Lease Gravity

Leasing will be available day 1 but nothing has been shared about the actual lease costs.
 
Will Lucid offer lease deals for the Gravity? Hope so
Leases? I would imagine. Deals? Probably not immediately (unless demand is really bad). It’s pretty typical to NOT offer discounts / deals when highly desirable new models come out…
 
Lease details were just sent out for the Dream Edition promotion:

36-month leases from $1,999:

For U.S. market only. Assumes a vehicle price of $141,550 including destination fee for Lucid Gravity Dream Edition. Total capitalized cost of lease is only available if delivery is taken within 7 days of vehicle being available for delivery. Must apply for financing by 11:59 PM ET on April 30, 2025. Security deposit waived. $10,609 as well as tax, title, license, registration, and fees due at signing. Lease offer includes $7,500 capital cost reduction. Offer excludes tax, title, license and other fees. Low mileage lease: 10,000 miles/year. Lessee is responsible for excess wear and mileage over 10,000 miles per year at $0.25/mile. Lucid Financial Services reserves the right to make changes to this offer at any time, including to the capital cost reduction and available pricing. Only available to U.S. customers leasing through Lucid Financial Services. Other conditions and restrictions apply. This is not a commitment to lease. Offer available to well-qualified lessees only.
 
And how many people would really be eligible?
depends on credit worthiness and DTI, I think a lot of people would be “eligible”, but most would probably do it to hedge their bets on resale value. IMHO.

Some people are willing to pay more to get a new car every three years, consistently.
 
I meant take the offer by April 30, 2025 and take delivery by May 7, 2025. Now rereading it it's take delivery 7 days after the vehicle is available, so apply in the next 2 weeks and take delivery when the vehicle is produced.
 
I meant take the offer by April 30, 2025 and take delivery by May 7, 2025. Now rereading it it's take delivery 7 days after the vehicle is available, so apply in the next 2 weeks and take delivery when the vehicle is produced.
You can only take the offer if you're offered it and you'll only be offered it once your order is finalized and car enters production. At least in this forum, still no word of people being contacted by Lucid to confirm order and get ready for delivery.
 
The offer as posted expires April 30. So if you can't start processing until vehicle order is finalized, then I'll go back to my original statement - very few (if any) people will take this leasing offer.
 
where did you find this lease info? I am a GDE (and GGT) order holder, and I can't see this in my user profile on the site, nor have I received any emails.
 
where did you find this lease info? I am a GDE (and GGT) order holder, and I can't see this in my user profile on the site, nor have I received any emails.
The DE I think was an email.

For GT lease info, you can just configure and then start the order. You'll find a payment calculator at the bottom of the breakdown table.
 
where did you find this lease info? I am a GDE (and GGT) order holder, and I can't see this in my user profile on the site, nor have I received any emails.
If you log into your Lucid account it will give you the option to configure a GDE or GGT. When you get to the final spec you'll be able to mess around with the payment calculator then. One thing is for certain though, no one is getting special financing rates or great lease deals like the Air. It's basically in line with what you'd expect for e new model, normal interest and lease rates.
 
If you log into your Lucid account it will give you the option to configure a GDE or GGT. When you get to the final spec you'll be able to mess around with the payment calculator then. One thing is for certain though, no one is getting special financing rates or great lease deals like the Air. It's basically in line with what you'd expect for e new model, normal interest and lease rates.
Screenshot 2025-04-16 at 11.59.47 AM.webp

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Screenshot 2025-04-16 at 12.01.02 PM.webp

Some rough estimates for the Dream Edition
 
I'm no lease whiz but eyeballing those numbers doesn't put a lot of faith in the GDE having any sort of decent residual value at the end of the lease...especially the 48mo lease where it looks like you'll be paying over $110k over 4 years (the due at signing cost plus the monthly payments). The 36mo lease looks a little better but not much! Please correct me if I am not looking at this correctly.
 
I'm no lease whiz but eyeballing those numbers doesn't put a lot of faith in the GDE having any sort of decent residual value at the end of the lease...especially the 48mo lease where it looks like you'll be paying over $110k over 4 years (the due at signing cost plus the monthly payments). The 36mo lease looks a little better but not much! Please correct me if I am not looking at this correctly.
I think the lease rates are basically market rates. I tried working out rough APR (or money factors) and residual values for GGT. Generally got close to the calculators monthly payment at ~7.1% APR and 60% residual. (We need to know one of those two to calculate the other precisely).
 
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