---
title: "Cadillac Lyriq Leases Are Cheaper Than Ever—Like, 52% Cheaper"
date: "2024-07-13"
modified: "2024-07-13"
authors:
  - name: "Beverly Braga"
    job_title: "Weekend Editor"
    link: "https://www.thedrive.com/authors/beverly-braga"
url: "https://www.thedrive.com/news/cadillac-lyriq-leases-are-cheaper-than-ever-like-52-cheaper"
categories:
  - "Cadillac News"
  - "Car Tech"
  - "Electric Vehicles"
  - "News"
  - "News by Brand"
tags:
  - "Cadillac"
  - "Electric Vehicle"
  - "Lyriq"
  - "suv/crossover"
---

# Cadillac Lyriq Leases Are Cheaper Than Ever—Like, 52% Cheaper

![](<https://www.thedrive.com/wp-content/uploads/2024/07/2024-cadillac-lyriq-009.jpg>)
*\<em\>Cadillac\</em\>*

The [Ca](<https://www.thedrive.com/car-reviews/2024-cadillac-lyriq-review>)[d](<https://www.thedrive.com/car-reviews/2024-cadillac-lyriq-review>)[illac Lyriq](<https://www.thedrive.com/car-reviews/2024-cadillac-lyriq-review>) just celebrated its best-ever sales quarter since its launch, and now you can join the party thanks to another discounted [EV lease](<https://www.thedrive.com/guides-and-gear/leasing-an-ev-or-buying-an-ev-which-is-best>) deal. But how big of a price cut is it for an electric Cadi? Um, how does 50% off sound? No lawyer-garbled fine-print catches, either.

The MSRP for a 2024 Lyriq Tech rear-wheel-drive model is currently $58,590 (including the $1,395 destination fee). According to [*CarsDirect*](<https://www.carsdirect.com/deals-articles/2024-cadillac-lyriq-lease-price-50-cheaper-than-before>), a three-year lease for this Lyriq configuration is now priced at $336 per month. With $4,969 due at signing, the total monthly cost is $477. This is about $100 less compared to June but more than $500 in year-over-year savings. Any way you look at it, it's a hell of a deal.

Last summer, the same Lyriq would have cost you $859 a month plus $4,919 at signing for a total monthly payment of $996. That $519 drop equates to a 52% price cut. *CarsDirect* says this is the lowest lease price ever offered on the Lyriq. In fact, a new Lyriq lease currently costs less than a [Chevy Blazer EV](<https://www.thedrive.com/car-reviews/2024-chevy-blazer-ev-first-drive>). A Blazer 2LT trim, for example, will set you back $516 a month, even though its MSRP is nearly $8,400 less than the Lyriq.

Additional discounts are also available for Cadillac leasees. These include $1,000 in down payment assistance, low-interest financing starting at 2.9%, and, probably best of all, an unadvertised promo of $3,000 for new customers switching EV brands.

As mentioned earlier, the Cadillac Lyriq is proving to be a [popular EV SUV](<https://www.thedrive.com/news/cadillac-lyriq-sales-in-q4-increased-500-percent-over-last-year>). One of the fastest-growing EVs in the market, second-quarter Lyriq sales grew by 26% compared to the previous quarter. Cadillac says the [Lyriq outsold all EVs](<https://news.gm.com/newsroom.detail.html/Pages/news/us/en/2024/jul/0702-gmsales.html>) sold by European competitors through the first half of the year. Its year-over-year sales during Q2 jumped more than fourfold to 7,294 units, which is a 441.1% increase. The current lease offer runs through July 31 or, at the rate of sales, while supplies last.

## Author
Born and raised in Hawaii, Beverly has been a prolific and published creative writer since her teens. As a contributor to The Drive, Beverly covers the weekend shift, blogging about all things automotive, mobility, transportation, and topics in-between. Currently a digital nomad, Beverly's only constant is her car, a second-generation Mazdaspeed3. Even though she's never in one place for too long, her hot hatch always feels like home.

### Author social links  
[Instagram](<http://www.instagram.com/bev_b>)  
[LinkedIn](<http://linkedin.com/in/beverlybraga>)