Lucid Air Dream Edition R

AFTER INCENTIVES

$168,500

MSRP

$169,000

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ESTIMATED INCENTIVES

$500

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Loan Payment

$2,949 / month

Down Payment

$18,010

10% of MSRP plus tax

ESTIMATED INCENTIVES

$500

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Lease Payment

$2,254 / month

FIRST LEASE PAYMENT

$20,263

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Incentives For Lease

$500

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Type

Sedan

Minimum Seats

5

Fuel Type

BEV

Electric Range

520 miles

Miles Per 30 Min Of Fast Charging

~ 93 miles

Time to Charge - Level 2

~ 15 hr 20 min

Battery Size

118 kWh

CO2 Emissions Reduction

18,469 lbs/yr

Equivalent Trees Planted

385

Gasoline Saved

1,176 gal/yr


For more details including charts & calculations, please view this page on a desktop.

Compare the Lucid Air Dream Edition R to a similar gas vehicle, the Porsche Panamera Turbo S

20,000 miles

5 Years

$4.45

6.57 %


Assumptions

Results have been updated as of 1/27/2023, 12:32:25 PM.

Cost to Fill Up Monthly

The Lucid Air Dream Edition R is $319 cheaper to fill up monthly


VehiclesElectricityGasolineTotal
Lucid Air Dream Edition R$118$0$118
Porsche Panamera Turbo S$0$436$436

Cost of Ownership

The Lucid Air Dream Edition R is $11,120 cheaper to own over 5 Years



DescriptionLucid Air Dream Edition RPorsche Panamera Turbo S
Vehicle$138,704$126,848
Maintenance$5,141$9,795
Insurance$16,844$16,047
Electricity$7,058$0
Gasoline$0$26,176
Total$167,746$178,866


We selected the Porsche Panamera Turbo S based on its proximity to the Lucid Air Dream Edition R based on brand, size, and price.


For more details including charts & calculations, please view this page on a desktop.

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Up to $500 in tax credits and rebates are potentially available
for the Lucid Air Dream Edition R

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit


Customers who purchase qualified residential fueling equipment after January 1, 2023, may receive a tax credit of up to $1,000.

Tax Credit

Up to $7,500

Federal Tax Credit


You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in electric vehicle. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.

Tax Credit

Up to $4,000

Federal Used Clean Vehicle Credit


Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCEV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Conditions apply.

Vehicle Financing

California Clean Vehicle Assistance Program Beneficial State Foundation


Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption


Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle depending on eligibility.

Vehicle Financing

California PACE Loss Reserve Program


The PACE Loss Reserve Program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) works with partners and lenders to support PACE financing for energy or water efficiency and clean energy home improvements. Property owners in a PACE-designated area can use PACE financing for the above home improvements without a down payment and repayment included in their property tax bills. See if a PACE participant serves your county!

Discounted Electric Rate

Turlock Irrigation District DT Domestic PHEV Experimental Rate


TID is offering an experimental schedule to customers for whom Schedule DT applies. Applicants must have a currently registered PHEV or BEV and a recharging outlet on their home premises.

Vehicle Rebates

Up to $400

Turlock Irrigation District EV Charger Rebate


TID is offering customers a $300 rebate who purchase and install a qualifying Level 2 Charger. TID customers enrolled in the CARES program will receive an additional $100 per charger.

Vehicle Rebates

$500

Turlock Irrigation District EV Rebate


TID is offering customers a $500 rebate who purchase a qualifying new or used zero-emission battery electric vehicle. TID customers enrolled in the CARES program will receive an additional $700 per vehicle.