Cadillac ELR Lease Deal – $499 Per Month, $1,999 Down
Though expired (06-30-2014), we’re certain that deals similar to this one (or better) offered on the Cadillac ELR will be the norm from here on out, so why not share what you should expect to pay on an ELR lease.
This particular deal, offered at Cadillac of Novi in Novi, Michigan, is $1,999 due at signing, $499 per month, 39-month lease term.
The fine print, which unfortunately couldn’t be blown up to viewable size due to low resolution, states that the lease is a 10,000-mile per year lease with tax, title, plates doc fees all being extra due at signing. No security deposit required. GM Lease Loyalty required. Must register vehicle in the state of Michigan.
The option list for this particular ELR lease example seems rather extensive, so we’re guessing the lease rates are not based on a barebones ELR, but rather one with at least a few option boxes checked off.
Here’s the latest ELR offer from Cadillac of Novi, which confirms that the deal is still ongoing:
To get a sense of what a raging deal this is, consider that General Motors initially offered the ELR on lease for $699 per month with $5,999 down.
Hat tip Andrew Byrne!!!