Cadillac has announced that the first batch of 2014 Cadillac ELRs are on their way to dealerships.
Cadillac has announced that the first batch of 2014 Cadillac ELRs are on their way to dealerships. The 2014 Cadillac ELR starts at $75,995, but that price can drop down to $68,495 after the available tax incentives.
The Cadillac ELR uses the same extended range electric vehicle technology as the Chevy Volt. It has a total driving range of 300 miles, with 35 of those miles being electric-only.
Only time will tell if buyers are willing to pay the significant premium for the Cadillac ELR. With the starting price at $76k, the ELR is in the same price bracket as the Tesla Model S. For most people the Tesla Model S may represent a better value with its over 200 mile EV driving range and four doors.