Polestar has introduced updated leasing and financing options for its Polestar 3 electric SUV lineup, coinciding with the start of production for the single-motor Polestar 3 at its Charleston, South Carolina facility. These changes aim to provide more flexibility for customers and increase the appeal of the company’s high-end electric vehicles in the U.S. market.
The 2025 Polestar 3 Long Range Dual Motor with the Pilot Standard Pack is now available for lease at $599 per month over 36 months, with a $5,599 down payment. This brings the effective monthly payment to $755, with a mileage limit of 10,000 miles per year. Over the lease term, the total cost is $27,163, a reduction from the previous monthly lease rate of $699.
In addition, Polestar has introduced a 0% financing option for 60 months on all Polestar 3 models, excluding the newly launched single-motor version. This replaces the earlier 6.99% rate, potentially saving buyers up to $15,000. Both leasing and financing deals are available through January 2, 2025.
The dual-motor Polestar 3 starts at $73,400 (excluding destination) and is equipped with a 111 kWh battery pack that provides an EPA-estimated range of 315 miles. The powertrain delivers 489 horsepower and 620 lb-ft of torque.
For buyers seeking additional features, the $78,900 Long Range Dual Motor model with the Plus Pack includes upgrades such as a Bowers & Wilkins audio system, heated rear seats, and 21-inch wheels. Other premium configurations, such as the Long Range Dual Motor with Pilot and Performance Pack and the Long Range Dual Motor with Pilot, Plus Pack, and Performance Pack, are priced at $79,400 and $84,900, respectively.
A notable incentive is the $7,500 lease cash available for the Polestar 3, which offsets its ineligibility for the federal EV tax credit when purchased outright. “The $7,500 lease cash makes leasing a particularly appealing option compared to buying outright,” noted Cars Direct.
With these new offers, Polestar aims to strengthen its position in the electric SUV market, providing customers with flexible options and competitive pricing in a growing segment. The company continues to expand its lineup and production capacity to meet demand in the luxury EV market.
Source: Carsdirect