Lexus ES All-Electric vs Polestar 2: cost to own

Verdict, over 6 years

The Lexus ES All-Electric costs about $10,314 less

That's $143 a month. Closest matching trims: same fuel and drive where possible.
ES All-Electric 500e AWD✓ $1,582/moTrue cost
2 Long range Dual motor$1,725/moTrue cost
2026 Lexus ES All-Electric
2026 Lexus ES All-Electric
Closest matching trim: ES All-Electric 500e AWD
Sticker (MSRP)$65,525
+$12,311→↓Freight, fees, HST
Drive away$77,836
+ running costs→↓− $24,439 resale
True cost$1,582/moA month to own, after resale
2027 Polestar 2
2027 Polestar 2
Closest matching trim: 2 Long range Dual motor
Sticker (MSRP)$69,900
+$13,041→↓Freight, fees, HST
Drive away$82,941
+ running costs→↓− $24,170 resale
True cost$1,725/moA month to own, after resale

Line by line

Price
Sticker (MSRP)✓ $65,525$69,900ES All-Electric by $4,375
Freight and fees, before tax✓ $3,356$3,499ES All-Electric by $143
Sales tax (HST)✓ $8,955$9,542ES All-Electric by $587
Drive-away price✓ $77,836$82,941ES All-Electric by $5,105
Running costs, 6 years
Fuel or charging✓ $2,892$3,548ES All-Electric by $656
Insurance (estimate)✓ $17,685$18,213ES All-Electric by $528
Maintenance (estimate)✓ $8,781$10,478ES All-Electric by $1,697
Loan rate6.5%6.5%—
Loan interest✓ $15,318$16,392ES All-Electric by $1,074
Lost return on your money✓ $15,752$16,737ES All-Electric by $985
Resale after 6 yrs✓ −$24,439−$24,170ES All-Electric by $269
Total
True cost✓ $113,916$124,230ES All-Electric by $10,314
True cost a month✓ $1,582/mo$1,725/moES All-Electric by $143
You pay each month✓ $1,633/mo$1,759/moES All-Electric by $126
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 people33—
Towing, lb—2,000—
Fast charge, minutes2828 (10-80%)—
Cargo behind row 2, litres377✓ 407—
Range, km (winter about 70%)444 (311)✓ 447 (313)—
Length5.14 m4.61 m—
Ground clearance14 cm✓ 15 cm—
Resale % after 6 yrs✓ 37%35%—
US crash testNot rated yetNot rated yet—
European crash test—✓ 5★ (2021)—
Price
Sticker (MSRP)
ES All-Electric 500e AWD ✓ $65,5252 Long range Dual motor $69,900Cheaper by ES All-Electric by $4,375
Freight and fees, before tax
ES All-Electric 500e AWD ✓ $3,3562 Long range Dual motor $3,499Cheaper by ES All-Electric by $143
Sales tax (HST)
ES All-Electric 500e AWD ✓ $8,9552 Long range Dual motor $9,542Cheaper by ES All-Electric by $587
Drive-away price
ES All-Electric 500e AWD ✓ $77,8362 Long range Dual motor $82,941Cheaper by ES All-Electric by $5,105
Running costs, 6 years
Fuel or charging
ES All-Electric 500e AWD ✓ $2,8922 Long range Dual motor $3,548Cheaper by ES All-Electric by $656
Insurance (estimate)
ES All-Electric 500e AWD ✓ $17,6852 Long range Dual motor $18,213Cheaper by ES All-Electric by $528
Maintenance (estimate)
ES All-Electric 500e AWD ✓ $8,7812 Long range Dual motor $10,478Cheaper by ES All-Electric by $1,697
Loan rate
ES All-Electric 500e AWD 6.5%2 Long range Dual motor 6.5%Cheaper by —
Loan interest
ES All-Electric 500e AWD ✓ $15,3182 Long range Dual motor $16,392Cheaper by ES All-Electric by $1,074
Lost return on your money
ES All-Electric 500e AWD ✓ $15,7522 Long range Dual motor $16,737Cheaper by ES All-Electric by $985
Resale after 6 yrs
ES All-Electric 500e AWD ✓ −$24,4392 Long range Dual motor −$24,170Cheaper by ES All-Electric by $269
Total
True cost
ES All-Electric 500e AWD ✓ $113,9162 Long range Dual motor $124,230Cheaper by ES All-Electric by $10,314
True cost a month
ES All-Electric 500e AWD ✓ $1,582/mo2 Long range Dual motor $1,725/moCheaper by ES All-Electric by $143
You pay each month
ES All-Electric 500e AWD ✓ $1,633/mo2 Long range Dual motor $1,759/moCheaper by ES All-Electric by $126
Practical
Fuel type
ES All-Electric 500e AWD Electric2 Long range Dual motor ElectricCheaper by —
Seats
ES All-Electric 500e AWD 52 Long range Dual motor 5Cheaper by —
Carry-ons, 2 people
ES All-Electric 500e AWD 32 Long range Dual motor 3Cheaper by —
Towing, lb
ES All-Electric 500e AWD —2 Long range Dual motor 2,000Cheaper by —
Fast charge, minutes
ES All-Electric 500e AWD 282 Long range Dual motor 28 (10-80%)Cheaper by —
Cargo behind row 2, litres
ES All-Electric 500e AWD 3772 Long range Dual motor ✓ 407Cheaper by —
Range, km (winter about 70%)
ES All-Electric 500e AWD 444 (311)2 Long range Dual motor ✓ 447 (313)Cheaper by —
Length
ES All-Electric 500e AWD 5.14 m2 Long range Dual motor 4.61 mCheaper by —
Ground clearance
ES All-Electric 500e AWD 14 cm2 Long range Dual motor ✓ 15 cmCheaper by —
Resale % after 6 yrs
ES All-Electric 500e AWD ✓ 37%2 Long range Dual motor 35%Cheaper by —
US crash test
ES All-Electric 500e AWD Not rated yet2 Long range Dual motor Not rated yetCheaper by —
European crash test
ES All-Electric 500e AWD —2 Long range Dual motor ✓ 5★ (2021)Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $4,375.