From March 1 to May 2, 2022, eligible Costco members who purchase or lease select 2021 or 2022 Cadillac models can combine a $1,500 member-only incentive with all other applicable Cadillac incentives and programs.

To qualify for the offer, you must have been a Costco member by February 28, 2022. The $1,500 incentive can be applied on Cadillac XT4, XT6, and XT6 crossover SUVs, as well as Cadillac CT4 and CT5 sports sedans.

Leasehackr’s Take

We think this incentive is helpful for those set on a Cadillac vehicle. That said, most vehicles in their lineup have low residual values (around 50 percent of MSRP after 36 months), resulting in a rather pricey lease—even with the Costco incentive.

Here’s an example of a hypothetical 2022 Cadillac XT5 Premium Luxury lease with no discounts or markup (i.e., sold at MSRP) with the $1,500 Costco incentive applied, together with the $500 incentive currently available on XT5. With a 52 percent residual value after 36 months at 10,000 miles per year, it translates to a $655 per month lease with $0 down payment, before taxes and fees.