You’re looking at the cheapest Cadillac ELR on Autotrader. It’s offered by Headquarter Mazda in the Orlando area, and it’s listed for just $18,990 — a truly massive discount from its original price of $76,000 just four years ago. In fact, it’s the cheapest Cadillac ELR currently listed for sale on Autotrader.
For those of you who don’t remember the ELR, a little refresher. It was effectively Cadillac’s version of the Chevrolet Volt, except with highly appealing styling — and only two doors. The main issue wasn’t any of that, but rather the ELR’s price: it started at $76,000 when it came out for the 2014 model year, then it sat out the 2015 model year — presumably as dealers sold off extra 2014 models — and then it came back for 2016 with a sharply reduced price: $65,000.
Unfortunately, this was still too much money, and the ELR remains a rare sight on the roads, but this particular one is appealing. Finished in black with a black leather interior, this 2014 ELR has traveled 72,700 miles, which is high mileage for an ELR — and that’s why the price is a reasonable $18,990. That figure makes this the cheapest ELR on Autotrader, though several others are offered for around $21,000. This car has depreciated quickly.
One major source of that depreciation was the impracticality compared to the Chevy Volt, as the Volt offered four doors, a big back seat, and a hatchback design with a decent cargo area. The ELR’s 2-door design always hurt it in the market, but they also helped give it the handsome styling it has. If you don’t need four doors, this can be an excellent option — especially at this price point. As an added bonus for car enthusiasts, it’s unlikely you’ll ever encounter another one on the road.
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