Costco Offers Limited-Time Discounts on Polestar and Chevy EV Models

In a push to electrify the roads, Costco is once again rolling out a noteworthy offer for those looking to switch to electric vehicles. This time, the focus is on select models from Polestar and Chevrolet, providing a unique opportunity for Costco members to benefit from substantial savings.

The Costco Auto Program is running an early-spring promotion valid through April 30, 2026, featuring exclusive deals on specific electric vehicles:

Chevrolet Silverado EV

Costco members interested in the 2026 Chevrolet Silverado EV can access:

– $1,250 for Executive Members
– $1,000 for Non-Executive Members
– Additional manufacturer incentives

Chevrolet’s all-electric Silverado EV, with an impressive GM-estimated range of 478 miles, is part of this offer. Currently, Chevrolet is providing $4,000 in customer cash, 0% APR for 60 months, and a $250 purchase allowance for eligible non-GM owners and lessees until March 31.

Polestar 4 and Polestar 3

Costco’s deal extends to the following Polestar models:

– The 2026 Polestar 4 electric SUV coupe
– The 2025 Polestar 3 midsize luxury electric SUV

Eligible members can receive:

– $1,250 for Executive Members
– $1,000 for Non-Executive Members
– Additional manufacturer incentives

The Polestar 4 represents the newest in electric SUV coupes, while the Polestar 3 offers a midsize luxury SUV option. Polestar provides a $3,000 Loyalty Bonus for leasing or purchasing a new Polestar for current and previous owners, a $10,000 Clean Vehicle Incentive for cash or standard financing purchases of the 2026 Polestar 4, and a $7,500 incentive for financing through Polestar Financial Services.

For those eyeing the Polestar 3, an $18,000 Clean Vehicle Incentive is available for cash purchases or through 3.99% promotional financing. Additionally, owners of BMW, Audi, Mercedes-Benz, Porsche, or Cadillac vehicles can apply a $1,000 Conquest Bonus toward leasing or purchasing a new 2025 Polestar 3.

How to Claim the Costco Discount

To utilize this offer, Costco members must register at CostcoAuto.com/SAVE for a promotion certificate, which needs to be presented at participating dealerships. Vehicle delivery should occur by April 30, 2026.

For those already considering an electric vehicle, this combination of Costco membership perks and manufacturer incentives could make the transition even more appealing.

*The hotlinks direct you to CarsDirect, where you can locate local dealers with available models and find the best deals. CarsDirect is a trusted affiliate partner of Electrek.

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