Gravity Delivery Discussion

[Kevmark58]

I finally took delivery today of my Black GGT with the missed wheels, DDP, comfort, surreal pro and tow. Great car so far. Only has a few issues at delivery (paint swirls and panel on the seat). I was disappointed I wasn’t allowed to drive the car before accepting delivery. That’s a bit nerve racking. But the one bug I have is the GPS. It’s as if the car generally knows where it is, but not precisely enough to navigate. So it’s constant rerouting. I did a few resets to no avail. I’m even impressed the walk up and away locks work with the key fob. Anyone have this GPS problem before?

Congratulations. It's a beauty. I can't wait to get my black GGT too.

 

[Ron_Burgundy]

Ron, what is your lease terms/pmt?

36 months / 15,000 miles and a bit under $1,600/month. It’s complicated, but I put about $15,000 down for various personal reasons. Normally, I’d put no money down as it doesn’t make financial sense.

The residual is something like $67,000. Which actually feels about right - maybe a bit low BUT it depends on what the Touring offers. If the Touring has dual motors and many of the same options - like dynamic handling - I think GGT resale/residual will go down significantly.

 

[iorchii]

I had the exact same configuration except I had the rear steering and power package minus HUD. A month ago, I talked to my SA on the phone and changed it from Grey to Black (I have a grey Model X). She called me last week and told me I have a pre-VIN. My dashboard changed to show her as my SA but the car is still in the "ordered" position. She told me that she expected it to enter production in the next month or so with delivery by or in November, which works well for us. She said, changing to black moved me up because that is what they're ramping up with. I ordered the beginning of February 25.

Same here coming from a Grey X, I preferred the Quantum from Gravity; however with the possibility on taking delivery late Q4 I ordered the Black instead & saved $1k for the color

 

[bryway]

I finally took delivery today of my Black GGT with the missed wheels, DDP, comfort, surreal pro and tow. Great car so far. Only has a few issues at delivery (paint swirls and panel on the seat). I was disappointed I wasn’t allowed to drive the car before accepting delivery. That’s a bit nerve racking. But the one bug I have is the GPS. It’s as if the car generally knows where it is, but not precisely enough to navigate. So it’s constant rerouting. I did a few resets to no avail. I’m even impressed the walk up and away locks work with the key fob. Anyone have this GPS problem before?

Congratulations! Looks awesome Don’t let the bugs get to you. We’re all experiencing a few hiccups here and there with these early deliveries and consensus is confidence Lucid will chip away at them through OTA updates.

Like you, I’d never been able to test drive a Gravity, but was absolutely amazed at the ride quality and handling when I ultimately drove off the lot. The Gravity suspension is a masterpiece.

 

[Ron_Burgundy]

@EV_wings Is that the KOP service center where you took delivery? Looks familiar. Congrats!

 

[borski]

and in the Atlantic Ocean off the west coast of Africa

Here? If so, your car is at latitude 0, longitude 0 - aka your GPS is broken.

 

[hmp10]

Yep, that would be us. Although we've been at Lucid HQ in Newark most of the past two weeks except for a couple of quick runs down to Casa Grande. Come to think of it, I never really seem to know where I am.

 

[Bus Driver]

36 months / 15,000 miles and a bit under $1,600/month. It’s complicated, but I put about $15,000 down for various personal reasons. Normally, I’d put no money down as it doesn’t make financial sense.

The residual is something like $67,000. Which actually feels about right - maybe a bit low BUT it depends on what the Touring offers. If the Touring has dual motors and many of the same options - like dynamic handling - I think GGT resale/residual will go down significantly.

A couple of questions for you - 1: Is there a way to find out in advance what your money factor and residual value will be, before you sign the paperwork for the lease? I was pottering around on Lucid’s ordering and finance page, and I couldn’t find any of that information. 2: Would it make more, or any, financial sense to put a down payment if you intend to buy the car at the end of the lease anyway?

I realise leasing to purchase an auto is not the cheapest or most sensible way to purchase a car, but I’m now considering leasing so as to take advantage of the tax credit.

Thanks in advance.

 

[Jackles]

A couple of questions for you - 1: Is there a way to find out in advance what your money factor and residual value will be, before you sign the paperwork for the lease? I was pottering around on Lucid’s ordering and finance page, and I couldn’t find any of that information. 2: Would it make more, or any, financial sense to put a down payment if you intend to buy the car at the end of the lease anyway?

