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  • TFCooper
    TFCooper reacted to TahoeMichael's post in the thread LUCID Gravity Lease vs Finance with Like Like.
    I do understand that manufacturers have long aggressively subsidized their financing, both for auto loans and for leases. While I've...
  • TFCooper
    TFCooper reacted to kort6776's post in the thread LUCID Gravity Lease vs Finance with Like Like.
    regardless of the cost differences, I only lease my EVs, I've taken too many "baths" with owning a few teslas, the rapid changes in tech...
  • TFCooper
    TFCooper reacted to zer0t0115's post in the thread LUCID Gravity Lease vs Finance with Like Like.
    Back to the leasing discussion. I just configured a Gravity GT with an MSRP of 107,900 and the lease was 1,323 with 13,763 due at...
  • TFCooper
    TFCooper reacted to boydracing's post in the thread An Hour with a new Gravity DE with Like Like.
    Had the pleasure of getting an invite to come check out a new Gravity DE someone took delivery of. My wife and I met up and we went on a...
  • TFCooper
    TFCooper replied to the thread Lease Gravity.
    Got it, thanks! So if my (opportunity) cost of credit is (say) 4% for 3 years, I can back out an implied residual value from the lease...
  • TFCooper
    TFCooper reacted to Elfin's post in the thread Lease Gravity with Like Like.
    There are infinite number of combinations of interest rates and residuals that generate the same monthly payment. But if you have two...
  • TFCooper
    TFCooper replied to the thread Lease Gravity.
    Makes sense. But are there other combinations of interest rates and residuals that generate the same monthly payment? Off the top of...
  • TFCooper
    TFCooper reacted to Elfin's post in the thread Lease Gravity with Like Like.
    If you have monthly payment quotes for two different down payments you can back out both. Here are the formulas: residual =...
  • TFCooper
    TFCooper replied to the thread Lease Gravity.
    If you know the interest rate, you can back out the assumed residual value. If you know the assumed residual value, you can back out...
  • TFCooper
    TFCooper reacted to 037's post in the thread Lease Gravity with Like Like.
    I asked my SA about residual value and he doesn’t know it. Pretty sure it’s something one knows before setting lease price. This isn’t...
  • TFCooper
    TFCooper replied to the thread Lease Gravity.
    I am new to this leasing thing, but doesn't the assumed residual value loom large? Larger than the interest rate over a 3-year term...
  • TFCooper
    TFCooper reacted to jered's post in the thread Gravity at Natick, MA Studio with Like Like.
    I'll add my reviews/first impressions to this thread, since I already started it... I took delivery of DE #84 last Friday (June 30) and...
  • TFCooper
    TFCooper reacted to borski's post in the thread Does Lucid take non-Air trade ins? with Like Like.
    Yes, but it depends on the state. They will evaluate it via KBB’s trade-in valuation.
  • TFCooper
    TFCooper reacted to jered's post in the thread Can a Gravity use any and all Tesla superchargers? with Like Like.
    To add a little color here, part of the NACS standardization was changing the signaling protocol between the EVSE and the vehicle from...
  • TFCooper
    TFCooper reacted to DeaneG's post in the thread NACS Megathread with Like Like.
    This "NACS Megathread" has lost its way.
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