Hi guys! So glad I found this forum!
I’m in Colorado and interested in leasing a Lucid. Attached is the deal.
The $6,764.06 due at delivery includes $2500 down, $2783 registration, $881 taxes, and $1100 first month’s payment.
This is after the credits totaling $21,500. The MSRP is around $127,000 and I think they’re using a 0.0004 money factor.
Is this good deal? Please help me decide! Thank you so much!
1 Like
Thats wayyyyy too much money for a battery with wheels. Please dont take this
Can you please provide a reason? How is $1,100 too much money when the car’s MSRP is $127k?
I don’t think it’s a bad deal, with a great money factor.
Too many folks expecting unicorn deals (EQE, IX, etc), but given the new model status, it’s the price of being first on the block.
Only thing I question is why put money down?
3 Likes
MSRP is irrelevant. You’re at $1287.94 per month effective for an electric car AFTER rebates
I can take the money down out of the equation, and my payment would be $1,175. I’d just have to pay for the registration upfront instead of going to the DMV.
So do you really think this is a good deal? It matches the calculator.
Their money factor is only 0.0004 (0.96% APR).
Even if this wasn’t an electric car, isn’t the money factor great?
trism
December 10, 2024, 7:05pm
10
The MF is only one factor in lease pricing and doesn’t tell you much by itself.
3 Likes
anique
December 10, 2024, 7:06pm
11
It is not a good deal, you can probably get a different car for cheaper than this (Taycan, Etron, EQS, iX, etc). But if you still want it, then go ahead.
Also use a referral link for better pricing. Here is mine:
Working Referral Code for $1,250 discount: SRKQNCN9
3 Likes
anique
December 10, 2024, 7:07pm
12
Also, an 18 months lease should be a much better pricing. You can extend the lease at the end for a few months.
The 18 months lease is over $180 more a month.
Thanks for the code!
Those models you mentioned have mediocre battery range.
So can you please use the calculator to show me what a good deal would be on this car?
It’s easy to say this is a good deal or a bad deal, but where is your rationale?
trism
December 10, 2024, 7:36pm
16
I was just pointing out that a low MF by itself doesn’t make for a good deal.
I think the main problem here is the trim.
Isn’t this about the same cost as two Tourings?
A fully loaded Touring is around $98k. This GT is $127k (fully loaded with everything) except the stealth.
trism
December 10, 2024, 8:26pm
18
I’m talking about the total lease cost of each trim, after all incentives.
After incentives, the difference is still going to be the same.
The 127k GT would be 105.5k and the 98K Touring would be 76.5k. It’s far from being double the price as you can see.
trism
December 10, 2024, 9:17pm
20
Total lease cost = Amount DAS + sum of lease payments
2 Likes
Not in real world driving. My EQS 450 4Matic sedan reliably gets over 400 miles on warmer days even at highway speeds. In cold and snow, it still gets over 300 miles of range so the EPA rating is not necessarily the only number to consider.