Will the Polestar 1 Become a Collector Car?
Polestar, the young and hip Swedish car brand producing luxury electric vehicles, first made a name for itself as an independent brand of the Volvo Group with a rechargeable hybrid sports coupe, the Polestar 1.
However, it was only sold for three years, from 2020 to 2022, before the company decided to focus on 100% battery-powered models instead. It was short-lived, but it also was a flagship product manufactured in limited quantities. So, you might wonder: will it become a collector’s item?
- Also: Polestar 2 Power Upgrade Now Available as Cheaper Standalone Option
- Also: All-New 2024 Polestar 3 is an Electric Luxury SUV With Performance in Mind
The short answer is undoubtedly yes. As a matter of fact, Hagerty, a provider of specialty insurance for classic vehicles, included the Polestar 1 in their 2020 “Hot List”, identifying it as one of the vehicles most likely to appreciate in value in the years to come.
Remember that only 500 examples have been assembled in the Chengdu Chinese plant during each of its three years of production. For the first year, a mere 30 units have been sent on the Canadian market, and about 10 for the remaining two, making the Polestar 1 quite rare in our country.
Its powertrain isn't typical, either. It combines a supercharged and turbocharged four-cylinder in the front and two electric motors in the back, for a total of 619 horsepower and an astonishing 738 foot-pounds of torque. Talk about performance!
We must also mention its 34-kWh battery, which allows an autonomy of 84 km in 100% electric mode, according to Natural Resources Canada. As far as rechargeable electric vehicles go, only two cars made by the karma brand (Revero GT and GS-6) are able to do a little bit better.
In addition to its splendid lines, the Polestar 1 contains many high-end materials and its interior finish is very refined. After all, its staggering $197,000 base price must be justified! Although it can be criticized for being too close to Volvo cars, its exclusivity is beyond doubt.
So, yes, we think the Polestar 1 will indeed become a collector’s item. Now, will you be able to find one? That’s another story!