Drive a Polestar 2 from only $199* per week
*Model year 2024 only. Including running costs.
Designed for the joy of electric performance.
A car with good handling responds predictably, regardless of the road surface or driving conditions. The Polestar 2 chassis integrates the battery and pairs high torsional stiffness with a low centre of gravity to ensure a responsive, assertive drive.
All- or rear-wheel drive
Polestar 2 comes with an all-wheel drive or a rear-wheel drive powertrain, both optimised for performance and driver engagement. The newly-developed asynchronous front motor, permanent magnet rear motor, and silicon carbide inverter increase efficiency and torque, while the all-wheel drive system can disengage the front axle to further reduce energy consumption.
Polestar 2: The driver’s EV
- Range up to (WLTP)¹ 659 km
- Charging time¹ 28 min
- 0-100 km/h² 4.2 sec
- Power up to² 350 kW 476 hp
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Polestar 2 Long Range
- Battery range of up to 655 km (based on single motor variant)
- Rear or all-wheel drive options
- 0 - 100 km/h in as little as 4.2 seconds with dual motor and performance pack
- Towing capacity up to 1,500kg
- Fast charge from 10% - 80% in 28 minutes
- Google-based infotainment and navigation system with voice control and in-car apps
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It's the materials that make the interior.
Polestar 2 offers five carefully curated interior colour schemes paired with innovative upholstery and deco materials. Discover a new form of premium that pairs a progressive design language with a mindful use of resources.
Polestar 2's seats are designed for optimal ergonomics that hone the electric experience. Their shape and structure ensure a comfortable journey, no matter the travelling distance or the style of driving.
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Model specs and features
| Standard range Single motor | Long range Single motor | Long range Dual motor |
|---|---|---|
Range up to 546 km | Range up to 655 km | Range up to 593 km |
Charging time (10-80%) 34 min | Charging time (10-80%) 34 min | Charging time (10-80%) 28 min |
0-100 km/h¹ 6.4 seconds | 0-100 km/h¹ 6.2 seconds | 0-100 km/h¹ 4.5 seconds |
How does a novated lease work?
Just like other forms of car finance, there are typically a number of payments over a fixed term, with a residual (or balloon) payment due at the end of the lease. Each party to the agreement – employer, employee, and financier – will play a specific role.
The employer
Agrees to make regular, automated payroll deductions from the employee’s pre-tax salary. Our expert team helps set everything up.
The employee
Agrees to pre-tax salary deductions, in exchange for the use of the vehicle. The vehicle can be used for business or entirely for personal use.
The financier
Procures the vehicle, establishes the lease and manages the administrative, contractual and compliance aspects of the transaction.
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Quick-fire novated lease questions
Learn more about how a novated lease works from start to finish. Our expert consultants can also answer any questions, so you can sign up with confidence.
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Is there a minimum salary to get a novated lease?
No, there is no minimum salary to get a novated lease.
Novated leasing approval is dependent on your capacity as a borrower much like traditional finance. This means you need to illustrate your ability to meet regular repayments over the term of the lease.
Chat with one of our experts about how much you may be able to borrow.
How long will my novated lease be?
The term of the lease agreement is completely up to you.
Generally, terms of one to five years are available under a novated lease.
The length of the lease term will determine your repayments and your residual.
What's the minimum and maximum value of car I can get?
The amount you can borrow for a vehicle will vary depending on the lender.
In general, the minimum novated lease amount is $10,000, while higher amounts (up to $500k) are subject entirely to the repayment capacity of the applicant.
Chat with one of our experts about how much you may be able to borrow or check out our novated lease explained guide.
Can you help me get a novated lease anywhere in Australia?
Can I buy a used car with a novated lease?
Yes, you can buy a used car both privately or through a dealership.
Some financiers will allow the vehicle to be up to 15 years of age at least end.
Buying a used car from a dealership will also still see you save the GST on the purchase price. Find out more by visiting used cars through a novated lease
Can I get a novated lease if I work for my own company?
Salary sacrificing a car through a novated lease can be suitable for a business owner who is also an employee of their own company, but it’s only an option if the business owner is receiving a salary from the company they own.
If you are planning to leave your current employment to start your own business, you can transfer your novated lease, provided you are paying yourself a salary.
If you are self-employed – i.e. are not paid a salary or paying yourself a salary through your own company – you will need to look at alternative forms of vehicle finance.
What happens at the end of a novated lease?
You have a few options available at the end of your novated lease term:
Upgrade - most of our customers tend to upgrade their vehicle, your expert consultant can help you find the right upgrade for you and even help you sell your current vehicle to help pay out the residual. If the sale price is higher than the residual, you keep that profit - tax-free!
Extend - If you want to keep the same car and continue enjoying the tax savings, we can help you refinance the residual amount for another term of your choice.
Own outright - Pay the residual amount (including GST) at the end of the lease term to own the car outright
What happens if I leave my current job during a novated lease?
If you leave your job during the term of your novated lease, you will still be responsible for making the finance repayments on the vehicle.
The lease will be de-novated, where the running costs are removed from the agreement and repayments work much the same way as a standard car loan.
If you are going to a new employer who offers novated leasing as an employee, you may be able to transfer your novated lease over under a re-novation, or request Novated Lease Australia set up as a partner.
See your savings with a Polestar novated lease
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