Not sure I agree with that. It’s pretty low and I’ve scraped the front of mine a few times.
Thanks! I also need to see how I like driving it haha. I live 15 mins from the studio so I’m going to test drive it to my house.
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A Lucid Air Touring is available here. The price is $84,700 and then with the other fees, $7,500 Air credit, $7,500 plug-in vehicle savings, the net capital cost is $72,270. If I put $0 down, taking into account the $500 deposit, $558 additional would be due at signing bringing monthly payments to $1,058 for an 18 month lease. What am I missing as this looks pretty terrible.
You need to find a Touring with a lower MSRP. One without options is $77,900 which will lease at $625/m with $0 down + taxes and fees. Each option adds $30-$100/m more. If you must have some options, try to keep the MSRP under $81k before discounts. You might as well upgrade to a Grand Touring with MSRP or $109,900 which starts at $867/m with $0 down instead of building a Touring with many options. The Grand Touring includes the Comfort and Convenience Package plus upgraded 20” wheels for no added cost. The same options on a Touring would run you +$105/m or $730/m total lease payment bringing you just $137/m away from a Grand Touring at $867/m.
For the calculator, you would input a “down payment” of $5,000 for a Touring to offset the $4,000 Onsite Credit and $1,000 Referral Credit (you’re not actually paying this in cash, but this is how to get the numbers in the calculator correct).
A Touring with MSRP of $84,700 should come out to $776/m with $0 down + tax and fees on an 18m lease with 12k miles per year. That’s an additional $151/m over a Touring with $0 options. The Net Capital Cost should show $67,195 after inputting $5k into the “Down Payment” section to represent the Onsite Credit and Referral Credit.
Try to work with a sales advisor instead of trying to locate one on your own. Not all vehicles in inventory show on the website.
Thanks but still not tracking how $7k of options would add $400 to the monthly lease payment. Is it because the lease calculator on Lucid’s site doesn’t include the $4k onsite credit?
Correct. You have to manually add in the onsite credit plus referral for the appropriate trim. Replace the default downpayment essentially with the onsite and referral dollars.
How does the 24 and 36 month lease compare on these?
Is 18 month leases the way to go on these?
but just confirming that you still have to make an account with EA? or you just walk in and plug in?
You don’t need to make an account. You can just plug-in! The charger will recognize the car and start charging
Either 18 or 36 months is the way to go. The 24 month program cost is higher.
FYI - Lucid has introduced 2025 models. Pure is more efficient with 5mi/kWh so comes with 84kwh battery for 420 miles. Dreamdrive premium and heat pump standard on all trims. Website shows inventory available in 6 weeks. Lease calculator shows a bit higher monthly than 2024. It doesnt have the air credit. But probably higher residual making the lease not way too high.
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Just cancelled my 2024 order. Heat pump, standard dreamdrive premium, and upgraded infotainment are pretty major improvements. Might still jump back on 2024 if they offer monster discounts to clear out inventory.
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Does not seem any more than the 24 GT’s. Although, I don’t think they have the onsite discount yet. Just the faster processor alone would make me want the 25 GT’s as hopefully would solve a lot of the tech issues.
Surprised no NACS and thought maybe they would add the Gravity steering wheel and update console. NACS would have been huge.
I’m betting that they’ll have 2024’s stuck in inventory and we’ll see deals like earlier this year on 2023’s.
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On site credit for MY25 is 3k while MY24 at 4k
I also don’t see the $7500 Air credit for the 2025’s in the lease calculator.
2025 Lucid Air Lease Deals
updated 07/16/2024
Expect to pay about $280 more a month on the 2025 models than the 2024 models.
The below estimates assume an 18 month lease, 12k miles, $3,000 Onsite Credit, $750-$1,250 Referral Credit, $0 down, plus taxes and fees.
$802/m for the 2025 Pure with MSRP of $69,900 vs $544/m on the 2024 Pure.
$905/m for the 2025 Touring with MSRP of $78,900 vs $625/m on the 2024 Touring.
$1,129/m for the 2025 Grand Touring with MSRP of $110,900 vs $867/m on the 2024 Grand Touring.
Feel free to reach out to my sales advisor:
Alexis Membreno at Lucid 561-421-3768
Alexismembreno@lucidmotors.com
He works for corporate and can find you a Lucid anywhere in the country. The best deals will be on the 2024 models.
Tell him Noah referred you.
DM me if you would like me to setup a warm introduction to my sales advisor.
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I don’t see a big difference in leases between a 24/25 loaded GT. Definitely not enough to consider a loaded 24, unless I am calculating something wrong.
I guess the $1k onsite makes a difference of about $55. But, getting hard to find loaded Stealth 24 GT’s.
Agree?
2025 leases uninteresting and far less competitive right now.
2025 vs 2024 Lucid Lease pricing for a fully loaded Grand Touring
It looks like there is not as much of a spread in lease pricing on fully loaded vehicles.
2024 Grand Touring with an MSRP of $135,350 would come out to $1,353/m with $0 down + taxes and fees on 18m, 12k miles lease.
2025 Grand Touring with an MSRP of $129,200 and the same options would be $1,412/m. It looks like some options are no charge on the 2025 model, thereby bringing the MSRP of a fully loaded GT down by about $6k and keeping lease pricing pretty close to a 2024 model.
My guess is as they start sitting on more 2024 GTs, they’ll increase the Air Credit from $10k to maybe $15k as they did the 2023 GTs that were leaseable until June 2024. A 2023 GT with an MSRP of $136,000 leased at $867/m in June 2024.
*Options: *
DreamDrive Pro, Surreal Sound Pro, 20-Way Power Heated Front Seats with Ventilation and Massage, Comfort and Convenience Package, Santa Cruz Leather, 21" Aero Blade Wheels, Glass Canopy Roof, Exterior Color upgrade.