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The inefficiency of the P4 is what bogs it down for me. 270 miles EPA for a dual motor AWD (likely even less on 22 inch tires) on a 100kWH battery on a car the size of an Ioniq 5 is just not acceptable for a new EV released in 2024. The EV9 has the same range and battery size yet it's a 3-row brick. It feels like the marketing and design department are trying their hardest to dress up what is essentially an old EV, which it is.
you included 'savings' on tesla quote so not equal at all. add $6640 to yours.
I was ignoring the "gas savings" and looking at the $54K number, not the $47K with potential savings. So yeah, $10k less than the P4, which is still extremely significant.
Today was Polestar VS Mustang GT with a 6 speed manual
I haven't gone against a Mustang GT in awhile, so when there was one in front of me, all I did was match him, I stayed off his tail though as I hate it when people ride my tail. He thought he would teach me a lesson, and pulled to the right lane before the next light. It took him two lights to realize he wasn't going to win, and it was over
I'm sure if he had an automatic he would have done better, as every shift and I gapped him even more. A Supercharger would have also helped 😂
Time for another efficiency report on the Polestar. Now that the temps have gotten warmer (in the upper 80's), I've been doing some more logging, and efficiency has gone up despite heavy AC usage. Here are the latest figures from April through May 8th:
I looked into the possibility of selling my lease early to companies like Carvana or CarMax, but unfortunately not going to happen. I owe about roughly $4k on my lease and the buyout is around $34k, but they are valuing my car at $22k. So I'll just have to wait until December to place the order for the Model 3 Performance
Polestar is launching a new cheaper Polestar 3 soon: Here’s what we know so far
A more affordable Polestar electric SUV is set to launch by the end of the year. Polestar (PSNY) will unveil a cheaper, entry-level Polestar 3 model to compete with Tesla and Porsche. Here’s what we know so far.
Meet the Polestar’s new electric SUV
With the Polestar 3 expected to begin rolling out in the US in the coming months, the automaker is already planning to launch a cheaper option for buyers.
Polestar 3 production began in April in Chengdu, China, a few months ago, with additional production in South Carolina expected to start in mid-2024. Polestar has already successfully completed early production tests in the US.
The Polestar 3 will be the company’s first EV built on two continents as the brand looks to expand in major markets globally.
The entry-level Long Range Dual Motor was expected to start at $83,900 with up to 300 miles EPA range. However, in March, Polestar announced a new starting MSRP of $73,400 with Pilot Pack included as standard on all trims.
Polestar expects deliveries of the standard Long Range Dual Motor to begin in the second quarter of 2024.
The company also revealed that the Polestar 3 is eligible for its $7,500 Polestar Clean Vehicle Incentive on leases, potentially bringing prices as low as $65,900.
The Polestar 3 Long Range Dual Motor with standard Pilot Pack and optional Plus Pack starts at $78,900. Polestar’s Plus Pack includes a 1,610-watt Bowers and Wilkins sound system, 21″ wheels, bio-attributed MicroTech, and heated rear seats.
Polestar’s Long Rang Dual Motor model boasts up to 489 hp and 620 lb-ft of torque with 315 EPA estimated miles range.
For added performance, the Polestar 3 with Performance Pack is available for $79,400. This boosts output to 517 hp and 671 lb-ft of torque for a 0 to 60 mpg sprint in 4.6 seconds. It also includes “Swedish Gold” accents, 22″ performance wheels, and Polestar-engineered chassis tuning.
Polestar to launch cheaper Polestar 3 variant
Polestar confirmed a cheaper Polestar 3 will join the lineup by the end of the year as the new base model.
Speaking with the media, Polestar’s global head of communications, Brent Ellis, said, “Later this year, the single-motor version of the Polestar 3 will be available.”
Ellis added, “It will be rear-wheel drive, and we will have more details a few months from now when the time comes to launch.”
Although details and pricing are yet to be revealed, Polestar’s product manager told Drive the RWD model will use the same rear electric motor as the AWD Long Range Dual Motor model with 180 kW (241 hp).
Like the other trims, the RWD model will feature a 111 kWh battery pack, which should see increased range.
Polestar 3 deliveries are expected to kick off in Australia in June 2024. However, it will be a true electric five-seater. Ellis confirmed, “There’s not going to be a seven-seater at any point.”
The cheaper model will likely launch in the US and other global markets. More details are expected closer to its official debut. Check back for more info soon.
Electrek’s Take
Although Polestar claims Tesla is not the competition (more like Porsche’s new Macan EV), a cheaper electric SUV could help it keep pace with Tesla’s best-selling Model Y.
Tesla’s RWD Model Y starts at $44,990 with up to 320 miles range. The Long Range AWD model costs $47,990 with up to 310 miles range. Meanwhile, the Performance variant starts at $51,490 with a 0 to 60 mph sprint in 3.5 seconds. With the $7,500 EV tax credit, Tesla Model Y prices start at as low as $37,490.
I was seriously considering replacing my Polestar 2 Launch Edition with the Volvo when my lease ended in August. I still love my Polestar 2, but was intrigued about the dual motor acceleration of the EX30. Someone on the Polestar-Forum had some time with the Volvo and did not like the throttle mapping and the OPD when compared to the P2. Instead, I am going to lease a new 2024 Polestar 2 (same build) but for 27 mos (instead of 39) and will drop my monthly payment from $710 to $545. This is with $1500 OOP. I think it's a no-brainer.
You can get into a new Polestar 2 and take advantage of the $2000 Costco discount in addition to the now 10,000 clean energy vehicle discount (when leasing). If you're willing to forego the leather and go with the no cost color (Jupiter) you can even go lower on your payments. I'm not too fond of Jupiter and want the ventilated leather seats.
Is anyone else taking advantage of the available discounts? If so, what kind of monthly payments are you seeing?
I was seriously considering replacing my Polestar 2 Launch Edition with the Volvo when my lease ended in August. I still love my Polestar 2, but was intrigued about the dual motor acceleration of the EX30. Someone on the Polestar-Forum had some time with the Volvo and did not like the throttle mapping and the OPD when compared to the P2. Instead, I am going to lease a new 2024 Polestar 2 (same build) but for 27 mos (instead of 39) and will drop my monthly payment from $710 to $545. This is with $1500 OOP. I think it's a no-brainer.
You can get into a new Polestar 2 and take advantage of the $2000 Costco discount in addition to the now 10,000 clean energy vehicle discount (when leasing). If you're willing to forego the leather and go with the no cost color (Jupiter) you can even go lower on your payments. I'm not too fond of Jupiter and want the ventilated leather seats.
Is anyone else taking advantage of the available discounts? If so, what kind of monthly payments are you seeing?
Sounds like a good plan. The $2K Costco discount is tempting, but I've already decided I'm going to change it for a Model 3 Performance, which I'm going to buy. I don't feel like getting into another lease
Put a down payment on 2024 Magnesium DM with pilot and plus and leather. This is the same build as my 2021 Snow Launch Edition. Got em down to $505/month for 27 mos lease and 12K miles. My current payment is $710/month for 39 mos and 15K miles/yr.
Again, $1500 OOP. Car will be in early June they say.
Put a down payment on 2024 Magnesium DM with pilot and plus and leather. This is the same build as my 2021 Snow Launch Edition. Got em down to $505/month for 27 mos lease and 12K miles. My current payment is $710/month for 39 mos and 15K miles/yr.
Again, $1500 OOP. Car will be in early June they say.
04-24-24, 12:25 PM
