Polestar has one of the best value-for-money electric SUVs on the market right now, especially if you factor in its current discount. The mid-sized Polestar 3 normally starts at $67,500 – less than its Volvo cousin, but still in premium territory. While its coupe relative, the Polestar 4, retains its $54,900 price tag, the Polestar 3 benefits from the brand’s Clean Vehicle Incentive, bringing its price down to a level that undercuts most rivals in the luxury EV space.
$18,000 Price Cut On A High-End EV
Polestar’s Clean Vehicle Incentive offers qualifying buyers up to $18,000 off any 2025 Polestar 3 when financing through Polestar at a 2.99% APR. Leasing does not qualify. With the incentive applied, the single-motor, rear-wheel-drive model, which produces 299 hp and offers an estimated 350 miles of range, drops to $49,500 – lower than the average price of a new car in the United States. The discount also applies to the dual-motor lineup. The standard dual-motor model delivers 489 hp, 315 miles of range, and falls to $55,400 after the incentive. Buyers seeking more performance can step up to the dual-motor Performance Pack variant, rated at 517 hp with 279 miles of range, and it lands at $61,400 – below the usual cost of a base Polestar 3.
The Competition After Accounting for the Discount
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BMW
Porsche
The Polestar 3 sits among rivals like the BMW iX3 and Porsche Macan Electric, all competing for the same premium EV customer. After the discount is applied, the pricing landscape changes completely. The Macan Electric starts at $78,000 and the iX3 at $60,000. Compare that to the $61,400 Polestar 3 Performance Pack, which can sprint from zero to sixty in 4.5 seconds. The iX3 takes 4.9 seconds and the base Macan Electric needs 5.4 seconds. The Polestar 3 also ships with more standard equipment in its top configuration, adding further value.
Limited-Time Opportunity For Serious Savings
Polestar
Polestar’s $18,000 discount is available until January 2, 2026, and is clearly aimed at clearing remaining 2025 stock. That matters because the 2026 Polestar 3 brings major upgrades, including an 800-volt electrical system for faster charging, a revised battery pack for increased range, and significant power bumps across the range, almost touching the new Polestar 5 sedan‘s figures. The 2026 single-motor model will make 329 hp, the dual-motor 536 hp, and the Performance Pack 671 hp. So, if you want a premium electric SUV without paying premium-EV prices, the current 2025 Polestar 3 offer is one of the most compelling deals available. With the incentive factored in, you get a well-equipped, mid-size luxury EV tied to Volvo’s proven engineering at a price that’s hard to overlook.
About the author
Marnus Moolman
News Editor, Autoblog