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Get Up to a $5,000 EV & Hybrid Owners Bonus at Forbes Cadillac

Posted on September 23, 2026

Get Up to a $5,000 EV & Hybrid Owners Bonus at Forbes Cadillac

Already driving an electric or hybrid vehicle but thinking about making the move to a new Cadillac EV? September could be an excellent time to explore what's next at Forbes Cadillac in Waterloo.

 

For a limited time, eligible Canadian EV and hybrid owners can receive an EV & Hybrid Owners Bonus of $5,000 when purchasing or financing an eligible new Cadillac EV, or $2,500 when leasing. Better yet, your current electric or hybrid vehicle does not need to be a Cadillac, and no trade-in is required.

 

The offer is available on select new in-stock or in-transit 2026 and 2027 Cadillac electric vehicles delivered between September 1 and September 30, 2026, while supplies last and subject to eligibility requirements.

 

If you've already experienced the benefits of driving an EV, hybrid, or plug-in hybrid and have been considering stepping into Cadillac luxury, here's what you need to know about this limited-time opportunity.

 

How Does the Cadillac EV & Hybrid Owners Bonus Work?

The premise is simple: Cadillac is offering an additional incentive to qualifying drivers who already own, finance, or lease an electric or hybrid vehicle and are ready to purchase, finance, or lease an eligible new Cadillac EV.

 

For eligible customers, the bonus amount depends on how you choose to get into your new Cadillac:

• Cash Purchase or Finance: Receive a $5,000 EV & Hybrid Owners Bonus on eligible models.
• Lease: Receive a $2,500 EV & Hybrid Owners Bonus on eligible models.

 

Financing is available on approved credit, and additional program conditions apply. The bonus is deducted from the negotiated purchase price before taxes and has no cash surrender value.

 

Most importantly, this isn't limited to people who currently drive a Cadillac. If your qualifying vehicle is from another automotive brand, you can still be eligible. You also aren't required to trade in that vehicle to take advantage of the offer.

 

That means you can keep your current qualifying EV or hybrid while adding a new Cadillac EV to your household, provided you meet the program's other eligibility requirements.

 

Contact Forbes Cadillac to Learn More About the EV & Hybrid Owners Bonus

 

Do You Qualify for the Cadillac EV Owners Bonus?

If there's already an electrified vehicle in your driveway, it's worth checking your eligibility.

 

To qualify, an eligible retail customer in Canada must currently own, finance, or lease a battery-electric vehicle (BEV), hybrid-electric vehicle (HEV), or plug-in hybrid-electric vehicle (PHEV). The qualifying vehicle must have been registered in Canada in the customer's name for at least 60 consecutive days before the new Cadillac purchase date.

 

If the existing vehicle is currently financed or leased, that agreement must also be in good standing and not in default or arrears.

 

Because the qualifying vehicle can be from another manufacturer, the offer opens the door to drivers who have already embraced electrified driving but haven't previously considered Cadillac. And since no trade-in is required, qualifying doesn't necessarily mean saying goodbye to the vehicle you already own.

 

Before making your purchase or lease decision, speak with the Forbes Cadillac team in Waterloo to confirm your eligibility and applicable program conditions.

 

Which Cadillac EVs Are Eligible?

Cadillac's electric lineup has expanded significantly, giving shoppers several different approaches to all-electric luxury. The current September offer applies to select new in-stock and in-transit 2026 Cadillac OPTIQ, LYRIQ, VISTIQ, ESCALADE IQ and ESCALADE IQL models, along with select 2027 Cadillac OPTIQ, LYRIQ and VISTIQ models.

 

That gives drivers the opportunity to choose an EV based on their lifestyle rather than simply choosing electric propulsion.

 

Cadillac OPTIQ

The Cadillac OPTIQ provides a more compact entry into Cadillac's electric SUV lineup. Cadillac positions OPTIQ around sporty styling, electric agility, and everyday city living, making it an appealing option for drivers who want premium EV technology in a versatile two-row SUV.

 

Cadillac LYRIQ

The Cadillac LYRIQ combines expressive Cadillac styling with a sophisticated all-electric driving experience. Its two-row SUV configuration makes it a natural fit for drivers looking for everyday practicality without giving up the comfort, design, and technology expected from a modern luxury vehicle.

 

Cadillac VISTIQ

Need more passenger space? The Cadillac VISTIQ brings three-row versatility to Cadillac's EV range. It's designed for drivers and families who want additional seating and cargo flexibility while moving into an all-electric luxury SUV.

 

Cadillac ESCALADE IQ & ESCALADE IQL

At the top of the lineup are the Cadillac ESCALADE IQ and extended-length ESCALADE IQL. These models bring the unmistakable presence of the Escalade name into Cadillac's electric era, combining substantial passenger and cargo space with advanced technology and impressive EV performance.

