The fine print:
1 Monthly lease payment of $599 per month for 36 months is based on an adjusted capitalized cost of $59,835 (MSRP of $74,800 including destination and delivery fee of $1,400, plus acquisition fee of $995, less $5,460 capitalized cost reduction, less $3,000 Loyalty Offer or $3,000 Conquest, and additional $7,500 Polestar Clean Vehicle Noncash Incentive). Actual MSRP may vary and could affect your monthly lease payment. Cash due at signing includes $5,460 down payment, $599 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 November 15, 2024 until December 2, 2024. Must take delivery by January 2, 2024. See your participating Polestar Space for details. Polestar reserves the right to make changes to any information and elements at any time, e.g. to final prices, taxes, fees, etc. Automobile financing and account servicing provided by Volvo Car Financial Services U.S., LLC, d/b/a Polestar Financial Services. Polestar Financial Services is a registered trademark of Polestar Holding AB.
https://www.polestar.com/us/preco...olestar-3/
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Our community has rated this post as helpful. If you agree, why not thank FairSofa5430
Our community has rated this post as helpful. If you agree, why not thank im14abeer
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As for the Polestar deal, for tad more you can Lease a Rivian truck with less range, and for a lot less you can lease a Model Y with equal range. I would chose both of those over this personally (Rivian over Model Y because of Darth Elon).
Or even more savvy knowing EV technology is evolving and does not wish to lock down with one technology.
2024 IONIQ 5 Limited RWD= $8300 One Pay 12k/2yr Free charging for 2 years
It's cheaper than paying for all the depreciation you pay while buying these cars new or even used in most cases.
Leasing is criminally misunderstood especially by the older generation.
Get the lease only discounts, and then can buy it out for cheaper if you just bought them outright.
But in my opinion, EVs should never be bought. Only leased.
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