2024 used
$120,000First NZ-delivery Polestar 3 cars. Long Range Dual Motor the volume spec. Battery warranty runs into 2032.
Weekly
$548.34
Monthly
$2,376.14
Polestar model
Polestar Polestar 3 finance calculator
Polestar's large premium SUV, the brand's newest NZ platform.
Last reviewed: 23 April 2026
The Polestar 3 is the brand's large five-seat SUV, landing in NZ more recently than the Polestar 2 and cross-shopped against the BMW iX and Audi Q8 e-tron. It is built on a new dedicated EV platform shared with the upcoming Volvo EX90 rather than the Polestar 2's Geely-derived CMA underpinnings. Used-market data in NZ is still thin, so lenders approach Polestar 3 finance more conservatively than they do the established Polestar 2, which shows up as higher deposits and a preference for shorter terms.
Your estimated repayment
Weekly
$617/week
$1,234 /fortnight $2,673 /month
$135,000
$0
7.00% p.a.
5 years
We are not a finance company. Indicative only. Not a quote or offer of credit. Actual rates, fees, and repayments depend on your circumstances and the lender's decision.
Year by year
Polestar 3 prices and repayments, by era.
Typical NZ market prices and the weekly cost of financing each. All figures assume 7% over 5 years with no deposit. Indicative only; open the full calculator to pre-set your own rate and term.
2025 used
$140,000Broader trim availability including Performance Pack with Brembo brakes and active dampers.
Weekly
$639.73
Monthly
$2,772.17
2026+ new
$160,000Current spec including rear-wheel-drive Long Range Single Motor option.
Weekly
$731.12
Monthly
$3,168.19
Who this suits
Who buys a Polestar Polestar 3?
- Higher-income families in Auckland, Wellington, or Queenstown replacing a premium petrol SUV (BMW X5, Audi Q7) with an EV at a similar running-cost envelope.
- Executive buyers who want a premium five-seat EV SUV without moving to the Tesla Model X or Mercedes EQE SUV.
- Households who already run another EV and want a larger second car with 3,500 kg tow capability on Performance Pack spec.
Financing notes
What financing a Polestar 3 usually looks like.
At $135,000 across a 5-year term at 8.25% (EV tier), the weekly repayment sits at roughly $618 a week or $2,676 a month (indicative). Lenders on Polestar 3 applications typically prefer a 20 to 30% deposit and cap terms at 5 or 6 years because used-market data on the platform is still thin. Insurance runs materially higher than Polestar 2 and needs to be budgeted separately.
Model-specific questions
Polestar Polestar 3 finance FAQ.
Why is Polestar 3 harder to finance at the same rate as Polestar 2?
The platform is newer, and NZ lenders have less residual-value data than on the Polestar 2 which has been here since 2021. That shows up as tighter loan-to-value ratios, higher deposit expectations, and a preference for 5-year terms rather than 6 or 7 years. The underlying EV loan tier rate is usually the same, but the structure around it is more conservative.
Is the insurance premium on a Polestar 3 much higher than on a Polestar 2?
Yes, materially. Polestar 3 insurance typically runs $2,800 to $3,600 a year against Polestar 2 at $1,800 to $2,600, reflecting the higher vehicle value, aluminium body repair, and thinner NZ claims history. That gap needs to be in your affordability calculation, because it can add $20 to $25 a week to the running cost before RUC or electricity.
You might also want
Keep exploring
A formal estimate on a Polestar Polestar 3.
Our finance partner compares multiple NZ lenders. Calculator inputs travel through to the application, and the partner returns a formal estimate after the lender's credit assessment.