A different kind of Escalade
The Cadillac Escalade IQ electrifies the brand’s full-size SUV, while adding features that you can’t get on a gasoline Escalade. It mixes the powerhouse capabilities of a fully-electric powertrain with the VIP capabilities that the Escalade nameplate is known for. In September, you can lease the 2026 model of this high-tech SUV nameplate for $2,464 a month (before taxes and fees) for 48 months with a $3,500 down payment and 10,000 miles per year. Cadillac is also offering a $2,405-per-month lease on leftover 2025 models with similar terms. More mileage and shorter lease terms are also available, but either option might jack up the monthly payment.
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Act fast, the lease credit expires soon!
Select leases through Cadillac Financial also qualify for a $7,500 credit, but only through the end of September, since the federal Clean Vehicle Tax Credit usable by companies leasing vehicles expires at that time. This is different from the federal EV tax credit for individuals, as Cadillac is claiming the credit and passing the savings on to customers, who won’t have to declare the credit on their taxes. The lease credit has served as a workaround for vehicles that exceed the price cap for the conventional federal EV tax credit.
Keep in mind that the lease credit may not be available on your particular lease. All lease rates listed by automakers do not include taxes or any other fees that leasing a given vehicle may incur, and offers may vary by region. We recommend entering your zip code into the current offers page on Cadillac’s website to most accurately estimate a payment.
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More about the Cadillac Escalade IQ
The Escalade IQ only shares a name with the other versions of Cadillac’s biggest SUV. Based on the same super-sized version of General Motors’s modular EV architecture as the GMC Hummer EV, GMC Sierra EV, and Chevrolet Silverado EV, the Escalade IQ boasts a dual-motor powertrain rated at 750 horsepower and 785 pound-feet of torque. Despite weighing around 9,000 pounds (and thus technically classified as a heavy-duty vehicle), the Escalade IQ can accelerate from zero to 60 mph in 4.7 seconds, according to Cadillac.
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Four-wheel steering aids maneuverability, while a 200-kilowatt-hour battery pack gives an estimated 460 miles of range. That means you’ll have to rely on high-power 350-kilowatt DC fast charging stations for road trips, which Cadillac says can add 100 miles of range in 10 minutes, but less-powerful stations will be much slower. The Escalade IQ also gets the more spacious IQL body style for 2026, but is otherwise unchanged.
Final thoughts
The ticking clock for the lease credit means now might be a good time to get an Escalade IQ, as there’s no telling what discounts may look like in the near future. That said, at the time of writing this, GM is planning to cut Escalade IQ production shifts due to slowing demand. That’s an indication that vehicles are sitting on dealer lots longer than expected, which could trigger further discounts as GM and its dealers get more desperate to move them.
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*Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.
About the author
Stephen Andrew Edelstein
Contributing Writer, Autoblog