2021 Polestar Polestar 1True Cost of Ownership in India
619 hp hybrid. Full cost breakdown including import duty (100%), VAT (28%), insurance, fuel at ₹1.05/L, maintenance, and depreciation.
Purchase Price
$397K
Base: $155K
Annual Total
$45K
Insurance + fuel + maintenance
Import Duty
$155K
100% of base price
VAT
$87K
28% applied
Annual Insurance
$350
Avg for this country
5-Year Total
$622K
Purchase + 5yr running costs
2021 Polestar Polestar 1 — Full Cost Breakdown in India
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $155K |
| Import Duty (100%) | $155K |
| VAT / Sales Tax (28%) | $87K |
| Total Purchase Price | $397K |
| Annual Insurance | $350 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $300 |
| Annual Depreciation | $43K |
| Registration & Road Tax | $900 |
| Total Annual Running Cost | $45K |
| 5-Year Total Cost of Ownership | $622K |
| Cost Per Kilometer | $2.997 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Polestar Polestar 1 Fuel Cost Calculator — India
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Polestar Polestar 1 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in India.
$0 Fuel Cost
Electric vehicle — no gasoline required
Polestar Polestar 1 Depreciation Curve
The Polestar Polestar 1 loses approximately $88K (57%) of its value over 5 years.
Year-by-Year Value
| New | $155K | 100% |
| Year 1 | $112K | 72% |
| Year 2 | $96K | 62% |
| Year 3 | $84K | 54% |
| Year 4 | $74K | 48% |
| Year 5 | $67K | 43% |
Depreciation based on electric segment averages.
Polestar Polestar 1 vs. Competitors in India
How does the Polestar Polestar 1 compare to similar cars available in India?
Polestar
Polestar 1
Base Price
$155K
Annual Cost in India
$45K
Tesla
Model 3
Base Price
$42K
Annual Cost in India
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in India
$5K
BMW
i4
Base Price
$56K
Annual Cost in India
$8K
Annual costs estimated for India market. Import duty (100%) and VAT (28%) applied to all models.
🇮🇳 Owning a Car in India
Cheapest country to own a car overall.
Very Expensive for India
Annual car costs = 2043% of average India income ($2K/yr)
Average Annual Income
$2K
In India
Fuel Price
₹1.05/L
Gasoline dominant
Avg Car Insurance
$350
Per year
Import Duty
100%
On vehicle value
VAT / Sales Tax
28%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in India
Polestar Polestar 1 in India — Frequently Asked Questions
Common questions about owning a Polestar Polestar 1 in India.
The 2021 Polestar Polestar 1 has a base price of $155,000 USD. In India, after 100% import duty and 28% VAT, the total purchase price is approximately $396,800 USD (₹396,800 INR).