The value of this Lucid Gravity Dream Edition has dropped $13 for every mile it was driven
The Gravity Dream Edition packs 1,070 hp and 909 lb-ft. Early resale prices show the luxury EV losing value quickly. The base version starts under $80,000 with 560 hp. If you were among those who rushed to buy a new Lucid Gravity, you may want to look away now.
Early resale results can reveal a lot about how the market values a new model. A flagship Dream Edition with just 3,500 miles has sold for $96,000, nearly $46,000 below its original MSRP, offering a clear snapshot of how buyers currently price the SUV on the used market. There’s a lot to like about the Gravity, particularly the Dream Edition model. It features a 123 kWh battery pack, four electric motors, and a combined 1,070 hp and 909 lb-ft of torque. Does anyone need an SUV with this much power? No, but being able to hit 60 mph in 3.1 seconds and storm down the quarter-mile in 10.6 seconds in a luxury SUV is still pretty cool. Read: He Sold His $142K Lucid At A Huge Loss After Just 400 Miles Of EV Reality The Dream Edition is also equipped with all the luxury features you could ever want, including the Comfort and Convenience Package, which adds soft-close doors and power rear window shades, alongside an AR HUG, dynamic ambient lighting, and Nappa leather upholstery and seats with heated, ventilated, and massaging functions. Cars & Bids Perhaps the biggest downside of the Dream Edition is the cost. In the US, it has an MSRP of $141,550, including destination charges, which feels like a lot, particularly given that the entry-level Gravity Touring with 560 hp is available from just $79,900. Sure, it has roughly half the power, but most of the same features. Additionally, the 828-hp Gravity Grand Touring starts at $94,900, and also seems like a relatively bargain compared to the Dream Edition. As the Cars & Bids auction shows, depreciation has been significant. This particular example was registered in early December and driven just 3,500 miles, yet it lost $45,550 in value. That works out to roughly $13 lost for every mile driven. Cars & Bids
Please follow us on Google to support usLucid Lucid Gravity SUV Used Cars
United States Latest News, United States Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
Chicago man charged after dragging officer while fleeing suburban Target: prosecutorsA Chicago man remains jailed after authorities say he dragged a police officer while trying to flee after stealing from a suburban Target store.
Read more »
The Lucid Gravity Is Getting Apple CarPlay And Android AutoOlder Gravity SUVs will get the two smartphone mirroring features through an over-the-air software update.
Read more »
Winter is peak oyster time. Deep freezes this season took a toll in Mass.Ice has destroyed thousands of dollars worth of gear and dragged oysters out to sea as it melts. For some farmers, the losses from this winter will likely be felt for years as they work to regrow their crops and their revenue. Others are hopeful they'll rebound more quickly.
Read more »
World’s first underground nuclear borehole drilling starts for US firm’s Gravity reactorDeep Fission’s 'Gravity' reactor uses water columns to create the 160 atmospheres of pressure needed for power.
Read more »
Police Officers Hailed as Heroes After Preventing Potential Deadly IncidentChief Aaron Edwards and Sgt. Luis Navarro are celebrated for their quick action in stopping a dangerous device from detonating. The officers recount their experience, emphasizing the gravity of the situation and their commitment to saving lives.
Read more »
Gravity Finally Gets What Lucid Drivers Have Been Asking ForA major Lucid software update finally adds smartphone mirroring to the Gravity, bringing Apple CarPlay and Android Auto support
Read more »