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Lucid Gravity Q1 2026 lease incentives

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dna_at

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Lucid Air Touring
Hi all,

Long time lurker, first time poster, current Lucid Air leaser here. Was hoping to start a discussion and keep track of the Lucid Gravity Q1 incentives. From discussions with SA's, it seems some of the EOY incentives that were previously available, namely the 1-2 free upgrades, are no longer available and likely won't ever occur again. This is a bummer for us because we are very interested in leasing a Lucid Gravity but are hoping to get the best deal possible.

Here are the current relevant lease incentives/metrics (which end tonight):
- Money factor: 0.112
- Gravity Advantage credit: $7,500
- Loyalty: $3,000
- On-site bonus: $2,000
- Studio select: $2,000 (select models)
- Test drive: $1,000

Unfortunately for us, even with all these incentives, our preferred spec is still above our desired monthly payment. Will check back in tomorrow with the newly announced incentives and potentially new MF, but realistically won't pull the trigger until end of Q1 when presumably the best incentives are announced.

What are other folks looking to lease a Gravity in Q1 planning on doing?
 
@dna_at I am in same boat as yours. I have missed the EOY deal because I was out of the states. Patiently waiting to see my config with decent monthly lease
 
Still waiting it seems - it appears they’re targeting converts with this new set of incentives by adding Conquest and Trade-in incentives:

Money factor: .0012 (unchanged, typo in the OP)
Gravity advantage credit: $7,500
Loyalty: $3,000,
Level up/Studio Select: $3,000 (all cars this weekend, select models thereafter)
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus: $2,000
Demo drive: $1,000

Unfortunately still not quite where we want to be numbers wise. Hoping incentives continue to improve towards end of quarter.
 
I asked if trade in Lucid Air will qualify but I haven’t gotten a concrete answer on this.
 
dna_at said:
Still waiting it seems - it appears they’re targeting converts with this new set of incentives by adding Conquest and Trade-in incentives:

Money factor: .0012 (unchanged, typo in the OP)
Gravity advantage credit: $7,500
Loyalty: $3,000,
Level up/Studio Select: $3,000 (all cars this weekend, select models thereafter)
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus: $2,000
Demo drive: $1,000

Unfortunately still not quite where we want to be numbers wise. Hoping incentives continue to improve towards end of quarter.
Click to expand...
So the Level Up credit can be stacked with the Conquest and Demo credits? This was not clear from the website and the Level Up does not appear in the calculator.

The EOY credits definitely were good but we were not ready to buy and won't be for another couple of months.
 
PelotonGB said:
So the Level Up credit can be stacked with the Conquest and Demo credits? This was not clear from the website and the Level Up does not appear in the calculator.

The EOY credits definitely were good but we were not ready to buy and won't be for another couple of months.
Click to expand...
That was my understanding, yes. Agree that the Level Up credit was not at all clear from the website… when I looked, the advertisement essentially just said “ready to level up?” without mentioning that there was a $3k credit, until I looked at the corresponding superscript footnote in tiny text at the bottom of the webpage where it was mentioned.
 

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Sid432 said:
I asked if trade in Lucid Air will qualify but I haven’t gotten a concrete answer on this.
Click to expand...
Any update? Also, do you mean if trading in a Lucid Air would qualify for the $2,000 trade in allowance?

I called a few days ago inquiring about terminating a Lucid Air lease early for a Gravity lease (mostly out of curiosity) and it seemed like you’d have to be within 3 months of lease end for any kind of offer.
 
So , you cannot stack trade in and conquest. It’s either one of them.
 
dna_at said:
That was my understanding, yes. Agree that the Level Up credit was not at all clear from the website… when I looked, the advertisement essentially just said “ready to level up?” without mentioning that there was a $3k credit, until I looked at the corresponding superscript footnote in tiny text at the bottom of the webpage where it was mentioned.
Click to expand...
I spoke to someone from Lucid Millbrae (SF Bay Area) today. He said that the level up credit is not extra. It just is shorthand for the conquest + test drive. I don't have anything further on this, but it was a disappointing answer.
 
PelotonGB said:
I spoke to someone from Lucid Millbrae (SF Bay Area) today. He said that the level up credit is not extra. It just is shorthand for the conquest + test drive. I don't have anything further on this, but it was a disappointing answer.
Click to expand...
I see.. that is different than the information I was told by someone at the Lucid Studio as well as an SA last weekend. They had said Level Up was a version of Studio Select and was $3k and was applicable to all cars for that weekend. It seemed to line up with the footnote on their website. So I am not sure why we got the discrepancy in our answers. Sorry for any confusion and yes, that is disappointing. Hoping for better incentives come March.

