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Sad, but I think I’m out

jprev

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That's a sweet deal where did you score it?
[/QU
Purchased at the Audi dealer in Pasadena. I had been shopping for a while and found a few others in the same price range, but they weren't the Chronos edition that I wanted. Finally saw this one online and after a facetime video viewing, I put down a refundable deposit to hold the car. Turned out it was like new as expected and included free maintenance and an extended warranty. The values at that time may have been depressed because there was a battery recall with no fix in sight, now resolved.
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Hillbilly

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R2 lease doesn't make sense right now. Rivian launched with it, which is surprising, but they have no incentive to make killer lease deals right now because demand is high and supply is low.

I'm planning to buy the R2 then in 2-3 years trade in for either the R3X or the Scout Traveler.

Scout is compelling because of the EREV option. If you've road-tripped in an R1T/R1S you know the DCFC charging is rough because of the size of the battery and poor thermal management leading to mediocre charge curve. Having 500 miles of range and just charging less often is better for long road trips than a BEV like the R1. Perhaps the R2 will have a better charge curve - time will tell.

And the R3X? I'd get it just because it looks bad-ass.
💯 On the road tripping. I already have a full size diesel if needed, but the scout looks like it'll fit the bill. Rivian is just a wee bit too long to charge on road trips.
 

Smlee

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Man I love these threads trying to poke the dragon. I don’t care plan to pick it up as soon as I can to dump my 2022 MYP. if I need to trade it in later on to get lidar or jet pack or whatever the future brings. So be it! Don’t need to leave all my money the kids! yolo!!!!
 

KineticKev

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For every person that says "I'm out," there's another person that says, "I'm in," lol. The cool thing is we all have a choice to buy or not buy what we want or don't want. As far as quality, I think the R2 is great bang for your buck and a nice quality vehicle. I've driven it twice. My only hope is that the long-term reliability is great, which only time can tell (and we can't fully predict from R1S/R1T).
 

DuoRivian

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For every person that says "I'm out," there's another person that says, "I'm in," lol. The cool thing is we all have a choice to buy or not buy what we want or don't want. As far as quality, I think the R2 is great bang for your buck and a nice quality vehicle. I've driven it twice. My only hope is that the long-term reliability is great, which only time can tell (and we can't fully predict from R1S/R1T).
I think for everyone one who says I am out there are ten plus saying I am in - people dropping out seem very rare.
 

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graytag

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There is a lot of really good, and a little not so great, advice in this thread. The reason options exist is that nothing is one size fits all. Personally, I'm planning to lease from a risk mitigation standpoint. As an early adopter of a new product from a young company, I want to see how this goes- from a quality, service, how it holds its value, experience, overall perspective. The lease deal, admittedly, leaves a lot to be desired. I hope I love my R2 and Rivian experience and feel stupid for leasing in a few years but I also don't want to be stuck with a dud, no matter how slight the likelihood.
 

Sgt Beavis

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Those lease rates are a disappointment but I’m not surprised when considering the resale value EVs have seen.

IMO, give it a year. If R2 demand is as high as I think it will be, resale values will be better than decent and leasing payments will drop significantly.
 

Apprunner

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For every person that says "I'm out," there's another person that says, "I'm in," lol. The cool thing is we all have a choice to buy or not buy what we want or don't want. As far as quality, I think the R2 is great bang for your buck and a nice quality vehicle. I've driven it twice. My only hope is that the long-term reliability is great, which only time can tell (and we can't fully predict from R1S/R1T).
Reliability is the primary reason I'm sitting out for now. I do want a Tri-motor but if reliability is still bottom of the barrel in 2 years, I won't go Rivian.
 

maba2366

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Are you keeping up with any car news in the EV sector? The weight of the R2 on the company demands they have to sell r2 in high volume. These numbers do not reflect that.

Ix3 is already selling out and BMW is increasing production. Ex60 is already has thousands of orders.

R2 also has significant preorders and is "sold out" for at least the remainder of the year, none of those cars will initially launch with lease or financing incentives. Those incentives will start when they are needed to sell cars. For Rivian R2 this will probably be mid to late 2027 or early 2028. What exactly is Rivian gaining by incentivizing cars when they have more full price buyers waiting for new cars than they can deliver at the moment?
 

Smlee

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R2 lease doesn't make sense right now. Rivian launched with it, which is surprising, but they have no incentive to make killer lease deals right now because demand is high and supply is low.

I'm planning to buy the R2 then in 2-3 years trade in for either the R3X or the Scout Traveler.

Scout is compelling because of the EREV option. If you've road-tripped in an R1T/R1S you know the DCFC charging is rough because of the size of the battery and poor thermal management leading to mediocre charge curve. Having 500 miles of range and just charging less often is better for long road trips than a BEV like the R1. Perhaps the R2 will have a better charge curve - time will tell.

And the R3X? I'd get it just because it looks bad-ass.
Like how u are thinking!
Reliability is the primary reason I'm sitting out for now. I do want a Tri-motor but if reliability is still bottom of the barrel in 2 years, I won't go Rivian.
do you have a rivian now
With problems?
 

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Ralph

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RJ has said this launch is make or break for Rivian. If that's true, they almost certainly have to roll out better lease incentives once the initial wave of orders clears. Typically, OEMs heavily subsidize EV leases to move inventory, but Rivian is doing the opposite right now. I believe they are banking on die-hard fans paying a massive premium to be first. If demand drops off and they don't lower these rates to stay competitive, I'm selling my stock because they won't survive.
Isn't production around 20,000 vehicles in 2026?

That's not a lot of vehicles. It seems to me, with "surviving" as the metric that they "start" where they have.

But I do agree that they must adjust if demand waivers. They way they have modified lease rates on R1s suggests that they they not only that the company understands this, but has in fact already done it with prior vehicles.
 

mmbmca

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We are losing three R1s in the block. And a few more in the area. Reliability knocked folks out. But maybe that’s a blip.
That's the tough part, I went through buyback for my gen1 R1T and ended up still keeping it for now. My Gen2 R1S is exhibiting similar behavior of pulling to the right after 3 alignments.
 

runwithscissors

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R2 also has significant preorders and is "sold out" for at least the remainder of the year, none of those cars will initially launch with lease or financing incentives. Those incentives will start when they are needed to sell cars. For Rivian R2 this will probably be mid to late 2027 or early 2028. What exactly is Rivian gaining by incentivizing cars when they have more full price buyers waiting for new cars than they can deliver at the moment?
Full price is one thing but 10% interest on a lease is insane especially when Gen 3 could be end of year. I would refuse to lease anything with that rate, especially with excellent credit. It'll be interesting to see how sold out they are when many are looking for the cheap $45k version.
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