Which luxury electric SUV would you choose, the Acura ZDX or Cadillac Lyriq? After slashing financing rates, the Acura ZDX may be a better buy than the Cadillac Lyriq or Chevy Blazer EV. With up to $7,200 off a fully loaded ZDX, looks to take a piece of the EV market. Acura it was launching the ZDX, its first fully electric vehicle, in 2022.
The ZDX is based on GM’s Ultium platform, the same one underpinning the Cadillac Lyriq. A year later, Acura the ZDX. Acura said its first all-electric vehicle would be available in single and dual-motor powertrains, including a Type S model.
After opening reservations earlier this year, we learned the 2024 ZDX would start at $64,500, much higher than the Cadillac Lyriq ($57,195). The Dual Motor A-Spec trim starts at $68,500, while the Type S and S Performance models cost $73,500 and $74,500, respectively. Acura is making the ZDX more attractive after slashing interest rates.
According to online car research firm , Acura sent a memo to dealers announcing a new 0.9% financing deal. The deal is for 72 months.
Previously, the lowest rate available was 2.9% for up to 48 months. On the fully loaded Acura ZDX Type S Performance, nearly $7,200 in savings are estimated.
Acura is offering $1,000 in loyalty or conquest cash on leases. The ZDX is also eligible for the $7,500 EV tax credit discount, which can be used upfront. After slashing rates, Acura’s ZDX may be a better deal than other Ultium-based EVs.
Chevy Blazer and Equinox EV lease rates start at 3.9%. However, with a , the Equinox EV is now cheaper to lease than the gas-powered model.
Meanwhile, the Cadillac Lyriq is offered at a 5.9% rate. At that, a $71,000 ZDX could be cheaper than a $60,000 Lyriq model.
As the ZDX rolls out, more models are reaching dealerships. Acura has sold 338 ZDX models in the US this year, but 255 were sold last month alone. Honda America vice president of auto sales Lance Woelfer told last week the Prologue is now available at most dealerships, covering all US markets.
The Acura ZDX is expected to follow suit. and subscribe to the . Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles.
He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising.
