It’s a tough time to be a Lucid Air proprietor who desires to promote their $100,000+ EV on the used market. That’s as a result of costs have tanked a lot that typically, the posh American battery-powered sedan is promoting for lower than half the unique sticker worth regardless of having only a few miles on the odometer and being simply two years outdated.
At the moment, the most cost effective used Lucid Air is listed on Automobiles.com for slightly below $50,000. That’s for a 2023 Pure mannequin with lower than 25,000 miles on the clock, dual-motor all-wheel drive, a 92-kilowatt-hour battery and an EPA vary score of 410 miles. A brand-new 2025 Lucid Air Pure begins at $70,000, in order that’s $20,000 off in simply two years.
Nevertheless it’s when taking a look at higher-priced fashions that the depreciation actually begins to make its presence felt. This white 2022 Air Grand Touring was lately bought on Deliver a Trailer for $68,500–an enormous $86,500 drop in comparison with its sticker worth of $155,000. It had simply 13,000 miles, the massive 112-kWh battery, the high-spec DreamDrive Professional driver help suite and a bunch of different goodies.
The most affordable Lucid Air EVs on the market on Automobiles.com are priced beneath $60,000.
Need one with fewer miles? How a few 5,000-mile 2022 Air Grand Touring that retailed for $141,000 when new? Once more, it’s the one with the massive battery that allows a variety of over 450 miles (relying on the wheel dimension), adaptive air suspension, twin motors and a elaborate inside. It bought in July for $61,111. That’s practically $80,000 lower than the unique worth or, as somebody within the feedback part of the BaT itemizing put it, $16 of depreciation per mile.
A top-spec 2022 Lucid Air Dream Version Efficiency with 20,000 miles, which retailed for over $170,000 when new, was bought for precisely $100,000 on BaT earlier this yr. The story repeated itself time and again, and the chart beneath displaying the promoting worth of used Air EVs on the used automobile platform paints a transparent image. In equity, simply 34 items had been listed on BaT and never all of them had been bought as a result of their reserve was not met, however it’s fascinating to see that the primary Air listed there was priced at practically $200,000, whereas the most recent one to be bought was beneath $60,000.
The promoting worth of assorted Lucid Air fashions on Deliver a Trailer over time.
It’s additionally value stating that you may get a virtually brand-new Lucid Air from the corporate itself–there’s a 2023 model-year Pure demonstrator with simply 524 miles that’s on the market on the automaker’s web site for $61,998. It has a dual-motor, all-wheel drive powertrain, 19-inch aero wheels and a 410-mile EPA vary estimate. Model-new, 2025 model-year stock Airs begin from roughly $72,000 for the bottom Pure trim, whereas the Grand Touring retails for over $120,000.