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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
+194 Deal Score
453,079 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)

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
+194
453,079 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 Jan 2017
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> bubble2 3 Posts
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jambhumalamal
05-08-2024 at 05:47 AM.
05-08-2024 at 05:47 AM.
How much is the penalty for breaking the lease?
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Joined Jun 2021
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> bubble2 7 Posts
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Punkipuhks
05-08-2024 at 08:21 AM.
05-08-2024 at 08:21 AM.
Quote from bullgates :
There are some complaints from reviews. Usually related to interior space and placement of certain items (armrest)

I rented a polestar and bolt each for a month. The bolt had a little bit more space but the handling was terrible. I felt like I was driving a Prius.
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Joined Dec 2015
Kills Fish Dead
> bubble2 1,135 Posts
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FishKilla
05-08-2024 at 11:57 AM.
05-08-2024 at 11:57 AM.
Quote from jambhumalamal :
How much is the penalty for breaking the lease?

The difference between what they wholesale it for and what is still owed.

Most leases (except Tesla) have a buyout price. Based on residual value and payments still owed.

When you cancel early they will sell it at auction and you owe the difference between what it sells for and the buyout.

If you have a lot of miles and/or abused the car it will sell for less and you owe more.

You could try selling to a third party if allowed like Carvana and might come closer to buyout or even make money like during crazy Covid pricing.

So there is no standard penalty for "breaking the lease". Too many variables
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Joined Apr 2016
L3: Novice
> bubble2 102 Posts
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CanAmerIndian
05-08-2024 at 05:47 PM.
05-08-2024 at 05:47 PM.
Quote from jambhumalamal :
How much is the penalty for breaking the lease?

You just cover the payoff. You won't have to true up the interest off the money factor.

A lot of folks that don't qualify for the EV rebates lease the car they want with the commercial rebate baked in and they buy it out in a couple months. Just pay the couple payments and the bit of interest.
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Joined Mar 2010
L9: Master
> bubble2 4,506 Posts
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firelikeiya
05-09-2024 at 10:43 PM.
05-09-2024 at 10:43 PM.
Quote from bullgates :
Volvo side brand
Geely side brand...


"Polestar, an all-electric premium car brand established in Sweden, was previously part of Volvo Cars before being spun out into an independent entity. Polestar was initially 50.5% owned by Geely Holding and 49.5% by Volvo Cars.[

In February 2024, Volvo Cars transferred 62.7% of its stake of Polestar and it is currently 72% owned by Geely Holding and 18% by Volvo Cars."

75% of Volvo is owned by Geely so its basically just a Chinese EV.
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Joined Feb 2008
L7: Teacher
> bubble2 2,533 Posts
587 Reputation
Jacads
05-09-2024 at 11:41 PM.
05-09-2024 at 11:41 PM.
Quote from piercebouge :
24 months, I had a tough time getting the Kona because I like the style and the performance of polestar 2 more. But Hyundai makes a solid EV and they make good use of the space inside the car, which was one thing I didn't like about polestar 2. I got 15k miles per year on the Kona, the polestar was 10k miles per year.

Pretty sad people thumbs down a response haha, some people just thumbs down everything.
I looked at the Konas but I didn't see any have AWD. Is that correct? they are all FWD?
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Joined Mar 2011
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> bubble2 284 Posts
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piercebouge
05-10-2024 at 12:28 AM.
05-10-2024 at 12:28 AM.
Quote from Jacads :
I looked at the Konas but I didn't see any have AWD. Is that correct? they are all FWD?
Ya they are all FWD, so that also could be a huge factor for some people. They have less than half the hp too, 201 vs 421 hp
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Last edited by piercebouge May 10, 2024 at 12:30 AM.

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Joined Nov 2018
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> bubble2 948 Posts
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Clk1986
05-10-2024 at 01:19 AM.
05-10-2024 at 01:19 AM.
Quote from Punkipuhks :
I rented a polestar and bolt each for a month. The bolt had a little bit more space but the handling was terrible. I felt like I was driving a Prius.
New set of wheels and tires makes a big difference. Some minor suspension upgrade and you got yourself an EV autocross monster.
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Joined Feb 2008
L7: Teacher
> bubble2 2,533 Posts
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Jacads
05-10-2024 at 08:27 AM.
05-10-2024 at 08:27 AM.
Quote from piercebouge :
Ya they are all FWD, so that also could be a huge factor for some people. They have less than half the hp too, 201 vs 421 hp

I see the Ioniq 5 has AWD may look at those. I have a test drive tomorrow with my daughter fur the polestar
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Joined Jun 2019
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> bubble2 1 Posts
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kylek5
05-10-2024 at 09:03 AM.
05-10-2024 at 09:03 AM.
Went to the dealership to inquire. Deal is accurate
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Joined Mar 2019
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> bubble2 109 Posts
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Latency65
05-10-2024 at 02:10 PM.
05-10-2024 at 02:10 PM.
Quote from kylek5 :
Went to the dealership to inquire. Deal is accurate

Location? City/state
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Joined Mar 2011
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> bubble2 284 Posts
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piercebouge
05-10-2024 at 03:30 PM.
05-10-2024 at 03:30 PM.
Quote from Jacads :
I see the Ioniq 5 has AWD may look at those. I have a test drive tomorrow with my daughter fur the polestar
Ya the dealerships near me weren't doing a deal on the ioniq 5 because it was the wrong model that is advertised. They wanted $277 a month and $3500 due at signing for the ioniq 5 lease. My only options were the kona electric for about half the price of the ioniq 5 or wait 3 months until the next ioniq 6 comes in if they're running a deal on it still
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Last edited by piercebouge May 10, 2024 at 03:35 PM.
Joined Aug 2007
L5: Journeyman
> bubble2 930 Posts
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NewYorkDeals
05-10-2024 at 05:11 PM.
05-10-2024 at 05:11 PM.
Has anyone completed the deal? Does the down and monthly payment advertised include the acquisition fee? That alone is close to another $1k to factor in
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Joined May 2009
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> bubble2 963 Posts
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hajalie24
05-10-2024 at 07:12 PM.
05-10-2024 at 07:12 PM.
Quote from NewYorkDeals :
Has anyone completed the deal? Does the down and monthly payment advertised include the acquisition fee? That alone is close to another $1k to factor in

Theres a ton of fees when i called. It ends up being 3500k down for me
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Joined May 2009
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> bubble2 333 Posts
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fiedel
05-10-2024 at 07:21 PM.
05-10-2024 at 07:21 PM.
Quote from NewYorkDeals :
Has anyone completed the deal? Does the down and monthly payment advertised include the acquisition fee? That alone is close to another $1k to factor in
No. The dealer sent me a quote on a Long Range Dual Motor + Pilot + Plus (MSRP $60,150), which turned out to be $2,480.22 Down and $616.63/mon.
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