Sid432 said:
So , you cannot stack trade in and conquest. It’s either one of them.
Click to expand...
Now that just doesn't make sense! What even is the point of the trade-in bonus then? Both of these are only applicable to premium cars iirc. If you own a premium car, you already qualify for conquest. If you trade-in a premium car, I would think you still qualify for Conquest... so I am not sure what benefit the trade-in bonus provides.
 
Chiming in with the updated March incentives... current Tesla/Rivian/Polestar owners and prospective financers rejoice, whereas the rest of us didn't gain much from the last set of incentives. Of note, the money factor apparently was different between one Touring and one Grand Touring - I assume it is different by Trim but I am not 100% sure. It is different this month from last month as well. Changes highlighted in bold.

Money factor
- Gravity Touring: .00096
- Gravity Grand Touring: .00136
Gravity advantage credit: $7,500
Loyalty: $3,000
Studio Select: $3,000
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus (luxury): $2,000
Trade-in bonus (Tesla, Rivian, Polestar): $5,000
Demo drive: $1,000
Loan APR (Credit score 800+): 0% on 60 months

Unfortunately still not quite where we were hoping to be, and I am not sure there will be any other changes for the remainder of the quarter since these incentives have an end date of 3/31, rather than in 2 weeks. What are folks' plans - take the plunge now, wait for closer to end of quarter, or wait till Q2?
 
dna_at said:
Chiming in with the updated March incentives... current Tesla/Rivian/Polestar owners and prospective financers rejoice, whereas the rest of us didn't gain much from the last set of incentives. Of note, the money factor apparently was different between one Touring and one Grand Touring - I assume it is different by Trim but I am not 100% sure. It is different this month from last month as well. Changes highlighted in bold.

Money factor
- Gravity Touring: .00096
- Gravity Grand Touring: .00136
Gravity advantage credit: $7,500
Loyalty: $3,000
Studio Select: $3,000
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus (luxury): $2,000
Trade-in bonus (Tesla, Rivian, Polestar): $5,000
Demo drive: $1,000
Loan APR (Credit score 800+): 0% on 60 months

Unfortunately still not quite where we were hoping to be, and I am not sure there will be any other changes for the remainder of the quarter since these incentives have an end date of 3/31, rather than in 2 weeks. What are folks' plans - take the plunge now, wait for closer to end of quarter, or wait till Q2?
Click to expand...
What do you want from them? To give you the car for free? lol
 
dna_at said:
Chiming in with the updated March incentives... current Tesla/Rivian/Polestar owners and prospective financers rejoice, whereas the rest of us didn't gain much from the last set of incentives. Of note, the money factor apparently was different between one Touring and one Grand Touring - I assume it is different by Trim but I am not 100% sure. It is different this month from last month as well. Changes highlighted in bold.

Money factor
- Gravity Touring: .00096
- Gravity Grand Touring: .00136
Gravity advantage credit: $7,500
Loyalty: $3,000
Studio Select: $3,000
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus (luxury): $2,000
Trade-in bonus (Tesla, Rivian, Polestar): $5,000
Demo drive: $1,000
Loan APR (Credit score 800+): 0% on 60 months

Unfortunately still not quite where we were hoping to be, and I am not sure there will be any other changes for the remainder of the quarter since these incentives have an end date of 3/31, rather than in 2 weeks. What are folks' plans - take the plunge now, wait for closer to end of quarter, or wait till Q2?
Click to expand...
A 0% APR loan is fantastic. Looks like a significant set of incentives too.
 
HC_79 said:
What do you want from them? To give you the car for free? lol
Click to expand...
I know few people on reddit was saying that they were waiting on two expensive options (Leather seats and DDP) as an incentive.. Not sure, if they will come again..:)
 
dna_at said:
Chiming in with the updated March incentives... current Tesla/Rivian/Polestar owners and prospective financers rejoice, whereas the rest of us didn't gain much from the last set of incentives. Of note, the money factor apparently was different between one Touring and one Grand Touring - I assume it is different by Trim but I am not 100% sure. It is different this month from last month as well. Changes highlighted in bold.

Money factor
- Gravity Touring: .00096
- Gravity Grand Touring: .00136
Gravity advantage credit: $7,500
Loyalty: $3,000
Studio Select: $3,000
Conquest: $2,000 (can’t stack with loyalty)
Trade-in bonus (luxury): $2,000
Trade-in bonus (Tesla, Rivian, Polestar): $5,000
Demo drive: $1,000
Loan APR (Credit score 800+): 0% on 60 months

Unfortunately still not quite where we were hoping to be, and I am not sure there will be any other changes for the remainder of the quarter since these incentives have an end date of 3/31, rather than in 2 weeks. What are folks' plans - take the plunge now, wait for closer to end of quarter, or wait till Q2?
Click to expand...
I am on fence as well but waiting for Investor day and will make the move.
Did they tell the Residual Value?
 
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