New Polestar financial programs for February have landed and there were a few notable changes. If financing through Polestar Financial, the interest rate went from 4.99% for 60 months and 5.99% for 72 months in January to now 5.99% for 60 months. Things very slightly improved on the leasing side. January money factor was 0.00117 (2.808%) and February is now 0.00114 (2.736%), but they drastically reduced the residual value on the BST to 42% after 39 months (Jan residual was 50%, which was already pretty terrible).
I saw a slight drop in my monthly lease payment, but now have to pay a tiny bit more in drive-offs. Overall, the new lease terms in February are slightly better than January numbers I received by about $1300 over the course of the 39 months. In any case, I have officially decided to lease the BST as opposed to financing a purchase and will be submitting my lease application today. Still crossing my fingers for delivery this weekend. Wrapped BSTs were released on Monday, but the Spaces don't know when the trucking companies will drop them off...they just show up without being announced evidently. Southern California buyers will be the first to receive their wrapped BSTs, as they are being transported from a port in Los Angeles.
