Hi all – First rodeo into looking at Cadillac loaners. Seems like there is a fixed ‘incentive’ from GM that passes onto the customer if its a loaner. Is that correct? If so, is it milage based or a fixed amount (saw $2000 somewhere…). Specifically looking at a Lyriq. Trying to get my info in p…

Signed prior loaner but just 300 miles Cadillac Lyriq Luxury 1 in LA. About $309 prior to tax with $1200 drive off. Base model with 60k MSRP discount $2k Conquest, $2k prior loaner, $500 Educator. The rest was dealer discount. Enhanced residual for the month of October 24 months, 10k miles. These deals are a little tricky. A brand new one you can get 4.5k dealer discount yet no one wanted to go that low on the loaners. But the payment is still better on the loaner given the loaner cash.

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