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.

Read Article

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

About the Author