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Select Costco Members: $2k Off a 2024 Polestar 2 Dual-Motor EV, Lease for

$299/Month for 27 Months
w/ $1k Down for Qualified Buyers
+190 Deal Score
440,994 Views
Polestar is offering a 2024 Polestar 2 Long Range Dual Motor Electric Vehicle for Lease for $299 per month for 27 Months with $1,000 Down for Qualified Buyers with Active Costco Memberships (only for active members as of 4/30) who present their Members Only Incentive Offer for a $2,000 Savings towards the Lease of a 2024 Polestar 2 valid at Participating Locations Only. Availability inventory and pricing will vary by location and selected model.

Thanks to Community Member p-rav for sharing this deal.
  • Note: Price is estimated using the base MSRP of $56,700 of the 2024 Model, any additional features / additions may increase the lease price.
Deal Details:
  1. Visit the Costco $2,000 Incentive Offer page and Register to receive your Unique $2,000 Savings Certificate, you will present this certificate with your unique code (digital or printed) during your Lease Offer.
    • Note: You must be a current Costco member as of April 30, 2024 to get this deal.
  2. Visit the Polestar Lease Offer page and check for available inventory in your area.
    • Note: The online builder / pricing tool may not properly reflect the Lease offer at this time so you will need to verify this offer is available in your area or at authorized Polestar Spaces.
  3. Your estimated Lease Price should be as follows with all applicable offers for Qualifying Buyers:
    • $3,000 Down Payment - $2,000 Costco Member Incentive = $1,000 Final Down Payment
    • $299 Per month for 27-Months
    • $1,299 Due at Signing (Down Payment + First Months Payment)
Good Deal?

Original Post

Written by
Edited May 2, 2024 at 12:17 PM by
https://www.polestar.com/us/offer...rdm-lease/

Found this via the Polestar subreddit.

$299/month for the base Long Range Dual Motor version, with a $3000 down payment. Should be about $20 or so more per month if you add Pilot and Plus packages.

Costco Auto has a $2000 member-only incentive which will help reduce the down payment to $1000:
https://www.costcoauto.com/save/m...=polestar2


Someone in the polestar subreddit did some math with the configurator and compared it to the Tesla Model 3:
https://old.reddit.com/r/Polestar...pricing_i/

But with a callout
> Need to call out that Model 3 is a base RWD Model 3 vs Polestar with the free Dual Motor / Pilot upgrade. Also taxes and fees are excluded.
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Created 05-01-2024 at 03:32 PM by p-rav
in Autos
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Deal
Score
+190
440,994 Views
$299/Month for 27 Months

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Featured Comments

I like EV's a lot (currently own 2)… rented a Polestar 2 for a week while traveling and really hated it. Felt super small inside and did not make good use of the interior space like most other EV's do. We had heard good things about Polestars and were surprised how much we didn't like it. It was such a treat to return home to our Bolt EUV.
Volvo side brand
Can't sign up for Costco to get the discount only for members before 4/30

* Registration required. Must be a member by April 30, 2024. Place order by July 31, 2024. Click for full restrictions, eligibility and details.*

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Joined Feb 2008
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> bubble2 2,524 Posts
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Jacads
05-13-2024 at 02:20 PM.
05-13-2024 at 02:20 PM.
Quote from p-rav :
Will go up by about $550 for 6 months.

Damn. Adding my 19 year old was $4600 per year. Anyone recommend an insurance company if I got him his own policy. Polestar salesman said progressive was cheapest. Can't wait to see what it will cost me for my 16 year old daughter if I get two of them.
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Joined Jul 2006
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> bubble2 7,774 Posts
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fbueller
05-13-2024 at 02:23 PM.
05-13-2024 at 02:23 PM.
Quote from Jacads :
Damn. Adding my 19 year old was $4600 per year. Anyone recommend an insurance company if I got him his own policy. Polestar salesman said progressive was cheapest. Can't wait to see what it will cost me for my 16 year old daughter if I get two of them.
State Farm was the cheapest we found, but this is for a 50 year old female in SoCal.
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Joined Feb 2008
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> bubble2 2,524 Posts
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Jacads
05-13-2024 at 02:32 PM.
05-13-2024 at 02:32 PM.
Quote from fbueller :
State Farm was the cheapest we found, but this is for a 50 year old female in SoCal.

