Cadillac Lyriq

The Lyriq is a landmark vehicle, representing Cadillac's first step into the all-electric future. It was the first production vehicle to use GM's Ultium battery and platform architecture, wrapped in a dramatic design that stayed remarkably true to the 2016 Escala concept. Initial 2023 Debut Edition models were rear-wheel drive only and sold out almost instantly, creating significant early buzz for the brand's pivot.

While it's too new to be a traditional collectible, the Lyriq's historical importance as Cadillac's first EV gives it long-term significance. Early build quality and software issues hampered its launch, contributing to steep initial depreciation. For buyers today, this makes the Lyriq an interesting proposition, offering futuristic luxury and design for a fraction of its original MSRP.

The used market is still developing, with only a handful of transactions recorded. The average sale price of around $36,000 shows that these early models have shed significant value from their original $60,000+ sticker prices. This positions the Lyriq as a value-oriented choice in the premium used EV market, competing on style and comfort.

Based on recent sales, prices range from $25,000 to $66,000, with an average transaction price around $36,382.