Official from Rivian: Powered Tonneau Cover now available on select R1T configurations and priced at $500

[R1Tom]

I think they are trying yo lower prices without, um, lowering prices. I don't get it really. There are many configs that price right above the 80,000 tax credit limitation. If they drop the charge for premium paint half the trucks get the tax credit so the customer picks up another $3750 off without Rivian losing anything.

I agree. Probably figure it is a way to incentivize some sales.

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[VSG]

Nice to know that shortage of repair parts is going into new builds instead of fixing what I paid for. /s

I don't think there's a shortage of repair parts. As we all know, Rivian's biggest bottleneck is the service center network - they simply don't have the capacity to adequately deal with repairs and retrofitting. New builds get the PTC installed at the factory, which doesn't delay the production at all.

So I would characterize this as Rivian doing what they can with what they have - no sense in storing all those PTC parts on a pallet in Normal until every single vehicle in the field can be serviced, when they can resume selling some factory builds with the PTC parts on hand.

 

[Sbraab]

This just adds insult to injury for someone who missed the original powered version by a few weeks. I paid more for the crappy manual cover that I’ve already had replaced once and don’t bother to use because its such a hassle and so fragile.

 

[Stepan]

"This vehicle is configured with a powered tonneau cover. In some cases, your vehicle may be delivered without the cover, Rivian service will reach out to you by fall of 2024 to schedule your installation."

I think they are trying yo lower prices without, um, lowering prices. I don't get it really. There are many configs that price right above the 80,000 tax credit limitation. If they drop the charge for premium paint half the trucks get the tax credit so the customer picks up another $3750 off without Rivian losing anything.

There is already stories of people getting premium paint or upgraded wheels, etc for free, so stuff like this is happening.

I think a non-insignificant amount of people were waiting on PTC to pull the trigger, so they tried to say you'll be able to buy it later, now they're putting in the price for the upgrade and promising you'll get it eventually.

I don't think there's a shortage of repair parts. As we all know, Rivian's biggest bottleneck is the service center network - they simply don't have the capacity to adequately deal with repairs and retrofitting. New builds get the PTC installed at the factory, which doesn't delay the production at all.

Your guess goes against the fine print. I can see them having some extra parts, that they can install immediately, but not enough to satisfy perceived demand for PTC on new vehicles.

 

[Golfer04]

There is already stories of people getting premium paint or upgraded wheels, etc for free, so stuff like this is happening.

I think a non-insignificant amount of people were waiting on PTC to pull the trigger, so they tried to say you'll be able to buy it later, now they're putting in the price for the upgrade and promising you'll get it eventually.



Your guess goes against the fine print. I can see them having some extra parts, that they can install immediately, but not enough to satisfy perceived demand for PTC on new vehicles.

Except they have to lower the MSRP to get the tax credit. Maybe that is what they are doing on those deals (they would have to change the Maroney), but post it on the shop price to improve sales. The tax credit isn't based on what you pay it is on MSRP. Believe it or not everyone looking at a vehicle isn't on a board. Most aren't.

 

[DuoRivians]

Is the $500 price effectively a promotion to try to sell more R1Ts?

 

[Rivdog]

The PTC might be cheaper, but many of us got trucks for about $17,000-$20,000 lower than current MSRP. And most probably also have significantly lower interest rates too.

That being said, Rivian should be fixing those who paid for them and haven’t ever been enabled or have been broken. Really no excuse to not prioritize current customers.

 

[swflor]

Build sheet for a 24 R1T with PTC at $500 that left the assembly line 1-2 days ago.

 

[moosehead]

Me thinks they are selling the OG PTC’s for $500. Such a deal.

I kid, I kid. Sorta.

 

[Gorilla5]

Is the $500 price effectively a promotion to try to sell more R1Ts?

powered tonneau for $500. Manual for $1800 and breaks easier. LOL

 

[DuoRivian]

The PTC might be cheaper, but many of us got trucks for about $17,000-$20,000 lower than current MSRP. And most probably also have significantly lower interest rates too.

That being said, Rivian should be fixing those who paid for them and haven’t ever been enabled or have been broken. Really no excuse to not prioritize current customers.

They have been fixing some and this offer is saying people in Q4 can get one installed, that leaves over six months to continue fixing old ones. Everyone should be happy.

 

[iansriv]

Nice to know that shortage of repair parts is going into new builds instead of fixing what I paid for. /s

And it’s f**king cheaper than my 18month broken one! Mother f**ker!

now we know you are Samuel L Jackson! I do hope you get your PT cover fixed quickly.

 

[R1TruKaLa]

I think they are trying to sell some trucks in the shop by offering it for $500. I doubt you will be able to buy it for that in the gear shop for existing owners.

 

[dleewla]

People, it’s a promotion, like the bundled charger and install, the free color or wheel upgrade and now the discounted PTC. They obviously want to move inventory before quarter end and likely also due to upcoming plant shutdown. Once the plant starts up again the R1 line will be refreshed.

 

[jebinc]

How about those who have a truck or are waiting for repairs???

mine gets replaced on Monday. Retrofit kits are readily available now.

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