Polestar 3 Gets $18,000 Price Cut, Undercuts BMW and Porsche EV Rivals

Polestar slashes the 2025 Polestar 3 by up to $18,000 through its Clean Vehicle Incentive, dropping the base price to $49,500.

Why it matters: The discount makes Polestar’s luxury SUV cheaper than the average new car in America and significantly undercuts German rivals.

The Details

• Polestar’s Clean Vehicle Incentive offers up to $18,000 off any 2025 Polestar 3 when financing through Polestar at 2.99% APR.
• Leasing does not qualify for the discount.
• The offer expires January 2, 2026, and targets buyers before the upgraded 2026 model arrives.
• Polestar is clearing 2025 inventory as the 2026 Polestar 3 brings major upgrades including an 800-volt architecture and significantly more power.

Polestar 3 Pricing After Discount

• Single-Motor RWD: $49,500 (was $67,500) / 299 hp / 350 miles range
• Dual-Motor AWD: $55,400 / 489 hp / 315 miles range
• Dual-Motor Performance Pack: $61,400 / 517 hp / 279 miles / 0-60 in 4.5 seconds

Competitor Pricing

• Porsche Macan Electric: $78,000 / 0-60 in 5.4 seconds
• BMW iX3: $60,000 / 0-60 in 4.9 seconds
• Polestar 4: $54,900 (no discount currently available)

EVXL’s Take

Polestar is doing what every EV maker must do in the post-subsidy era: self-fund the discounts that taxpayers used to provide. With federal EV tax credits dead since September 30, automakers can no longer rely on $7,500 government handouts to close sales. Tesla launched aggressive 0% APR financing for the same reason.

The catch here is significant. You must finance through Polestar, leasing doesn’t qualify, and the deal only applies to 2025 models that will be superseded by substantially upgraded 2026 vehicles.

The 2026 Polestar 3 jumps to 800-volt architecture and the Performance Pack gets 671 hp. If you can live with the 2025’s 400-volt system, this is one of the strongest luxury EV deals available, as first reported by Autoblog.

Frequently Asked Questions

• Does the Polestar 3 qualify for federal tax credits? No. The $7,500 federal EV tax credit expired on September 30, 2025.
• Can I lease to get the $18,000 discount? No. The Clean Vehicle Incentive requires financing through Polestar at 2.99% APR.
• When does the offer expire? January 2, 2026.