Getting ready to drive a Gen 2 Tri - Lease to drive, Lease to buy out, or Buy out right?

[Type_R]

I'm going to buy like I have always done. Thank you!

I'm doing the same, as I ran the numbers and all of my equity I have would be all gone to the lease. Even with the $7,500 federal credit you get for leasing. I more or less, would be upside down in the vehicle if I were to buy it out afterwards. When I loan and use the equity from my trade, I come out @$25-$30k ahead in equity in comparison to leasing for the 2 or 3 years. No go, even if the technology changes. Just means, I can sit on the sidelines and wait a year or two after and get an even better revised version of a Rivian if I so choose to continue owning a Rivian. The other thing is, I keep hearing that the money factor and residual values are higher recently. Which makes it worse. I'm not into just renting and giving my money away. But, to each his own.
Now I understand, why I've never leased any of my vehicles.

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[alaker42]

I can confirm Rivian will not write you a check for the difference on your trade. I ended up selling my car to a dealer at a higher value than Rivian was going to give me for the trade and put the money in a high interest savings to help offset the high MF.