Im not trying to compare the idea of financing vs leasing. There are pros and cons to both.
www.lucidmotors.com
My confusion is the pricing. For example, if I lease for 36 months in Washington, their calculator gives me $2,641.31/mo. I did $0 down for arguments sake.
That's $95,076 for a 3 year lease. Is Lucid telling us the residual after 3 years is around $45,000? Even with a high lease factor (interest rate), that's almost 70% depreciation in 3 years vs a $154,000 MSRP, or ~65% vs a $139,000 MSRP.
Huh?

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My confusion is the pricing. For example, if I lease for 36 months in Washington, their calculator gives me $2,641.31/mo. I did $0 down for arguments sake.
That's $95,076 for a 3 year lease. Is Lucid telling us the residual after 3 years is around $45,000? Even with a high lease factor (interest rate), that's almost 70% depreciation in 3 years vs a $154,000 MSRP, or ~65% vs a $139,000 MSRP.
Huh?