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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
+189 Deal Score
436,267 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.
Add Comment
Created 05-01-2024 at 03:32 PM by p-rav
in Autos
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Deal
Score
+189
436,267 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 Nov 2009
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> bubble2 825 Posts
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drkazn
05-01-2024 at 05:19 PM.
05-01-2024 at 05:19 PM.
OP pls add to your post:

Monthly lease payment of $299 per month for 27 months is based on an adjusted capitalized cost of $44,695 (MSRP of $56,700 including destination and delivery fee of $1,400, plus acquisition fee of $995, less $3,000 capitalized cost reduction and additional $10,000 Polestar Clean Vehicle Incentive). Actual MSRP may vary and could affect your monthly lease payment. Cash due at signing includes $3,000 down payment, $299 first month's payment and $0 security deposit. Tax, title, license, registration and dealer fees are additional fees due at signing. Advertised payment does not include applicable taxes. Lessee is responsible for excess wear and mileage over 10,000 miles/year at $0.25/mile. Limited availability, excludes certain features and upgrades. Please visit or contact your local Space for more information.
Available to qualified customers that meet PFS credit standards at authorized Polestar Spaces. Not everyone will qualify. Offer valid from May 1, 2024 until May 31, 2024. Must take delivery by May 31, 2024. See your participating Polestar Space for details. Polestar reserves the right to make changes to any information and elements at any time, e.g. to final prices, taxes, fees, etc. Automobile financing and account servicing provided by Volvo Car Financial Services U.S., LLC, d/b/a Polestar Financial Services. Polestar Financial Services is a registered trademark of Polestar Holding AB.
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Joined Nov 2006
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PortlandME
05-01-2024 at 05:20 PM.

Our community has rated this post as helpful. If you agree, why not thank PortlandME

05-01-2024 at 05:20 PM.
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.
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ldsp
05-01-2024 at 05:20 PM.
05-01-2024 at 05:20 PM.
I am interested in jumping to this deal but have never done the lease before. are there any additional things negotiable? or as long as the number $1k down after costco coupon, and $299 a month, it should be fine. Anything else out of pocket?
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Joined Mar 2005
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bullgates
05-01-2024 at 05:24 PM.
05-01-2024 at 05:24 PM.
Quote from ultracheapmofo :
Why is Polestar available for sale in US and not BYD?

Volvo owns Polestar. BYD can't fake it. Unless of course there is a loophole for them. Like building a plant in Mexico
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Joined Mar 2005
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> bubble2 3,984 Posts
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bullgates
05-01-2024 at 05:25 PM.
05-01-2024 at 05:25 PM.
Quote from PortlandME :
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.

There are some complaints from reviews. Usually related to interior space and placement of certain items (armrest)
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Joined Sep 2008
Dont leav home without SD
> bubble2 2,014 Posts
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dealsalways
05-01-2024 at 05:30 PM.
05-01-2024 at 05:30 PM.
Quote from PortlandME :
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.
I was very pleasantly surprised by how nice the Bolt EUV (on Hertz rental.. I'm guessing it was single motor?). was. I'd bite if there was a lease for under $200 net ! Just for an extra vehicle.. Strange why GM doesn't do lease credit passthrough. Really stingy..
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mannyv
05-01-2024 at 05:36 PM.
05-01-2024 at 05:36 PM.
Quote from ldsp :
I am interested in jumping to this deal but have never done the lease before. are there any additional things negotiable? or as long as the number $1k down after costco coupon, and $299 a month, it should be fine. Anything else out of pocket?
Be sure to get gap insurance from your current insurance carrier. And try to move that $1k payment into the lease (ie: try to get nothing up front except for the first month's payment). You generally don't want to prepay your rental (which is what a capital cost reduction basically is).
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Joined Jul 2019
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> bubble2 420 Posts
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tengtengvn
05-01-2024 at 05:38 PM.
05-01-2024 at 05:38 PM.
Quote from bullgates :
Volvo side brand

More like Geely. Volvo filed for divorce.
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WickedDrip
05-01-2024 at 05:42 PM.
05-01-2024 at 05:42 PM.
Quote from bullgates :
Volvo owns Polestar. BYD can't fake it. Unless of course there is a loophole for them. Like building a plant in Mexico
This is no longer true. Polestar rolls up to Geely directly now.
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drkazn
05-01-2024 at 05:43 PM.
05-01-2024 at 05:43 PM.
Quote from bullgates :
There are some complaints from reviews. Usually related to interior space and placement of certain items (armrest)
So test drive it!!!!!
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Joined Jan 2020
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WickedDrip
05-01-2024 at 05:44 PM.
05-01-2024 at 05:44 PM.
Wait until you see the Volvo EX30 coming soon. They'll be dumping these stateside, direct from China at a loss. Good for consumers, bad for the competition.
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Joined Dec 2012
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Sharpxia
05-01-2024 at 05:51 PM.
05-01-2024 at 05:51 PM.
Wonder what if all people stopped buying EV just for one month, and what kind deal we can get for the next month.😂😂😂
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