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Costco knocks up to $2k off select Volvo, Chevy, GMC EVs, more

This holiday season, Costco members can snag special deals on EVs from Volvo, Chevy, GMC, Cadillac, and Polestar, now through January 2, 2026 – here’s what’s on offer.

What makes this deal even more attractive is that the Costco discount stacks with any other manufacturer incentives you may qualify for.

Jay Maxwell, Costco Auto Program general manager, said, “The incentives available during Holiday Limited-Time Specials offer exceptional value – especially when combined with year-end incentives from manufacturers and dealers. It’s one more way we help members make confident buying decisions during one of the busiest times of the year.”

To take advantage of the Holiday Limited-Time Specials, eligible Costco Gold Star, Business, or Executive level members register online at CostcoAuto.com/SAVE for a promotion certificate with a unique promotion code. Members then take the certificate to any participating dealer for the EV they have chosen and must take delivery of an eligible vehicle by January 2, 2026. Here are the makes and models that qualify for the discount:

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Cadillac

  • $1,000 off for Gold Star and Business members, $1,250 off for Executive members, plus manufacturer incentives for which the member qualifies on the following model:

Chevrolet

Polestar

  • $1,000 off for Gold Star and Business members, $1,250 off for Executive members, plus manufacturer incentives for which the member qualifies on the following model:

Volvo

  • $1,000 off for Gold Star and Business members, $1,250 off for Executive members, plus manufacturer incentives for which the member qualifies on the following models:

GMC

*The hotlinks take you to CarsDirect, where you can find a local dealer that may have the model in stock. CarsDirect is a trusted affiliate partner of Electrek.*


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Avatar for Michelle Lewis Michelle Lewis

Michelle Lewis is a writer and editor on Electrek and an editor on DroneDJ, 9to5Mac, and 9to5Google. She lives in White River Junction, Vermont. She has previously worked for Fast Company, the Guardian, News Deeply, Time, and others. Message Michelle on Twitter or at michelle@9to5mac.com. Check out her personal blog.