Ordering and Delivery: Lucid Air Touring

[DaBears]

I just confirmed my change from the Pure to Touring yesterday. I hope to have VIN soon per my DA. Was told I should have the car within 2-3 weeks for delivery.

Reservation Date: 11/4/2021 for Pure

Touring
QG
Mojave
20" Aero Lite
Glass Roof
AWD
SSP

Vin received 02/17/2023.

Can't wait!!

 

[NanoGauntlet]

For those of us who live in a state that has a sales tax here is the breakdown Lucid uses to determine the final price. I will be using CT sales tax for this, replace with your respective state. Also I will be using legacy pricing (replace with current pricing if this doesn't apply) for this breakdown and fully loaded model, remove/add options as needed.
1. Lucid will include the destination fee in the MSRP: 95k+9k+4k+2.9k+1650+800 = $113350
2. They will next calculate the sales tax first and then add that plus the documentation fee to the MSRP. Note there is an out of state processing fee which is not included here since not sure if CT counts towards that.
113350×7.75% = $8784.63
Subtotal: 113350+8784.63 = $122134.64
3. Next they add any title/transfer fee. In CT for plate transfer it varies depending on if you have a lien $103 vs no lien $93 (luckily I can go with the no lien)
Final price: 122134.64+93 = $122227.63
4. Here is where your deposit and AIR CREDIT (till March 31) get deducted.
Final out the door price: 122227.63-(7500+1000) = $113727.63
Or 122227.63-1000 = $121227.63

 

[Paco]

Why would you pay sales tax on the $7500 credit. That’s irritating

 

[Babyrocko1908]

Why would you pay sales tax on the $7500 credit. That’s irritating

Makes no sense. It should be MSRP, + doc fee, + destination fee, - $7,500. Then the sales tax should be based on that amount.

 

[hydbob]

Makes no sense. It should be MSRP, + doc fee, + destination fee, - $7,500. Then the sales tax should be based on that amount.

Well, if you all want to be fair, all the people who took the EV credit, ended up paying sales tax on the full amount because that $7500 is off your taxes and not the price of the vehicle. Just some food for thought...

 

[Babyrocko1908]

Well, if you all want to be fair, all the people who took the EV credit, ended up paying sales tax on the full amount because that $7500 is off your taxes and not the price of the vehicle. Just some food for thought...

And that makes little sense to me.

 

[yiling1990]

I know very little about tax law but I believe it's fairly common for sales tax to apply to the pre-discount/coupon prices. I think I first noticed a few years back when buying a laptop that had a discount at Costco, and the sales tax was on the pre-discount price.

 

[Babyrocko1908]

I know very little about tax law but I believe it's fairly common for sales tax to apply to the pre-discount/coupon prices. I think I first noticed a few years back when buying a laptop that had a discount at Costco, and the sales tax was on the pre-discount price.

I'm sure it happens no question but it still makes no sense to me and I'm speaking strictly for myself. If I went to a store and say a item was $49.99 but is on sale for $39.99, why am I paying sales tax which would be 6% here in PA on $49.99 when the item is discounted by $10.00? This is what I can't wrap my head around.

 

[moytoyx]

I'm just happy I got the credit but also NJ doesn't charge sales tax on EVs.

 

[hydbob]

I'm sure it happens no question but it still makes no sense to me and I'm speaking strictly for myself. If I went to a store and say a item was $49.99 but is on sale for $39.99, why am I paying sales tax which would be 6% here in PA on $49.99 when the item is discounted by $10.00? This is what I can't wrap my head around.

Because it's not a sale item. It's a discount item and that's why the tax is done before the discount is given. And to my previous point, why should you be paying LESS on your car compared to people who took delivery last year? That wouldn't make any sense either.

 

[Babyrocko1908]

Because it's not a sale item. It's a discount item and that's why the tax is done before the discount is given. And to my previous point, why should you be paying LESS on your car compared to people who took delivery last year? That wouldn't make any sense either.

So you're saying it's a discount and not a sale? What's the difference legally? To your second question, you probably should direct that to Lucid.

 

[lisha]

I'm taking delivery in Millbrae, CA in a few months (or maybe sooner if I change some of my options to match what they have in inventory).
I think some people have said that fit + finish issues with the car might not get addressed until a month after delivery because of how busy this service center is.
How long can it take for the car to get serviced?
If I want to get the car detailed by OCDetailing (for which I've heard I have to make an appointment at least a month ahead of time), what would the timing look like?
When should I make an appointment?
How long can detailing take and what if they notice issues even after Lucid has already addressed my initial findings?

