The average Cadillac Escalade is selling for over $102,000, report says

Cadillac's biggest SUV is bringing in the big bucks.

An analysis by Kelley Blue Book found that the average transaction price (ATP) for the 2021 Escalade was $102,183 in the first quarter of the year.

That makes the Escalade the best-selling vehicle over $100,000, with 9,842 delivered in the period, during which the brand's sales were up 66 percent compared to 2020.

The all-new Escalade starts at $78,890, but heavily optioned versions can run over $110,000, suggesting most buyers are choosing the highest trims. It is currently being offered without any national incentive programs and iseecars.com reports that it is one of the quickest-selling vehicles, taking less than 16 days to sell compared to a new car average of 47.4 days.

General Motors has been prioritizing production of the Escalade and its other full-size SUVs during the ongoing semiconductor chip shortage, and the Arlington, Texas, factory that builds it has been operating on a regular schedule to keep up with demand.

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Cadillac has not confirmed the Kelley Blue Book figures, but reported an overall ATP of $58,550, which the brand's Vice President, Rory Harvey, said is second in its segment only to Mercedes-Benz.