๐Ÿ‡ฒ๐Ÿ‡ฝMexico ยท electric

2021 Polestar Polestar 1True Cost of Ownership in Mexico

619 hp hybrid. Full cost breakdown including import duty (20%), VAT (16%), insurance, fuel at $0.8/L, maintenance, and depreciation.

Annual cost =458%of avg Mexico income

Purchase Price

$216K

Base: $155K

Annual Total

$46K

Insurance + fuel + maintenance

Import Duty

$31K

20% of base price

VAT

$30K

16% applied

Annual Insurance

$1K

Avg for this country

5-Year Total

$445K

Purchase + 5yr running costs

2021 Polestar Polestar 1 โ€” Full Cost Breakdown in Mexico

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$155K
Import Duty (20%)$31K
VAT / Sales Tax (16%)$30K
Total Purchase Price$216K
Annual Insurance$1K
Annual Fuel Cost$0
Annual Maintenance$900
Annual Depreciation$43K
Registration & Road Tax$450
Total Annual Running Cost$46K
5-Year Total Cost of Ownership$445K
Cost Per Kilometer$3.053

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 โ€” Mexico

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

โšก Electric Vehicle

The Polestar Polestar 1 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Mexico.

$0 Fuel Cost

Electric vehicle โ€” 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$155K100%
Year 1$112K72%
Year 2$96K62%
Year 3$84K54%
Year 4$74K48%
Year 5$67K43%

Depreciation based on electric segment averages.

Polestar Polestar 1 vs. Competitors in Mexico

How does the Polestar Polestar 1 compare to similar cars available in Mexico?

โ˜… This Car

Polestar

Polestar 1

Base Price

$155K

Annual Cost in Mexico

$46K

619 hp hybrid

Tesla

Model 3

Base Price

$42K

Annual Cost in Mexico

$5K

Best range, Supercharger network

Hyundai

IONIQ 6

Base Price

$39K

Annual Cost in Mexico

$5K

Ultra-efficient, fast charging

BMW

i4

Base Price

$56K

Annual Cost in Mexico

$8K

Premium feel, driving dynamics

Annual costs estimated for Mexico market. Import duty (20%) and VAT (16%) applied to all models.

๐Ÿ‡ฒ๐Ÿ‡ฝ Owning a Car in Mexico

Low insurance costs, moderate fuel.

๐Ÿ”ด

Very Expensive for Mexico

Annual car costs = 458% of average Mexico income ($10K/yr)

๐Ÿ’ฐ

Average Annual Income

$10K

In Mexico

โ›ฝ

Fuel Price

$0.80/L

Gasoline dominant

๐Ÿ›ก๏ธ

Avg Car Insurance

$1K

Per year

๐Ÿ“‹

Import Duty

20%

On vehicle value

๐Ÿ›๏ธ

VAT / Sales Tax

16%

Applied at purchase

๐Ÿš—

Driving Side

Right-hand

North America

Popular Car Brands in Mexico

NissanVolkswagenChevrolet

Polestar Polestar 1 in Mexico โ€” Frequently Asked Questions

Common questions about owning a Polestar Polestar 1 in Mexico.

The 2021 Polestar Polestar 1 has a base price of $155,000 USD. In Mexico, after 20% import duty and 16% VAT, the total purchase price is approximately $215,760 USD ($215,760 MXN).