Costco also offers members discounts on electric cars and plug-in hybridsthis time it includes 10 all-electric models and two plug-in hybrids from Cadillac, Chevrolet, GMC, Polestar, and Volvo.
Running from Nov. 1, 2024 to Jan. 2, 2025the biggest discount $2,000 discount purchase or lease of a 2025 Polestar 3 electric SUV or a 2024 or 2025 Volvo XC90 plug-in hybrid. Built in the US, the Polestar 3 has just started deliveries, while the XC90 will be getting a major facelift during the 2025 model year.
2024 Volvo C40
A $1,500 rebate is also available on the 2024 or 2025 Volvo XC60 plug-in hybrids, while the all-electric 2024 Volvo XC40 Recharge and C40 Recharge models are eligible for a $1,000 rebate. The two EVs will be renamed, the XC40 Recharge as the EX40 and the C40 Recharge as the EC40.
A $1,000 rebate is also available on select General Motors EVs. The lineup includes the Cadillac Lyriq, Chevy Blazer EV, Chevy Equinox EV, Chevy Silverado EV, GMC Hummer EV Pickup and SUV, and GMC Sierra EV.
2025 Cadillac Lyriq
Costco deals offered on many of the same models earlier this year, and a $2,000 discount on the Polestar 2. It also offered a $1,000 discount on the Blazer EV in December of last year. It's also offered big discounts of up to $3,000 on Audi EVs in the past.
Company now too jumps back to EV charging to support encouraging cars. Costco was one of the first big-box retailers to install Level 2 charging stations in some locations. It did so in the 1990s, but pulled the plug on its original channels in 2011 and 2012. Now it's taking it back, even though a top executive said last year that Costco has no plans to divest its profitable gas stations.