The Cadillac CT4 is a convincing American alternative to segment stalwarts such as the BMW 2 Series Gran Coupe and Mercedes-Benz A-Class. The entry-level 2.0-liter turbocharged four-cylinder not only boasts more power than the 228i GC but is also priced at a very appealing $34,890 - nearly $1,000 less than its competitor from Munich. More comparable in size to the 3 Series, the littlest Cadillac offers great value.

This hasn't stopped the Detroit-based carmaker from offering a discount on the CT4 for February 2022, with $500 off when financing or purchasing a 2021 model and the same amount available towards lease deals. Also available is interest-free financing for 36 months on both '21 and '22 CT4 model years.

There are several caveats to the deal. In order to qualify for the 0% APR, the CT4 must be financed through GM Financial. 2021 models are eligible for the $500 purchase allowance, something MY22 models are not privy to. This deal excludes the CT4-V Blackwing.

If a cash purchase or financing doesn't suit your lifestyle, there are also deals to be had on CT4 lease offers. Cadillac is offering $500 cashback on the 2021 model. While MY21 CT4 RWD Premium Luxury derivatives don't receive the same deal, the lease offer is appealing. The brand is offering the plusher model at $379 p/m for 36 months, with no security deposit required.

However, $3,609 is due at signing for current lessees of MY17 or newer GM vehicles, after all offers. This is tied to an ultra-low mileage lease, with a 10,000-mile annual limit. These deals are available at Cadillac dealerships nationwide and will run through to February 28, 2022. It's worth noting some customers may not be eligible for the discount offers.

This isn't the only deal currently running on GM vehicles. Sister brand Chevrolet has also placed discounts on the Chevrolet Blazer for the month of February, with up to $1,750 off the price of the two-row SUV. Similarly, the Bowtie Brand has taken to slashing the price on Silverado pickups with $3,250 off certain models.

While the $500 discount on the CT4 may pale in comparison to the aforementioned discounts, customers will surely appreciate GM's effort, especially in the current climate, where dealerships are placing ridiculous markups on new cars.