you!

24/12
Tech: .00142 MF and 76% residual
Lux 1: .00130 MF and 74% residual

Thank you. Can you also provide the numbers for 24/10 on these two trims at 77479?

Michaell

SH720 said:

kyfdx said:

SH720 said:

Hello, could you please provide lease MF, RV for Tech RWD and Lux 1 RWD at 24/10K and 24 /12k, zip 77479? Thank you!

24/12
Tech: .00142 MF and 76% residual
Lux 1: .00130 MF and 74% residual

Thank you. Can you also provide the numbers for 24/10 on these two trims at 77479?

+1% on residual

Nuthugger

RWD and AWD lux 2

MF RV and incentives

24/12
24/15

90603

Thanks in advance

Michaell

Nuthugger said:

RWD and AWD lux 2

MF RV and incentives

24/12

24/15

90603

Thanks in advance

24/15
RWD - .00178 MF and 70% RV
AWD - .00160 MF and 74% RV
No lease incentives

Cl97

Hello, could I please request lease MF and residual Lux 1 AWD and Tech 1 AWD, 24 /10k zip 60062? Thank you!

Michaell

Cl97 said:

Hello, could I please request lease MF and residual Lux 1 AWD and Tech 1 AWD, 24 /10k zip 60062? Thank you!

Tech (there is only one trim level for this) - .00131 MF and 80% residual
Lux 1 - .00160 MF and 79% residual

owang12333

Hi!
Would greatly appreciate MF/RV/Incentives on
2024 LUX3 (AWD) and Sport 3 (AWD) 24/10 in:

Zip: 92886
Zip: 91709

Thanks!

kyfdx

owang12333 said:

Hi!
Would greatly appreciate MF/RV/Incentives on
2024 LUX3 (AWD) and Sport 3 (AWD) 24/10 in:

Zip: 92886
Zip: 91709

Thanks!

Lux: .00146 MF and 71% residual
Spt: .00175 MF and 72% residual

No incentive info

DRVRWTD

Good Morning, May I pls have the MF, RV & any Dealer / Manufacturer incentives including supplier for a 2024 Cadillac Lyriq

Luxury 1 AWD
Sport 1 AWD
Luxury 2 AWD
Sport 2 AWD

Terms: 36/12 & 24/12

Zip code: 78759
TIA

kyfdx

DRVRWTD said:

Good Morning, May I pls have the MF, RV & any Dealer / Manufacturer incentives including supplier for a 2024 Cadillac Lyriq

Luxury 1 AWD

Sport 1 AWD

Luxury 2 AWD

Sport 2 AWD

Terms: 36/12 & 24/12

Zip code: 78759

TIA

No incentive info

.00160 MF and 78% residual
.00140 MF and 68%

.00164 MF and 78%
.00143 MF and 68%

.00160 MF and 75%
.00155 MF and 66%

.00159 MF and 74%
.00143 MF and 64%

Rudi

Hi! Could I get the MF, RV, and incentives on a Sport 2 and Sport 3, 24/10 and 36/10, please? Zip code is 02139. Thank you very much!

kyfdx

Rudi said:

Hi! Could I get the MF, RV, and incentives on a Sport 2 and Sport 3, 24/10 and 36/10, please? Zip code is 02139. Thank you very much!

RWD or AWD?

Rudi

AWD, thx

kyfdx

Rudi said:

Hi! Could I get the MF, RV, and incentives on a Sport 2 and Sport 3, 24/10 and 36/10, please? Zip code is 02139. Thank you very much!

Rudi said:

AWD, thx

SPT 2
.00159 MF and 75% residual
.00143 MF and 65% residual

SPT 3
.00175 MF and 72% residual
.00157 MF and 63% residual

Mversage87

Hi everyone,
Question for those who have finalized leases recently. I am near Buffalo NY, and currently speaking with a dealer near me on a 2024 Lyriq luxury 2 loaner.

The last discussions we had at the dealer yesterday were $525 a month with 2,000 down on a 24 month 10,000 mile lease. From your experience with deals you guys have seen, is this an excellent deal that I should move forward with? Thanks in advance.

Rudi

Thx!

bwags

Hello, could I please have the Mf/rv for an AWD sport 1 and sport 2 for zip 43054? 24/10 and 36/10 (unless there is a deal on a weird length like 27 or 39?). Thank you so much!

kyfdx

bwags said:

Hello, could I please have the Mf/rv for an AWD sport 1 and sport 2 for zip 43054? 24/10 and 36/10 (unless there is a deal on a weird length like 27 or 39?). Thank you so much!

SPT 1
.00164 MF and 79% residual
.00143 MF and 69% residual

SPT 2
.00159 MF and 75% residual
.00143 MF and 65% residual

bwags

@kyfdx said:
SPT 1
.00164 MF and 79% residual
.00143 MF and 69% residual

SPT 2
.00159 MF and 75% residual
.00143 MF and 65% residual

Thank you so much!

Cl97

Hi, could I please request lease MF, any incentives, and residual for Lux 1 & 2 RWD, 24 /10k zip 60025? Thanks!

kyfdx

Cl97 said:

Hi, could I please request lease MF, any incentives, and residual for Lux 1 & 2 RWD, 24 /10k zip 60025? Thanks!

1: .00130 MF and 75% residual
2: .00178 MF and 72% residual

No incentive info

BvdKitty9421

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

Michaell

BvdKitty9421 said:

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

.00143 MF and 65% RV
.00155 MF and 67% RV

I get the same payment with those prices.

The $5000 is simply the dealer discount, before any incentives are applied.

FYI, the 24 month payment on that car is $647/mo (.00160 and 76%)

kyfdx

BvdKitty9421 said:

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

I don’t see any adjustment to the residual in this calculation.

BvdKitty9421

Michaell said:

BvdKitty9421 said:

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

.00143 MF and 65% RV
.00155 MF and 67% RV

I get the same payment with those prices.

The $5000 is simply the dealer discount, before any incentives are applied.

FYI, the 24 month payment on that car is $647/mo (.00160 and 76%)

Thanks for getting those numbers for me. Really?! I also have the quote for 10,000/ 24m and it wasn't $647. They quoted $866.36. Here is the breakdown for that lease option. Again, this is actually an AWD, not a RWD so ignore that part. The car here matches the AWD in their inventory on their website and what we discussed over the phone. Let me know if something seems off based on the $647 you mentioned.

BvdKitty9421

kyfdx said:

BvdKitty9421 said:

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

I don’t see any adjustment to the residual in this calculation.

Does this mean there's a possibility they didn't deduct the EV credit?

Michaell

BvdKitty9421 said:

kyfdx said:

BvdKitty9421 said:

Hi,

I'm shopping around for a 2024 Cadillac Lyriq and found a few options. Can you provide me with the MF/ RV for:

Zip: 20603
- Sport 2 AWD, 10,000/ 36m
- Lux 2, AWD, 10,000/ 36m

I also received this price breakdown and wanted to know if this was a decent deal (ignore the RWD, this is AWD.. I verified the stock #'s match from the site). They included 3,000 off for the conquest deal and $500 for educators. I'm not sure what the $5,000 off is for. I also asked about the $7,500 EV deduction and they said it would come off the RV so I guess that's been factored in but I'm not sure. I'm doing $0 DAS also.




Thank you!

I don’t see any adjustment to the residual in this calculation.

Does this mean there's a possibility they didn't deduct the EV credit?

Yes, it does. The residual, as we understand it, would be increased by $7500.