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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
+191 Deal Score
442,485 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)
Good Deal?

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.
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Created 05-01-2024 at 03:32 PM by p-rav
in Autos
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Deal
Score
+191
442,485 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 Mar 2010
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> bubble2 271 Posts
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p-rav
05-12-2024 at 10:39 PM.
05-12-2024 at 10:39 PM.
Quote from fbueller :
2300 all inclusive drive off (also includes first payment), $345 a month x 26 months for the blue exterior (the only upgrade) dual motor, taxes and fee included. SoCal.
Ah that's nice. I'd move to 0 down even if your monthly goes up a little. I hear that if your car gets into an accident you basically just lose the entire down payment, so it's better to put 0 down.
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fbueller
05-12-2024 at 10:50 PM.
05-12-2024 at 10:50 PM.
Quote from p-rav :
Ah that's nice. I'd move to 0 down even if your monthly goes up a little. I hear that if your car gets into an accident you basically just lose the entire down payment, so it's better to put 0 down.
For us the 2k came right off the down payment. Interesting about the down payment, do you have a reference for that? We're picking up tomorrow and can still play with the slider. Plus 5+ % in a CD during the lease time too helps.
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> bubble2 2,871 Posts
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EdEd1190
05-13-2024 at 09:14 AM.
05-13-2024 at 09:14 AM.
Quote from NetVijay :
Is it OK to use the supplied charger to connect to the dryer outlet for a 240v fast charging? As long as I use the correct converter that fits?
As long as you plug it in and never unplug it. But if you are going to be going back and forth, and plugging in the EV, then plugging in the dryer, you will melt the receptacle. Because the contacts in a residential receptacle that hold the pins of the plug will get loose and start creating resistance (and overheating) and potentially arcing that will melt the receptacle. Also, on cheap residential dryer receptables the contacts only go about halfway the width of the pin, they don't even run the full width of the pin. The receptacle for the dryer is meant to plug in a dryer, then never unplug it for 10 years until you replace the dryer.

If you are going to be unplugging/plugging/unplugging/plugging daily alternating between EV and dryer, then you should upgrade the residential receptacle to an industrial receptacle that is made to have things continually plugged and unplugged.
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Last edited by EdEd1190 May 13, 2024 at 09:17 AM.
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> bubble2 889 Posts
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Unhooked
05-13-2024 at 09:25 AM.
05-13-2024 at 09:25 AM.
Quote from hajalie24 :
yeah I'm sick of the BS honestly. Just trying to get info on a car results in dealers hounding me. To be fair, the polestar one has left me alone the most.
Yeah tbh, after dealing with direct to consumer type model where everyone pays the same price, I would be hard pressed to go back to a tradtional dealer.
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p-rav
05-13-2024 at 09:30 AM.
05-13-2024 at 09:30 AM.
Quote from fbueller :
For us the 2k came right off the down payment. Interesting about the down payment, do you have a reference for that? We're picking up tomorrow and can still play with the slider. Plus 5+ % in a CD during the lease time too helps.
https://www.edmunds.com/car-leasi...lease.html

It doesn't say you will definitely not get the money back, but says:
> There is no guarantee you will get your down payment back
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loopydeals
05-13-2024 at 10:32 AM.
05-13-2024 at 10:32 AM.
Quote :
Chinese car imports to the US are already subject to an additional 25 percent import tariff on top of the 2.5 percent tariff that applies to any car imported to the US. And Chinese brands have yet to enter the US market. If enacted this week, the new 102.5 percent tariffs would apply to Polestar and Lotus, both of which currently build their US-market EVs in China. - https://arstechnica.com/cars/2024...this-week/
The MSRP for this vehicle is inflated with the 25% + 2.5% import tariff due to it being made in China. This could increase to 102.5% later this week. Polestar will need to get their South Carolina factory up and running soon if they want to stay in business here.
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EdEd1190
05-13-2024 at 01:03 PM.
05-13-2024 at 01:03 PM.
Quote from loopydeals :
The MSRP for this vehicle is inflated with the 25% + 2.5% import tariff due to it being made in China. This could increase to 102.5% later this week. Polestar will need to get their South Carolina factory up and running soon if they want to stay in business here.
Yes, but Polestar isn't going to make cheap Chinese EV's like the Polestar 2 here.

They are going to make the Polestar 3, which is going to be more of a luxury flagship vehicle like the Volvo EC90 that's going to be like $80,000+.

