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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 05:02 AM
229 Posts
Joined Jun 2008
usbfanMay 02, 2024 05:02 AM
229 Posts

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

If you live in CA, 27 months is a terrible lease deal for any car, because you will need to pay three years of registration fee in full. FYI
2
May 02, 2024 05:10 AM
26 Posts
Joined Oct 2018
ldspMay 02, 2024 05:10 AM
26 Posts
First time doing the lease, some questions.
1. Should title, registration fees be included in the down payment, or are they something additional?
2. I see $450 disposition fee in my dealer quote. Is it negotiable?
3. someone mentioned $299 + tax monthly. Does the tax apply to everyone or just some states?

Thanks!
May 02, 2024 05:15 AM
10 Posts
Joined Jul 2007
irfan71May 02, 2024 05:15 AM
10 Posts
Quote from drkazn :
d'oh the ioniq was 12k/yr
damn 10k is not that much for a workhorse car
to those who spoke to an actual dealership is there a lease-buy option?
You can select 12,000 mile option. It costs an extra $19/month I believe. You can edit the payment options and change 10K miles to 12K miles.
May 02, 2024 05:36 AM
2,572 Posts
Joined Dec 2007
reicadenMay 02, 2024 05:36 AM
2,572 Posts
Quote from WickedDrip :
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.
Ex30 is sooo small, back seat is non existent
1
May 02, 2024 05:37 AM
240 Posts
Joined Oct 2014
LargoteMay 02, 2024 05:37 AM
240 Posts
Quote from sd_junky :
Styling of this so called SUV reminds me of the Honda Accord crossover. That Honda was an acquired taste in styling.
I've never heard anyone refer to the Polestar 2 as an "SUV".
1
May 02, 2024 05:39 AM
240 Posts
Joined Oct 2014
LargoteMay 02, 2024 05:39 AM
240 Posts
Quote from OceanTwelve :
Polestar is unlikely to survive as a company so good luck owning a car that will likely go bankrupt soon.
First of all, this is for a 27 month lease. Second, Polestar will likely be fine.
May 02, 2024 05:41 AM
2,572 Posts
Joined Dec 2007
reicadenMay 02, 2024 05:41 AM
2,572 Posts
Quote from goten11756 :
Maybe I should've added a /s to be more clear? The M3 nomenclature refers to the BMW M3 in the automotive community, not a Tesla Model 3. They are two completely different class of vehicles
M3 is also used to designated the model3 from tesla through abbreviation on tesla forums. Gets used all the time as such on every thread on here. I don't think the "automotive community" has an over encompassing regulation on vehicle nomenclature. What people call it online is what it is.
4

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May 02, 2024 05:47 AM
751 Posts
Joined Aug 2006
elfnumber1May 02, 2024 05:47 AM
751 Posts
i added the plus feature (better sound system for $2k more)

someone check my math below.

if you did $0 down (you get a $2k credit, not sure they'd give that to you), you pay $499/month for 27 months. this equals $11,473 (or $425/month)

if you did $2k down, you pay $424/month for 27 months. this equals $11,448 (or $424/month)

if you paid $10k down, you pay $123/month for 27 months. this equals $11,321 (or $419/month)

depending on state, the only downside of paying more upfront is tax and opportunity cost of upfront pmt?
May 02, 2024 05:48 AM
2,519 Posts
Joined Jul 2008
kevinhMay 02, 2024 05:48 AM
2,519 Posts
Are there any options for longer leases?
May 02, 2024 05:48 AM
58 Posts
Joined Oct 2018
JBallerCSUMay 02, 2024 05:48 AM
58 Posts
Anyone know how state rebates work with this? Colorado has a $5,000 rebate if you lease an EV for more than 2 years. At $300 a month for 27 months, plus the initial $1,000 down; does that make this $9,100 - $5,000 rebate to be $4,100?? That sounds too good to be true. What am I missing here?
1
May 02, 2024 05:49 AM
751 Posts
Joined Aug 2006
elfnumber1May 02, 2024 05:49 AM
751 Posts
also, i played with the 24 and 36 month leases.

the 24 month leases don't have a special, the $/month is around $614.

the 36 month leases are a bit better, but still not as good as the 27 month ones, they were around $443/month.
May 02, 2024 05:51 AM
240 Posts
Joined Dec 2007
andresaurMay 02, 2024 05:51 AM
240 Posts
The new TM3 is also $299 but DP is $3K. TM3 has rear screen, much more quiet and comfortable than previous model. You would hate charging this Polestar for road trips because Electrify America is so unreliable.
1
3
May 02, 2024 06:25 AM
410 Posts
Joined Jun 2021
RobberyMay 02, 2024 06:25 AM
410 Posts
Stripper's Utility Vehicle - For the Pole Star in you.
1
7
May 02, 2024 06:27 AM
410 Posts
Joined Jun 2021

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May 02, 2024 06:39 AM
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Joined Mar 2012

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