LA Dealer Refuses To Sell 2022 Lucid Air Dream Edition Range for $83,512, Elon Musk Laughs

This is a low-mileage luxury EV with just 1,400 miles on its dual AC permanent-magnet synchronous electric motors. It’s got all the performance you might ever need, and it cost its original owner no fewer than $170,500, options included. That’s nearly twice what you’d pay for a Tesla Model S Plaid. Of course, Lucid would argue that the Air sedan is much more than just a Model S rival.

Yet, the most anyone would spend for it now is $83,512. That’s as high as the bidding got before the LA-based dealership pulled the listing, concluding the auction. Basically, what the market is saying is that this two-year-old Lucid Air sedan is worth as much as a new Model S Plaid and not a cent more.

That’s what I call massive depreciation, and it also goes to show just how inflated these prices can be to begin with. People should really start to wonder what on earth they’re spending nearly $200k on when it comes to EVs.

I think the same goes for the Porsche Taycan, which is priced from $99,000 yet the flagship specs cost more than $200k (Turbo S is $209,000 and Turbo GT is $230,000). Although, something tells me the Taycan is much better equipped to handle depreciation than the Lucid Air.

Anyway, let’s take a closer look at this specification. We’re dealing with a Dream Edition Range variant, finished in Eureka Gold Metallic with contrasting Platinum Polish pillars and a Glass Canopy roof. Other exterior highlights include the soft-close doors, adaptive LED headlights, LED taillight strip, plus a set of 21” Aero Dream alloy wheels rocking Pirelli P Zero Elect tires. We should also note that there is some light damage on the rear quarter panel.

Interior features include the Santa Monica scheme, meaning Graphite Grey and Ceramic Nappa leather upholstery on the seats (heated, ventilated, massage function), to go with the color-coordinated microsuede dashboard and door panels. You also get Eucalyptus wood accents, four-zone automatic climate control, power-operated rear sunshades, a Surreal Sound Pro audio system, and a leather-wrapped steering wheel positioned in front of a massive 34” display with three configurable screens.

As for what this can do in terms of performance – pretty much anything. The dual motor setup works alongside a 118-kWh battery, resulting in a total output of 993 horsepower and 1,025 lb-ft of torque. This car will get you to 60 mph in just 2.7 seconds, although you’ll need to be gentle with the accelerator should you want your range to hover around the 500-miles mark.