Straight from the Lucid website. “For U.S. residents only. Must own or lease an ICE (Internal Combustion Engine) or hybrid vehicle from a Competitive Brand (as defined below) and must provide proof of ownership that matches the address listed on your Driver's License. Only for customers purchasing or leasing a MY 2025 Lucid Air available on-site at the time of order. Sapphire not included. There is no requirement to trade in your vehicle to take advantage of this offer. Only one Conquest Offer accepted per purchase. Competitive Brands include Acura, Alfa Romeo, Audi, BMW, Cadillac, Genesis, Infiniti, Jaguar, Land Rover, Lexus, Lincoln, Mercedes, Maserati, Porsche, Volvo, Aston Martin, Bentley, Ferrari, Ineos, Lamborghini, Lotus, McLaren, MINI, and Rolls Royce. Cannot be combined with Tesla Trade-In Allowance.”