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You can lease a 2025 Polestar 3 for the same price as a Polestar 2 right now

Polestar’s March incentives have an interesting twist – the 2025 Polestar 3 has the same lease price as the Polestar 2, even though there’s an $8,600 gap in their sticker prices.

The Polestar 3 starts at $74,800, while the Polestar 2 comes in at $66,200. But when it comes to leasing, as CarsDirect flagged, both EVs are being offered at $599 per month for 27 months, with $5,599 due at signing and a 10,000-mile annual limit, until March 31.

The 2025 Polestar 3 lease deal applies to the LR Single Motor Plus trim, while the 2025 Polestar 2 offer is for the LR Dual Motor Performance. That helps explain why both EVs are available with the same lease terms, despite their price difference.

The LR Single Motor trim is the most budget-friendly version of the Polestar 3, packing 299 horsepower and 361 lb-ft of torque. It can hit 60 mph in 7.5 seconds and offers up to 350 miles of range. Meanwhile, the Polestar 2 only comes in the LR Dual Motor Performance trim, which cranks out 476 hp and 546 lb-ft of torque. It’s much quicker off the line, reaching 60 mph in just 4 seconds, but it tops out at 254 miles of range.

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The main reason the Polestar 2 and Polestar 3 share the same lease deal comes down to incentives. The Polestar 3 qualifies for a $15,000 Clean Vehicle Incentive – only available for leases – which is double the $7,500 incentive that applies to the Polestar 2. And if you drive a leased or owned Tesla, Polestar is also offering an additional $5,000 Conquest Bonus for your car on Polestar 3 leases until March 31. But if you’re looking to buy the Polestar 2 or 3, there’s no standard rebate on the table.

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Read more: Polestar 3 first drive: This all-electric SUV is masterfully tuned and sneaky fast


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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.