R3 pricing to be "noticeably lower" than R2 price - says RJ

[Katsudon]

RJ just confirmed that the R3 pricing will be noticeably lower than the R2's price. Great news for future R3 owners.

I wonder how the R3X pricing will compare then?

Full interview:

Sponsored

 

[Supratachophobia]

Sounds like he's preparing all you R2 owners to drop 70k.....

 

[swhme]

What does this even mean? 59,999 is noticeably lower than 60,000. Noticeable seems like it could describe a very small difference.

 

[AlphaSnowbordergirl]

Not sure how this is news. When it was first announced they were talking 37kish.

 

[CharonPDX]

I don’t know if this is positive about R3, or negative about R2…

 

[BrayBay]

Full interview here:



Notable moments for me:

• Rivian hoping to open a East Coast HQ at the Georgia plant
• R1 autonomy was a "throw-away" platform (this stings!)
• RJ thinks we'll still own our cars in the future, even if they are fully autonomous

 

[mikehmb]

They'll probably have a 30k variant of the R3, with 40k likely being more typical. The R2 is likely to "start" at 45k but easily end up near 60k with range, DM, and options.

But to be honest, I really don't care - I very much want an R3 and am cool with it being in the 40k+ range if it's spec'd properly. And I'm just fine seeing the R3X push well past 50k if it's a rally monster.

 

[BigSkies]

My guess is that the R2's price will be roughly comparable to the Model Y and the R3's price will be roughly comparable to the Model 3. The R3X will be Model 3 Performance comparable.

 

[Hereforthesnacks]

Sounds like he's preparing all you R2 owners to drop 70k.....

This is what I took away lol

 

[Great Gatsby]

I don't see any malicious signs here. "Significant" can be like $5k, which would make sense given what we were previously told about the R2 vs R3. The R3 is smaller, it makes sense for it to be cheaper. Don't think is exactly new information. I think R2 and R3 people are going to be different camps, so I don't foresee anyone wanting an R2 to hold out for an R3 for pricing.

 

[SDH]

Just don't confuse price with value.

 

[sub]

My guess is that the R2 will cost as much as the R1 was originally advertised to be.

And then every year the price will go up significantly.

By the time R3 comes to market the R2 will be so much more expensive than it originally was that the R3 will launch at the same price as the R2 did.

It will be a lot cheaper than the R1 and R2 are at that time. But much more expensive than everyone is hoping.

Every Rivian (R1, R2, and R3) will start out as a $60K vehicle.

For anyone who wasn't paying attention to Rivian back when R1T was announced. It was supposed to be a $60K vehicle.

https://www.prnewswire.com/news-rel...icles-with-debut-of-r1t-pickup-300754994.html

Pricing for the R1T starts at $61,500 after Federal Tax credit. Deliveries will begin in late 2020. Fully-equipped vehicles with the highest performance level and largest battery pack will enter production first. The 180 kWh pack (400+ miles range) and 135 kWh pack will be available at launch, with the base variant (250+ miles range) to follow within 12 months of the start of production.

Rivian is now accepting preorders for a refundable deposit of $1,000.

 

[rodhx]

My guess is the R3/R3X price range will likely be similar to Hyundai Ioniq5/5N. That model is the current most direct competitor set of vehicles.. Depending on specs the R3X could easily be higher than the $68k 5N base though.

R2 seems to be on track to be cost competitive with it's competition, specifically ICE competition in the 4Runner, etc.

 

[kurtlikevonnegut]

My guess is that the R2 will cost as much as the R1 was originally advertised to be.

And then every year the price will go up significantly.

By the time R3 comes to market the R2 will be so much more expensive than it originally was that the R3 will launch at the same price as the R2 did.

It will be a lot cheaper than the R1 and R2 are at that time. But much more expensive than everyone is hoping.

Every Rivian (R1, R2, and R3) will start out as a $60K vehicle.

For anyone who wasn't paying attention to Rivian back when R1T was announced. It was supposed to be a $60K vehicle.

https://www.prnewswire.com/news-rel...icles-with-debut-of-r1t-pickup-300754994.html

This is intellectually dishonest. Your quote specifically says "with the federal tax credit," which was $7,500, so a real cost of $69,000. You can get a new R1T for just over $70k, which is a whopping $1,000 more than your quoted text advertises it for.

 

[Great Gatsby]

This is intellectually dishonest. Your quote specifically says "with the federal tax credit," which was $7,500, so a real cost of $69,000. You can get a new R1T for just over $70k, which is a whopping $1,000 more than your quoted text advertises it for.

I was going to respond as well but couldn't tell if he was trolling or being serious.

Sponsored