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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 03:12 AM
330 Posts
Joined Dec 2006
jrtaitMay 02, 2024 03:12 AM
330 Posts
Quote from OceanTwelve :
Polestar is unlikely to survive as a company so good luck owning a car that will likely go bankrupt soon.
I would say leasing a car isn't much of a risk in that case.
May 02, 2024 03:15 AM
3,337 Posts
Joined Jun 2004
strange_kiddoMay 02, 2024 03:15 AM
3,337 Posts
Quote from bonuscow :
Tesla has way better build quality than this trash.
Uh what? Polestar is spun off of Volvo. Electric drivetrain wise Tesla may be ahead but these cars have much better build quality than Tesla. You can knock the tech but you can't knock the quality of materials or build quality.
3
May 02, 2024 03:16 AM
457 Posts
Joined Sep 2008
iamacanad1anMay 02, 2024 03:16 AM
457 Posts
Quote from ejvyas :
It's cheaper than this deal. Search SD
I'm not seeing any threads for the i5, but would love to get one. Any chance you could link to it? Thanks!
May 02, 2024 03:19 AM
199 Posts
Joined Aug 2008
oonchieMay 02, 2024 03:19 AM
199 Posts
Quote from bullgates :
Volvo side brand
Giely motors sub-brand
1
Original Poster
May 02, 2024 03:22 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:22 AM
278 Posts
Quote from cantstoplooking :
Ohhhhhh, that's why it looks like a Volvo.
This was originally supposed to be the Volvo Concept 40.2, before they split the Polestar division into a separate company and this became the Polestar 2
May 02, 2024 03:24 AM
2,424 Posts
Joined Jul 2006
abstraxionMay 02, 2024 03:24 AM
2,424 Posts
Quote from the_redwood :
And the Polestar is a million times better looking (subjective of course).

You also don't have to deal with all the comments about Elon.
Imagine caring what anyone says about who owns your car company. I literally DGAF that, what, he doesn't support transing kids?
Last edited by abstraxion May 1, 2024 at 09:26 PM.
1
6
May 02, 2024 03:24 AM
2,424 Posts
Joined Jul 2006
abstraxionMay 02, 2024 03:24 AM
2,424 Posts

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

Quote from kipper99 :
Tesla has quality? This is a joke I assume?
Yeah. I own a 2023 Model 3 RWD, got it for $29k after tax rebate. It's built as well as my Prius, which is a great car too.
1

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Original Poster
May 02, 2024 03:26 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:26 AM
278 Posts
Quote from LivelyManatee460 :
My one gripe w/ this deal is that a few of their platforms aren't built off dedicated EV platforms. Polestar 2 for instance is designed off an ICE platform, not necessarily a bad thing but you do end up w/ the hump in the center of the car
Yeah that's one thing that I didn't like about the car when I test drove it a few months back. Loved the way it drives though.
Original Poster
May 02, 2024 03:26 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:26 AM
278 Posts
Quote from ThePublisher :
The yellow seatbelt sold me.
lol you gotta pay quite a bit extra for that
Original Poster
May 02, 2024 03:27 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:27 AM
278 Posts
Quote from alireza24 :
I did everything the OP said and got a $843 a month payment with $2632 down... Where is OP getting these numbers from?
Their online configurator is NOT updated yet. Call the local space and talk to someone. From what I was told, online prices should be updated by tomorrow.
Original Poster
May 02, 2024 03:29 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:29 AM
278 Posts
Quote from fiedel :
Do they take trade-ins?
My local space is owned by a larger dealership network and so they definitely was interested in my existing car.
Original Poster
May 02, 2024 03:30 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:30 AM
278 Posts
Quote from Zwali :
What locations are people seeing a monthly leases of $299? I understand the Costco certificate reduces the down payment by $2000, but all the leases I see are for around $600 a month. I've tried a number of locations.
Did you try calling the local showroom? The configurator isn't updated with the latest pricing yet.
May 02, 2024 03:33 AM
185 Posts
Joined Aug 2011

This comment has been rated as unhelpful by Slickdeals users.

May 02, 2024 03:34 AM
530 Posts
Joined Mar 2007
kipper99May 02, 2024 03:34 AM
530 Posts
[QUOTE=abstraxion;170643429]Yeah. I own a 2023 Model 3 RWD, got it for $29k after tax rebate. It's built as well as my Prius, which is a great car too.[/QUOT


And how your 2 cars connected to Polestar in this thread?
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Original Poster
May 02, 2024 03:38 AM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 03:38 AM
278 Posts
Quote from bizreporter :
This is a lukewarm deal because you still have to pay inception fees (tax, title, registration, etc.) on top of the $1000/$3000 down payment. So if you don't have a Costco membership, your effective payment is really $410 plus inception fees.

Polestars are typically sold differently than sister brand Volvo. Although my local Volvo dealer services them and resells used models, Polestars are sold at a mall storefront. Does anyone know what the Polestar sales model is? Can you negotiate price?
As far as I'm aware, there is no negotiation to the terms. But if you have a trade in, I'm sure you can negotiate on the price they will pay.

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