Polestar Lease Mileage Allowance & Overage Fees
Polestar publishes both its excess-mileage rate and its annual mileage plans on its own lease page.
Quick answer
How much is the Polestar lease overage fee? Polestar Financial Services publishes $0.25 per mile for miles over your contracted allowance, so 5,000 miles over costs $1,250. The rate in your own lease is the one that applies: Regulation M requires every US lease to state the excess-mileage charge.
Sources: Polestar Financial Services, Regulation M
What Polestar Financial Services says about excess mileage
“If you exceed the mileage terms of your lease agreement, you will be responsible to pay for the additional mileage at the end of the agreement term for $0.25 per mile.”
| Leasing company | Polestar Financial Services (Volvo Car Financial Services U.S.) |
|---|---|
| Published excess-mileage rate | $0.25 per mile |
| Annual mileage options | 7,500, up to 10,000, 15,000 |
| Segment | EV |
What Polestar Financial Services publishes about your Polestar lease
Each item below is quoted from the lender's own website or lease-end documents and was re-checked on the date shown. Your contract governs where it differs.
Mileage allowance
Mileage plans
Polestar's standard plan is up to 10,000 miles a year, with a low plan of as few as 7,500 and a high plan of as many as 15,000.
“Polestar offers a standard mileage plan of up to 10,000 miles per year, but also offer other mileage plans to meet your driving needs. The low mileage plan offers as few as 7,500 miles per year, while the high mileage plan offers as many as 15,000 miles per year.”
Source: Polestar US (checked 2026-10-21)
Buying the car at lease end
Buying the car
You can buy the car at any time during or at the end of the lease.
“No, but you have the option of purchasing the car at any time during or at the end of the lease contract.”
Source: Polestar US (checked 2026-10-21)
About the lender
Who the lender is
Polestar leases are financed and serviced by Volvo Car Financial Services U.S., LLC, doing business as Polestar Financial Services.
“Automobile financing and account servicing provided by Volvo Car Financial Services U.S, LLC, d/b/a Polestar Financial Services.”
Source: Polestar US (checked 2026-10-21)
How to find the rate in your Polestar lease
Polestar Financial Services publishes $0.25 per mile, but the figure that binds you is the one in your own contract. Every US lease must carry an “Excessive Wear and Use” notice, and Regulation M (12 CFR 213.4(h)) requires that notice to “specify the amount or method for determining any charge for excess mileage.” Find that box in your Polestar lease paperwork: the per-mile figure printed there is your rate.
How to stay ahead of Polestar overage fees
- Find your mileage allowance and per-mile rate in your Polestar lease agreement, in the excess-mileage disclosure described above.
- Divide your total allowance by the number of months in your lease to get your monthly mileage budget.
- Log your odometer regularly and compare it to that budget so you spot a problem while small changes still matter.
- If you are trending over, ask Polestar Financial Services whether it will sell extra miles; the Federal Reserve notes that miles negotiated into the lease often cost less than excess miles at the end.
- If you will exceed the limit anyway, compare paying the overage at turn-in against buying the car, which removes the excess-mileage charge where your lease has a purchase option.
Polestar Lease Mileage FAQ
Polestar Financial Services (Volvo Car Financial Services U.S.) publishes $0.25 per mile. In its own words: "If you exceed the mileage terms of your lease agreement, you will be responsible to pay for the additional mileage at the end of the agreement term for $0.25 per mile." At that rate, going 5,000 miles over costs $1,250, and 10,000 miles over costs $2,500. Your lease contract states the rate that actually applies to you.
In your lease agreement. Under Regulation M (12 CFR 213.4(h)), a US lessor must disclose "the amount or method for determining any charge for excess mileage." Look for the "Excessive Wear and Use" notice in your contract: the excess-mileage charge is stated with it, and it overrides any figure you read online.
Polestar's standard plan is up to 10,000 miles a year, with a low plan of as few as 7,500 and a high plan of as many as 15,000. Your own allowance is the one printed on your lease.
Ask Polestar Financial Services before you sign. The Federal Reserve notes that it often costs less to negotiate a higher mileage limit in the lease than to pay for excess miles at the end.
Track your odometer against your mileage budget (total allowance divided by lease months) and correct early, while you still have time to change how you drive. If you will go over anyway, compare the turn-in charge with buying the car: the Federal Reserve notes that if you purchase your leased vehicle at lease end you are not responsible for excess mileage charges. LeaseMiles tracks your pace automatically and warns you before you cross the line.
