Polestar 2: Revolutionising the Daily Drive
The Polestar 2 is not just an electric car; it's a game-changer. With instant torque for swift acceleration and a thrilling driving experience, this EV competes with its petrol-powered counterparts. Boasting a sleek and modern design, this mid-size luxury sedan captivates onlookers with its distinctive Scandinavian aesthetics and an all-electric powertrain, truly raising the bar for sustainable driving experiences. Add an estimated range of over 400 kilometres and advanced battery technology, and the Polestar 2 is not just a daily driver, but a reliable companion for long journeys, too.
To call out the Polestar 2’s key features, we absolutely love its;
- Best-in-class safety features
- Minimum 400km range
- Advanced driver-assistance systems
- Swift acceleration (0-100km/h in 4.2 seconds)
- Sleek Scandinavian aesthetics
The Polestar 2 shares its class with other popular EVs including the Tesla Model 3, BYD Atto 3 and Hyundai Ioniq 5.
What We Love
The Polestar 2 boasts impressive performance capabilities that rival its petrol-powered counterparts - with an electric powertrain delivering instant torque, ensuring swift acceleration and a thrilling driving experience. With an estimated range of over 400 kilometres, you can take longer trips with confidence, backed up by the Polestar 2’s advanced battery technology.
With state-of-the-art features, the Polestar 2 puts both driver convenience and safety at the top of the priority list. The intuitive infotainment system integrates seamlessly for both iPhone and Android users, providing access to various applications, music streaming services, and navigation tools via Bluetooth. Advanced driver-assistance systems, such as adaptive cruise control and lane-keeping assist, enhance safety on the road and exemplify Polestar's commitment to a holistic driving experience, too. With impressive road manners and looks to match, the 2023 Polestar 2 is as at home on the open road as it is in the city.
Model History
Revolutionising the automotive market with its innovative design, electrifying performance, and array of tech, the Polestar 2 may have arrived slightly later than its competitors, (launching in 2020) but has quickly established itself as a front-runner in its class.
Polestar 2: Costs
Getting into a new Polestar 2 will set you back between $62,700 (including on-road costs) for the Standard Range, Single Motor FWD model, right up to $110,995 (including on-road costs) for the top-of-the-range Long Range, Dual Motor AWD model with Performance, Pilot Lite and Plus option packs.
If financing or buying a car outright, you’ll need to factor in additional running costs including insurance, registration, servicing, and other maintenance costs. The baseline 2023 Polestar 2 costs approximately $210 per week in standing costs - insurance, registration and maintenance (excluding charging). At the time of writing, accurate depreciation estimates of the Polestar 2 aren’t yet available. It hasn't been around long enough to provide an accurate forecast and it's worth noting that vehicle supply constraints and global pricing fluctuations have muddied any future forecasts at the time of writing. Before buying, make sure you consider all the hidden costs of running a car.
Polestar 2: Finance
For most of us, either leasing or financing is preferred over buying the car outright. Both help to break down the overall cost that buying a new vehicle can involve - and when it comes to your options, it’s all about making the choice that’s right for you, right now.
If you’re looking to finance your new car, you can expect to pay the price of the vehicle plus interest (usually ranging between 6% and 20%, depending on your individual circumstances). This means that the top-of-the-range Long Range, Dual Motor AWD model with additional option packs priced at $110,995 today, financed over 5 years at 9.5% interest (with no ‘balloon’ or residual payment), will set you back approximately $537 a week (plus fees), or $139,620 over the course of your loan (ex. government fees and charges). It all adds up. Thankfully, your estimated fuel savings with a Polestar 2 come in at $6,000 over your hypothetical 5-year loan period - which is definitely something to take into consideration - but see how it can really add up?
Smart Financing Choices: Transparent Car Loans
With most banks and lending institutions, you’ll also need to consider added monthly lender, broker, and ‘break’ fees if you want to pay off your loan early. These can add up to thousands of dollars extra, depending on your lender and finance terms.
When it comes to financing, that’s why it’s a great idea to consider all of your options. Online car loan comparison platforms like CarClarity can help you find the finance arrangement that works best for you.
Polestar 2: Subscription
We’ve covered the usual options when it comes to car ownership, but the good news is that there’s one more. Here at carbar, our car subscription service allows you exclusive access to a fully maintained and comprehensively insured Polestar subscription service 2 for a simple weekly subscription cost, similar to a lease – one of the most flexible and easiest ways to get into a Polestar 2 today for as little as $499 per week.
There are minimum costs, but unlike a lease, there are no minimum terms. Just give us two weeks’ notice to swap cars or stop your subscription.
How Car Subscriptions are Changing the Game
A car subscription carries most of the benefits of a car lease, but with more flexibility. Because it’s chunked into affordable weekly payments, a carbar subscription offers an alternative to traditional car leasing that can fit your budget and lifestyle as it stands today, with the freedom to stop or swap with 2 weeks’ notice should anything change.
For businesses, there may also be an option to salary sacrifice your electric vehicle subscription. Put simply, a novated car subscription is a flexible alternative to your traditional novated car lease. Because it is being run through a business, you immediately save on GST and depending on your circumstances, could save through pre- and post-tax contributions. This effectively gives you all the benefits of a fully maintained car while potentially reducing the amount of tax you pay. There could be further savings for eligible cars that are zero or low emissions vehicles that are exempt from Fringe Benefits Tax (FBT) and first held and used after 1 July 2022*.
From Subscription to Loan: carbar's Innovative Approach to Polestar Ownership
If you love your subscription Polestar and want to own it, you can now also purchase your beloved subscription car when it works for you.
Unlike any other car retailers in Australia, carbar customers can now seamlessly switch their carbar subscription to a loan arrangement thanks to our latest partnership with car loan comparison platform, CarClarity.
We’re adding new cars to our fleet every week, with a range of vehicles in the Polestar range to choose from (and hundreds more) – whether you choose to subscribe, finance or buy.
The choice is always yours.
