Oct 1: Rivian is offering 1.99% rate for 60 month, 2.49% rate for 72 month loans

[DuoRivians]

Now that $7500 tax credit on leases aren’t available, it seems Rivian is incentivizing purchases with low loan rates.

1.99% for 60 months
2.49% for 72 months

I played around with the calculator. It appears you have to put a reasonable minimum sufficient down payment to get these rates. (Or maybe it’s a max borrowing amount)

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[DuoRivians]

Well, I guess Rivian made an error on their website. The 2026 quad max no longer shows these rates.

Only the 2025 models do for 1.99% for 60 months.

And for 2026 models, 3.99% for 60 months.

Bummer for the 2026 models…

 

[VandalSibs]

All of those are still better than the interest rate my local credit union is offering for any car loan, so I'd still consider it a deal. (although there are other, specialized credit unions out there that offer insane rates....)

 

[McLovin]

Looking at 2025 inventory, either they made a successful push at the end to dump inventory, or they're retooling their site. Right now, a simple search for 2025 R1Ts returns only 4 hits:

• 2 Dual Large in Forest Green (one w/ performance, one w/o)
• 2 Dual Large in White (one w/ performance, one w/o)

I'm a bit skeptical, but can only go w/ what they say they have.

What's weird is RivianRoamer shows more available, and no Forest Green (same search parameters: 2025 R1T).

 

[MrMusAddict]

Looking at 2025 inventory, either they made a successful push at the end to dump inventory, or they're retooling their site. Right now, a simple search for 2025 R1Ts returns only 4 hits:

• 2 Dual Large in Forest Green (one w/ performance, one w/o)
• 2 Dual Large in White (one w/ performance, one w/o)

I'm a bit skeptical, but can only go w/ what they say they have.

What's weird is RivianRoamer shows more available, and no Forest Green (same search parameters: 2025 R1T).

Even still, I'm only seeing 15 results on Rivian Roamer for any new 2025 R1T (and clicking some of them says "this vehicle is no longer available"), so best case this is still an extremely exclusive offer.

 

[MrMusAddict]

@Administrator might warrant a rename (2025 inventory), might only be like 20 vehicles eligible, lol

 

[eddysales001]

Looking at 2025 inventory, either they made a successful push at the end to dump inventory, or they're retooling their site. Right now, a simple search for 2025 R1Ts returns only 4 hits:

• 2 Dual Large in Forest Green (one w/ performance, one w/o)
• 2 Dual Large in White (one w/ performance, one w/o)

I'm a bit skeptical, but can only go w/ what they say they have.

What's weird is RivianRoamer shows more available, and no Forest Green (same search parameters: 2025 R1T).

When you see two one with and one without performance they are the same vehicle. They just do the performance upgrade before They deliver it to you

 

[McLovin]

When you see two one with and one without performance they are the same vehicle. They just do the performance upgrade before They deliver it to you

Yeah, I didn't delve too far into the configs of each, but it does look like they're the same, just missing the Performance Package.

 

[McLovin]

So, one thing I'm noticing is that the "Show all options" selection isn't really "Show all options"...it's "Show all options...that match some imaginary boundary based on your zip code".

If I change zip codes for a search, it shows me different vehicles (e.g., change from VA to NY or FL).

 

[Rivian Roamer]

Even still, I'm only seeing 15 results on Rivian Roamer for any new 2025 R1T (and clicking some of them says "this vehicle is no longer available"), so best case this is still an extremely exclusive offer.

Just an FYI. A listing on Rivian and Rivian Roamer is just a listing, not inventory. A given listing could have a quantity of 0 to 10,000, who knows. It's not a direct correlation of inventory levels.

 

[UnsungZero_OldTimeAdMan]

Not bad, but considering today's starting prices for the R1, still not amazing. R2s at 1.99% financing though... things are looking fairly bright IMO (if they can keep QC & service issues at bay).

 

[petemill]

It seems like their lease prices in October are pretty similar to September, at least for the 2025's that they have the $6500 offer on still. So without the $7500 tax credit pass through, the interest rate is at near 0.

According to my calculations, e.g. an R1S Large Perf with darkout, AT, and Sound & Vision packages:
- Order Price = 95600
- Residual = 55572
- Down payment = 0
- Leasing offer = 6500
- Monthly = 993
- Monthly with Tax in CA = 1080

993 * 36 = 35748 cost without tax over the life of the lease
95600 + 1895 (delivery fee) - 6500 (lease offer) - 55572 (residual) = 35423

So it's the equivalent to basically a 0% interest rate loan, especially considering you can purchase and re-sell whenever you want.

In September I saw a few 2025 leases that were around 3.5% interest rate equivalent and most higher, including around 10%.

 

[nyckkr]

It seems like their lease prices in October are pretty similar to September, at least for the 2025's that they have the $6500 offer on still. So without the $7500 tax credit pass through, the interest rate is at near 0.

According to my calculations, e.g. an R1S Large Perf with darkout, AT, and Sound & Vision packages:
- Order Price = 95600
- Residual = 55572
- Down payment = 0
- Leasing offer = 6500
- Monthly = 993
- Monthly with Tax in CA = 1080

993 * 36 = 35748 cost without tax over the life of the lease
95600 + 1895 (delivery fee) - 6500 (lease offer) - 55572 (residual) = 35423

So it's the equivalent to basically a 0% interest rate loan, especially considering you can purchase and re-sell whenever you want.

In September I saw a few 2025 leases that were around 3.5% interest rate equivalent and most higher, including around 10%.

In leased in September, best to do buyout ASAP to limit the savings that get eaten by the interest.

if leased in October, no reason to buyout earlier as the interest is near zero, so can decide at lease expiration.

 

[petemill]

In leased in September, best to do buyout ASAP to limit the savings that get eaten by the interest.

if leased in October, no reason to buyout earlier as the interest is near zero, so can decide at lease expiration.

Probably. Only scenario to buy really is if you think the residual is lower than the market value and you have the cash because in a lease, if the vehicle gets totalled, you don't get the cash from insurance, the lease company does AFAIK.

 

[Time2Roll]

Probably. Only scenario to buy really is if you think the residual is lower than the market value and you have the cash because in a lease, if the vehicle gets totalled, you don't get the cash from insurance, the lease company does AFAIK.

Yes my understanding is the insurance covers cancelling/buyout the lease only if totaled. So if you put $20,000 down on a lease and the vehicle is totaled in the second week there is no repayment of the down payment (capital reduction). Best to go minimum down on a lease as that money is at risk.

Gap insurance is available if desired on a minimum down loan. The negative equity early in the payment schedule will need to be paid if totaled.

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