I realise leasing to purchase an auto is not the cheapest or most sensible way to purchase a car, but I’m now considering leasing so as to take advantage of the tax credit.

Thanks in advance.

Your SA will be able to pull those. My SA gave me numbers a month ago when I asked. Haven’t asked for new numbers cause I’m waiting for production and delivery.

 

[EV_wings]

@EV_wings Is that the KOP service center where you took delivery? Looks familiar. Congrats!

Yep it was!

 

[Ron_Burgundy]

A couple of questions for you - 1: Is there a way to find out in advance what your money factor and residual value will be, before you sign the paperwork for the lease? I was pottering around on Lucid’s ordering and finance page, and I couldn’t find any of that information. 2: Would it make more, or any, financial sense to put a down payment if you intend to buy the car at the end of the lease anyway?

I realise leasing to purchase an auto is not the cheapest or most sensible way to purchase a car, but I’m now considering leasing so as to take advantage of the tax credit.

Thanks in advance.

Yes, you SA can provide the info and/or you can call lucid finance folks.

As for money down, that’s pure math. I personally think “no” and take that money and invest it now and it will grow to help buy at end of lease, if you want. If you’re super sensitive to monthly payments, then I can see paying up front. Otherwise, it doesn’t make sense (to me).

 

[HC_79]

A couple of questions for you - 1: Is there a way to find out in advance what your money factor and residual value will be, before you sign the paperwork for the lease? I was pottering around on Lucid’s ordering and finance page, and I couldn’t find any of that information. 2: Would it make more, or any, financial sense to put a down payment if you intend to buy the car at the end of the lease anyway?

I realise leasing to purchase an auto is not the cheapest or most sensible way to purchase a car, but I’m now considering leasing so as to take advantage of the tax credit.

Thanks in advance.

The biggest red flag to putting a hefty down payment up front is if something happens to the car and it’s written off you don’t get that money back. The lease is just paid out and your down payment helped reduce the insurance payout.

I did $10K on mine to have a more palatable monthly payment but anything above $10K to $15K I’d be extremely cautious.

 

[Bus Driver]

Yes, you SA can provide the info and/or you can call lucid finance folks.

As for money down, that’s pure math. I personally think “no” and take that money and invest it now and it will grow to help buy at end of lease, if you want. If you’re super sensitive to monthly payments, then I can see paying up front. Otherwise, it doesn’t make sense (to me).

Thanks for your info!

“Pure math”. Have to admit, I was NEVER that curve-busting, crazy smart Asian math whiz kid in school. I was the one Asian that sucked at maths. Still do.

 

[Bus Driver]

The biggest red flag to putting a hefty down payment up front is if something happens to the car and it’s written off you don’t get that money back. The lease is just paid out and your down payment helped reduce the insurance payout.

I did $10K on mine to have a more palatable monthly payment but anything above $10K to $15K I’d be extremely cautious.

That’s the range I had in mind too. 10K to 15K. Thanks!

 

[Bus Driver]

Yes, you SA can provide the info and/or you can call lucid finance folks.

As for money down, that’s pure math. I personally think “no” and take that money and invest it now and it will grow to help buy at end of lease, if you want. If you’re super sensitive to monthly payments, then I can see paying up front. Otherwise, it doesn’t make sense (to me).

Speaking of which, I haven’t been assigned an SA yet. When I ordered my Air a few years ago I was assigned one almost right away.

Would my Gravity SA now be the one who took me on my test drive?

 

[Nunya]

Speaking of which, I haven’t been assigned an SA yet. When I ordered my Air a few years ago I was assigned one almost right away.

Would my Gravity SA now be the one who took me on my test drive?

If you email [email protected] they should be able to tell you.

 

[GoDestruction]

Congratulations! Looks awesome Don’t let the bugs get to you. We’re all experiencing a few hiccups here and there with these early deliveries and consensus is confidence Lucid will chip away at them through OTA updates.

Like you, I’d never been able to test drive a Gravity, but was absolutely amazed at the ride quality and handling when I ultimately drove off the lot. The Gravity suspension is a masterpiece.

When you do experience any bugs, put on the Sanctuary Mode and go to your happy place!!

(unless the bug is in the Sanctuary mode) !

 

[Ironhorse]

I can see some folks getting their deliveries but For whatever reason, my build is still at factory gate stage. Close to 3 weeks and counting. I am not sure why and my SA doesn’t seem to know either.

Curious if other folks are in a similar (delivery on hold) boat ?