Cadillac Throws $19,000 On The Hood Of 2020 Escalades

Cadillac is desperate to get 2020 Escalades off the dealer showroom floor before the all-new 2021 model rolls in. So desperate, in fact, that it sent an email to current Escalade owners offering up to ten grand off if they trade for the merely new instead of the new new. According to CarsDirect that translates to around $19,000 off MSRP when current rebates are considered.

GM had a similar problem with tail end C7 Corvettes, as dealers were forced to stock inventory levels higher than normal in order to secure C8 Corvette allocations. This left plenty of the older models languishing on dealer lots with huge discounts because the American dealership system of distributing cars is truly broken.

CANADIANCOMMENTS - 2/26/2020 5:18:30 PM

+2 Boost

Well somebody is going to save a bundle on a new Escalade. This model looks like American Gangster Royalty. The new new one looks like it was designed on the outside in Scandinavia. A bit too subtle. If you want to be below the radar get a Yukon Denali.

MDarringer - 2/26/2020 8:31:30 PM

-1 Boost

And given how much of a dud the new one is for looks, #UpgradeNow

skytop - 2/27/2020 12:08:11 AM

+1 Boost

I bet all the existing 2020 Escalade owner appreciate GM for reducing resale value of their GM shoe box by $20,000.

Section_31_JTK - 2/27/2020 1:06:58 AM

+4 Boost

So $100k less $20k is still $80k before T&L. I'm not sure I want to pay that much for a tarted up Suburban.

cidflekken - 2/27/2020 11:30:49 AM

+4 Boost

And it's still about $30K overpriced