Cadillac Drops Price On 2016 ELR, Adds Improvements - CleanTechnica
A few days ago I reported that the Cadillac ELR would not be replaced after its product cycle ran out… and just how long that product cycle was is anybody’s guess, because GM wasn’t talking. That led to Cadillac CEO Johan de Nysschen commenting on our post, saying that the ELR wasn’t dead, and that a host of improvements were right around the corner. Turns out, the guy was telling the truth, and the 2016 Cadillac ELR is in every way a better value, from price to performance. There’s a long list of enhancements for the 2016 Cadillac ELR, and perhaps the most meaningful change is a steep drop in price. Cadillac quotes the 2016 ELR as costing $58,499 after the $7,500 Federal tax rebate, putting its MSRP right around $65,999. That’s about $10,000 less than the 2014 ELR, though incentives took as much as $20,000 off the $76,000 original MSRP. Considering the ELR was looking rather dead after a new version missed its debut at the LA Auto Show , this is a surprise move from GM. It’s rare that an automaker will lower a car’s price and add new features, but that’s exactly what Johan did... Source: cleantechnica.com
