a bit more background
I've been closely following EV for a long time now. Just waiting for more 300+mi range EVs and prices to go down to ~$35k but now I realized the opposite will be happening due to supply chain issues and massive increases in prices of raw materials like lithium. Even if I factor out issues due to covid, I think new demand will easily outpace new supply sources for lithium hence the continued price increases. If I keep waiting too long the federal tax credit will disappear too. Oh not to mention the current crazy high inflation rate! Model Y went from 52k usd to 62k in just two years! Honestly if it weren't for these three factors I wouldn't be considering EV now.
So why the Lucid? I considered getting a Model Y about two years ago but I thought I'd rather keep investing the money and donate instead of getting a new car. I don't drive much anyways considering my 9yr old car is only about to hit 50k miles. Plus it also felt a bit excessive and luxurious (funny to say now that I've reserved an Air). I usually have a bit of this guilt that since I am well off compared to a majority of people in the world that I shouldn't spend and live so lavishly. But recently I've come to realize that I'm not getting any younger and why deprive myself especially if I work for it and most importantly I'm doing honest work so no need to feel guilty.
Last month I reconsidered Model Y again but with just a bit more budget stretching plus the tax credit I think the Pure has much better overall value. I did check my ex-housemate's Model Y and the interior quality feels very lacking and questionable. I also considered that if I'm really tight for budget perhaps the Model 3 could work, but then for just a bit more the Model Y makes more sense. In the end, no matter what angle I look at it, I would still prefer the Pure. After $7500 credits and AWD config the Pure is ~$20k more expensive than an equivalent Model 3 and ~$12k vs a Model Y. I'm willing to work harder to cover the price difference.
If all goes well, I will be transitioning from my 9yr old 2013 Mazda3. Lucid will be a MASSIVE change.