Lucid Slashes Lease Prices to $509/Month on the Award-Winning Air
A mid-month deal enhancement drops the monthly lease payment on the Lucid Air from $589/month to $509/month, through August 31, 2025.
Lucid just slashed lease prices on the award-winning Air—the longest range, quickest accelerating, and most spacious luxury EV sedan you can buy. Here is everything you need to know about scoring a lease deal on this Tesla Model S and Porsche Taycan rival.
New Official $509/Month August Lease Offer
The new Lucid Air lease is valid between August 15 to August 31, 2025, and it reflects a big improvement compared to the offer from earlier this month.
You can lease a base $69,900 Lucid Air Pure (430 horsepower and 420 miles of range) for $509/month with a $2,360 down payment. This is a 36-month lease with 10,000 miles per year, on approved credit. Additional mileage options are available.
This deal includes a $2,000 On-Site Credit, which is only available on existing inventory at Lucid studios. The deal also requires either the $2,000 Loyalty Offer for current Lucid owners or lessees, or the $2,000 Trade-in Allowance.
The $2,000 Trade-in Allowance requires trading in a Tesla vehicle or a premium vehicle, which is defined as an Acura, Alfa Romeo, Audi, BMW, Cadillac, Genesis, INFINITI, Jaguar, Land Rover, Lexus, Lincoln, Mercedes-Benz, Maserati, Porsche, Rivian, Volvo, Aston Martin, Bentley, Ferrari, INEOS, Lamborghini, Lotus, McLaren, MINI, or Rolls-Royce.
Without the Loyalty Offer or Trade-in Allowance, the down payment required for the same $509/month payment will be $2,000 higher. Note this official lease offer does not include taxes and government fees, which vary based on your jurisdiction and will increase the total amount due at signing.
Get Additional Savings from a Referral Bonus
Additionally, Lucid runs a Referral Program. Customers who are referred by an existing Lucid owner with a valid referral code get an additional discount on Lucid Air: $500 off Air Pure, $1,000 off Air Touring, and $1,250 off Air Grand Touring.
For example, applying a referral code on the $509/month Air Pure lease would reduce the down payment from $2,360 to $1,860.
Hundreds of Leasehackr members have leased a Lucid Air and shared their referral codes with the community. You can find a referral code on Leasehackr Forum.
Prices Expected to Rise with Expiring EV Tax Credit
The current Lucid Air offer is made possible by the $7,500 EV federal tax credit, which permanently ends on September 30, 2025, as a consequence of the One Big Beautiful Bill Act.
Currently, Lucid Motors passes on the federal tax credit to lessees in the form of a $7,500 EV Credit. You can lock in the $7,500 EV Credit by taking delivery of a Lucid Air lease by September 30, 2025. We recommend acting soon before available inventory becomes more limited.
Why Lease a Lucid Air?
While Lucid Air is an aspirational vehicle for enthusiasts, its premium price tag seemingly puts it out of reach for many. However, the incredible $509/month lease offer on the Lucid Air makes it more affordable than you’d expect.
Based on our analysis, the Lucid Air beats the Porsche Taycan, Tesla Model S, BMW i5, and Mercedes-Benz EQS Sedan in important EV metrics like acceleration, range, efficiency, and interior space, while also delivering stronger lease savings.
Beyond the numbers, the Lucid Air is an excellent luxury sports sedan to drive, with nimble and neutral handling and a gorgeous, well-made interior. It’s a rational, well-engineered EV that also excites the driving enthusiast.
Sponsored Post: Leasehackr may receive compensation for offer(s) shown on this page. Opinions expressed here are the author’s alone. All offers described are valid through August 31, 2025 on approved credit.