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cohall

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$55k for my R1T LE. Seems pretty fair to me.
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White Shadow

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Has anyone with a leased Rivian checked trade-in value and compared with the residual value according to the lease terms? I'd be curious to see how those figures compare.
 

NY_Rob

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They offered $62,200 for my 2023 R1T Quad/large pack/white interior/20" wheels with only 3,600 miles on the odometer. Paid $75,600 for it in Jan 2023, I did get the full $7.5K Fed tax credit for it so real cost before taxes was $68,100.
 

Davethadog

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These are pretty reasonable prices given what they’re retailing for. I hate to break it to everyone but the days of low supply and inflated prices are long gone and the days of rapid EV depreciation are upon us.
 

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Sgt Beavis

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I see Rivian is still low balling for trade ins.
 

SurfnBike

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Tested this on my old R1T with 13k Forest edge/all terrain package/14 months old = 57k. I'd say that's pretty low but the whole car market and especially EVs with the Tesla-price war has made a major and much needed correction in the last 12 months. About 35% depreciation for a little over a year.

I'm currently looking at extended range lightnings and they can be had used with low miles for 45k.
 

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narmstrong79

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For $#!+$ and giggles i put mine in this morning , just to see. 2024 Dual Motor Performance standard+ with 3k miles, but purchased with a pre-order voucher . Nothing yet.... either way, the Gen 2 equal is too expensive for me now.

Rivian R1T R1S Rivian Trade In Estimator Launched Screenshot 2024-07-12 113610
 

Kunzene

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Only $44,110 for my ‘22 LE R1T - think that makes my decision to trade in for a Gen 2 much easier….
 

RamblinRivian

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I certainly haven't seen dealer pricing reflecting these lows - maybe I need someone who is considering trading in to sell to me.
 
 








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