First R2 flip. $20K price premium added

Josh X · Wednesday at 11:58 AM

Ladies and gentleman, our first R2 flip has been spotted by a private seller at an asking price of $79,900. Dune R1T in the background.

Link here

TexasBob · Wednesday at 12:02 PM

Josh X said:
Ladies and gentleman, our first R2 flip has been spotted by a private seller at an asking price of $79,900. Dune R1T in the background.

Link here

There is usually a pretty good market for a few of these that are bought for the tear-down / benchmarking market. An OEM that wants to get their hands on one does not really care if the vehicle is $10k over market if they can cut a few months off the benchmarking study.

VegasWeezy · Wednesday at 12:06 PM

Josh X said:
Ladies and gentleman, our first R2 flip has been spotted by a private seller at an asking price of $79,900. Dune R1T in the background.

Link here

If this sells for that price, I will be immediately listing my R2 upon delivery and utilizing my second R2 reservation for my personal vehicle.

Hereforthesnacks · Wednesday at 12:20 PM

VegasWeezy said:
If this sells for that price, I will be immediately listing my R2 upon delivery and utilizing my second R2 reservation for my personal vehicle.

Worth a shot. But the R2 demand is going to soften pretty quickly. If you are ok with keeping your first R2, then it’s no harm no foul!

SANZC02 · Wednesday at 12:28 PM

I would rather have the R2 than the 12.5k profit.

My R2 total is 67,450 out the door in SoCal.

Josh X · Wednesday at 12:39 PM

SANZC02 said:
I would rather have the R2 than the 12.5k profit.

My R2 total is 67,450 out the door in SoCal.

Less than $12.5k after you pay taxes on the capital gains

Hereforthesnacks · Wednesday at 12:46 PM

SANZC02 said:
I would rather have the R2 than the 12.5k profit.

My R2 total is 67,450 out the door in SoCal.

Dual reservation holders will win, if there is enough demand to sustain flips. But I don’t play those games for $12.5k

VegasWeezy · Wednesday at 1:15 PM

SANZC02 said:
I would rather have the R2 than the 12.5k profit.

My R2 total is 67,450 out the door in SoCal.

I'm definitely keeping my R2. But I have 2 reservations, so if someone is impulse buying and spending more than they should on one of these, I'm happy to use both reservations to sell one and keep one.

SANZC02 · Wednesday at 1:58 PM

Josh X said:
Less than $12.5k after you pay taxes on the capital gains

I left that part off, pretty sure that won’t see the light of day.

Lionel_Hutz · Wednesday at 2:13 PM

What's the incentive to pay a significant markup for a flip? If you want an offroad-capable EV, the R1S is available immediately. If you want a fast commuter EV, the Model Y (and 5 other decent EVs) are available immediately. And if you wait to buy an R2 you'll get one with the early production kinks fixed and maybe new hardware. I just don't see it--it isn't 2020 anymore.

VegasWeezy · Wednesday at 2:20 PM

Lionel_Hutz said:
What's the incentive to pay a significant markup for a flip? If you want an offroad-capable EV, the R1S is available immediately. If you want a fast commuter EV, the Model Y (and 5 other decent EVs) are available immediately. And if you wait to buy an R2 you'll get one with the early production kinks fixed and maybe new hardware. I just don't see it--it isn't 2020 anymore.

You assume all humans are logical, rational beings.

I would like to believe that's true, but there is unfortunately far too much evidence to the contrary. Remains to be seen though if any of these flips actually materialize for actual profits. I'm certainly not holding my breath or counting on it. I'm just open to the opportunity

sparked · Wednesday at 2:38 PM

Lionel_Hutz said:
What's the incentive to pay a significant markup for a flip? If you want an offroad-capable EV, the R1S is available immediately. If you want a fast commuter EV, the Model Y (and 5 other decent EVs) are available immediately. And if you wait to buy an R2 you'll get one with the early production kinks fixed and maybe new hardware. I just don't see it--it isn't 2020 anymore.

I don't think there's going to be a big market for regular consumers to pay premiums especially without Point to Point even released yet. Maybe some teardown firms and OEMs will buy some to understand the cost optimizations. Plus, to benchmark against their upcoming vehicles. That's still a pretty limited market.

derekmw · Wednesday at 2:41 PM

yeah, there's always that person who has money (or maybe doesn't) and wants to be that special kid on the block - the bragging rights to be the first one to have something. If one of them wants to buy ours for $15k markup - take it. I have 3 reservations. lol

Fmc · Saturday at 8:55 AM

Flipping Crazy. Greed gonna greed!
https://www.cars.com/shopping/resul...12&maximum_distance=9999&sort=best_match_desc

mkg3 · Saturday at 10:26 AM

Fmc said:
Flipping Crazy. Greed gonna greed!
https://www.cars.com/shopping/results/?models[]=rivian-r2&makes[]=rivian&zip=70612&maximum_distance=9999&sort=best_match_desc

If someone is willing to be $80K for R2, as the cliche goes, there is a sucker born every minute.

First R2 flip. $20K price premium added

Josh X

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TexasBob

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VegasWeezy

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Hereforthesnacks

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SANZC02

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Josh X

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Hereforthesnacks

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VegasWeezy

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SANZC02

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Lionel_Hutz

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VegasWeezy

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sparked

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derekmw

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Fmc

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mkg3

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