- gm has announced that almost half of its 2021 cadillac escalades sold for over $100,000 in the fourth quarter of 2020.
- the 2021 escalade starts at $77,490 for the base luxury model.
- it went on sale on august 31, 2020, although orders opened in mid-april.
if it's surprising that people pay a lot for the cadillac escalade luxury suv, it shouldn't be. the escalade received a significant redesign for the 2021 model year, which included 38 inches of screens, an independent rear suspension, and fuel-saving cylinder deactivation. the new luxury full-size suv starts at $77,490, a $1000 increase over the previous model, with the the longer esv starting at $80,490. however, gm confirmed to car and driver that nearly half of the 2021 escalades have had transaction prices over $100,000.
"[the] all-new cadillac escalade retook market leadership in its segment in q4," gm stated in its 2020 fourth-quarter sales report. it sold 9454 escalades in that time, including 2020 models. gm also said the escalade's fourth-quarter retail deliveries were up 19 percent.
there are multiple 2021 escalade trim levels that start over $100,000, and even the lower trims can crest the six-figure mark with options. as for its competitors, the lincoln navigator and long-wheelbase navigator l, the fully loaded black label models are the only versions that can cost more than $100,000. jeep says its upcoming grand wagoneer will cost over $100,000 fully loaded.
super cruise, gm's driver-assistance technology that now offers lane change on demand, is an option available on the 2021 escalade. there are also two engine choices: a 6.2-liter v-8 is standard, or there's a duramax turbo-diesel 3.0-liter inline-six available as a no-cost option. the new escalade shares a platform with the chevy and gmc full-size suvs, featuring an independent rear suspension that yields more interior space, especially in the third row.