History has shown, that cheap cars aren't profitable in the U.S., when most Americans want big, luxurious, SUV tanks. Yes, some of use want smaller economical cars, but they just aren't profitable. So not sure if Polestar or any Chinese company is going to make cheap (sub-$20,000) cars here.
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Last edited by EdEd1190 May 13, 2024 at 01:39 PM.

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Joined Feb 2012
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tosaynet
05-13-2024 at 01:13 PM.
05-13-2024 at 01:13 PM.
Quote from EdEd1190 :
make cheap Chinese EV.
Not to argue, Chinese do make cheap EVs, but after seeing some of the youtube videos they don't feel cheap at all (I mean the interior, not sure about mechanical stuff)

https://www.youtube.com/watch?v=D...nnel=EricG
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EdEd1190
05-13-2024 at 01:28 PM.
05-13-2024 at 01:28 PM.
Quote from tosaynet :
Not to argue, Chinese do make cheap EVs, but after seeing some of the youtube videos they don't feel cheap at all (I mean the interior, not sure about mechanical stuff)

https://www.youtube.com/watch?v=D...nnel=EricG
When I say cheap EV, I don't mean cheap quality, I mean cheap price tag.

Exactly my point is the L9 in the video in your link. That EV is about $60,000 US Dollars, directly converted from Chinese Yuan sales price sold in China to USD.

Making that in the US (or even making it in China that meets all the US safety standards and importing it), you can bump that up to at least $70,000+.

So that is not a cheap Chinese EV. That is an expensive luxury EV.

When I say cheap Chinese EV, I'm talking about EVs in the $20,000 range (like they have in China). I think that we will never see those in the U.S. Because they won't be able to produce and sell those here and make a profit on them.
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Last edited by EdEd1190 May 13, 2024 at 01:43 PM.
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Jacads
05-13-2024 at 01:28 PM.
05-13-2024 at 01:28 PM.
Dealer told us the car comes with 4 years of Wi-Fi. Has anyone been able to confirm this? I can't find anything on the web site
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hajalie24
05-13-2024 at 01:30 PM.
05-13-2024 at 01:30 PM.
Quote from p-rav :
Polestar follows the same model of sales as Tesla (as far as I'm aware). Have not had the sales people hound me (have gotten a few emails, but that's it). I don't think they sold my phone or email to other dealerships because otherwise I should have seen a spike in spam emails/calls after I registered interest in the Polestar.

Got mine today in SoCal. Pretty smooth process. Still required to go in and sign papers but nothing like the last time we had to buy a car.
How much did your insurance change?
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EdEd1190
05-13-2024 at 01:53 PM.
05-13-2024 at 01:53 PM.
Quote from Jacads :
Dealer told us the car comes with 4 years of Wi-Fi. Has anyone been able to confirm this? I can't find anything on the web site
Ask if the Dealer will put it in writing on the itemization of purchase in the purchase agreement, which is a contract between you and the dealer that finalizes the terms of your car purchase. Or somewhere in writing that shows the various options/upgrade/accessories.

At least that way if the Dealer put it in writing that they are contractually obligated to provide you with 4 years Wi-Fi, and they don't. Then they are in breach of contract, and you would have some negotiating power with that piece of paper.
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Jacads
05-13-2024 at 01:57 PM.
05-13-2024 at 01:57 PM.
Quote from EdEd1190 :
Ask if the Dealer will put it in writing on the itemization of purchase in the purchase agreement, which is a contract between you and the dealer that finalizes the terms of your car purchase. Or somewhere in writing that shows the various options/upgrade/accessories.

At least that way if the Dealer put it in writing that they are contractually obligated to provide you with 4 years Wi-Fi, and they don't. Then they are in breach of contract, and you would have some negotiating power with that piece of paper.

I looked on the website and I was able to see three years of connectivity included. Took a picture but can't seem to be able to post it on here
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Last edited by Jacads May 13, 2024 at 02:00 PM.
Joined Mar 2010
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p-rav
05-13-2024 at 02:17 PM.
05-13-2024 at 02:17 PM.
Quote from Jacads :
Dealer told us the car comes with 4 years of Wi-Fi. Has anyone been able to confirm this? I can't find anything on the web site
The original plan was to start charging after 3 years, but Polestar hasn't been able to put together a system to charge users a monthly fee (is my understanding from reading various forums).

Data will be definitely free/included through the 27 month lease period.
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Joined Mar 2010
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p-rav
05-13-2024 at 02:18 PM.
05-13-2024 at 02:18 PM.
Quote from hajalie24 :
How much did your insurance change?
Will go up by about $550 for 6 months.
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