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Polestar 3 Electric

$423,000 - $530,000
Distributor
Wearnes Automotive (Polestar)
45 Leng Kee Road (159103)
Built in
China (launched 2024)
Vehicle Type
Rating
No review posted. Be the first to Rate it!
Submodel
Long Range Single Motor 111 kWh(A)
423,000
4.93km/kWh • 295bhp • Single-speed (A)
NEW
Current price
$423,000
Depreciation
$37,900 /yr
Downpayment
$169,200 (Maximum 60% loan)
Instalment
$3,652 /mth
COE quota premium
$117,003 (Category B COE)
Road tax
$2,205 /yr
OMV
$76,568
ARF
$87,420 (After VES & EEAI rebates)
VES
$25,000 (Rebate)
EEAI
$15,000 (Rebate)
Total basic cost
$302,960
Premium
40%
Previous recorded price
-
Highest recorded price
-
Lowest recorded price
-
Long Range Dual Motor 111 kWh(A)
476,000
redArrowIcon
4.6km/kWh • 483bhp • Single-speed (A)
Current price
$476,000
price sign image
Price Increased by $ 5,000 on 19 Mar 2025
View full price history
Depreciation
$42,400 /yr
Downpayment
$190,400 (Maximum 60% loan)
Instalment
$4,109 /mth
COE quota premium
$117,003 (Category B COE)
Road tax
$5,118 /yr
OMV
$82,558
ARF
$104,186 (After VES & EEAI rebates)
VES
$25,000 (Rebate)
EEAI
$15,000 (Rebate)
Total basic cost
$327,410
Premium
45%
Previous recorded price
$471,000
Highest recorded price
$481,000 (Past 6 mths)
Lowest recorded price
$471,000 (Past 6 mths)
Long Range Dual Motor Performance Pack 111 kWh(A)
530,000
redArrowIcon
4.4km/kWh • 510bhp • Single-speed (A)
Current price
$530,000
price sign image
Price Increased by $ 5,000 on 19 Mar 2025
View full price history
Depreciation
$47,000 /yr
Downpayment
$212,000 (Maximum 60% loan)
Instalment
$4,575 /mth
COE quota premium
$117,003 (Category B COE)
Road tax
$5,431 /yr
OMV
$89,990
ARF
$147,968 (After VES & EEAI rebates)
VES
$5,000 (Rebate)
EEAI
$15,000 (Rebate)
Total basic cost
$380,740
Premium
39%
Previous recorded price
$525,000
Highest recorded price
$535,000 (Past 6 mths)
Lowest recorded price
$525,000 (Past 6 mths)

Editorial Reviews

What we like
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Arguably the best-looking large electric SUV in recent memory
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Spacious and quietly sumptuous interior
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Impressive yet approachable performance
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Good range of adjustments for a personally-curated driving experience
What we don’t like
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User interface/experience requires some getting used to
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Unconventional flagship-likeness may not appeal to those with more traditional ideas of luxury

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