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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 10:16 PM
1,636 Posts
Joined Nov 2017
revieweronlineMay 02, 2024 10:16 PM
1,636 Posts
Quote from Isiton :
give me a link where I can buy it for $299 - its showing me $427 and even if I want to proceed, its asking me to fill out a longass form.
For me, it just prompted me after I checkmarked to include taxes and fees, the next step was to provide them with my contact info and wait for polestart to contact me... did you get a price right away from the website or did you have to wait for a CALL from Polestar?
May 02, 2024 10:18 PM
113 Posts
Joined Jun 2014
-bruce-May 02, 2024 10:18 PM
113 Posts
Quote from dealsalways :
Given these are getting antiquated on several fronts, I'm only tempted if I can get for a lease , with the Fed credit passthrough.. Should see under $5k or even $4k for 2 years in that case, right?
Yeah but I just don't think those leases exist.
May 02, 2024 10:48 PM
660 Posts
Joined May 2011
mprincebuyerMay 02, 2024 10:48 PM
660 Posts
Quote from irfan71 :
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.
Never leased before...do they check every year, or just after the term? Also is there a buyout option?
May 02, 2024 10:56 PM
660 Posts
Joined May 2011
mprincebuyerMay 02, 2024 10:56 PM
660 Posts
Interesting that there is no locations anywhere near Chicago according to their map which is probably why I don't see to many around. Why don't they distribute these through Volvo dealers?
Original Poster
May 02, 2024 11:02 PM
278 Posts
Joined Mar 2010
p-rav
Original Poster
May 02, 2024 11:02 PM
278 Posts
Quote from mprincebuyer :
Never leased before...do they check every year, or just after the term? Also is there a buyout option?
Always end of the term.

There is a buyout option after the 27 months are done. But given used EV prices these days, it'll most likely be cheaper to buy a used car of the same model year, vs buying out your leased car.
Pro
May 03, 2024 12:01 AM
2,093 Posts
Joined Dec 2005
nohomers1
Pro
May 03, 2024 12:01 AM
2,093 Posts
Quote from OceanTwelve :
don't get your kid an EV. Insurance will be really high to repair these things.
I probably should have noted the third car as an EV for me to drive as I'd give them my Accord with 155k miles on it.

Although my insurer (State Farm) said they can drive any car, they just need one of them marked as the primary on the insurance.
May 03, 2024 12:20 AM
5,128 Posts
Joined Sep 2012
cscamp20May 03, 2024 12:20 AM
5,128 Posts
Quote from bullgates :
Volvo side brand
Polestar is Volvo's performance brand. Their like the AMG to Benz and M to BMW.
1

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May 03, 2024 12:27 AM
5,128 Posts
Joined Sep 2012
cscamp20May 03, 2024 12:27 AM
5,128 Posts
Quote from i_am_mustang_ma :
Just rented one of these and really liked it. Better driving experience than the Tesla model 3s and Ys I've driven, and better than a Kia ev6 and Subaru solterra, though it's a sedan more like the 3.

Not the most competitive lease deal we've seen but for this quality of car it's probably the best.
These are better built than the plasticky Tesla's. Its made by a real car company.
1
May 03, 2024 12:28 AM
572 Posts
Joined Feb 2011
patrickbateman1May 03, 2024 12:28 AM
572 Posts
This Geely looks nice. Where's it built?
1
May 03, 2024 01:08 AM
5,128 Posts
Joined Sep 2012
cscamp20May 03, 2024 01:08 AM
5,128 Posts
Quote from BharatKing :
Geely owns Volvo is not now! It has owned Volvo for over a decade
Whats exactly your point? Volvo are still safe and quality cars.
May 03, 2024 01:15 AM
30 Posts
Joined Jan 2012
jbmeisterMay 03, 2024 01:15 AM
30 Posts
Quote from Silkysmooth :
Before anyone buys an EV (or any car), do yourself a favor and test drive a Tesla with FSD 12.3.x. Absolutely incredible experience and easy to see why most cars in the not so distant future will be autonomous. Unlike Waymo or similar solutions, Tesla FSD is purely vision based and doesn't need ultra expensive hardware or to the millimeter mapping.

I've been following this space for years and always thought Musk was full of @#$^# with his undelivered promises of self driving cars that were about to go mainstream. I'd tried earlier versions of FSD and, while impressive, they gave me no confidence that Tesla FSD would ever be capable of unassisted autonomous driving. Then I tried FSD 12.3.4 and I'm sold - this is the future and the near future at that. Just for this tech, I wouldn't even consider another car.
I agree. The self driving is a game changer. It brought me home tonight and I've been playing with it for a month now. Very cool once you get used to it.

It was a bit nerve racking to start because it was difficult for me to trust it. But after a month, I'm very impressed.
May 03, 2024 01:22 AM
53 Posts
Joined Sep 2018
SanDiegoLeoMay 03, 2024 01:22 AM
53 Posts
27 month lease lease you will pay for a year of registration and only get 3 months. A way for them to get you to pay registration for them.
4
May 03, 2024 01:24 AM
6 Posts
Joined Sep 2006
agampsMay 03, 2024 01:24 AM
6 Posts
Does anyone know what the deal would look like in Indiana with 7% taxes, for 15K miles. Thank you.
May 03, 2024 01:29 AM
6 Posts
Joined Sep 2006
agampsMay 03, 2024 01:29 AM
6 Posts
Quote from agamps :
Does anyone know what the deal would look like in Indiana with 7% taxes, for 15K miles. Thank you.
Configurator on site shows (for 66 MSRP dual motor): $5,822 DAS with $579/mo payment. :-(

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May 03, 2024 01:34 AM
25 Posts
Joined Feb 2019
CMDJMay 03, 2024 01:34 AM
25 Posts
This doesn't qualify for the EV tax credit for those who can apply for it
1

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