Market Reality Check: When do Gen 2 Quads drop to double digits?

[JACE]

I’m currently tracking the used market for a Gen 2 R1S Quad-Motor as my current 2025 TriMax lease winds down over the next four months. I’m noticing a handful of units sitting out there in the "teen levels" ($110k–$119k), but from a buyer's perspective, that feels entirely too high for the secondary market right now.

With the R2 delivery wave officially hitting driveways and soaking up mainstream buyer liquidity, the premium R1S market is bound to face a correction. Personally, I see the true sweet spot for a used Gen 2 Quad landing firmly at $96k–$99k by the time we hit the late-fall/winter seasonal slowdown.
For those who have been shopping or tracking recent auction/private sales:

• Are sellers actually getting takers at $114k+, or are those listings just collecting dust?
• Anyone seeing early double-digit gems out there yet?

Curious to hear where the community feels the floor will realistically sit by September/November. Hold the line or buy now?

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[Ecupip]

Barely used R1T Quads were going for much less before gas prices spiked. They should settle down again in a few months. Used Tri's and Quads are overpriced at the moment.

 

[Donald Stanfield]

My trade in price for my tri is in the 70’s the last time I checked and it’s a 2025. These things depreciate fast, unless it’s higher now because gas prices.

 

[Eric9610]

I actually expect the opposite. Once R2 is underway and selling at a clip to maintain profits the R1 will increase price to become profitable out the door. I can see the quad and tri getting a $20k increase along with 10-15k on the DM.

 

[RivAW]

I actually expect the opposite. Once R2 is underway and selling at a clip to maintain profits the R1 will increase price to become profitable out the door. I can see the quad and tri getting a $20k increase along with 10-15k on the DM.

That would price them right out of business or to the point there is such a lack of interest that they are discontinued like the Telsa X and S

 

[JACE]

My trade in price for my tri is in the 70’s the last time I checked and it’s a 2025. These things depreciate fast, unless it’s higher now because gas prices.

I had Rivian provide me a trade-in estimate for my current leased Storm Blue/Slate Sky 2025 TriMax with 14,823 miles, they offered $79,280

 

[Eric9610]

That would price them right out of business or to the point there is such a lack of interest that they are discontinued like the Telsa X and S

Selling R1's right now make Rivian $0 and actually they lose about $23k per R1 produced. So, your comments are the opposite. Once they hit cash flow positive and can survive without losses from the R2 expect major changes to pricing on the R1. It will not be acceptable for the R1 to continue to lose money so they either will kill it or increase price to make it profitable. Those are the only 2 options Rivian has. The R1 price is low now due to no alternative product. That has now changed with the R2.

 

[forestwalker]

Selling R1's right now make Rivian $0 and actually they lose about $23k per R1 produced. So, your comments are the opposite. Once they hit cash flow positive and can survive without losses from the R2 expect major changes to pricing on the R1. It will not be acceptable for the R1 to continue to lose money so they either will kill it or increase price to make it profitable. Those are the only 2 options Rivian has. The R1 price is low now due to no alternative product. That has now changed with the R2.

RJ has repeatedly reinforced the notion that R1 will remain the flagship model. That being said, it will definitely be interesting to see how the price of them adjusts based on the type of success/failure the R2 brings to bottom line. Does R2 success mean Rivian is ok eating poo on the R1, or does it give them enough breathing room to crank up the R1 pricing and be ok selling fewer of them. I could see it go either way.

 

[Donald Stanfield]

I had Rivian provide me a trade-in estimate for my current leased Storm Blue/Slate Sky 2025 TriMax with 14,823 miles, they offered $79,280

That’s in line with what I was seeing. I have more miles on mine but the same spec.

 

[JACE]

That’s in line with what I was seeing. I have more miles on mine but the same spec.

my residual is $81,828 (24 mo lease)
4 mos to go.

 

[Donald Stanfield]

my residual is $81,828 (24 mo lease)
4 mos to go.

Lease was a good call for you then.

 

[Tejkalra]

I had Rivian provide me a trade-in estimate for my current leased Storm Blue/Slate Sky 2025 TriMax with 14,823 miles, they offered $79,280

For my R1T 2025 TM with 19000. Only 70000. Rejected the offer.

 

[Electron]

I actually think the best thing that could happen for R1 pricing is for the R2 to be wildly successful. I'm sure we'd all agree.

If Rivian can sell the R2 at high volume and achieve strong profitability, they won't need the R1 to be a volume seller anymore. The R1 can then evolve into more of a premium flagship product, which could support higher prices and stronger resale values. For us Gen 2 R1 owners, we'll take it!

The future of R1 pricing is tied less to the R1 itself and more to whether the R2 can deliver the scale and profits Rivian needs.

As for the Gen2 Quad hitting >99K, I think by the end or this year it's possible to see it break out if the 100s. My best guess would be low 100s. However, it would likely have more miles so it's a toss up.

Buy now for 100-mid teens with less miles and enjoy for ~15k more -or- wait it out and be okay with (5-10k) more miles, potential wear & tear etc., for ~15k less.

 

[ndmiller]

R1's are their flagship vehicle, not designed to be volume driver now that R2 actually exists.

R1 new prices will go up like everything else in life making used look more affordable at the same price. Don't expect some used price drop anytime soon with current macros economic conditions.

Vehicles over $100K will always sell just not to the main stream buyer.

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