Polestar is offering up to $25,000 off the Polestar 4 in the United States through Nov. 2, 2026, a rebate worth more than 40 percent of the electric crossover’s sticker price. The Polestar 4 carries a sticker price of $56,400 to $57,800, according to Electrek’s October report on Kelley Blue Book pricing data, so the full discount would bring the lowest-priced version down to about $31,400 before destination charges, taxes and fees.
Polestar’s own offers page for the car lists the cash deal alongside several others, and it is explicit about the end of the window: “Valid until November 2, 2026.” The deadline is less than three weeks away, which matters for anyone who wants delivery before the offer closes. Electrek’s Oct. 13 report gives the same Nov. 2 end date, so both records agree on when the window shuts.
The $25,000 cash offer and who qualifies
On Polestar’s U.S. offers page, the lead deal is $25,000 off MSRP on a cash purchase. The offer period runs from Oct. 1 to Nov. 2, 2026, and vehicles must be delivered by Nov. 2, so ordering late in the window is a risk. Offers are for qualified customers who meet Polestar Financial Services credit standards, are subject to vehicle availability, and cannot be combined with fleet leasing or fleet management programs.
Electrek’s Michelle Lewis flagged the rebate in her write-up of Kelley Blue Book’s September numbers, noting that the Polestar 4 has a rebate of up to $25,000 through Nov. 2 off the $56,400 to $57,800 MSRP. The phrase “up to” is doing real work: the maximum applies to the cash purchase structure, and other structures on the same page are smaller.
Lease, financing and loyalty alternatives
Buyers who prefer to lease can take the dual-motor model for $499 a month for 27 months with $1,500 due at signing, a deal that includes a $19,000 Clean Vehicle Incentive and applies to cars with upgraded metallic paint. The lease allows 7,500 miles a year, with excess mileage charged at $0.25 per mile, and taxes, title, registration, the acquisition fee, insurance and dealer fees are extra.
Financing carries a different trade. A buyer who takes Polestar’s 0 percent APR for up to 60 months receives an $18,000 Clean Vehicle Incentive rather than the full $25,000, so the interest-free loan costs $7,000 in discount. Current or former Polestar owners and eligible household members can add a $1,000 loyalty bonus, limited to one per vehicle identification number and requiring proof of ownership, and a $1,700 Nappa leather bonus applies to the Dual Motor Plus with that interior if ordered by the deadline.
An earlier round of a similar discount, covered by InsideEVs writer Kevin Williams, offered up to $25,000 off for buyers arranging their own financing and $18,000 with Polestar’s 0 percent loan, with a stated end date of July 31 and leases starting at $399. The structure has therefore recurred, and shoppers weighing the current deal can compare it with that earlier pricing.
Polestar’s rebate in September transaction prices
Kelley Blue Book reported that the average new EV transaction price in September was $55,879, up about 2.4 percent from August’s revised $54,574 but 3 percent below a year earlier. Incentives averaged 11 percent of the transaction price, the lowest this year and down from 14.2 percent a year earlier, or roughly $6,147 per vehicle. Against that average, a $25,000 Polestar rebate is an outlier.
The context is the end of the federal $7,500 tax credit, which expired after September 2025. Electrek noted that the $6,147 figure is an industry average and that the actual offer depends on the vehicle being shopped. KBB also found the premium of EVs over comparable gas vehicles holding near 11 percent through 2026, compared with nearly 18 percent on average in 2025. Earlier monthly data, in Electrek’s August coverage, showed EV incentives at 12 percent of the transaction price, and Kelley Blue Book’s August release put that against an industry-wide average of 6.5 percent. Erin Keating, an executive analyst at Cox Automotive, said in that release that the strong growth of subcompact SUVs shows how important affordability remains in the market.
Electrek’s framing was that cheaper EV prices “aren’t arriving in a straightforward way,” and the Polestar deal fits that description: a headline price that is high on the sticker and far lower after incentives. The same article put Tesla’s September average transaction price at $54,345, up 3.3 percent from August, with the Model 3 and Model Y making up nearly 97 percent of its sales.
For a shopper, the numbers say that the discount is real but time-limited: it ends Nov. 2, requires credit qualification for financing and lease structures, and depends on delivery before the date. Terms on the offers page, including vehicle availability and credit approval, decide who actually gets the full amount.
This article was produced with the assistance of AI and reviewed by Morning Overview editors prior to publication.
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