The First Cadillac Escalade IQ To Be Auctioned For Charity — How Much Will It Sell For?
The Cadillac Escalade IQ will be hitting the streets soon, but one will be hitting auction block first.
The first of the all-electric SUVs to be built will be auctioned for charity at the Barrett-Jackson event in Scottsdale, Ariz., this October.
“The 2025 Cadillac ESCALADE IQ redefines what a luxury SUV can be,” GM President Mark Reuss said in a news release.
“It brings iconic design, the utmost craftsmanship and the latest technology. We’re excited to work with Barrett-Jackson on the auction of ESCALADE IQ VIN 001, with every dollar of the proceeds going to the Detroit Children’s Fund.”?
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The Escalade IQ will come standard with a 750 hp dual-motor all-wheel-drive system that’s rated for 785 lb-ft of torque. Cadillac says it can accelerate to 60 mph in less than five seconds and has an estimated driving range of 460 miles between charges. The
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Official pricing hasn’t been announced, but GM Authority uncovered dealer ordering information that suggests it will be in the $130,000 to $150,000 range. Cadillac’s hands-free Super Cruise highway driving feature is also included.
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“We’re honored that Cadillac is bringing the sale of their first retail production ESCALADE IQ to Barrett-Jackson,” Barrett-Jackson chairman and CEO Craig Jackson said. “This is a tremendous opportunity for someone to own an incredible piece of automotive history.
As for what the auction car will sell for, the sky is the limit. General Motors often offers the VIN 001 vehicles for charity and some of them have sold for astonishingly high amounts.
The first Cadillac Escalade-V was sold in 2022 for $500,000 and the first GMC Hummer EV SUV for the same amount in 2023.
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The first Chevrolet Corvette E-Ray raised $1.15 at another auction in 2023, but that’s nothing compared to the first mid-engine Corvette Z06, which Rick Hendrick bought in 2022 for $3.7 million.
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