I'm going to shop around and just get him his own policy. His current 2006 Lexus is only $700 year
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Joined Jun 2014
L7: Teacher
> bubble2 2,870 Posts
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EdEd1190
05-13-2024 at 02:40 PM.
05-13-2024 at 02:40 PM.
Quote from Jacads :
Damn. Adding my 19 year old was $4600 per year. Anyone recommend an insurance company if I got him his own policy. Polestar salesman said progressive was cheapest. Can't wait to see what it will cost me for my 16 year old daughter if I get two of them.
State Farm was also the cheapest for me. My policy actually went down when I went from a Lexus 2 door coupe to an EV.

Do you have an old paid off beater car without full coverage (PIP/Liability only, no comp/collision)? If so, put your son as the primary driver on the beater car. Then put the Polestar under you as primary driver. That will make rates go way down. It is the comp/collision on a new car for a 19 year old (especially male) go sky-high.
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Joined Feb 2008
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> bubble2 2,524 Posts
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Jacads
05-13-2024 at 02:47 PM.
05-13-2024 at 02:47 PM.
Quote from EdEd1190 :
State Farm was also the cheapest for me. My policy actually went down when I went from a Lexus 2 door coupe to an EV.

Do you have an old paid off beater car without full coverage (PIP/Liability only, no comp/collision)? If so, put your son as the primary driver on the beater car. Then put the Polestar under you as primary driver. That will make rates go way down. It is the comp/collision on a new car for a 19 year old (especially male) go sky-high.

Yes he currently has a 2006 Lexus gs300 I pay $700 year for
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Joined May 2006
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> bubble2 3,668 Posts
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na_tra
05-13-2024 at 02:50 PM.
05-13-2024 at 02:50 PM.
Quote from Jacads :
Damn. Adding my 19 year old was $4600 per year. Anyone recommend an insurance company if I got him his own policy. Polestar salesman said progressive was cheapest. Can't wait to see what it will cost me for my 16 year old daughter if I get two of them.
Check with the insurance company via Costco. Mine went up just under 3k/year when I added my son on the policy (corolla and sienna) with Geico. I called the insurance via Costco and paid around less than $600/year.

Unfortunately, that insurance stops selling new policy in California.
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Joined Feb 2008
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Jacads
05-13-2024 at 02:51 PM.
05-13-2024 at 02:51 PM.
Quote from na_tra :
Check with the insurance company via Costco. Mine went up just under 3k/year when I added my son on the policy (corolla and sienna) with Geico. I called the insurance via Costco and paid around less than $600/year.

Unfortunately, that insurance stops selling new policy in California.

I'm in Minnesota I will check on it
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Joined Mar 2007
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quitwhining
05-13-2024 at 02:53 PM.
05-13-2024 at 02:53 PM.
Quote from Jacads :
We test drove one in Minneapolis yesterday. I was skeptical and was only interested because of the lease deal. After test driving I was very impressed with the vehicle. My daughter loved it. The salesman was very nice and very knowledgeable. The car was roomier than I thought plenty of room in back seat area. I was going to get my daughter a Honda cr-v but she likes this one much more. I still want to check out the ioniq 5 because there are some deals on those right now as well. The salesman did say we could use the $2k Costco coupon as part of the down payment. The vehicle also comes with 4 years of complimentary 4gLTE as part of the package according to the salesman. I'm actually thinking of getting my son one also ti use during college. He test drives tomorrow.
Are you local to that dealer? Sounds like the dealer isn't playing a bunch of games unlike some other folks are going through. If you aren't local did they talk at all about warranty work etc? (I did some digging and it looked like 100 miles was the distance that they would work with but there was conflicting info) I was considering one and Minneapolis is the nearest dealer for me but the distance had me walk away.
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Joined Feb 2012
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> bubble2 1,096 Posts
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tosaynet
05-13-2024 at 03:44 PM.
05-13-2024 at 03:44 PM.
Quote from EdEd1190 :
When I say cheap EV, I don't mean cheap quality, I mean cheap price tag.

