Polestar, which used to be a Volvo company, has one of the best deals on leasing a sleek new EV right now. The Polestar 2 costs just $299 a month. At the moment, Polestar is giving customers a $10,000 bonus, which can be used with a deal from Costco that lowers the price paid at signing to about $1,000. This makes it easier for excited testers to get their hands on new electric cars (EVs), but more is needed to completely solve the price problem since most people are still too afraid to take the risk. After changing the terms, Polestar is now giving clients a $10,000 bonus instead of $7,500. If you were asking, the Polestar 2 isn’t eligible for an extra $7,500 in federal tax credits under the terms of the Inflation Drop Act. This would have caused the price to drop by a lot. But because the EV doesn’t qualify for those tax breaks, this bold lease deal makes sense. The Polestar 2 starts at $51,300, which includes the cost of getting there and other fees. The purchase fee from Polestar is $995, plus an extra $3,000 in “capitalized cost reduction” and a $10,000 incentive. This adds up to $39,295 over the 27-month lease term of $299 per month. This means that people would pay more than $11,000 throughout their lease. Buyers must put down a $3,000 deposit, which brings the total amount due at the time of signing to 3,299 dollars. Also, clients are limited to 10,000 miles per year unless they choose to pay $0.25 per mile over the maximum set by Polestar for excessive wear and tear. Both the Polestar 2 Long Range Single Motor and the Long Range Dual Motor types are covered by the lease. The second one can go up to 276 miles between charges, while the first one can go up to 320 miles. Both of them can be charged from 10% to 80% in as little as 28 minutes, thanks to DC fast charging. They make between 295 and 421 hp and 361 to 546 lb-ft of torque, depending on which one you pick. At $299 a month, it’s pretty decent. The Polestar 2 deal will only last in May, so you will only be able to get it for a while. Even though the window is only open for a short time, people who qualify can save a lot of money. If the price cut Polestar is offering isn’t enough to get you interested, the deal at Costco may be good. At the moment, warehouse club members can save an extra $2,000 when they buy a Polestar 2. The automaker’s deal ends on July 31, but the deal with Costco will still be in effect until then. When Costco members join the incentives from both sources, the total incentives go up to $12,000, and the down payment goes down from $3,000 to $1,000. The Hyundai Ioniq 6 can now be leased for as little as $239 a month, which is about the same as the Polestar 2. The Polestar, on the other hand, still costs less than $300 a month. That’s a low price for a future machine designed in Sweden that has pretty standard specs. Overall, the Ioniq 6 deal was a better (or cheaper) option because Polestar requires a bigger down payment plus a bonus of $2,760, while Hyundai only needs $239 when you sign. People used to use Craigslist or Facebook Marketplace shitbox money as a down payment, but those days are quickly coming to an end. For car fans, this is just life. Still, this is one of the best lease deals for a brand-new electric vehicle (EV). It also looks great and is based on Volvo cars.
