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General Motors announces Cadillac ELR pricing

Vehicles for sale are parked at a Cadillac dealer in Sherman Oaks
Vehicles for sale are parked at a Cadillac dealer in Sherman Oaks

DETROIT (WKZO) -- When the Cadillac ELR plug-in luxury coupe hits dealer lots next year it will come with a price tag starting at 79,995-dollars.

The production of the vehicle is expected to start in December at GM's Hamtramck Plant with vehicles getting to dealers in January.  The automaker says the car will have a range of greater than 300 miles overall while the battery-only range is approximately 35 highway miles.

GM officials say the government is still offering a 75-hundred dollar tax credit which brings the net cost of the vehicle to 68,495-dollars.

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