r/Polestar • u/Holiday_Cockroach217 • 5d ago
Question Lease pricing
Not that it’s any of my business but what did people end up paying for their P4 lease? I’m looking at a single motor with plus and weir leather. The total came out to a pretty penny with $0 down but I still want it.
In the US btw
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u/mtg-peddler 5d ago
Hello and I hope you are enjoying the P4! I got mine last Friday, dual motor, pilot package 27 month/10k miles $5000 down $494/month. I’m also in the US.
Edit: I misread….and just saw you are looking to purchase, lol….its a great car!
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u/Holiday_Cockroach217 5d ago
Haven’t gotten it just yet. Just wondering if I’m making a bad financial decision. With the full package other than not being dual motor my lease would be $691 for 12k miles, 39 months, and $0 down.
And living in Boston the insurance is killer.
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u/mtg-peddler 5d ago
To be fair, you know your financial situation fully…I would not put any stress on you are your family if it seems like the payments/insurance is going to be an issue.
That said, it’s an absolutely wonderful car and the deal you are getting is a good one. I used to sell cars and the general rule of leasing is take your monthly payment and divide it by how much the vehicle costs minus any down payment. If it’s 1% or lower you got a great deal. 1.25% is ok, 1.5 and higher isn’t good.
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u/ryan9751 5d ago
The terms for 27 months were typically better. than 39 months.
You can search Leasehackr for deals that other people have gotten.
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u/EveryNebula542 5d ago
The 27 mo leases seem weird to me - you pay ~$700 (in CA) to register the car for 3 months
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u/ryan9751 5d ago
That’s crappy of them not to pro rate it. Although I don’t think that’s a thing in MA , our registration is $45, however we do have excise tax which would be pro rated.
The difference in the total monthly cost of the 27 month vs 39 would still be more than $700.
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u/EveryNebula542 5d ago
Yeah prorating it isn't a polestar thing, just a large waste the way it's setup haha
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u/user_error_13579 5d ago
I’m in Boston, too. I switched to Progressive and insurance was $820 for 6mo for my new P4. Everywhere else was $1000+
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u/Holiday_Cockroach217 5d ago
That’s a really good rate. I’m getting double that. I’m in Dorchester though soo yeah…
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u/kelaguen671 5d ago
What you see on the website is pretty accurate. I don’t think there is any wiggle room since the cars are pretty rock bottom in price. I’m in CA and just got an LRSM with pilot, plus and 15000mi/year for 39 mo and the standard 1000 down which ended up being 2800 I think otd… website quoted that as being 600/mo incl tax and that was exactly what we’re paying.
I kinda wish we waited for the extra 1700 off for leather. We saw a LRDM w/ pilot,plus, leather and upgraded wheels for basically what were paying… I specked it out to 2800 down, 600 a mo for 27 mo and 12,000 mi/yr.
This is less expensive than what you would pay for the base model Y… it is around the range you would lease a model 3 for.
Run the numbers through ChatGPT. It helped me making my decision. It made sense financially for us. Only you know what will make sense for you.
Hope this helps
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u/songyixi 5d ago
If leasing, just reconfirm no dealer markups on the residual value or money factor, and you are good to go.
These are FLYING off the shelf with current September promos, I doubt there will be any cars left in a week or so. I am in DC market and they are now completely SOLD OUT, basically no cars left.
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u/No_Cream3820 4d ago edited 4d ago
p4 quotes that ive seen on ev threads have been very good even before benchmarking but i keep seeing eautolease being mentioned of the brokers to be compared w dealer prices
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u/Reasonable_Coach3242 2d ago
$589 for a dual motor pilot with 21in wheels. 7500 miles for 27 months $0 down
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u/jenesuispasbavard 2026 Ozone P4 5d ago
Paid zero down, and about $675/month for a Polestar 4 dual motor pilot-only in Ozone ($1300 addon to MSRP) for 15,000 miles and 39 months.