How to Lease a $69K Lucid Air for Only $510 Monthly with No Down Payment | Carscoops

      Although the Air Pure is the most basic model from Lucid, it is anything but a standard entry-level vehicle.

      Lucid provides a $2,000 Conquest Credit for current owners of other luxury brands.

      Some models of the Air come with a $3,000 Studio Select Discount.

      Prospective buyers can also benefit from a $500 referral credit if referred by another Lucid owner.

      The Lucid Air stands out as one of the top electric vehicles available today. However, its high price can drive potential buyers to seek more affordable options. Thankfully, leasing makes it more accessible: for just $510 a month with no down payment over 36 months, the entry-level Air Pure transforms into a much more appealing choice for those wanting a luxury electric sedan.

      Lucid's Offers and Promotions

      Lucid is rolling out various bonuses and incentives to encourage customers to lease the Air Pure. For instance, the American automaker has a $2,000 Conquest Credit for current owners or lessees of various electric, hybrid, and gasoline vehicles.

      These vehicles include models from brands like Tesla, Acura, Audi, BMW, Cadillac, Genesis, Infiniti, Jaguar, Land Rover, Lexus, Mercedes-Benz, Maserati, Porsche, Volvo, Alfa Romeo, Bentley, Aston Martin, Ferrari, Lamborghini, Ineos, Rolls-Royce, McLaren, Mini, and Lotus.

      Additionally, those who choose a Lucid Air Pure from the existing inventory at a sales studio will receive an additional on-site bonus of $2,000. Buyers can also easily take advantage of Lucid’s Referral Program to obtain a further $500 off an Air Pure by using a current owner's referral code.

      The most substantial offer is the Studio Select Discount, which amounts to $3,000. This is available only for specific inventory at certain sales studios across the US, and may not be easily accessible for everyone.

      Important Details to Keep in Mind

      As noted by LeaseHackr, which uncovered this deal, Lucid’s online leasing calculator may indicate a $3,500 down payment, but this can essentially be negated if you combine the referral bonus and the Studio Select Discount. With these incentives, it’s feasible to lease the Lucid Air Pure for merely $510 per month before taxes for 36 months—making it feel less like an extravagant purchase and more like a smart financial decision.

      Moreover, these incentives, along with the $7,500 federal EV tax credit, can considerably lower the price of an Air Pure from $69,900 to $52,470. However, it’s important to point out that the $510 monthly rate does not include estimated upfront taxes, registration, and other associated fees.