 

The ESCALADE IQL, for example, offers three-row seating for seven and a Cadillac-estimated 750 horsepower when using Velocity Max. Cadillac also equips the model with a sweeping 55-inch total-diagonal pillar-to-pillar display and standard Super Cruise capability with an included three-year trial.

 

With models ranging from the OPTIQ to the ESCALADE IQL, there are several ways to make the transition from your current EV or hybrid to a Cadillac EV.

 

Explore Cadillac EVs Available at Forbes Cadillac

 

Already Driving Electrified? See What Cadillac Has to Offer

For someone who already owns an EV or hybrid, making the switch to a Cadillac EV isn't necessarily about discovering electrified driving for the first time. Instead, it can be about adding a new level of luxury, technology, space, or performance to an experience you're already familiar with.

 

Cadillac's current EV lineup stretches across multiple SUV sizes and configurations. That means a driver coming from a smaller hybrid can explore the OPTIQ or LYRIQ, while a family looking for three rows can consider the VISTIQ. Drivers seeking the space and presence of a full-size luxury SUV can look toward the ESCALADE IQ and ESCALADE IQL.

 

Cadillac has also continued to develop the charging experience around its EV lineup. Depending on the model and equipment, drivers can take advantage of home Level 2 charging and public DC fast charging, while Cadillac's connected tools can help locate compatible public charging stations and plan routes.

 

If you've been waiting for the right opportunity to explore a luxury EV, the September Owners Bonus could make that decision particularly timely.

 

No Cadillac Ownership and No Trade-In Required

One of the most important parts of this program is what it doesn't require.

 

You don't need to currently own a Cadillac, and you don't have to trade in your existing qualifying vehicle.

 

As long as your current BEV, HEV, or PHEV meets the ownership, financing, leasing, registration, and program requirements, you may qualify for the bonus when choosing an eligible new Cadillac EV.

 

For households with multiple drivers, that flexibility can be particularly useful. You may want to keep your current electrified vehicle as a second vehicle while adding a Cadillac EV, rather than replacing it entirely.

 

It's also important to note that this offer cannot be combined with the existing Cadillac Loyalty Program or certain other offers. The Forbes Cadillac team can review the current incentives available for the specific vehicle you're considering and explain which programs can be combined.

 

Make the Move to a Cadillac EV at Forbes Cadillac in Waterloo

If you already own, finance, or lease an EV, hybrid, or plug-in hybrid, now is a great time to see what Cadillac's expanding electric lineup has to offer.

 

From the versatile Cadillac OPTIQ and sophisticated LYRIQ to the three-row VISTIQ and commanding ESCALADE IQ and ESCALADE IQL, Forbes Cadillac can help you compare the models and find an electric luxury SUV that fits your driving needs.

 

Eligible customers can receive a $5,000 EV & Hybrid Owners Bonus with a cash purchase or finance purchase, or a $2,500 bonus when leasing an eligible Cadillac EV. There's no trade-in required, and your qualifying EV or hybrid doesn't have to be a Cadillac.

 

The current offer applies to eligible vehicles delivered from September 1 through September 30, 2026, while supplies last, so visit Forbes Cadillac in Waterloo to confirm eligibility and explore available or incoming Cadillac EV inventory.

 

Visit Forbes Cadillac and Explore Your Cadillac EV Options Today

 

Offer Disclaimer: EV & Hybrid Owners Bonus of $2,500 (lease only) or $5,000 (cash/finance purchase only on approved credit) available to eligible retail customers in Canada on select new in-stock/in-transit 2026 Cadillac OPTIQ, LYRIQ, VISTIQ, ESCALADE IQ and ESCALADE IQL and 2027 Cadillac OPTIQ, LYRIQ and VISTIQ models delivered between September 1, 2026 and September 30, 2026, while supplies last. Eligible customers must, as of new vehicle purchase date, currently own, finance or lease any model of battery (BEV), hybrid (HEV) or plug-in hybrid (PHEV) electric vehicle which has been registered in Canada in the customer's name for 60 consecutive days prior. Must be in good standing (not in default or arrears) on any current finance or lease, if applicable. Offer will be deducted from the negotiated purchase price before taxes, cannot be applied to past transactions, and has no cash surrender or other value. Incentive protection does not apply. Dealers may sell for less. If applicable, factory order or dealer trade may be required but may not always be available. Offer cannot be combined with the existing Cadillac Loyalty Program or certain other offers and may be modified or terminated by General Motors at any time without notice. Conditions apply. See Forbes Cadillac for complete details.

 

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