A 2022 Lucid Air Grand Touring sold for $46,250 at auction, marking a 67% depreciation from its original $140,000 purchase price just three years ago.
The luxury electric sedan featured only 36,000 miles on the odometer, and it was sold at an auction last Friday, as first reported by AutoEvolution on Tuesday.
“This 2022 Lucid Air Grand Touring is finished in Infinite Black under a British Racing Green wrap, and it is outfitted with a Mojave scheme interior with Lucid Black and Graphite leather,” the listing reads.
The Grand Touring is Lucid’s highest trim of its debut model, excluding the ultra-performance Sapphire version, which delivers 1,234 horsepower and comes fully equipped at a fixed price of $249,000.
The Grand Touring variant features a dual-motor all-wheel-drive setup paired with a 112-kWh battery pack, producing 800 horsepower and 885 pound-feet of torque.
Other recent listings show various prices.
Another 2022 Lucid Air Grand Touring with 7,000 miles on the odometer sold for $57,600 earlier this year, while a 2023 Air Touring with 8,000 miles fetched $54,400 last September.
Resale Value
The average price of a used electric vehicle fell 15.1% from a year earlier, according to a study published by iSeeCars earlier this year.
The Porsche Taycan posted the steepest decline, with average prices down 26.5%. The BMW 5 Series hybrid followed with 16.2% while Tesla saw the largest drop among brands at 13.6%.
Maserati and Chrysler followed the Elon Musk-led company with 10.6% and 7.6%, respectively.
The study compared price changes for used electric and gasoline vehicles, highlighting the models with the biggest declines from February 2024.
First Gravity on the 2nd Hand Market
The first Lucid Gravity electric SUV to appear on the second-hand market sold for $131,000 in late September, according to auction site Cars & Bids.
The 2026 Gravity Dream Edition, the flagship trim of the lineup, drew 43 bids in total. The auction saw 25 bids placed before the final day, with the highest at $125,000, before 18 additional bids in the closing hours pushed the final price up by $6,000.
The vehicle, finished in Aurora Green Metallic over a Tahoe Nappa leather interior, had just 200 miles on the odometer at the time of sale. With all options included, the seller paid $141,550 for the three-row SUV three months prior in June, representing a 7.5% depreciation.
The Dream Edition was offered exclusively to reservation holders of the Grand Touring model, promoted as the highest-performance version of the SUV with exclusive finishes and technology features.
