 On Rotten Tomatoes the film has an approval rating of 55% based on 11 reviews.Metacritic gives it a score of 50 out of 100 based on 21 critic reviews.Audiences surveyed by CinemaScore gave the film a grade "B-" on scale of A to F.

Critic Roger Ebert had mixed feelings about the film, giving it a two out of four stars, stating, "My problems with "Cadillac Man" were probably inspired more by false expectations than by anything on the screen, and maybe if Robbins had come crashing in through the window in the first scene I would have liked it more."