When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
The first two sell because of their leasing strategy, I assume you remember the EQ feeding frenzy that still exists in its current form. The BMW is the same.
Tesla sells on novelty but even thats experiencing a slow down.
I do wish Lucid the best of luck, because it already has top shelf talent like ex Lean Designs Boss Cory Stuben and huge fund investment.
Lucid has GREAT lease deals on the Air, the Gravity will be no different.
Lucid has GREAT lease deals on the Air, the Gravity will be no different.
No doubt every EV has great lease deals and finance offers. However as a startup, whats the plan, just go through fund money until one breaks even? If they launch a product that folks actually purchase outright and sells in meaningful volume they can avoid the "kick the can down the street" type business plan they have now.
At least with legacy, you loose money with EVs, which you hope to recoup on the Non EV side or ev used side (i assume the current market situation will help).
No doubt every EV has great lease deals and finance offers. However as a startup, whats the plan, just go through fund money until one breaks even? If they launch a product that folks actually purchase outright and sells in meaningful volume they can avoid the "kick the can down the street" type business plan they have now.
At least with legacy, you loose money with EVs, which you hope to recoup on the Non EV side or ev used side (i assume the current market situation will help).
The plan is to use the revenue and investment from higher end more expensive cars to develop lower end cars that will sell in more volume. Its the same thing Tesla did, and most Tesla sales are leases too, and their leases are also pretty cheap.
Nobody in the industry sells $90k+ cars that people purchase outright in meaningful numbers. Not BMW, not Mercedes...they all have lease rates well over 50%.
The plan is to use the revenue and investment from higher end more expensive cars to develop lower end cars that will sell in more volume. Its the same thing Tesla did, and most Tesla sales are leases too, and their leases are also pretty cheap.
i disagree that lucid is trying to do what tesla did. musk was always focused toward the mass market, and the 3 and Y have unique features but are still focused toward mainstream pricing and 'appliance-like' daily usage.
i guess you could say their air and gravity are their s and x models, but frankly it's much harder to do the 3 and Y at scale.
Nobody in the industry sells $90k+ cars that people purchase outright in meaningful numbers. Not BMW, not Mercedes...they all have lease rates well over 50%.
if 'nobody' only means german brands, sure, but i bet lexus sells (not leases) a significant amount of their cars given buyer profile. i've only heard of a couple people leasing an lc500 for example.
i disagree that lucid is trying to do what tesla did. musk was always focused toward the mass market, and the 3 and Y have unique features but are still focused toward mainstream pricing and 'appliance-like' daily usage.
i guess you could say their air and gravity are their s and x models, but frankly it's much harder to do the 3 and Y at scale.
if 'nobody' only means german brands, sure, but i bet lexus sells (not leases) a significant amount of their cars given buyer profile. i've only heard of a couple people leasing an lc500 for example.
Majority of sales are leases at Lexus, 60:40 was what I was told.
i disagree that lucid is trying to do what tesla did. musk was always focused toward the mass market, and the 3 and Y have unique features but are still focused toward mainstream pricing and 'appliance-like' daily usage.
i guess you could say their air and gravity are their s and x models, but frankly it's much harder to do the 3 and Y at scale.
Tesla started with the S, then came out with the X, THEN came out with the 3. Lucid is following the same playbook they are just now moving to the Gravity. The cheaper models will come.
if 'nobody' only means german brands, sure, but i bet lexus sells (not leases) a significant amount of their cars given buyer profile. i've only heard of a couple people leasing an lc500 for example.
Lexus doesn’t play in these price points other than the niche LC, LS and LX, but no 60% of Lexus vehicles are leased.
Bottom line is the majority of luxury cars sold across the industry are leased.
My friend took delivery of his new Mustang Mach E Premium today, its pretty cool. First time EV owner, traded in his Acura TLX, he had like 5 Acuras in a row. I gotta say I really like the styling of these. He was going to get a Model 3 until well...he wasn't lol
BTW we were talking about whether people consider these a crossover...he considers it a car and specifically was not interested in any crossovers or SUVs.
Signed up for the local BMW ultimate driving experience for this Thursday. Gives the chance to autocross the i4 xDrive40 and i5 xDrive40 and do some street drives with TBD models. Should be fun
Signed up for the local BMW ultimate driving experience for this Thursday. Gives the chance to autocross the i4 xDrive40 and i5 xDrive40 and do some street drives with TBD models. Should be fun
I've driven both the i4 and i7, great cars 👍. I love doing this kind of stuff, I try to get my hands on anything I can, unfortunately don't have as much time on my hands with work these days. Have fun, and Pics
Signed up for the local BMW ultimate driving experience for this Thursday. Gives the chance to autocross the i4 xDrive40 and i5 xDrive40 and do some street drives with TBD models. Should be fun
Looking forward to your comments. I was shopping the 4 Series Grand Coupe (gas) but it looks like BMW has converted most of the production of this body style to i4's so there wasn't much of a selection.
