At $75,000, Consumer Reports Thinks the ELR is Way Too Expensive

When Cadillac set the base MSRP for its upcoming ELR plug-in at $75,995 we were more than a little surprised at the price; and the media frenzy over the sticker price began.

Cadillac ELR Oozes Luxury on the Inside, But is it Worth $75,000?

There were some sites who stated that the ELR was nothing more than a fancy, overpriced Chevy Volt. There were other sites who claimed that, at $75,995, Cadillac wouldn't sell more than a few ELRs when the Tesla Model S could be had for the same money.

Now, Consumers Reports is chiming in and it's saying the ELR is vaslty overpriced. Below are a few excerpts form the Consumer Reports article:

"That’s $40,000 more than a Volt! And for that kind of scratch, you could buy a car in a whole different league, like an Audi A7 TDI or Tesla Model S. That leaves us wondering, who will buy this car?" "But, ultimately, driving the ELR feels rather ordinary. It lacks the zip one might expect from a high-priced coupe. Being a rolling sculpture, visibility is very limited." "Still, as nice as the ELR is, we couldn’t escape the feeling driving it around that for this kind of money, we’d a lot rather be piloting a Tesla, which is a lot quicker, sportier, and roomier, and gives you a whole lot more electric range." With the ELR, Are You Paying Only For the Badge?

But wait...it gets worse:

"One staff member dismissed the ELR as a $75,000 version of the Chevrolet Cruze (on which the Volt and the ELR are, indeed, based). Ouch!"

The ELR is indeed pricy, but being that it's an extremely limited production vehicle, and that it does have some slightly better performance specs, as well as many more interior refinements over its sister Chevy Volt, we'd wager that Cadillac will have no problem selling the couple thousand total examples GM makes.

Source: Consumer Reports