Polestar Is Offering Up to $25,000 Off Its 3 and 4 EVs

Although Polestar being forced to exit the U.S. market is bad news for the Geely-owned brand, it might be good news for shoppers looking to get a new EV for a lot cheaper than MSRP. Through the end of July, Polestar is offering up to $23,000 off a Polestar 3 for cash or financed buyers, and up to $25,000 off a Polestar 4 for cash buyers. At those discounts, it’s possible to get a brand-new Polestar for nearly the same money as a new Nissan Leaf. But you’ll need to hurry, as the offer ends July 31.

Polestar is calling this discount the “Clean Vehicle Incentive,” and you can get a base Polestar 4 RWD compact EV SUV with up to 310 miles of range for as little as $32,800. For comparison, the 2026 Nissan Leaf S Plus starts at $31,535 and has 303 miles of range on a full charge. The Polestar 4 is also notable for its lack of rear glass, instead using a rear-mounted camera and digital rearview mirror to look out the back.

If you want something larger, you could go for the Polestar 3 RWD midsize EV SUV, which starts at $44,500 with the incentive applied. That puts it $1,995 below the 2026 Chevrolet Blazer EV FWD LT not counting any available incentives from Chevy. Still, the Polestar 3 gets the edge with its 350-mile range and 299-hp, 361-lb-ft motor versus the Blazer EV FWD’s 312 miles of range and 220 hp and 243 lb-ft.

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What’s the Catch?

As mentioned, the 3’s $23,000 incentive is only available if you pay cash or purchase via financing with a 4.99% APR through Polestar Financial Services. The Polestar 4 incentive is cash only, and senior MotorTrend editors think that might have something to do with the vehicles’ countries of origin. The 4 is built in South Korea for the U.S. market, while the 3 is manufactured at Volvo’s Ridgeville, South Carolina, plant.

These incentives apply only to vehicles delivered to owners by July 31, which is also when the program ends for both models.

The only other asterisk is that you need to be a regular consumer, not a company buying a 3 or 4 for fleet service, including dealer-affiliated fleet companies. Otherwise, it appears all variants of both vehicles are eligible for the Clean Vehicle Incentive.

What About Volvo and Servicing After 2026?

Its sibling brand, Volvo, is not currently offering similarly deep discounts on its own EVs. The most it is offering is $1,000 off a cash purchase of an EX30 or EX40. And for those worried that Polestar ending U.S. new-car sales after the 2027 model year could create service and warranty headaches like Fisker customers faced, that should not be an issue. It may not have the Polestar name on the building, but Volvo dealers will still take care of owners. Most Polestar Service Points are already co-located at those dealerships, so the experience should not change.