Cadillac Lyriq For Sale - Cadillac's All Electric Future

There has been a lot of confusion about 2023’s new federal EV tax credit law.  First of all, when it comes to the tax code, many of us find it beyond confusing.  That is why a lot of people rely on tax professionals to help them prepare their annual tax returns.  Well the new EV tax credit won’t disappoint you, it is extremely confusing. more So What Exactly Is The Electric Vehicle Tax Credit? The electric vehicle tax credit is a nonrefundable tax credit. The Credit is offered to taxpayers who purchase a qualifying new electric vehicle or plug-in hybrid vehicle. The tax credit can also be used on qualifying used electric vehicles.  A nonrefundable tax credit will lower your tax liability by the credit amount. However, it can be used to offset taxes you owe. If you do not owe taxes and are receiving a refund, you can not use the tax credit.  Taxpayers can only claim one credit per vehicle. The new vehicle EV tax credit is worth up to a total of $7,500. It consists of a $3,750 tax credit for the battery requirement and a $3,750 tax credit for the critical minerals requirement. The new electric vehicle must meet several other qualifications in order to qualify the full EV tax credit. You may also qualify for up to $4,000 tax credit on qualifying used electric vehicles. There is a maximum limit of 30% of the sales price of a used EV. How Will I Know If I Qualify For The Tax Credit? First, the vehicle you are purchasing must qualify for the tax credit.  The vehicle must meet several criteria such as MSRP, final assembly requirements, and battery & critical minerals requirements.  The IRS urges taxpayers to use its tool for the most up to date information on the tax credit and vehicle requirements.  You can now consult the FuelEconomy.gov website for the latest information. The purchaser of the electric vehicle must also qualify for the tax credit.  The new law sets limits on the modified adjusted gross income for taxpayers in order to qualify for the tax credit.  If both the vehicle and the taxpayer meet the requirements for the tax credit, you must file IRS Form 8936 with your tax return to claim the EV tax credit. Wallace Cadillac Is Here To Help Let the sales professionals at Wallace Cadillac of Stuart help answer any questions you may have on new or used electric vehicles and plug-in hybrids.  Ready to explore a new or used electric vehicle, contact Wallace Cadillac today.

2023 Cadillac Lyriq Overview Cadillac's first entrant into the luxury electric vehicle market will be the Lyriq SUV, previewed by a concept car with sharp styling and a modern cabin. Cadillac says that both single-motor rear-wheel drive and dual-motor all-wheel drive models will be offered, and that its new SUV will have a driving range of more than 300 miles. The Lyriq has been designed from the ground up and will ride on General Motors's new scalable battery architecture; the company claims a low center of gravity and a spacious cabin as benefits of the dedicated EV-architecture. The Lyriq should be on sale sometime in late 2022 as a 2023 model. What's New for 2023? Not only is Lyriq a brand-new nameplate for the struggling American luxury brand, it's also Cadillac's first all-electric offering. When it goes on sale, it'll go head to head with heavy hitters such as the Audi e-tron, Jaguar I-Pace, and Tesla Model X. Pricing and Which One to Buy Cadillac hasn't said exactly how much the Lyriq's will cost or if it will follow the brand's usual trim-level arrangement. However, we expect it start at just under $60,000, which is a requirement to be eligible for state incentives in California and New York. Get Pre-Approved Get Today's Specials Value Your Trade Engine, Transmission, and Performance The Lyriq will come standard in rear-wheel drive form with an electric motor on the rear axle; all-wheel drive will be optional and adds a second motor at the front to drive those wheels. Cadillac has been mum on details about the Lyriq's electric powertrain so far, so we don't know how much horsepower it will make. Either way, acceleration is sure to be brisk, at least at lower speeds, thanks to the immediate nature of an electric motor's power delivery. The I-Pace, for example, leapt to 60 mph in just 4.3 seconds during our testing; we expect the Lyriq to provide similar performance. Range, Charging, and Battery Life General Motors is launching a line of new EV battery technology with the Lyriq called Ultium. The scalable technology allows the automaker to produce batteries that range in size from 50.0 kWh to 200 kWh, although the largest size is said to be reserved only for large EV pickup trucks such as the upcoming GMC Hummer EV SUT. Cadillac claims that the Lyriq will offer a battery with about 100-kWh worth of capacity and should be capable of driving ranges of more than 300 miles per charge. DC fast charging capability will be standard but the Lyriq will also be able to charge on home power outlets as well. Fuel Economy and Real-World MPG So far there's been no word from the EPA on the Lyriq's estimated fuel economy (as expressed in MPGe), but we expect that to become available closer to the SUV's on-sale date. We'll also have the opportunity to put the Lyriq through our 200-mile highway fuel economy test in the future, and when we do we'll update this story with results. Get Pre-Approved Get Today's Specials Value Your Trade Interior, Comfort, and Cargo The Lyriq concept vehicle shows a spacious interior with just four seats and a center console that divides the two front and two rear seats, with a touchscreen for the rear seat passengers. We're not sure how much of that will make it to production, and we expect three-across seating the second row. Cadillac says using the dedicated EV-architecture allows for a more airy and open cabin with plenty of space for passengers to get comfortable. More advanced noise cancellation technology is said to reduce road noise inside the cabin, and the interior designers have incorporated surprises such as backlit speaker grilles and hidden storage cubbies. Infotainment and Connectivity The Lyriq's dashboard, like the new 2021 Escalade's, is dominated by a giant, 33.0-inch curved OLED display that serves as both the SUV's infotainment system and the driver's gauge display. In the Escalade, the infotainment system can be controlled by a click wheel on the center console, a boon for drivers who aren't fond of touchscreens. Apple CarPlay, Android Auto, and a Wi-Fi hotspot are all expected to be standard features when the Lyriq rolls into Cadillac showrooms. A 19-speaker stereo system from the high-end audio experts at AKG will be offered, but it's unclear if it will be a standard or optional feature when the Lyriq reaches the market. Safety and Driver-Assistance Features Neither the National Highway Traffic Safety Administration (NHTSA) nor the Insurance Institute for Highway Safety (IIHS) have released crash-test results for the Lyriq. We are expecting Cadillac to endow it with many driver-assistance features, though, and Cadillac says the brand's Super Cruise semi-autonomous driving technology will be offered as well. Key safety features are likely to include: Standard automated emergency braking with pedestrian detection Available lane-departure warning with lane-keeping assist Available adaptive cruise control with semi-autonomous driving mode Get Pre-Approved Get Today's Specials Value Your Trade Warranty and Maintenance Coverage Like the similarly sized Cadillac XT5 and XT6 SUVs, the Lyriq will come with a powertrain warranty that trumps that of other premium people haulers. Cadillac currently covers the first dealer maintenance visit, but rivals such as the I-Pace offer longer periods of free maintenance. We would expect that the Lyriq's battery warranty will match that of the Chevy Bolt's at 8 years or 100,000 miles. Limited warranty covers 4 years or 50,000 miles Powertrain warranty covers 6 years or 70,000 miles Complimentary maintenance is covered the first visit If you would like to build and reserve a 2023 Cadillac Lyriq contact us today and we will be happy to assist you with building your dream car today!

