A “conquest rebate” offered by Cadillac is an incentive program designed to attract customers who are currently driving vehicles from competing brands. This rebate provides a financial discount on the purchase or lease of a new Cadillac vehicle, but eligibility is typically contingent on the customer proving ownership or a current lease of a non-Cadillac vehicle. For instance, someone leasing an Acura sedan might be eligible for a significant price reduction when switching to a Cadillac model.
The purpose of this strategy is to expand Cadillac’s market share by persuading drivers loyal to other brands to consider and ultimately choose a Cadillac. This approach can be especially effective when Cadillac is introducing a new model or facing increased competition. Historically, manufacturers have used such rebates to gain an edge in a competitive automotive market, appealing to price-sensitive consumers who might not have considered their brand otherwise. They are also employed as tactical responses to competitors’ promotional campaigns, or used to boost sales during periods of slow market activity.