Cadillac New Zealand offers a "$16,000 discount, tax-exempt," on the Lyriq electric vehicle.
The electric vehicle (EV) market in New Zealand has received a boost with Cadillac New Zealand announcing a GST discount on their first right-hand drive EV SUV, the Lyriq. This offer is valid until the 30th of September 2025, or while stocks last.
The discount amounts to around $16,000, depending on the individual cars being purchased. This discount effectively reduces the price of the Lyriq, with the Luxury model now costing approximately $107,600 and the Sport model around $109,400.
General Motors Australia & New Zealand is the institution behind this incentive, and the offer applies to all current 2025-model-year stock of the Lyriq. However, it's important to note that this offer does not cover finance, Luxury Car Tax, and on-road costs, unlike the offer in Australia.
The Lyriq is considered a startup model for Cadillac in New Zealand, with the Lyriq-V, Optiq, and Vistiq also planned for 2026. Registrations for the Lyriq have been modest, with only 10 units hitting the road year-to-date, including demonstrators.
Interested buyers can purchase the Lyriq at a digital shopfront, unlike the initial pricing announcement when no such option was available. The indicative pricing information provided is based on Cadillac's customer website, and post-discount pricing for the Luxury model is approximately $107,615, while the Sport model is around $109,354.
This offer is not specific to any particular finance package or loan terms, providing flexibility to potential buyers. With the GST discount, the Lyriq is now more accessible to a wider audience, making it an attractive option for those looking to make the switch to electric vehicles.
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