Fully electric Lucid Air is not cheap and to expand its attractiveness, the automaker has announced Lucid Financial Services, which offers consumers leasing and lending options.
Lucid Financial Services is a digital platform that covers all aspects of the vehicle purchase process and is fully online. Bank of America offers Lucid Air customers competitive financing rates and 24, 36 or 48 month leases, as well as various long-term loans.
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“Lucid Air customers have asked for flexible financing options, including rental and loan purchases, most of which want a 100% digital experience,” said Amira Ali, Lucid’s director of financial services. “Lucid Financial Services is the delivery of the best financial journey, from online application to electronic signature, with full transparency of terms and flexible purchase options. Our goal is to change vehicle financing by introducing new processes that allow our customers to experience the luxury and technology of Lucid electric vehicles. ”
The carmaker did not say how much its leasing and loan options would cost, but said the financial application and electronic signing of contracts could be done online.
“We are pleased to offer customers financial solutions tailored to the leasing or purchase of Lucid vehicles, and our digital solutions make it quick and easy to apply for financing,” added Fabien Thierry, Bank of America’s Head of Vehicle Lending Products. “Our relationship with Lucid will help meet the growing consumer demand for electric vehicles and strengthen our $ 1 trillion commitment to environmental change and low-carbon solutions.”
Lucid Financial Services is currently available to U.S. consumers supplying Air Grand Touring models and will be available to Touring and Pure suppliers later this year. The launch of the program will take place a few weeks after the return to the air.
