Deal Check - 2023 Polestar 2

Polestar is no-haggle, but wanted to make sure I wasn’t missing something. I saw a 2023 PS2 dual-motor (performance, plus package) with an MSRP of ~$65k (one of the last few 2023 models available). It seems they have brought the MF to near 0% effective interest rate, resulting in a deal which looks like:

  • MSRP: $65k
  • Incentive: $7.5k
  • $0 down, $760 DAS (incl. first month), everything else rolled, no trade-in
  • Monthly: $650 (before taxes)

This seems like an absolute screamer of a deal and they are clearly trying to move them. I’ve reserved it and going to pick up unless someone talks me out of it… thoughts?

I like that there’s not a lot of them on the road, but the reviews aren’t very good on them. For that monthly or less, there are so many options - C40, XC40, i4, Q4, EQS. But definitely the best I’ve seen. I love the simple style of the PS2.

But don’t let me talk you out of it. We need diversity in EVs.

Unfortunately the Polestar 2 is basically DOA in the states.

Hardly anyone here wants the sedan form factor. Of those that do, they’ve already chosen the Tesla 3 or the TCO just makes more sense.

That payment over two leases (72 months) pays off a 3 LR or almost a Perf. And despite the short term depreciation, a six year 3 LR or P is still going to be worth ~20k. So that’s basically what you’re leaving on the table.

If you don’t like Tesla, similar logic applies to a EV6, MME, etc etc.

Polestar 2s are everywhere. One of the most common EVs after Teslas. Rental car companies used to have a pile of them and you can find one at a EA location if you wait an hour.

The problem with Polestars is depreciation. They are the worst depreciating EVs. Leasing is the only way I’d touch as you can buy a year old one for 30% off MSRP. A $65K+ version should be $45K or less… used (and only a year old).

@max_g like the analysis here. Do you already baked in 7.5k fed credit in the comparison (ps2 lease vs m3 finance)?

I didn’t take the $7,500 into account on any purchase because not everyone is eligible.

It’s icing on the cake for those who are.

So polestar does no haggle? whatever is on the website is final price for lease?

Correct. I got a small discount because there was 1k on the odometer.