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
Your estimated repayment
Weekly
$617/week
$1,234 /fortnight $2,673 /month
$135,000
$0
7.00% p.a.
5 years
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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.
Polestar Polestar 3 finance calculator Not a lender. Not a broker. Financing a Polestar Polestar 3 in New Zealand
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.
Calculate repaymentsIndicative only. Not a quote or offer of credit.
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's 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.
Is a Polestar 3 usually financed through a business?
It is a common company-vehicle choice at this price. The deductibility and fringe benefit tax position follows from how the vehicle is actually used, which is your accountant's call, subject to their confirmation.
What term suits a Polestar 3 at around $135,000?
Shorter than the price alone would suggest. A large EV on a new nameplate carries less resale evidence than an established petrol SUV at the same money, and lenders commonly manage that through the term rather than the rate.
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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.