Take advantage while you can.
The all-new 2021 Cadillac Escalade finally made its debut earlier this month and it's significantly more advanced than its predecessor. However, Cadillac still needs to shift stock of the outgoing model to make way for the all-new Escalade. While the new 2021 Escalade is better than its predecessor in every way, now is a good time to buy the outgoing model because it's being heavily discounted.
According to CarsDirect, Cadillac is trying to lure loyal customers into buying the current Escalade instead of the all-new model with a $10,000 discount. Until March 2, customers who own or lease a 2014-2017 Escalade can take advantage of a $7,500 discount when leasing or $10,000 when buying the current model.
It gets better too because the deal can also be combined with a $9,000 rebate for the 2020 Cadillac Escalade, bringing the total savings to $16,500 when leasing and $19,000 when buying. Not bad at all.
It's worth noting, however, that the offer is being emailed to targeted customers, so not everyone will be eligible for the discount. Nevertheless, this is one of the largest discounts Cadillac has ever offered for the Escalade. The 2020 Escalade starts at $76,490 including destination, but a fully loaded ESV model can exceed $100,000. With the discount, the starting price drops to $57,490, which is a significant saving.
With some negotiation, eligible buyers could potentially save over 25 percent off the MSRP. If you'd rather wait for the 2021 Cadillac Escalade, the redesigned SUV features updated styling, an industry-first OLED display measuring 38 inches, an optional 36-speaker sound system, and increased cargo space by up to 68 percent.
Cadillac's Super Cruise driver-assist technology is also available, enabling hands-free driving on 200,000 miles of supported US highways. Deliveries for the 2021 Cadillac Escalade will start later this year in North America. Pricing will be announced closer to the on-sale date.