Lucid isn’t hackable in the traditional sense, since they don’t negotiate on pricing (Tesla sales model). However, they have the following incentives available to clear out ‘23 inventory:
$2,000 conquest
$1500-2500 March referral bonus (doubled, from $750 Air Pure, $1000 Air Touring, $1250 GT)
$3,000 On-site delivery (take delivery on site)
I haven’t seen anyone talk about the on site discount, attached is an email from my sales rep.
Total incentives are $7500 on the remainder ‘23 Grand Touring units. An 18 month lease at 0% sales tax is around $1400/month. The rebates equal $416/month over 18 months, so that’s effective around $1000/month to lease the GT.
These are given back as rebates after delivery, I checked with my sales advisor. They’ve also said they can fly me to a delivery location and pay for flight/hotel. That means I’ve got to pay local sales tax from whichever location I’m at, rather than NJ’s 0% EV sales tax.
On an 18 month lease at tier 1 credit and 6% NY sales tax, that’s effectively $1k/month.
Alternatively, I have a $139k MSRP EQS580 SUV demo (8500 miles) available for 24 months/7.5k, $920 all included.
Which one would you guys choose? I’m personally leaning towards the EQS580 simply because SUV ride quality feels nicer, but the Lucid GT is one cool toy. And the incentives on short leases mean that it’s significantly cheaper than it would normally be, though I am a bit concerned about Lucid quality vs Mercedes.
That’s not a thing. Sales tax is based on where you register a vehicle. Although YMMV on getting an out of state dealer who is not familiar to correctly apply the NJ exemption.
That’s what I thought, but Lucid sales advisor (not studio guy, the sales guy after deposit) told me that if I take delivery in Boston to get the on-site credit, then I need to get insurance to drive it back to NJ, and it gets funky + need to pay MA tax.
Massachusetts doesn’t issue any form of temp tag so legally they cannot let you drive off the lot until you receive your NJ plates. That takes 3+ weeks.
Yep, rented it out for a week actually. But SUV seating position is so much more comfortable than sedan for me, I feel like in the lucid my left leg is always uncomfortable.
I’ve only ever driven SUVs so that’s probably a factor. Love the car though.
Full disclosure: I hated everything about the EQS, so that’s my bias.
To me, the Lucid is appealingly unique, especially in the more powerful trims. I haven’t driven one, but it’s on the short list of cars to consider when the date to return e-tron GT approaches.
But there isn’t a price low enough to get me into an EQS. Price isn’t everything.
They’re kind of two different things tbh. EQS is about ride quality and interior, great passenger car/safe steady hands type of thing. Lucid is about performance and sexiness, but an SUV is simply more comfortable than a sedan. Very excited for Gravity.
That EQS deal seems high, especially for a loaner. I’m working a couple deals in the Midwest, one a new EQS 580 (127k msrp) at $689 with 3k DAS (tax,title, fees, first month), and another a 5k loaner (MSRP 139k) targeting sub $600 with $3k DAS, both 24/7.5k. The new unit is about 17% off MSRP, and the loaner targeting over 20% off MSRP, both before incentives (EV + AMEX).
Oh sedan against sedan, definitely Lucid. But no gravity yet, and I don’t really want to be in the first adopter wave, would prefer for glitches to be fleshed out first!
It is a bit high, I took a broker deal at the beginning of March. Now we’re nearing quarter end so dealers getting a lot more desperate. In my final test drive yesterday, one EQS580 GM offered me similar terms to my broker on the spot without me even naming my price, they’re desperate to get rid of these ‘23 models.
This car has more options I like, however.
I decided with the EQS because of the SUV form factor.
