Lease 2025 Polestar 3 for Same Price as Polestar 2 Despite $8,600 Price Gap

Wednesday, Mar 5, 2025 2:04 pm ET1min read

Polestar is offering a lease deal for the 2025 Polestar 3 at the same price as the Polestar 2, despite an $8,600 price gap. The 3 starts at $74,800, while the Polestar 2 starts at $66,200. The deal applies to the LR Single Motor Plus trim and the LR Dual Motor Performance trim of the Polestar 2. The main reason for the shared lease deal is due to incentives, with the Polestar 3 qualifying for a $15,000 Clean Vehicle Incentive.

Polestar, the Swedish electric vehicle (EV) manufacturer, is making waves in the EV market with its unique lease deal for the 2025 Polestar 3. Despite a significant $8,600 price difference between the two models, the Polestar 3 and Polestar 2, both vehicles will be available for lease at the same price [1]. This pricing strategy is an intriguing attempt by Polestar to attract customers away from market leader Tesla.

The lease deal applies to the LR Single Motor Plus and LR Dual Motor Performance trims of the Polestar 2, with prices starting at $66,200 and $74,800, respectively [1]. In contrast, the 2025 Polestar 3 starts at $74,800 for the Long Range Single Motor model, offering 350 miles of range and 299 hp [1]. The main reason behind this shared lease deal is the incentives offered. The Polestar 3 qualifies for a $15,000 Clean Vehicle Incentive [1], which is a significant factor in Polestar's pricing strategy.

Polestar's incentive-driven lease deal is not a new concept. The company has been offering incentives to attract customers, especially those who currently own or lease Tesla vehicles. Polestar is offering a $5,000 Polestar Conquest Bonus for Tesla owners who provide their registration or insurance documents [1]. Additionally, the company continues to offer its $15,000 Polestar Clean Vehicle Noncash Incentive, bringing the total savings to $20,000 [1].

While the lease prices vary depending on the model and incentives, the deals appear to be offered for the entire range of the Polestar 3. However, it is crucial to note that vehicles must be delivered by the end of February 28 to be eligible for the two discounts [1].

Polestar's pricing strategy is a calculated move to compete with Tesla, the market leader in the EV space. By offering incentives and competitive lease deals, Polestar aims to lure customers away from Tesla and establish itself as a viable alternative in the EV market.

References:
[1] Carscoops. (2025, February 21). Polestar wants to win over Tesla owners with $20,000 discount. https://www.carscoops.com/2025/02/polestar-wants-to-win-over-tesla-owners-with-20000-discount/

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