Finding the Best Deals on Cadillac Escalade

The Cadillac Escalade, known for its luxurious features and powerful performance, is a sought-after vehicle. However, its premium nature often comes with a high price tag. Fortunately, there are ways to find more affordable deals on both new and used Escalades. Here’s an overview of some of the cheapest Cadillac Escalade deals currently available, including monthly cost estimates.

New Cadillac Escalade Deals

Lease Options: Leasing a new Cadillac Escalade can be a more cost-effective option compared to purchasing outright. As of 2023, several dealerships offer competitive lease deals on the 2023 Cadillac Escalade.

  • Example Lease Deal: Some dealerships offer lease deals starting at around $899 per month for 36 months with $5,799 due at signing. This lease typically covers a 10,000-mile-per-year allowance .
  • Financing: For those who prefer to finance, Cadillac frequently offers promotional APR rates. For instance, a recent deal included a 0% APR financing for up to 72 months for well-qualified buyers.

Purchase Options: When buying a new Escalade, the price can vary significantly based on the trim level and additional features.

  • Base Model: The starting MSRP for a 2023 Cadillac Escalade is approximately $76,295 . However, incentives such as cash rebates and dealer discounts can reduce this price. In some cases, buyers can find deals that lower the purchase price by several thousand dollars .
  • Monthly Cost: Assuming a 0% APR financing over 72 months and a 10% down payment, the monthly payment for a base model Escalade would be around $985. This can vary based on the final negotiated price and any additional fees​ (GMC)​.

Used Cadillac Escalade Deals

Advantages of Buying Used: Buying a used Cadillac Escalade can offer significant savings compared to a new model. Used vehicles have already undergone their initial depreciation, which can translate to lower prices for buyers.

  • Certified Pre-Owned (CPO): Cadillac’s Certified Pre-Owned program offers vehicles that are rigorously inspected and come with an extended warranty. CPO Escalades from recent model years can be found for around $55,000 to $70,000 depending on the year and mileage.
  • Monthly Cost: Financing a CPO Escalade priced at $60,000 with a 3.5% APR over 60 months would result in a monthly payment of approximately $1,092. This estimate assumes a 10% down payment and includes typical loan interest .

Standard Used Options: For those looking for even cheaper options, standard used Escalades, especially those older than five years, can be found at much lower prices.

  • Older Models: Prices for used Escalades from the 2015-2018 range can start as low as $30,000. These vehicles may not come with the latest features but still offer the luxury and performance expected from Cadillac .
  • Monthly Cost: Financing a used Escalade priced at $30,000 with a 5% APR over 60 months would result in a monthly payment of approximately $566, assuming a 10% down payment.

Finding the Best Deals

Online Marketplaces: Websites like CarGurus, Autotrader, and Cars.com are excellent resources for finding competitive deals on both new and used Cadillac Escalades. These platforms allow you to compare prices from different dealerships and private sellers.

Dealer Websites and Promotions: Visiting local dealership websites or calling to inquire about current promotions can also yield good deals. Many dealerships offer special discounts, holiday sales, or trade-in bonuses that can further reduce the cost​ (Carfax)​.

Negotiation Tips:

  • Research: Knowledge is power. Research the fair market value of the Escalade model you’re interested in before negotiating.
  • Incentives: Ask about all available incentives, including manufacturer rebates, dealer discounts, and special financing offers.
  • Trade-In: If you have a vehicle to trade in, use its value to negotiate a better overall deal.

Conclusion

The Cadillac Escalade, while a luxury vehicle, can be made more affordable through strategic leasing, purchasing, or buying used. Whether you opt for a new model with promotional financing or a used one with less depreciation, there are deals to be found that can fit within a variety of budgets. For the latest and most accurate pricing, visit local dealership websites, use online car marketplaces, and don’t hesitate to negotiate to secure the best deal possible.