Polestar 3
$70,000-$90,000
Is a Polestar 3 a Tax Write-Off?
Short answer: It depends on the trim: some Polestar 3 configurations are rated just over 6,000 lbs GVWR and some are under, which changes how much you can write off in year one.
Over 6,000 lbs, the business-use share can use 100% bonus depreciation without passenger-car caps; under it, first-year depreciation is capped at roughly $20,000. Check the door-jamb sticker for your exact vehicle before buying.
Records to keep: Keep a contemporaneous mileage log (date, miles, business purpose), business-use percentage, the purchase contract, and a photo of the door-jamb GVWR sticker.
Polestar 3
Typical range: $70,000-$90,000
General Business
It depends on the trim: some Polestar 3 configurations are rated just over 6,000 lbs GVWR and some are under, which changes how much you can write off in year one.
Business justification
It depends on the trim: some Polestar 3 configurations are rated just over 6,000 lbs GVWR and some are under, which changes how much you can write off in year one. Over 6,000 lbs, the business-use share can use 100% bonus depreciation without passenger-car caps; under it, first-year depreciation is capped at roughly $20,000. Check the door-jamb sticker for your exact vehicle before buying.
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