Lucid partners with Bank of America to offer lease and loan purchase options

Lucid has teamed up with Bank of America to launch an all-new digital financing service called Lucid Financial Services.

With the new service Lucid customers will be able to complete their entire purchase, including the finance application and e-signing of the finance contract, entirely online.

Lucid says customers can also take advantage of a concierge service with personalized support to walk you through the application process.

Customers can select from 24, 36, or 48 month leases, or take out a loan to purchase their luxury Air sedan with “competitive financing rates.”

“Lucid Air customers have requested flexible financing options, including lease and loan purchase, with many of them preferring a 100% digital experience. Lucid Financial Services is all about delivering a best-in-class finance journey from online application to e-signing with full transparency of terms and flexible purchasing options. Our goal is to transform vehicle financing by introducing new processes that enable our customers to experience the luxury and technology of Lucid electric vehicles,” said Amira Aly, Lucid’s Director of Financial Services.

The service is currently only available to customers in the US, and only those taking delivery of the Lucid Air Grand Touring model.

Lucid says the program will expand to the Touring and Pure models when deliveries of those models begin later this year.

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