Price now reduced by $7500

[Pavlova]

Truly though... am I the only one that thinks that Lucid will probably offer the same discount on Pures as well?

 

[Babyrocko1908]

Truly though... am I the only one that thinks that Lucid will probably offer the same discount on Pures as well?

Nope. I think they will extend it to Pures too. Pure production is expected to ramp up at the beginning of April. Coincidentally, that's the start of Q2. The discount is expected to end 3/31 which is the end of Q1. However, alot of Pure folks aren't willing to risk it and have gone ahead and upgraded to Touring.

 

[Jimyboy]

How do you do it? Under your account on the Lucid site? Are you sure you'll get it before the promo ends? Thx

I called My Lucid Advisor, asked him if legacy pricing would still apply, he said yes. I asked him if any color combo would be faster or a delay, he said if I accepted the $7500 Air Credit, and added the glass canopy to my build in order to be eligible for the air credit, he said they are currently producing Cosmos and Quantum Grey Cars, and if I accepted I would have my car in a couple of weeks. So I accepted the Air Credit offer, changed my color to Cosmos Silver, added the Glass Roof at a $4000, and qualified for the $7500 air credit (saved $3500 and got a glass roof for free) . My online build sheet was updated one hour later and it shows "$7500 air credit" subracted from the grand total. at the bottom. This is better than a tax credit because you get the whole $7500! 2 hours later my status changed to "in production" and I recived my VIN.. all this happened in less than 4 hours today. super excited!

 

[Phxlucidowner]

Congrats to all of you who upgraded to touring or modified orders to qualify - I left a VM and an email for my DA who works out of the Scottsdale location and he’s hit or miss about responses. I understand that lucid doesn’t need to do anything but I love the AT in stealth and QG configuration and I’m quite upset that it doesn’t qualify for a discount as well, hoping for them to make that a possibility otherwise I will cancel my order.

 

[Babyrocko1908]

Congrats to all of you who upgraded to touring or modified orders to qualify - I left a VM and an email for my DA who works out of the Scottsdale location and he’s hit or miss about responses. I understand that lucid doesn’t need to do anything but I love the AT in stealth and QG configuration and I’m quite upset that it doesn’t qualify for a discount as well, hoping for them to make that a possibility otherwise I will cancel my order.

I would wait until closer to March 31st to cancel to see if Stealth and Pures are added to the discount. Lots of Stealth folks are letting Lucid hear about their disappointment that Stealth isn't included.

 

[nikp]

I just saw an email about this. It looks like they are giving a $7500 credit for certain Touring models off of the higher pricing from last year. And they are giving a $7500 credit off of LEGACY pricing for the GT. This seems to solidify my thoughts on Lucid building more GT's than they had orders for thereby delaying Touring production into later 2022 and costing many of us the tax credit. Frustrating. And before anyone says "just get one now." I have legacy touring pricing. So, the $7500 credit off new pricing doesn't help.

I have air touring scheduled for delivery next week. I got Legacy pricing and got 7500 discounted on lease contract. They deducted it from amount due at signing

 

[DBV]

Truly though... am I the only one that thinks that Lucid will probably offer the same discount on Pures as well?

I think they will too. They will have too, to stay competitive.

 

[Lucken]

My online build sheet was updated one hour later and it shows "$7500 air credit" subracted from the grand total. at the bottom. This is better than a tax credit because you get the whole $7500! 2 hours later my status changed to "in production" and I recived my VIN.. all this happened in less than 4 hours today. super excited!

Not really, it depends on your tax liability. I’ve gotten the entire $7,500 on each of my EVs. If your tax liability is less than $7,500, then sure, this is better than the tax credit. Of course you also reap the benefits quicker, so it’s closer to ‘instant gratification’.

 

[Paco]

This was true in the past, I thought The new bill, if you meet the income cap, and type of vehicle you get $7500, even if you didn’t pay any tax. And in 2024 it becomes a point of sale discount.

 

[MHDave]

How do you do it? Under your account on the Lucid site? Are you sure you'll get it before the promo ends? Thx

Contact your DA and indicate that you'd like to change your order based on the recently announced credit. I had a response and order changed in hours.

 

[digiboxer]

Not really, it depends on your tax liability. I’ve gotten the entire $7,500 on each of my EVs. If your tax liability is less than $7,500, then sure, this is better than the tax credit. Of course you also reap the benefits quicker, so it’s closer to ‘instant gratification’.

Also this way you don't pay sales tax on $7500--not huge, but where I live it equals to a case of pretty good wine

 

[Babyrocko1908]

Also this way you don't pay sales tax on $7500--not huge, but where I live it equals to a case of pretty good wine

Wait, this is a good point. Does Lucid owe those of us that already paid an additional refund off the sales tax of the $7,500? I'm going to text my DA and ask for clarification.

 

[rgiaimo]

Lucid Announces $7,500 EV Credit on the Purchase of Select Lucid Air Models

Limited time offer available for select configurations of Lucid Air Touring and Air Grand Touring ordered by March 31, 2023

www.lucidmotors.com

Here's the PR, sad to see Stealth configurations are not eligible.

Metal roof is also excluded. Bummer.

 

[GearHead]

Truly though... am I the only one that thinks that Lucid will probably offer the same discount on Pures as well?

Lucid has incentivized people at each stage. Touring holders were encouraged to move up to Grand Touring. Now Pures and metal roof holders are being incentivized to move up to Touring. No reason to think they won't at least encourage RWD Pure holders to move up to AWD.

Pete

 

[off]

I would expect them to extend the offer to the Pure line as well once production gets underway next month. If Tesla is willing to adapt to external forces, be it market or gov't policy, they'll follow along soon enough. They know the Pure will be the volume Air.

 

[digiboxer]

I would expect them to extend the offer to the Pure line as well once production gets underway next month. If Tesla is willing to adapt to external forces, be it market or gov't policy, they'll follow along soon enough. They know the Pure will be the volume Air.

I know...broken record, but...on the upcoming earnings call if the backlog for Airs has degraded since 3Q22, Lucid will have to cut prices on all models in order to bridge to the next product---which is Gravity--another $100k+ unit...rarified air, given EV disappointments, high interest rates, awful charging networks, recession uncertainty...etc

Key metric IMHO

 

[Sid432]

Any suggestions for a delivery taken couple of days earlier than this notice ?

 

[joec]

Any suggestions for a delivery taken couple of days earlier than this notice ?

It doesn’t hurt to ask. They may be willing to send you a check. But be prepared for them to say no, just so you don’t get your hope up?

 

[New2EV]

Any suggestions for a delivery taken couple of days earlier than this notice ?

I sent my DA a message. She's back in the office today, so I expect to hear back. I got my car 5 days before this notice. I will let you know the response. Since it will almost pay for my PPF and Ceramic coating job, I'm will to work a little to get it.

 

[Sid432]

It doesn’t hurt to ask. They may be willing to send you a check. But be prepared for them to say no, just so you don’t get your hope up?

I mean I love the car so far. I just hope they would atleast honor so that we can avail it since we trust the brand any ways …