This luxury EV that now costs less than a new Corolla

Luxury electric vehicles Suffering from a double depreciation hit – EVs lose value faster than gas or hybrid cars, and luxury vehicles have historically poor resale values. In combination, these factors create steep depreciation curves that punish original buyers, but use used car shoppers.

Rich early adopters absorb this financial hit to stay on advanced technology, while smart buyers can score significant deals on the market used. The real question: are there hidden disadvantages to buying a heavily written luxury EV?

Surprisingly little. When you consider that a used luxury EV can cost the same as a new one Toyota Corolla ($ 22,725- $ 28,940), The value proposition is mandatory-u gets advanced technology and premium functions for the Economy Auto-money.

2022 Polestar 2: Advanced luxury for less than $ 26,000

Wait, you know what, this luxury EV we are talking about has one Average resale value that starts at $ 25,997 According to Iseecars. So yes, for less than the price of a brand new, Mid-Range Corolla, you can get a luxurious, technology-filled and much more advanced 2022 Polster 2. The Polestar 2 is one of the first wave of Tesla hunters that arrived in the luxury EV scene in the early 2020 and thanks to the magic of corruption, they are impressive in the market used.

Easy to find a 2021 model for less than $ 20,000

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View the Polestar 2 -Listings on IseecarsAnd you will see that, although most floating in the range of $ 25,000-$ 30,000, it is also fairly easy to find a 2021 model 19E vehicle for less than $ 20,000. In fact, Polestar 2S were almost completely charged for the early model year, because they all came as the launch edition version for $ 61,200, although optional add-ons such as 20-inch wheels (19s are standard) and Nappa Leather upholstery were available at that time.

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For an extra $ 5,000 when brand new, the Polestar 2 was supplied with the performance package, including Öhlins Dempers, 20-inch forged wheels and Brembo brakes. However, the Öhlins dampers are more a pain than a pleasure to possess, because although these are track -oriented dampers, you have to manually adjust the damping firmness of under the vehicle. Let’s face it, for his price, nobody will be willing to make their hands messy just to adjust a set of feathers.

How his prices versus other EVs

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For an accurate comparison we investigate the percentage of depreciation over five years instead of absolute dollar amounts – because the segment and the size of a luxury EV have a direct influence on the initial price. While a polestar 2 naturally costs less than one BMW i7The real story lies in which models keep their value better as a percentage of the original price. Here the Polestar 2 belongs to luxury electric sedans in the depreciation landscape of 2025.

The various updates of the Polestar 2

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The Polestar 2 received, just like many luxury EVs, incremental and huge updates about his life cycle. The electric luxury crossover Sedan made his debut in 2021, while a 2024 Mid cycle facelift De Polestar 2 made a mandatory model 3-rival fundamental, because it was given more efficient EV drivers and new batteries to finally offer a competitive series versus what Tesla explpted.

2021-2023 Updates

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When Polestar emerged as an independent EV -brand instead of Volvo’s performance, the setup of the Polestar 2 remained simple. The 2022 model only offered dual-engine AWD-Configurations-Launch edition or performance package delivery of 408 hp, 487 LB-FT torque and a 78 kWh battery. While this setup reached 0-60 MPH in 4.5 seconds, the EPA range suffered only 233 miles, causing the 300+ miles of model 3 short.

The 2022 model year brought a game-changing FWD variant to $ 47,200, so that the range was exercised to 270 miles due to improved efficiency. In the meantime, the double engine fell from $ 61,200 to $ 51,200. Polestar improved the double engine via OTA-Updates-a paid upgrade raised electricity to 476 hp and 502 LB-FT torque, while a free update improved range of 233 to 249 miles. The refreshing 2023 added another 11 miles, so that the total range of the double engine brought to 260 miles.

2024

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Newer Polestar 2 models recommend higher prices, especially after the 2024 Renewal that made important changes. The FWD variant was replaced by an RWD configuration with a larger 82 kWh battery, with which 295 hp and 320 miles of reach. The Dual Motor AWD, however, retained its 78 kWh package, which limited the reach to 276 miles.

The line-up 2025 simplified everything in a single, fully charged long distance with performance package finish. Despite the packing of 469 hp and the larger 82 kWh battery, the range drops to 254 miles. With $ 66,200 with each option included, it is a tough sale for reach-conscious EV buyers who prioritize miles over the performance.

What you get in a polestar 2

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Regardless of which model year you choose, there is something in common in every polestar 2. You don’t think about packages and it has too much, because how the Polestar 2 is configured, you get a stylish electric luxury sedan with crossover proportions and a minimalist premium interior.

Sedan with crossover -genes

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The Polestar 2 is supported by the CMA platform that is used in the Volvo XC40 and other Geely Group vehicles-from which most crossover SUVs are. As a result, this Fastback -Sedan runs a little larger than the Tesla Model 3, for example, which gives the Polestar 2 a unique character in one way or another. Different color and wheel choices are available to meet your taste, although because earlier models only came in a fully charged launch edition variant, the amount of personalization is much more limited.

Get in the Polestar 2, and you will be greeted by a premium yet sustainable indoor -sourced interior. All models get a 12.3-inch infotainment that Android Automotive performs, which means that the user interface is spicy and is extremely easy to use. Optional extras range from things such as colored safety belts, Nappa leather upholstery, a panoramic glass roof, a bowers & wilkins surround sound system, among other things, and also depending on the model year. Finally, the interior is also practical, thanks to the fastback valve that makes a wide cargo space possible. However, the passenger space seems to be uncomfortable in some places, where the front seats feel a bit narrow and the rear seats are less spacious than rivals.

Comfort with a certain degree of sportiness

Finally, with regard to the driving experience, although this is a newer model car, the majority of what we have experienced here is transferred from older models. As an EV brand with a sports history such as Volvo’s sub-brand, the Polestar combines 2 comfort and refinement with a certain degree of athletics. Models with the Öhlins dampers of the Performance package ensure that the car certainly feels sportier and angular, but their manual adjustability is a hassle instead of a pleasure to have.

The technology is also very intuitive and easy to use, while the interior is a relaxing place to be in. But unless you go for the FWD or RWD versions, the reach of the Polestar 2 is good instead of excellent. In general, however, a Polestar 2, especially if a used purchase, will be more emotionally more attractive than a brand new Toyota Corolla.