First-ever 2023 Cadillac Escalade-V Raises $500,000 At Auction, To Benefit College

First-ever 2023 Cadillac Escalade-V raises $500,000 at auction, to benefit Pensole Lewis College of Business & Design.

An additional $25,000 was donated to the cause by an unnamed patron for a grand total of $525,000.

The 2023 Cadillac Escalade-V is the brand’s first-ever Sports Utility Vehicle to wear the V-Series badge.

Price from $149,990, the 682-horsepower Cadillac Escalade-V is the brand’s most powerful SUV yet.

Back in May, General Motors (GM) luxury brand Cadillac introduced the 2023 Cadillac Escalade-V – an ultimate high-performance version of its high-riding luxury full-size SUV.

Fitted with a tweaked version of the supercharged 6.2-liter V8 engine from the CT5-V Blackwing, the 682-horsepower Escalade-V, priced from $149,990, is Cadillac’s most powerful and most expensive SUV yet.

Now the very first example of 2023 Cadillac Escalade-V utility vehicle ever made has been sold for a record-breaking price of $500,000 at Barrett-Jackson’s latest auction in Las Vegas, United States.

All the proceeds from the auction will go to Pensole Lewis College (PLC) of Business & Design, which will help students to grow their skills through “intensive curriculums aimed at providing real-life experiences relevant to their disciplines”.

In addition, an unnamed patron donated $25,000 to the cause for a grand total of $525,000, with the full hammer price going to PLC as Barrett-Jackson waived all fees and commissions as they have done with all charity cars at their auctions.

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“Cadillac champions big dreams and bold ambitions, and we are thrilled with this auction result,” said Global Cadillac Vice President Rory Harvey.

“We are grateful to Barrett-Jackson for providing a platform that will help make a difference for the next generation of creatives in Cadillac’s hometown of Detroit.”

Dr. Edwards, who reestablished the college, said :

“We are both grateful to Cadillac for its contribution toward diversifying the design industry and for providing support to the next generation of creative talent,”

In addition to the first 682-horsepower Escalade-V VIN 001, the winning bidder will have the opportunity to design a pair of custom sneakers with Dr. Edwards, that will be manufactured as a one-of-one run.

The winning bidder will also receive an exclusive signed and framed 12 x 18 inch design-studio theme sketch of the 2023 Cadillac Escalade-V by Robert Hunwick, the lead exterior designer for the Escalade-V.

The 2023 Escalade-V is the first-ever Cadillac SUV to wear the V-Series badge — an elevation of design, performance and technology and the purest expression of the passion that exists at the core of Cadillac.

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