• 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 (5,632 km) 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 (96 km/h) 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