Came here looking for a discussion about this deal being heavily advertised on Reddit. The last time I saw a similar ad was for lucid in 2024 when I missed a great deal. Anyone looked into it?:
Lease a Polestar 3 Long range Single motor starting at $399/mo.¹
• $399 per month for 27 months
• $5,399 cash due at signing
¹Monthly lease payment of $399 per month for 27 months is based on Polestar 3 Long range Single motor with an adjusted capitalized cost of $49,895 (MSRP of $68,900 including destination and delivery fee of $1,400, plus acquisition fee of $995, less $5,000 capitalized cost reduction, $15,000 Polestar Clean Vehicle Noncash Incentive, and $2,000 Long range Single motor Noncash Promotion). Actual MSRP may vary and could affect your monthly lease payment. Cash due at signing includes $5,000 down payment, $399 first month’s payment and $0 security deposit. Tax, title, license, registration and dealer fees are additional fees due at signing. Advertised payment does not include applicable taxes. Lessee is responsible for excess wear and mileage over 10,000 miles/year at $0.25/mile. Incentive not valid on previous leases and has no cash value. Polestar 3 Long range Dual motor with Performance pack shown for illustrative purposes only.
Available to qualified customers that meet PFS credit standards at authorized Polestar Spaces. Not everyone will qualify. Offer valid from August 1, 2025 until September 30, 2025. Must take delivery on or before September 30, 2025. See your participating Polestar Space for details. Polestar reserves the right to make changes to any information and elements at any time, e.g. to final prices, taxes, fees, etc. Automobile financing and account servicing provided by Volvo Car Financial Services U.S., LLC, d/b/a Polestar Financial Services. Polestar Financial Services is a registered trademark of Polestar Holding AB.
National ads are terrible. Read the fine print and you realize it requires massive down payment, is missing tax and fees. I’m sure one of the polestar brokers can crush whatever effective monthly this comes out to.
I agree this is not a great deal. I priced out the Polestar this month. The advertised lease is closer to $550/mo before tax, title and fees when the big down payment is factored in.
Granted, you can probably negotiate the selling price lower, but I just didn’t find the car that appealing. The base model has decent range, but its 400 volt architecture isn’t super fast at charging and the RWD long range is 0-60 in 7.5 seconds, which is very slow by luxury EV standards. There’s no hands-free driving, and the only interior colors are dark and dour unless you pay $5500 for leather.
For me, the car was only desirable with AWD, leather, plus and Pilot packages, which made an $82k SUV costing a minimum of $575/mo if I got a steal of a deal. In the end I didn’t even bother trying. I preferred the Ioniq 5 on the lower end, the Audi Q6 on the mid-end, and the BMW iX on the high end.
And Polestar is hemorrhaging cash, which just lowers their desirability in my mind even more. Volvo can’t afford to float them anymore, so good luck!
We try our best to ignore the uneducated masses while they upvote garbage lease deals on their wretched platform.
If you want a great deal on a lease: forget everything you read there, force-quit any AI apps you might ask, get out a calculator and start reading Leasing 101 here which explains why
They’re not worth anyone’s time, even when they’re a punchline.
