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Will the Polestar 1 Become a Collector Car?

Published on December 15, 2022 in Pre-owned vehicles by The Car Guide

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?

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.

Photo: Marc Lachapelle

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!

Photo: Marc Lachapelle

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.

Photo: Marc Lachapelle

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!

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