Are there any third party leasing companies or banks that provide leases on Lucid Air EV or is the only lease option the manufacturer’s lease?
You can go with a balloon loan from a Credit Union,.
How does a balloon loan differ froma lease? No familiar with these.
Depends but most at the end means you buy / sell the car.
There are a few that act like a lease, but you have to make sure you find one.
Historically the third parties have not leased new auto brands before a captive, even if US Bank was brought in to be the captive (like Tesla originally did). I doubt you will see third party leasing companies take bets until they (Fisker, Lucid, Rivian) have a captive who will.
Lucius bankrolled by KSAs SWF who reportedly has a majority stake. I’m sure they can find a banking partner.
@RVguy have a program yet:rofl:
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Chase will do absolutely anything for money. Tesla didn’t even entertain lease programs until they were trying to blow out the remaining Roadsters in February 2010 (my email says 2/25, happy 12th anniversary).
Someone has to stake the capital and manage the portfolio, which is only a priority (especially as cost of capital is only going up the next 8 quarters) if buyers can’t write a check or get financing.
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