Financing Rates - 2023

[travelermark]

Hi!

I’m scheduled to take delivery of my new Lucid Air Touring with Stealth in May/June. Getting excited. I’ve started the hunt for the best interest rates on an auto loan and was curious what success others have had in the hunt for ‘low’ rates. I noticed some other posts but most seem to be from 2022 and I know market conditions have changed. The best I’ve found so far was Navy Federal Credit Union 36 months - 4.54%, 48-60 months 4.74%. Anyone come across anything better out there? Thanks!

 

[changinator]

what state you from?

 

[travelermark]

what state you from?

Washington but also have ties to Texas.

 

[Wait4Perfection]

San Mateo Credit Union has
36 months: 4.24%

 

[travelermark]

Sound Community Bank in Seattle gave me 4.25%.

 

[BobFM]

For those looking, you may want to check out what Lucid just announced today. As low as 0.99% for loans.

Lucid Motors

Lucid is the future of sustainable mobility, designing electric cars that further reimagines the driving experience.

lucidmotors.com

 

[BobFM]

For those looking, you may want to check out what Lucid just announced today. As low as 0.99% for loans.

Lucid Motors

Lucid is the future of sustainable mobility, designing electric cars that further reimagines the driving experience.

lucidmotors.com

Now through June 30, special lease and financing offers on available 2023 Lucid Air Touring and Grand Touring models are being provided through Lucid Financial Services.¹

 

[Neurio]

That's a damn good rate! Really trying to drum up business in this tough economy. Smart.

 

[travelermark]

My DA said I’m not eligible but Lucid Financial Services approved the loan today. Let’s see if it all processed through at that rate.

 

[Impatient7536]

i wonder if those with legacy pricing can take advantage of these rates

 

[DBV]

Curious on the legacy pricing too. My guess it does, since the previous promotion did. Curious if the lease calculator was updated with the special rates or what changed in the lease?

 

[Drendino]

Now through June 30, special lease and financing offers on available 2023 Lucid Air Touring and Grand Touring models are being provided through Lucid Financial Services.¹

This is one of the smartest things Lucid has done. Much more effective than a price reduction for anyone financing the car. I wonder how much this was influenced by the new board members?

 

[joec]

This is one of the smartest things Lucid has done. Much more effective than a price reduction for anyone financing the car. I wonder how much this was influenced by the new board members?

Agreed. Makes people feel like they are getting a good deal, rather than making them feel like they are buying a cheaper car. This is the sort of smart price manipulation I was hoping for, as opposed to getting into a race to the bottom with Tesla.

 

[travelermark]

My suggestion is just apply for it through the site. I’m hoping since Bank of America approved my rate it will push through even though the DA says I’m not eligible. We will see.

 

[mallig]

When you look at the footnotes this caught my eye "Offer valid on select Touring and Grand Touring Lucid Airs that are currently available." This may mean that rates apply ONLY to inventory and not production builds.

 

[travelermark]

When you look at the footnotes this caught my eye "Offer valid on select Touring and Grand Touring Lucid Airs that are currently available." This may mean that rates apply ONLY to inventory and not production builds.

I think that’s true. I’m pushing through still since the bank approved the rate already and I did it with my vehicle attached to the details with its VIN. Fingers crossed.

 

[nfsdragster]

If you recently bought the car. Can we refinance with boa ?

 

[BobFM]

In the fine print.

“Rates not available to refinance any existing loans.”

Still a great deal for those shopping now.

 

[blueice89]

I am very close to being convinced to buy a Lucid either used or new but I must say these rates look very interesting. Given economic and other uncertainty even the Lease rates look nice. It’s making me think a lot ….

 

[hydbob]

I am very close to being convinced to buy a Lucid either used or new but I must say these rates look very interesting. Given economic and other uncertainty even the Lease rates look nice. It’s making me think a lot ….

Don't hurt yourself and just ask for a refund