Lucid Air GT falling under $40k

[JeffZebry]

Seems like 2022 Grand Tourings with low miles are starting to fall under $40k, saw this one listed today with a clean carfax under 30k miles for $39k, things are getting interesting!

 

[DeaneG]

That's a great value, if you are prepared for possible expenses out of warranty.

 

[JeffZebry]

That's a great value, if you are prepared for possible expenses out of warranty.

Yup isn't for me, but for someone trying to find a deal I don't think it gets much better

 

[martinjlm]

That's a great value, if you are prepared for possible expenses out of warranty.

Yup isn't for me, but for someone trying to find a deal I don't think it gets much better

Both of these things are true. This one may be more tempting due to the lower miles, but the specter of out of warranty repairs is non-trivial.

 

[Rogue]

I would be asking what needs to be repaired. No one in their right mind would sell a GT for that little.

 

[JeffZebry]

I would be asking what needs to be repaired. No one in their right mind would sell a GT for that little.

Could be a bait and switch you never know but it's being sold by the Echopark group so I hope they'd have some trust. In any case unless they raise the price by $6,000 in fees and other stuff once you get there it seems good

 

[Coho]

I would be asking what needs to be repaired. No one in their right mind would sell a GT for that little.

That is close to the price offered by Carvana these days

 

[Leftlane]

Just buy an XCare policy on it.

 

[socktucker]

I would be asking what needs to be repaired. No one in their right mind would sell a GT for that little.

Dealer is probably just stuck with it. Lucid has a small repair network and it’s almost out of warranty. Any major repair could easily be $10k. Any car like that is worth whatever someone will pay for it. Maserati, Jaguar, Fiat, etc. Lucids are boutique, high performance luxury EVs and will depreciate as such!

Chuckles in BMW i7

 

[Macgreiner]

The 4 cars listed there now all seem unusually cheap. 2024 AT with 24kMiles also under $40k. link here

 

[Ktw13]

Even though Lucid Air is a very well-built car, it's a 4, almost 5 years old car.

 

[donfenn]

Note that battery and drivetrain have much longer coverage of 8 years 100k miles, but it would make sense for a third party to fill the void with extended warranty options for the other issues.

 

[skomarla]

Just buy an XCare policy on it.

What’s been the experience with that?

I have 44k miles on mine and a quote online was like almost 5-6k usd. I guess worth if I know I’m getting it for 4-5 years more.

 

[Rogue]

What’s been the experience with that?

I have 44k miles on mine and a quote online was like almost 5-6k usd. I guess worth if I know I’m getting it for 4-5 years more.

All the quotes I received were ridiculous. Figured I'm just going to roll the dice and put the money into a market account instead.

 

[socktucker]

What’s been the experience with that?

I have 44k miles on mine and a quote online was like almost 5-6k usd. I guess worth if I know I’m getting it for 4-5 years more.

That’s about right yeah.

 

[Miami_Lucid_Man]

Too risky out of warranty for me even at that price.