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These luxury electric vehicles are getting massive price cuts before 2025 ends

Audi q8 e tron
Happy buyer women receiving new car keys.

Luxury SUVs are getting major price cuts in 2025

It’s a great time to consider buying a luxury SUV, especially if you’ve been waiting for the right deal. With prices slashed across many models, you’re bound to find the perfect ride at a price that won’t break the bank.

Luxury SUVs, both electric and gas-powered, are seeing significant discounts as dealers try to clear out old stock. With more cars than buyers, the high demand from last year is starting to cool off, making room for unbeatable deals on top-tier vehicles as 2025 approaches.

Shot of black BMW iX3 parked.

BMW iX, rapid price drops as inventory builds up

The BMW iX electric SUV is experiencing sharp drops in price, with some models losing up to $62,000 in value over five years. That’s a huge saving for buyers who have their eye on this luxury EV.

Dealers are slashing prices to make room for the newer models, and demand has been slower than expected. If you wait until the end of 2025, you’ll likely see even better offers, making it a smart move to hold off for a few months before committing to a purchase.

Mercedes benz eqe suv

Mercedes-Benz EQE SUV gets massive price cuts

The Mercedes-Benz EQE SUV is another high-end electric vehicle getting discounted due to slow sales. Dealers have already slashed the price by $8,000 earlier this year, but the deals won’t stop there.

With many buyers opting for the latest tech, the older models are seeing weaker demand. As 2025 progresses, look out for extra rebates and special offers on the EQE SUV as dealerships try to sell off their remaining stock before the end of the year.

Cadillac lyriq EV

Cadillac Lyriq, deals to expect in late 2025

The Cadillac Lyriq is seeing regular markdowns, making it a strong contender for those looking for a luxury electric SUV on a budget. With more cars than buyers, Cadillac is offering low-interest loans, cash rebates, and loyalty bonuses.

As new models come out with better features, the Lyriq is getting priced lower to compete. If you can wait until late 2025, you’re likely to see even bigger discounts and more enticing offers to seal the deal.

Audi q8 e tron

Audi Q8 E Tron sees price drops before redesign

The Audi Q8 e-tron, a top-tier electric SUV, is already getting price cuts in anticipation of a major redesign. Dealers are eager to sell the current version and clear out inventory.

With the Q8 e-tron losing more than $50,000 in value over five years, buyers who act now could grab it at a bargain price. As the year comes to a close, expect even better discounts and additional incentives, making this the right time to make your move.

Genesis GV60 Magma on display at a showroom

Genesis GV60 is offering deep discounts in 2025

The Genesis GV60 is quickly becoming one of the most affordable luxury electric vehicles on the market. The competition is fierce, and Genesis is offering rebates, cash back, and special deals to attract buyers.

Genesis may not have the same recognition as other luxury brands, but if you’re willing to take a chance, you can score some impressive discounts. As 2025 winds down, expect even more aggressive pricing as dealerships try to clear out old inventory in favor of newer models.

lucid air at the charging station

Lucid Air, big discounts for electric car buyers

Lucid Air, known for its high-tech luxury features, is experiencing significant price drops as demand slows. Discounts can reach up to $31,500 for higher trims like the Grand Touring model.

With more competition in the luxury electric vehicle market, Lucid is offering aggressive deals to entice buyers. If you’ve had your eye on this stunning sedan, now’s the time to act before newer models push the price of current ones even lower.

Tesla model s

Tesla Model S, price drops and better deals

Tesla Model S, one of the most recognized electric sedans, is losing value fast. Over five years, it can drop by as much as $66,000. This makes it a great time for buyers to look for discounts.

With increasing competition and frequent price changes from Tesla, both new and used Model S vehicles are being marked down. If you can hold off a bit, the end of 2025 might offer the biggest savings yet, especially with extra incentives to sweeten the deal.

Mercedes-Benz EQS

Mercedes-Benz EQS, discounts on luxury EV sedans

The Mercedes-Benz EQS is a luxurious all-electric sedan that’s starting to see price cuts. With an increasing supply of used models and a shift in buyer preferences, dealers are looking to move their stock.

