Lucid Offering Discounts On Some Cars, And That May Be A Sign Of Low Demand | Carscoops carscoops
of up to $18,000, if they took delivery by the end of the year. The automaker said that the discount would be credited to the workers’ paychecks, at the rate of $1,000 per month.
Lucid spokesperson Nat Lingo framed this as a way to honor a request from its team to help reward those “who were interested in driving a Lucid Air every day.” The automaker, though, was also offering 14 Lucid Airs for immediate sale on its website with a 2.81 percent annual finance rate for 72 months, much lower than the rate for the average car loan these days, and amounting to another discount.
Used Lucids, meanwhile, are being listed for 92 percent of their original price. While that may seem like a decent rate of depreciation in normal times, that’s currently a pretty poor resale value. Used Rivians are, by comparison, being listed for as much as 132 percent of their original value., super luxurious electric sedan. Although the automaker would not comment on demand, that these steps are being taken when it still has a backlog of 34,000 orders does not reflect well on the company.
Indeed, investors are feeling wary. Since September 13, the company share price has nearly halved, falling from a high of $16.63 to a low of $8.61 on December 6.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2022 Lucid Air Receives 5-Star Euro NCAP RatingLucid is preparing for the introduction of the Lucid Air model in Europe and one of the signs that the market launch is near are Euro NCAP safety tests.
Read more »
Lucid Employees Reportedly Calling Canceling Clients Up To 14 TimesAnyone who decides to cancel their Air reservation could be called every day for two weeks by several Lucid employees if they don't pick up the phone.
Read more »
Are These Flooded Lucid Motor Air EVs Worth The Trouble Saving? | CarscoopsAre These Flooded Lucid Motor Air EVs Worth The Trouble Saving? | Carscoops carscoops
Read more »
The Sight and Sound “Greatest Films” Poll Presents a Bolder Vision of World CinemaAn expanded group of voters participated in Sight and Sound’s poll for the Greatest Films of All Time, resulting in a more lucid view of the best films in the history of cinema. See what picks made tnyfrontrow’s ballot.
Read more »
Vortex binoculars deals and discountsHere's our round-up of the best Vortex binoculars deals you can get this holiday season.
Read more »
Tesla Offers New Discounts On Model 3 And Model Y In ChinaTesla is setting record after record in China, and it continues to entice people to keep buying. This comes after significant factory production speed upgrades.
Read more »