Financing options

Financing options
Personal Contract Purchase (PCP)

A popular type of loan that keeps monthly payments low. At the end of the agreement you can return the car, retain it, or part exchange it for a new car.

A popular type of loan that keeps monthly payments low. At the end of the agreement you can return the car, retain it, or part exchange it for a new car.

All about Polestar

  • PCP is a flexible form of loan that covers the car’s expected depreciation value during the term of the agreement. When the agreement ends, you have three options:
  • Retain the car: Simply pay the Optional Final Payment and the car is yours.
  • Return the car: There's nothing more to pay if the car is in good condition and within the agreed mileage terms.
  • Renew the car: Choose another car, using any excess part exchange value that is above the Optional Final Payment towards your deposit.

The benefits of PCP

  • Lower monthly payments

    Because you’re only paying off part of the value of the car, monthly payments are lower.

  • Flexible terms

    You can choose to pay a larger deposit upfront to make monthly payments even lower.

  • Keep your options open

    At the end of the agreement, you can choose to retain, return or renew the car.

How it works

Follow the four steps below to set up a PCP plan for a Polestar electric car.

  • 01.
    Selection

    Choose a Polestar 2 version that fits your requirements.

  • 02.
    Application

    Enter your details to apply for a PCP agreement.

  • 03.
    Approval

    Our partner Finance Ireland Credit Solutions DAC trading as Polestar Financial Services will discuss the application with you for approval.

  • 04.
    Handover

    You can take delivery of a brand new Polestar within 4 weeks.

Compare financing options

PCP
Hire Purchase

Fixed monthly payment

Yes

Yes

Flexible terms

Yes

Yes

Initial deposit

Yes

Yes

Final payment

Yes

No

Motor tax

No

No

Service and maintenance

No

No

Full ownership

Yes - when final instalment made

Yes - when final instalment made

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Frequently asked questions

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Polestar 2

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Explore finance options

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