CarFitt

Polestar 4 vs Volvo EX40: cost to own

Verdict, over 6 years

They cost about the same

Within $186: too close to call. Closest matching trims: same fuel and drive where possible.
4 Rear motor$1,614/moTrue cost
EX40 Core Twin Motor$1,611/moTrue cost
2027 Polestar 4
2027 Polestar 4
Closest matching trim: 4 Rear motor
Sticker (MSRP)$64,900
+$12,391→↓Freight, fees, HST
Drive away$77,291
+ running costs→↓− $22,442 resale
True cost$1,614/moA month to own, after resale
2026 Volvo EX40
2026 Volvo EX40
Closest matching trim: EX40 Core Twin Motor
Sticker (MSRP)$63,600
+$12,696→↓Freight, fees, HST
Drive away$76,296
+ running costs→↓− $21,992 resale
True cost$1,611/moA month to own, after resale

Line by line

Price
Sticker (MSRP)$64,900✓ $63,600EX40 by $1,300
Freight and fees, before tax✓ $3,499$3,9194 by $420
Sales tax (HST)$8,892✓ $8,777EX40 by $115
Drive-away price$77,291✓ $76,296EX40 by $995
Running costs, 6 years
Fuel or charging✓ $3,666$3,7674 by $101
Insurance (estimate)$17,619✓ $17,421EX40 by $198
Maintenance (estimate)✓ $9,113$9,9704 by $857
Loan rate6.5%6.5%—
Loan interest$15,204✓ $14,995EX40 by $209
Lost return on your money$15,647✓ $15,456EX40 by $191
Resale after 6 yrs✓ −$22,442−$21,9924 by $450
Total
True cost$116,189✓ $116,004EX40 by $185
True cost a month$1,614/mo✓ $1,611/moEX40 by $3
You pay each month$1,639/mo✓ $1,633/moEX40 by $6
Practical
Fuel typeElectricElectric—
Seats55—
Carry-ons, 2 people44—
Towing, lb2,0002,000—
Fast charge, minutes30 (10-80%)——
Cargo behind row 2, litres526✓ 536—
Range, km (winter about 70%)✓ 499 (349)418 (293)—
Length4.84 m4.44 m—
Ground clearance17 cm——
Resale % after 6 yrs35%35%—
US crash testNot rated yetNot rated yet—
European crash test✓ 5★ (2025)——
Price
Sticker (MSRP)
4 Rear motor $64,900EX40 Core Twin Motor ✓ $63,600Cheaper by EX40 by $1,300
Freight and fees, before tax
4 Rear motor ✓ $3,499EX40 Core Twin Motor $3,919Cheaper by 4 by $420
Sales tax (HST)
4 Rear motor $8,892EX40 Core Twin Motor ✓ $8,777Cheaper by EX40 by $115
Drive-away price
4 Rear motor $77,291EX40 Core Twin Motor ✓ $76,296Cheaper by EX40 by $995
Running costs, 6 years
Fuel or charging
4 Rear motor ✓ $3,666EX40 Core Twin Motor $3,767Cheaper by 4 by $101
Insurance (estimate)
4 Rear motor $17,619EX40 Core Twin Motor ✓ $17,421Cheaper by EX40 by $198
Maintenance (estimate)
4 Rear motor ✓ $9,113EX40 Core Twin Motor $9,970Cheaper by 4 by $857
Loan rate
4 Rear motor 6.5%EX40 Core Twin Motor 6.5%Cheaper by —
Loan interest
4 Rear motor $15,204EX40 Core Twin Motor ✓ $14,995Cheaper by EX40 by $209
Lost return on your money
4 Rear motor $15,647EX40 Core Twin Motor ✓ $15,456Cheaper by EX40 by $191
Resale after 6 yrs
4 Rear motor ✓ −$22,442EX40 Core Twin Motor −$21,992Cheaper by 4 by $450
Total
True cost
4 Rear motor $116,189EX40 Core Twin Motor ✓ $116,004Cheaper by EX40 by $185
True cost a month
4 Rear motor $1,614/moEX40 Core Twin Motor ✓ $1,611/moCheaper by EX40 by $3
You pay each month
4 Rear motor $1,639/moEX40 Core Twin Motor ✓ $1,633/moCheaper by EX40 by $6
Practical
Fuel type
4 Rear motor ElectricEX40 Core Twin Motor ElectricCheaper by —
Seats
4 Rear motor 5EX40 Core Twin Motor 5Cheaper by —
Carry-ons, 2 people
4 Rear motor 4EX40 Core Twin Motor 4Cheaper by —
Towing, lb
4 Rear motor 2,000EX40 Core Twin Motor 2,000Cheaper by —
Fast charge, minutes
4 Rear motor 30 (10-80%)EX40 Core Twin Motor —Cheaper by —
Cargo behind row 2, litres
4 Rear motor 526EX40 Core Twin Motor ✓ 536Cheaper by —
Range, km (winter about 70%)
4 Rear motor ✓ 499 (349)EX40 Core Twin Motor 418 (293)Cheaper by —
Length
4 Rear motor 4.84 mEX40 Core Twin Motor 4.44 mCheaper by —
Ground clearance
4 Rear motor 17 cmEX40 Core Twin Motor —Cheaper by —
Resale % after 6 yrs
4 Rear motor 35%EX40 Core Twin Motor 35%Cheaper by —
US crash test
4 Rear motor Not rated yetEX40 Core Twin Motor Not rated yetCheaper by —
European crash test
4 Rear motor ✓ 5★ (2025)EX40 Core Twin Motor —Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $1,300.