Exactly my point is the L9 in the video in your link. That EV is about $60,000 US Dollars, directly converted from Chinese Yuan sales price sold in China to USD.

Making that in the US (or even making it in China that meets all the US safety standards and importing it), you can bump that up to at least $70,000+.

So that is not a cheap Chinese EV. That is an expensive luxury EV.

When I say cheap Chinese EV, I'm talking about EVs in the $20,000 range (like they have in China). I think that we will never see those in the U.S. Because they won't be able to produce and sell those here and make a profit on them.
Oh I see what you mean, yeah I agree we will never see those EVs, especially with the 100% tariff incentive on Chinese EV nod
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Joined Dec 2006
L6: Expert
> bubble2 1,342 Posts
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bibb
05-13-2024 at 03:55 PM.
05-13-2024 at 03:55 PM.
Quote from EdEd1190 :
.....Do you have an old paid off beater car without full coverage (PIP/Liability only, no comp/collision)? If so, put your son as the primary driver on the beater car. Then put the Polestar under you as primary driver. That will make rates go way down. It is the comp/collision on a new car for a 19 year old (especially male) go sky-high.

Never put a male on a new/collision vehicle. 25 years old and married will help.
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Joined Mar 2010
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Original Poster
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p-rav
05-13-2024 at 10:03 PM.
05-13-2024 at 10:03 PM.
Quote from Jacads :
Damn. Adding my 19 year old was $4600 per year. Anyone recommend an insurance company if I got him his own policy. Polestar salesman said progressive was cheapest. Can't wait to see what it will cost me for my 16 year old daughter if I get two of them.
Woah that's so much money for insurance OMG
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Joined Jun 2006
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> bubble2 3,255 Posts
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DAC21
05-14-2024 at 02:12 AM.
05-14-2024 at 02:12 AM.
Quote from schlack :
7500 miles is about 30 miles a day, weekdays, if used nearly every week in the year. What u smoking.
Yep, and many people are still working from home / retired. That and many EV owners have an ICE for the long trips.
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Joined Jun 2014
L7: Teacher
> bubble2 2,870 Posts
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EdEd1190
05-14-2024 at 06:38 AM.
05-14-2024 at 06:38 AM.
Quote from Jacads :
Yes he currently has a 2006 Lexus gs300 I pay $700 year for
What would the insurance quote be like this:

(1) Keep the 2006 Lexus, drop full coverage (if you have it). Only keep the minimum legally required PIP/Liability (no Comp/Collision). Max out the deductibles. Minimize coverage to a bare bones policy. Then have you son on that car as the primary driver. Park the 2006 Lexus around back and let it rot away (but need to keep valid registration). Then when your daughter can drive, add her as a secondary driver to this car.

(2) Put the EV under your name as the primary driver. Your household members are covered under your policy if they occasionally drive it.

It might be cheaper to keep an old beater car around for you children. Then you also have an old beater if you want to do thing like haul stuff to the dump, haul around chemicals, carry Christmas trees on the roof, etc.
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Last edited by EdEd1190 May 14, 2024 at 06:40 AM.
Joined Dec 2007
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> bubble2 191 Posts
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spaml
05-14-2024 at 06:57 AM.
05-14-2024 at 06:57 AM.
Everyone looking about charging look into ample the swap battery's like nio in China they going national
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Joined Jun 2014
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EdEd1190
05-14-2024 at 07:50 AM.
05-14-2024 at 07:50 AM.
Quote from spaml :
Everyone looking about charging look into ample the swap battery's like nio in China they going national
Battery swapping doesn't scale. Battery swapping costs more than slow charging at home. Lots of wear and tear on battery and car. People would only need swapping during long roundtrips. DC fast chargers will charge a car in the time it takes to go into the service plaza, go to the bathroom, and grab a snack.

Battery swapping is a non-starter. That's why Tesla ditched it and went all in on the Supercharger network.
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