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2016 Cadillac ELR Prices: MSRP vs Dealer Invoice vs True Dealer Cost

2016 Cadillac ELR Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Cadillac ELR price report below does not include rebates or incentives.
View Cadillac Rebates Here.

2016 ELR Base 2 door Cpe w/ 233 horsepower, electric (0 cylinder) (Fuel Economy: Coming Soon)
MSRP
$65,000
Invoice Price
$62,075
Destination Fee
$995
Holdback
$1,950
Dealer Cost
$61,120
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Price Tip:
To avoid overpaying on a new Cadillac ELR, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Cadillac Price Guides:
2016 Cadillac ELR Overview:
2015 Cadillac ELR
When it's on the road, most people don't even think that the stylish 2016 Cadillac ELR is an eco-friendly plug-in vehicle. Even though it shares the same basic platform as the Chevrolet Volt, the ELR is far from an economy vehicle, sporting all of the luxuries that Cadillac owners have come to expect.

Cadillac did not release a 2015 model of the ELR, so all upgrades are based on the 2014 version. New features for the current model include higher horsepower and torque, better brakes, sportier suspension and a host of driver assistance technologies. Buyers will also find a redesigned grille and badge design and wireless battery recharging capability.

Only one trim level is available for this two-door hybrid coupe that features a 233 hp engine with 17.1 kWh 360V lithium ion battery that has a range of 35 miles and a fuel tank capacity of 9.3. gallons. Standard features include:
  • 20-inch alloy wheels
  • Rearview camera
  • Keyless entry and remote ignition
  • Leather upholstery
  • 10-speaker sound system with satellite radio
  • OnStar emergency communications

Options include a new Performance Pack that features a leather-wrapped steering wheel, sport-tuned suspension, 20-inch allow wheels and Brembo brakes. Other available options are:
  • Premium leather
  • Power seat adjustments
  • Forward collision preparation system
  • Adaptive cruise control

On the road, the 2016 Cadillac ELR has smooth delivery in the electric mode and provides sportier handing than past models.
How to Calculate The Dealer Cost of a Cadillac ELR:

Formula for Calculating Dealer Cost:

  • Example: Base Cadillac ELR invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here.)

Note: All Cadillac ELR Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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