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expiredp-rav posted May 01, 2024 10:32 PM
expiredp-rav posted May 01, 2024 10:32 PM

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

w/ $1k Down for Qualified Buyers

$299/Month for 27 Months

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Deal Details
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)

Editor's Notes

Written by SaltyOne | Staff
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • Offer Terms:
    • Costco Incentive:
      • To qualify for the Polestar Limited-Time Special, you must: (1) be a current Costco member on or before April 30, 2024; (2) register with Costco Auto Program online or through its call center by July 31, 2024 to receive a certificate with your unique promotion code; (3) present your certificate and unique promotion code to any Polestar dealer at time of visit; (4) place order between May 1, 2024 and July 31, 2024 of an eligible Polestar 2 model to receive a $2,000 Costco member-only incentive. The incentive will be applied at time of purchase or lease and is compatible with other eligible Polestar incentives for which the Costco member qualifies.
    • Polestar Offer:
      • 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.
      • 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.
  • Please see the original post for additional details & refer to the forum thread for discussion.

Original Post

Written by p-rav
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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)

Editor's Notes

Written by SaltyOne | Staff
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • Offer Terms:
    • Costco Incentive:
      • To qualify for the Polestar Limited-Time Special, you must: (1) be a current Costco member on or before April 30, 2024; (2) register with Costco Auto Program online or through its call center by July 31, 2024 to receive a certificate with your unique promotion code; (3) present your certificate and unique promotion code to any Polestar dealer at time of visit; (4) place order between May 1, 2024 and July 31, 2024 of an eligible Polestar 2 model to receive a $2,000 Costco member-only incentive. The incentive will be applied at time of purchase or lease and is compatible with other eligible Polestar incentives for which the Costco member qualifies.
    • Polestar Offer:
      • 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.
      • 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.
  • Please see the original post for additional details & refer to the forum thread for discussion.

Original Post

Written by p-rav

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Top Comments

PortlandME
699 Posts
761 Reputation
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.
bullgates
4088 Posts
504 Reputation
Volvo side brand
import1411
239 Posts
66 Reputation
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.*

792 Comments

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May 02, 2024 12:20 AM
26 Posts
Joined Oct 2018
ldspMay 02, 2024 12:20 AM
26 Posts
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?
May 02, 2024 12:24 AM
4,088 Posts
Joined Mar 2005
bullgatesMay 02, 2024 12:24 AM
4,088 Posts

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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
1
May 02, 2024 12:25 AM
4,088 Posts
Joined Mar 2005
bullgatesMay 02, 2024 12:25 AM
4,088 Posts
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)
May 02, 2024 12:30 AM
2,385 Posts
Joined Sep 2008
dealsalwaysMay 02, 2024 12:30 AM
2,385 Posts
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..
2
1
May 02, 2024 12:36 AM
484 Posts
Joined Sep 2007
mannyvMay 02, 2024 12:36 AM
484 Posts
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).
May 02, 2024 12:38 AM
581 Posts
Joined Jul 2019
tengtengvnMay 02, 2024 12:38 AM
581 Posts

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

Quote from bullgates :
Volvo side brand
More like Geely. Volvo filed for divorce.
1
May 02, 2024 12:42 AM
1,109 Posts
Joined Jan 2020
WickedDripMay 02, 2024 12:42 AM
1,109 Posts
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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May 02, 2024 12:43 AM
1,164 Posts
Joined Nov 2009
drkaznMay 02, 2024 12:43 AM
1,164 Posts
Quote from bullgates :
There are some complaints from reviews. Usually related to interior space and placement of certain items (armrest)
So test drive it!!!!!
May 02, 2024 12:44 AM
1,109 Posts
Joined Jan 2020
WickedDripMay 02, 2024 12:44 AM
1,109 Posts
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.
2
May 02, 2024 12:46 AM
1,815 Posts
Joined Dec 2016

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May 02, 2024 12:48 AM
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May 02, 2024 12:51 AM
46 Posts
Joined Dec 2012
SharpxiaMay 02, 2024 12:51 AM
46 Posts
Wonder what if all people stopped buying EV just for one month, and what kind deal we can get for the next month.πŸ˜‚πŸ˜‚πŸ˜‚
12
May 02, 2024 12:51 AM
9,829 Posts
Joined Oct 2006

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May 02, 2024 12:53 AM
564 Posts
Joined Nov 2014
sonicjetMay 02, 2024 12:53 AM
564 Posts
Quote from ejvyas :
Huh? M3 and Polestar are not even in the same category. This deal beats it hands down
What? They are the same size class and the only reason they are not the same price class is because the Tesla got cheaper over time.

I mean, this review directly nails the Model 3 as it's competition: https://www.topgear.com/car-reviews/polestar/2

They are both midsize AWD, 400-450hp sedans. The Polestar 2 is a lift back but that's just points to polestar.
1

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May 02, 2024 12:54 AM
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Joined Apr 2008
slick5150May 02, 2024 12:54 AM
2,226 Posts

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Quote from OceanTwelve :
Polestar is unlikely to survive as a company so good luck owning a car that will likely go bankrupt soon.
Uhhh. No. They're owned by a massively large company, have a new model already out, another one just starting production and another that will be in production next year. They're doing just fine.

Maybe you're thinking of Fisker, who likely is going bankrupt unless someone rescues them very, very soon. Rivian's finances are also shaky but they're selling very well so I'm guessing will be ok too.
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