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$313 per week · 5 yrs at 11.09%
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Your budget puts you into some good EVs with decent range including the BYD Seal, Cupra Born, Hyundai Ioniq 5, Polestar 2 (just outside your budget), Tesla Model 3 and others.
Resale value is the big unknown at the moment with many used-car buyers wary of the potential costs of replacing the EV battery sometime in the future.
The future-proofing thing is debatable, too, and experts reckon EV technology is still in its infancy and has a long way to go. If that’s the case, then today’s EVs might seem like Model T Fords in the near future. It all remains to be seen and rests partly on the willingness of the Australian government to get serious about the EV infrastructure necessary for the tech to become viable for more people.
There are three different ways to charge your Polestar two – two at home and one in public. The first involves a regular 240V wall socket, using a standard charging cable provided by Polestar. This will take roughly 34 hours at home for the 69kWh battery or 41 hours for the long-range 82kWh battery. Charging costs range between 21 to 36 cents per kWh on average but can vary depending on demand and which state you live in. Alternatively, owners can purchase an AC wall unit which on average costs between $800 to $2000, with additional charges for installation. An 11kW unit will fully charge a Polestar 2 with a 69kWh battery in seven hours, while the 82kWh unit will take eight hours. If the unit is hooked up to solar power, the cost can be free. Polestar owners can also access public DC fast-charging stations with the maximum output of 200kW. It will take 40 minutes to charge the 69kWh battery at this rate and 32 minutes on the 82kWh unit. Once again, charges depending on demand and where you’re charging, but as a general rule you should never pay more than $40 per charge.
The Polestar 3 and 4 are produced by Swedish carbrand Polestar. The 3 is produced in both Chengdu, at Polestar's parent company Geely's plant, and in the US at Ridgeville South Carolina. The 4 also produced in China at Ningbo, as well as in South Korea at Renault's Busan plant. Both examples sold in Australia are built in China.
Disclaimer: You acknowledge and agree that all answers are provided as a general guide only and should not be relied upon as bespoke advice. CarsGuide is not liable for the accuracy of any information provided in the answers.
View all Polestar FAQsPolestar began as Volvo’s performance arm, tuning engines and building race cars. In 2017, it became a standalone electric brand owned by Volvo’s parent company, Geely. Its goal was simple — make clean, fast EVs with Scandinavian design.
The first model, the Polestar 1, was a low-volume plug-in hybrid coupe. It set the tone, but the real push came with the Polestar 2, a fully electric liftback aimed squarely at the Tesla Model 3. Built in China and styled in Sweden, it’s helped Polestar carve out a niche in premium EVs.
Polestar cars are now sold in Australia with a growing local presence. The brand focuses on digital sales and minimalist interiors, with an emphasis on sustainability. More models include SUVs like the Polestar 3 and 4. While still a small player, Polestar is shaping up as one of the more interesting EV options for Aussie drivers.
* Price is based on the Manufacturer's Suggested Retail Price for the lowest priced variant. The Price excludes costs such as stamp duty, other government charges and options. Disclaimer: Glass's Information Services (GIS) and CarsGuide Autotrader Media Solutions Pty Ltd. (CarsGuide) provide this information based on data from a range of sources including third parties. Whilst all care has been taken to ensure its accuracy and reliability, GIS and CarsGuide do not warrant or represent that the information is accurate, reliable, complete, current or suitable for any particular purpose. You should not use or rely upon this information without conducting an independent assessment and valuation of the vehicle. To the maximum extent permitted by law, GIS and CarsGuide exclude all liability for any direct, indirect, special or incidental loss, damage, expense or injury resulting from, arising out of, or in connection with your use of or reliance upon this information.
** Warranty information shown is based on manufacturer data supplied by Glass's Information Services or the manufacturer directly and reflects the manufacturer warranty offered at the time of publication. Warranty terms vary by model, variant and time of purchase, may be subject to kilometre caps, service conditions and exclusions, and may change without notice. Extended warranty cover may be conditional on servicing at an authorised dealer. For used vehicles, remaining manufacturer warranty depends on the vehicle's build date, service history and previous ownership. Nothing in this warranty information limits or excludes any rights or guarantees you have under the Australian Consumer Law, which apply in addition to any manufacturer warranty. CarsGuide does not warrant the accuracy or currency of the warranty information. Confirm current warranty terms with the manufacturer or an authorised dealer before purchase.
*** Disclaimer: The repayment calculator is merely a model for illustrative purposes only and does not represent an agreement by any lender to provide credit. The default interest rate included is an indicative rate and does not represent an offer by any lender to provide finance at this repayment rate. The default loan term is an average loan term of 5 years. The default interest rate and default loan term can be changed in order to allow you to model alternative repayment outcomes. The calculator does not factor in fees and charges that a lender may levy. CarsGuide Autotrader Media Solutions Pty Ltd, trading as carsguide.com.au, and their affiliated companies (carsguide) do not make any representation or warranty, whether express or implied, as to the calculator or calculations and accepts no liability in relation to the same. CarsGuide does not hold an Australian Credit Licence and does not provide financial or credit services of any kind. You should obtain independent financial advice before obtaining finance. CarsGuide may let the dealer know that you have used this repayment calculator as an indication that you are interested in obtaining finance.
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