Would you pay this much to own the first-ever high-performance Escalade?
The Cadillac Escalade-V is the world's most powerful full-size SUV and as such, it's sure to be in high demand in every market that it's offered for sale. The monstrous family SUV was revealed in May with a handbuilt 6.2-liter supercharged V8 under the hood delivering 682 horsepower and 653 lb-ft of torque. GM claims that it will do 0-60 mph in under 4.4 seconds and complete the quarter-mile in under 13 seconds. It will make a lot of noise as it does so, and when it's time to behave in a civilized fashion, the attractive styling and lush interior make it one awesome all-rounder. All Escalade-Vs will be loved, but what should one pay to own the very first example ever made? According to the results of a recent auction, the number is an astronomical one.
At Barrett-Jackson's record-breaking auction last week, the first retail production 2023 Escalade-V crossed the block to raise money for the Pensole Lewis College of Business & Design, attracting $500,000 in bids. In addition, another $25,000 was donated to the cause by an unnamed patron.
"Cadillac champions big dreams and bold ambitions, and we are thrilled with this auction result," said Global Cadillac Vice President Rory Harvey. "We are grateful to Barrett-Jackson for providing a platform that will help make a difference for the next generation of creatives in Cadillac's hometown of Detroit."
This money will help students to grow their knowledge and skills through "intensive curriculums aimed at providing real-life experiences relevant to their disciplines," which any college leaver will tell you is a vital missing link in the traditional education system.
As is customary with all charity cars auctioned by Barrett-Jackson, the auction house waived all fees and commissions, so you can be sure that the money raised will be well spent.
After securing ownership of the first Escalade-V, the winning bidder will also have the opportunity to design a pair of custom sneakers with Dr. D'Wayne Edwards, who reestablished the college. These sneakers will be manufactured as a one-of-one run and will be joined by an exclusive and framed 12x18 inch design-studio theme sketch of the Escalade-V by Robert Hunwick, the lead exterior designer of the SUV. An awesome package indeed.