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Polestar 5 novated lease costs

Choose your Polestar 5, then see what fits your pay.

Polestar 5 Dual motor Launch edition. Illustrative image; trim details may vary.

Illustrative image only. Actual model may differ.

Generic illustration. Model image coming soon.

Estimated take-home cost

From $806 / week

$110,000 salary · 5-year lease

Compare lease and loan costs in your estimate.

Not FBT-exempt

Final payment of $55,832 is separate. An estimate, not a quote.

Cost breakdown

Vehicle price: $186,788indicative drive-away

Final payment: $55,832, separate from weekly costs.

Above the $91,661 FBT exemption threshold.

Lease signed today. Weekly costs include estimated running costs after tax savings. Savings compare the same car with a standard car loan. Deposits and final payments are separate. Your provider’s quote will differ.

Vehicle details

2 variants · Up to 678 km WLTP across the line-up

Compare all Polestar 5 variants$110k salary, 5-year lease. Choose one to update the estimate.

Polestar 5 Dual motor Launch edition$806 / week estimated

Choosing your variant

Before you choose

  • Your everyday driving

    Compare rated range with your regular trips and charging options.

  • The equipment you need

    Check the exact grade, model year and included features.

  • Your final quote

    Confirm options, final price and lease eligibility with your provider.

Polestar 5 novated lease FAQ

Is the Polestar 5 FBT-exempt?

No. Even the Dual motor Launch edition, the cheapest Polestar 5 we track, has a list price of $152,705, about $61,044 above the $91,661 luxury car tax threshold for fuel-efficient vehicles, so no variant qualifies for the electric car FBT exemption. You can still lease one through salary packaging, but the employer pays FBT or passes it on, which usually erodes the tax advantage.

What salary do I need for a Polestar 5 novated lease to make sense?

Less than you might think, because the Polestar 5 is not FBT-exempt: the pre-tax advantage is largely offset by the FBT the employer pays or passes on, so a higher salary does not rescue the sums the way it does on an exempt EV. Compare it against a standard loan in the calculator before committing. Calculate the Polestar 5 Dual motor Launch edition on your salary

How accurate are these Polestar 5 numbers?

They are estimates, not a quote. Each variant uses its own catalogue price. These answers use the Dual motor Launch edition at $186,788 indicative drive-away, a 5-year term and a $110,000 salary. Interest rates, fees and running costs can change a provider's quote. Personalise the estimate in the calculator.

Does my employer need to offer novated leasing for the Polestar 5?

Yes. Your employer needs to support salary packaging for the lease. You can estimate the Dual motor Launch edition here without entering contact details, then check with payroll which providers and arrangements your employer accepts.

What is included in the estimated Polestar 5 cost?

For the Dual motor Launch edition, the estimate includes lease finance, estimated running costs and a typical provider fee, after estimated tax savings. It is not just a finance repayment. The annual cost excludes any upfront deposit and the final payment to keep the car; review the calculator breakdown and your provider's quote.

Is there a final payment to keep the Polestar 5?

Yes. The 5-year Dual motor Launch edition example has an estimated final payment of $55,832 to keep the car. That payment is separate from the displayed annual cost. Your lease contract sets the actual amount and end-of-lease options.

What happens after I request a callback about the Polestar 5?

You review the contact form and consent before submitting. Your enquiry and estimate are sent to our leasing and finance partner, so they can discuss your needs and next steps. Requesting a callback does not commit you to a lease. You can also choose to email yourself the estimate instead.

Ready to personalise your Polestar 5 estimate?

Adjust your salary, lease term and running costs to see your own numbers.

An estimate, not a provider quote.

Illustration of an electric car driving along an Australian coastal road

Illustrative image