Quote:
Originally Posted by Martinjlm
2023 Lucid Air Grand Touring. Monroney is $140,600. Paid $55,800 for a lease turn-in with 21,000 miles.
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Even if this had a $20,000 profit margin at MSRP, how can this be a sustainable business for the title holder at the end of term with such a low residual value? ..and I assume this includes some level of transferrable factory warranty remaining?
I guess the same level of depreciation is true for Bentleys, Maseratis, and other exotics. I'd be more wary of software issues in a low volume "exotic" EV than crazy engine maintenance costs associated with ICE exotics.
But, enjoy your new ride, it looks great and I'm sure it rides as well as it performs. I hope to experiment with different leisure/pastime rides in retirement someday, too.