The first wave of 2024 Polestar 3 arrivals is just around the corner.
On Wednesday, Polestar announced a broader price walk for its electric crossover than we previously expected. Thanks to the addition of a less expensive Long Range Dual Motor w/ Pilot Pack, the 2025 Polestar 3 now has a lower MSRP of $74,800. It’s not just the base model that sees a sizable price drop, though: The entire lineup gets a $5,000 discount to make it more competitive against its compact EV rivals. While there’s still some wiggle room down on the lower end of the range with a single-motor model (every Polestar 3 you can currently configure is an AWD dual-motor variant), you’re at least looking at a more palatable price tag than the automaker initially pitched.
The previous entry-level model, the Long Range Dual Motor w/ Pilot and Plus Pack still has a hefty name, but also a lower price tag. Thanks to that $5,000 drop, it now comes in at $80,300 to start, including Polestar’s $1,400 destination fee. The Pilot Pack adds a head-up display as well as the brand’s Pilot Assist, Park Assist Pilot and Lane Change Assist. The Plus Pack brings in more luxurious features like 21-inch wheels, heated wool seats and a 25-speaker Bowers & Wilkins audio system.
As a foil to Tesla’s Model Y Performance, the 2025 Polestar 3 also gets a Performance Pack, upping the output to 517 horsepower and 671 lb-ft of torque. It also gets larger 22-inch wheels and stiffer suspension tuning, as well as gold seat belts and brake calipers. The base version (with no additional packages) starts at $80,800, though adding in the Plus Pack features bumps the price up to $86,300. That still represents a $5,000 discount against the initial pricing scheme. Polestar quotes a 0-60 time of 4.7 seconds for its quickest models, so it’s still not as quick on paper as a Model Y, despite costing nearly $30,000 more.
If you’re looking to buy an early 2025 Polestar 3, you won’t be able to get the $7,500 tax credit. That should change, however, once the automaker starts building them in South Carolina, rather than Chengdu, China. That switchover is supposed to happen in the coming months, so the cars hitting showrooms later on in the year may qualify. However, you can get around that issue by leasing your Polestar 3, in which case it will still be able to get a $7,500 credit, which will help you net more affordable lease terms.
Polestar’s configurator with updated pricing is available now, while the first cars are set to arrive in the second quarter.