Shopping luxury SUVs in 2025? If you’re in the Treasure Coast area, Cadillac’s lineup makes it easy to match your lifestyle—whether you want efficient electric range, three-row prestige, or an agile city-friendly SUV. Here’s a clear, shopper-first rundown of Cadillac’s 2025 SUVs, trims, and standout reasons to buy from Wallace Cadillac in Stuart. more 2025 Cadillac LYRIQ (All-Electric Luxury, 2-Row) The Cadillac LYRIQ continues to set the tone for electric luxury with a serene ride and a dramatic 33" curved LED display. For 2025, the lineup is organized into Luxury 1/2/3 and Sport 1/2/3 collections, so you can pick the look and feature content that suit you best. Rear-wheel-drive LYRIQ models deliver a segment-best EPA-estimated 326 miles of range and come with 20+ standard driver-assist features plus Google built-in. Why it’s great for Stuart drivers: effortless daily commuting, near-silent highway cruising on I-95, and minimal maintenance. If you’re EV-curious, our team can walk you through home charging and local charging options. 2025 Cadillac Escalade & Escalade ESV (Iconic 3-Row Flagship) If you want presence and space, the Cadillac Escalade remains the benchmark—with seating for up to seven or eight, a commanding view, and technology like the 55" diagonal curved front display. Trims include Luxury, Premium Luxury, Sport, plus Premium Luxury Platinum and Sport Platinum—and there’s the ultimate Escalade-V for supercharged performance. Why it’s great for Stuart families: abundant passenger room, polished ride quality for long beach weekends, and the prestige that comes with the name. If you tow, the Escalade’s V8 options and chassis tech make it a confident hauler. 2025 Cadillac Escalade IQ (All-Electric, Full-Size Luxury) New for 2025, the Escalade IQ reimagines the icon as a battery-electric SUV with Cadillac-estimated up to 460 miles of range, a pillar-to-pillar 55" LED display, available Air Ride Adaptive Suspension with Magnetic Ride Contro l, and 4-Wheel Steer for surprising maneuverability. Trims begin with Luxury 1, and the design and cabin quality are truly next-level. Road-test outlets are already praising the IQ’s tech showcase and grand interior; independent highway testing reports ~380 miles at steady speeds from its massive battery—impressive real-world confidence for Florida road trips. 2025 Cadillac XT5 (Midsize 2-Row Luxury) The XT5 is Cadillac’s do-it-all two-row SUV with a comfortable cabin, available 3.6L V6, and available AWD. Trims are Luxury, Premium Luxury, and Sport, so you can tailor appearance and features without overbuying. Expect easy smartphone connectivity, available Bose audio, and a strong suite of driver-assist tech. Why it’s great for the Treasure Coast: roomy for golf bags and weekend gear, composed ride quality on US-1, and straightforward feature packaging. Which Cadillac SUV is the “best” for you? Want electric luxury? Start with LYRIQ for two-row elegance and top-tier range. Need three rows and a statement piece? Escalade IQ is the EV flagship. Need maximum space & towing? Escalade / Escalade ESV deliver roomy three-row seating, classic V8 power, and trim choices from Luxury to V-Series. Prefer right-sized versatility? XT5 balances comfort, features, and value in a midsize package. Shop Wallace Cadillac in Stuart, FL At Wallace Cadillac, we’ll help you compare trims (Luxury vs. Premium Luxury vs. Sport, and Platinum/V-Series where available), explain available features like Super Cruise, and set up a personalized test drive loop that matches how you really drive in Martin County. Ready to find your best luxury SUV of 2025? Stop by our Stuart showroom or reach out for an at-home consultation—we’re here to make luxury feel simple. Note: Specifications, trims, and range figures referenced above come from Cadillac and third-party testing and may vary by configuration. Always confirm current inventory and options with our team.