 

[MHDave]

So you're saying it's a discount and not a sale? What's the difference legally? To your second question, you probably should direct that to Lucid.

They credit your "account" with an additional $7,500, just like the deposits you've made are credited to your account. Lucid did not reprice the car, not discounted, not a sale. Tax and contract implications make it difficult to do what everyone would prefer. The credit makes sense, but sure, I'd love to have the price discounted and get reduced taxes. Good news is that the value of the car as an asset is not discounted, and you pocket the credit. Bad news is that tax and other valuations are based on that asset value as purchased.

 

[hydbob]

Makes no sense. It should be MSRP, + doc fee, + destination fee, - $7,500. Then the sales tax should be based on that amount.

The correct way is described above because you don't pay sales tax on the fees. MSRP + sales tax then +fees -$7,500

 

[Babyrocko1908]

The correct way is described above because you don't pay sales tax on the fees. MSRP + sales tax then +fees -$7,500

I'm going to go ahead and agree to disagree here. I can't see how a customer pays sales tax on a car that Lucid reduced the price of. And for full disclosure, my refund from Lucid will be $7.950 not $7,500 because I overpaid the taxes by $450. Lucid, agreed and updated my purchase agreement to reflect the taxes on the reduced price I paid.

 

[NanoGauntlet]

I think why a lot of us think of the AIR CREDIT as lowering the price of the car before a tax is applied is because some LUCID DA's seem to imply that the credit is applied at the base price before all the calculations are applied see below:

All is clear – thank you for getting back to me and just to ensure we are aligned on Touring pricing:

Air Touring - $95,000

Infinite Black or Stellar White - Included

Glass Canopy Roof - $,4000

Interior – Mojave, Santa Cruz, or Tahoe (included)

Wheels – 19’s or 20’s included

Price: $99,000

-$7,500 EV Credit



Total: $91,500


Please keep in mind you’ll still need to pay sales tax, registration, destination and doc’ing, and any other fee’s that are associated with your county/state.

Best,

**** ******* | Headquarters Sales Advisor

Schedule Time To Connect

7373 Gateway Blvd. Newark, CA 94560

Office | +1 (844) 367-****

Direct | +1 (510) 766-****

***********@lucidmotors.com

 

[Babyrocko1908]

I think why a lot of us think of the AIR CREDIT as lowering the price of the car before a tax is applied is because some LUCID DA's seem to imply that the credit is applied at the base price before all the calculations are applied see below:

All is clear – thank you for getting back to me and just to ensure we are aligned on Touring pricing:

Air Touring - $95,000

Infinite Black or Stellar White - Included

Glass Canopy Roof - $,4000

Interior – Mojave, Santa Cruz, or Tahoe (included)

Wheels – 19’s or 20’s included

Price: $99,000

-$7,500 EV Credit



Total: $91,500


Please keep in mind you’ll still need to pay sales tax, registration, destination and doc’ing, and any other fee’s that are associated with your county/state.

Best,

**** ******* | Headquarters Sales Advisor

Schedule Time To Connect

7373 Gateway Blvd. Newark, CA 94560

Office | +1 (844) 367-****

Direct | +1 (510) 766-****

***********@lucidmotors.com

This is how my brain is processing this. In addition, recall when Lucid was marketing their cars prior to the passage of the IRA. The website showed Touring at $95,000 but $87,500 with tax credit. It's also what made the Pure such a great buy -- it was marketed as $69,000 back then. Why Lucid is collecting taxes on the reduced MSRP for some and then just taking it off at the end for others is what I can't wrap my head around.

 

[NanoGauntlet]

I remember that pricing scheme as well. Yes they had the legal message at the bottom but most people think Reduction up front and then taxes afterwards.

 

[lucidtouringman]

Short answer.. GAAP.. Generally Acceptable Accounting Practices...someone explained it above correct.. the 7500 is a credit applied after the transaction..

 

[NanoGauntlet]

Short answer.. GAAP.. Generally Acceptable Accounting Practices...someone explained it above correct.. the 7500 is a credit applied after the transaction..

Granted, but the biggest complaint has been LUCID not providing correct or any information to help the consumer decide on which way to go. If the language in the press release and website had said applied after transaction then there would be no confusion or the DA's reached out to their respective clients and said that.