I currently have a 2025 Lucid Air ($10,500 miles) and am wanting to get out of my lease. Not sure if it is possible for someone to take over the lease ($704 per month) or is willing to pay off the balance ($49K). Is it possible for someone to take over payments on the lease? June of 2028 is when the lease is up
Lease buy out
- Thread starter Raymond L
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Lucid leases aren't assignable / transferable like BMW or other brands. Any specific reason that you are trying to get out?
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OOS Spec Dave (youtube EV Channel) did mention he knew how to do it and negotiated an out with their Porsche Macan to transfer it. You can pay a hefty fee to get out early I believe but it should be all in the paperwork....
guessing your best bet is to get a payoff figure and see what you can sell it for and whether or not it is worth taking the hit
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i wanted to do this with my ev9 lease but Hyundai is very strict on it. Lucid (read: BofA) might be very strict as well. It will usually say it explicitly in the lease agreement whether you can have someone take over the loan.