The Cadillac CTS’ high price tag was blamed for lackluster sales and it appears the company has acknowledged this as the 2020 CT5 will cost $9,105 less than the outgoing model.

According to Autoblog, the entry-level CT5 Luxury will have a base price of $37,890. That’s significantly less than the 2019 CTS and similarly sized vehicles such as the Audi A6 ($54,100), BMW 5-Series ($53,400) and Mercedes E-Class ($53,500).

Cadillac hasn’t released detailed specifications, but the automaker has previously confirmed the CT5 Luxury will come standard with LED lighting units, active noise cancellation technology and forward collision alert with automatic emergency braking. Buyers will also find a 10-inch infotainment system and voice recognition technology.

Power is provided by a turbocharged 2.0-liter four-cylinder engine that produces 237 hp (177 kW / 240 PS) and 258 lb-ft (350 Nm) of torque. The engine is connected to a ten-speed automatic transmission and a standard rear-wheel drive system.

2020 Cadillac CT5 4

Buyers looking for something more luxurious can opt for the mid-level CT5 Premium Luxury which starts at $41,690. The model boasts additional equipment including auto-dimming mirrors, rear park assist and a blind spot warning system. Inside, customers will find leather seats, a wireless smartphone charger and LED ambient lighting.

The CT5 Sport will carry a base price of $42,690 and it features unique styling inside and out. Exterior changes include sportier fascias, a revised grille and standard 19-inch alloy wheels. The model also has rocker extensions, a rear spoiler and black accents.

The sporty styling continues in the cabin as drivers will find heavily bolstered front seats and a steering wheel with magnesium paddle shifters. The model also has carbon fiber trim and Brembo front brakes.

All-wheel drive will be optional, but it’s a tad pricey as it adds $2,600 – $3,090 to the base price. On the bright side, Cadillac throws in the Cold Climate Package which includes heated front seats and a heated steering wheel.

Also Read: 2020 Cadillac CT5 Is A Compact (Priced) Sports Sedan The Size Of A BMW 5-Series

The 2020 Cadillac CT5 will go on sale this fall and it will eventually be joined by the new CT5-V.