Lucid Air Lease Deals Are Jam-Packed With Value Right Now

Last month, Lucid Motors rolled out lease deals for the Air that will persuade you to choose the sedan over its SUV, the Gravity. But the California-based automaker isn’t just done yet with its flurry of value-packed deals, especially for those who don’t want to own one. In its latest round of offers, Lucid Motors has rolled out credits of up to $31,500 for the Air, varying per trim level.

Lucid’s lease offers include an On-Site Vehicle Bonus of $2,000, another $2,000 under the long-running Conquest Offer if you currently own or lease a vehicle from a “competitive brand,” the standard $7,500 federal tax EV credit, and a so-called Air Credit that varies per Air variant. And, if you currently own a Tesla, a $4,000 trade-in allowance will supersede the Conquest Offer.

Really Low Monthly Payments For A Premium EV

Of note, only the Air Pure, Touring, and Grand Touring trims are part of Lucid’s June offers, leaving the top-spec $249,000 Air Sapphire out of reach. The Air Grand Touring, the longest-range EV in the U.S. right now, comes with the biggest Air Credit at $20,000, while the Touring has it at $15,000. The base Pure variant has an Air Credit of $10,000. Summed up, the numbers mentioned translate to low monthly lease payments.

With the lease credits applied, the Air Pure can be driven home for $3,639 at signing, with a monthly lease of $519. The Grand Touring, meanwhile, requires $6,819 at signing, with a monthly due of $849. The amounts here apply to 36-month leases. If you’re financing, APR is standard at 2.99% with a maximum Air Credit of $10,000 for the Air Pure ($5,000 for the Air Grand Touring). The same amount of Air Credit applies when purchasing using cash.

Offers Last Until The End Of June

Lucid’s offers this June are better than last month, targeting current vehicle owners, especially Tesla, to switch brands – a similar move employed by other automakers. In comparison, the best 36-month lease deal you can get for the Tesla Model S all-wheel drive is $999, and that requires $9,194 at signing. Those numbers also come with the $7,500 federal tax incentive already applied.

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The only caveat that we see here is that customers will have to decide fast, as Lucid’s offers are only valid if you take delivery on or before June 30, 2025. Also, you can only avail the Conquest Offer if you own or lease vehicles from premium brands, such as Acura, BMW, Genesis, Mercedes-Benz, and yes, even Rolls-Royce, among others.