If you want to try an EV out before getting locked into a long-term contract, there’s an option for you. EV micro leases are taking off, giving shoppers added flexibility with new models launching in 2024.
Polestar is making it easier than ever for you to try out an EV before committing to a long-term contract. The Flexible Lease program allows you to end the lease after five months (and five payments) with no early termination penalty (there is a $450 disposition fee).
Polestar isn’t alone, either. AutoNation, which runs around 250 US dealerships, also recently began offering micro leases in 6- or 12-month options. Ivan Mihov, vice president of mobility, said, “The three-year lease doesn’t work for everybody.”