Since many of the first EQS models were leased, a wave of used vehicles is now on the market, creating more options for buyers. If you wait until late 2025, you can likely snag an even better deal, especially with lease returns flooding the market.

Shot of BMW i7 EV on display.

BMW i7 faces declining resale value

The BMW i7, a luxury EV sedan, is another victim of rapid tech advancement and high initial prices. Over five years, this vehicle could lose nearly $70,000 in resale value.

This fast depreciation is pushing dealerships to offer bigger discounts on both new and used i7 models. As newer models with updated tech continue to arrive, the i7’s value will keep dropping, which means more deals are likely as the year draws to a close.

Gray Audi e-tron GT parked outside a building

Audi e-tron GT, price drops as competition heats up

The Audi e-tron GT is a sleek and powerful electric sedan, but with increasing competition, prices are falling. The value of older models is shrinking as newer, more feature-rich versions take center stage.

If you’ve been eyeing the e-tron GT, now’s the perfect time to consider buying. As dealerships work to clear old stock, look for deep discounts and possibly even additional incentives to help lower the price further.

Rising loan concept.

Rising loan rates affect luxury SUV sales

While luxury SUVs are seeing price drops, rising loan rates are making it more difficult for some buyers to afford them. Even though prices are lower, the overall cost of financing has increased.

Despite the challenges, these high-end vehicles are still becoming more affordable compared to previous years. By holding off until the end of 2025, you may get access to even more discounts as dealers work to clear inventory.

Mercedes benz eqe

Electric SUV’s are seeing the steepest price cuts

If you’re considering an electric luxury SUV, you’re in luck. These models are seeing the most significant price drops, especially as automakers release new tech with improved ranges and features.

Buyers can benefit from these price reductions by acting quickly, as the older models lose value fast. With new features coming out almost yearly, 2025 will be the year for huge savings on electric SUVs.

A car dealer dealing customer.

Dealers face pressure to clear inventory by year’s end

Dealerships are under pressure to move vehicles before 2025 ends, which means bigger savings for buyers. The increase in unsold cars, especially luxury models, has forced dealers to offer deep discounts and incentives.

If you’re flexible with timing, waiting until late in the year could allow you to take advantage of even more markdowns and offers, as dealers work hard to clear space for next year’s models.

Shot of US dollars

More supply equals better prices on luxury EVs

The rise in supply of luxury electric vehicles means better prices for consumers. With an influx of new inventory and lease returns, the market is flooded with options, and prices are dropping as a result.

This creates a perfect storm for buyers, offering them the chance to snag a high-end electric SUV at a price they wouldn’t have gotten before. Patience could pay off big by the end of 2025.

Car buyer impressed with car details.

Luxury SUV shoppers can get incredible deals by waiting

If you’re in the market for a luxury SUV, waiting for the year-end clearance could mean serious savings. Many of these vehicles, especially the electric ones, will see significant price drops as the year progresses.

By holding off for a few months, you may be able to secure an even bigger discount or find a special financing deal to make your purchase even more affordable. It’s all about timing.

Ready to explore the hottest electric vehicles on the market? Check out which 18 EVs are giving Tesla a run for its money.

Upgrade concept

Now is a good time to upgrade to a luxury suv

With prices dropping and deals getting better, now might be the perfect moment to upgrade to a luxury SUV. If you’re ready for a new ride, this year offers an abundance of affordable options.

Whether you want a sleek electric sedan or a spacious luxury SUV, the market is shifting, and the deals are better than ever. Waiting for the right model to go on sale could mean you walk away with a great offer before 2025 ends.

Thinking about making the switch? Take a look at these Toyota hybrids, some of the fastest in RWD.

Enjoyed this? Drop a comment below and let us know which luxury SUV you’ve got your eye on! Don’t forget to hit that like button if you found this helpful.

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This slideshow was made with AI assistance and human editing.

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