Lucid Owner Learns $50,000 Depreciation Lesson
The recent sale of a Lucid Air Grand Touring highlights a significant lesson about depreciation in the luxury electric vehicle (EV) market. This particular model, originally purchased for $124,950, saw a staggering value drop of nearly $50,000 within just 12 months.
Details of the Lucid Air Grand Touring
The Lucid Air Grand Touring is part of the premium EV segment, showcasing advanced engineering and innovative design. This 2025 model, featured in Fathom Blue Metallic, is positioned just below the performance-oriented Air Sapphire. The Grand Touring variant includes several appealing options:
- Base price before options: $110,900
- Tahoe extended leather package: $5,500
- DreamDrive Pro driver assistance system: $2,500
- Power front seats with massage and ventilation: $3,750
- Delivery fee: $1,500
These features brought the total MSRP to $124,950, excluding taxes and registration fees.
The Depreciation Reality
The original owner of this vehicle purchased it in February of the previous year and drove it only 6,500 miles. Recently listed on Cars & Bids, it was sold for $75,500. This sale reflects a staggering loss of $49,450, demonstrating how quickly luxury EVs can lose value.
Market Implications for Buyers
For potential buyers, the depreciation associated with luxury vehicles can work in their favor. Much of the initial value decline occurs within the first year, meaning that this particular Lucid model may offer a better deal for new owners. Similar 2022 Grand Touring models are currently selling for approximately $50,000, indicating that the worst depreciation for this vehicle may be behind it.
Performance Features of the Lucid Air Grand Touring
Despite the depreciation, the Grand Touring remains an impressive vehicle. It boasts:
- Combined power output of 819 horsepower
- Acceleration from 0 to 60 mph in approximately 3 seconds
- Exceptional driving range of 512 miles
These specifications ensure that the Lucid Air Grand Touring remains a strong contender in the luxury electric vehicle market.
In conclusion, the experience of this Lucid owner underscores the realities of luxury car depreciation. While the initial financial hit may be considerable, those willing to invest in a gently used model can benefit from significant savings while still enjoying one of the most advanced sedans available today.
