General Motors has introduced significant lease discounts on two of its electric SUVs — the Cadillac Lyriq and the Chevrolet Blazer EV — as automakers move to counterbalance the end of the $7,500 U.S. federal EV tax credit for many models. The reductions were among the steepest EV lease price drops recorded in December.
The 2026 Cadillac Lyriq AWD Luxury is now advertised at $439 per month for 24 months with $4,979 due at signing. The effective monthly rate of $646 is $28 lower than in November, following a larger reduction of $115 per month the prior month. GM is also offering a $2,000 competitive bonus for lessees or owners of 2011 or newer non-GM vehicles.
See also: Cadillac Files Large Vistiq Electric SUV With 443-kW Dual-Motor Option for China Approval
Lease prices for Chevrolet’s 2026 Blazer EV have also fallen. The FWD LT variant is available from $319 per month for 24 months, with $6,039 due at signing, bringing the effective monthly rate to $571 — roughly $60 less than in November. The offer includes a $750 competitive bonus and $1,000 customer cash allowance.
GM is extending broader incentives across its electric lineup. All 2025 Chevrolet EVs — including the Blazer EV, Equinox EV and Silverado EV — qualify for 0% APR financing for 60 months. For 2026 models, the Equinox EV is also offered with 0% APR, while the Blazer EV carries 1.9% APR for 36 months.
See also: Chevrolet Drops “EV” Suffix for 2027 Bolt, Unveils Updated Battery and Design
Cadillac is offering a $2,000 conquest or loyalty incentive on the 2026 Vistiq and select 2025–2026 Optiq and Lyriq models, alongside 2.9% APR financing for up to 60 months. The 2026 Cadillac Optiq is available to lease from $319 per month for 24 months, while the new Vistiq starts at $619 per month for 24 months.
