Monthly Leasing & Financing Offers / Incentives (R2, R1S, R1T)

[ribuck97]

Will post analysis summary of leasing and financing deals on vehicles here. All rates will assume excellent credit and leases will be based on 3 year, 30k miles. In most cases, subtract 1% for 36k miles and 3% for 45k miles off the residual amount.

Price analysis is based on existing inventory only as most offers state delivery must occur prior to the end of the month.

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[ribuck97]

June 2026 Offers

 

[drivejoule]

Fantastic, clean breakdown. Really glad you were able to get a stickied thread created for the evolving monthly offers and incentives. The best month-over-month improvements appear to be in the APR rates, whereas the lease rates overall appear worse than last month, sadly. Last month was an OK time to lease a Dual Standard - not anymore it seems.

I hope it is OK to share my own analyses compared with last month's. My figures are very similar to yours with some slight differences in residual value and money factor. I reckon this is due to differences in how destination fee is handled. It took me a lot of tinkering but my suspicion is that Rivian displays the vehicle price (not the MSRP, i.e. excluding the destination fee), BUT when they spit out a monthly lease rate, it includes the destination fee. Once you account for that, you'll see their residual values are actually clean, whole integers. Additionally, to my understanding, the buyer cap cost reduction is not necessary to obtain the lease APR. (It sometimes might be for a loan APR, however). With all that aside, I wanted to share some numbers. These estimates assume $0 down, destination fee included, acquisition fee/taxes and all other fees/deposits excluded, and all inventory eligible bonuses included:

June:

Compared with May:

Feel free to play with the numbers and compare with April etc on this lease tracker. You can see essentially every trim is leasing worse compared to last month - the Dual Standard significantly so. Digesting the lease rates and the total cost of ownership compared between leasing vs financing, here are my takeaways for this month:

R1S:

• Recommend financing an inventory DLP or DMP at one of the promotional rates with the $1,000 price reduction.
• If dead-set on leasing, the DLP or DS are your best bets, but worse value compared to financing

R1T:

• Recommend financing an inventory DLP or DMP at one of the promotional rates with the $1,000 price reduction.
• Don't recommend leasing an R1T this month, period

Eagerly awaiting for June 9th to hear about the R2's (almost assuredly horrible, at least at launch) leasing/financing structure!

 

[ribuck97]

Update to include R2 Performance lease and financing:

 

[NJRS1New]

awful numbers on R2.

 

[UKLXA]

Rivian has thousands of rabid buyers so they can name the termsR2 buyers are caught by the balls.

 

[ribuck97]

Trend Analysis:

R1 - Residuals down and APR up. Worst case. Increase in inventory incentives on some Dual/Tri
R2 - Slightly lower residual and APR down. Same payment

 

[Count Orlok]

only financing offers/incentives? what about cash? also FWIW Rivian just told The Count "select R1" vehicles have .99% APR.

 

[ribuck97]

only financing offers/incentives? what about cash? also FWIW Rivian just told The Count "select R1" vehicles have .99% APR.

Why yes…. YESTERDAY was 6/30. June incentives good through delivery on 6/30, was 0.99%

 

[Count Orlok]

Why yes…. YESTERDAY was 6/30. June incentives good through delivery on 6/30, was 0.99%

makes sense. When you're retired like The Count every day is June.

Would still like to see cash offers tracked. There some "$500" incentive on the website.

The cash for lease is worthless for people in many states or for people who don't rent cars.

 

[ribuck97]

A few changes for offers:

Order any new R1S or R1T between July 23, 2026 and July 27, 2026 and take delivery by August 31, 2026 and get a $1,000 discount to the vehicle price applied to your order.

R1 Tri financing reduction across the board to 0.99/0.99/1.49/2.99 through 7/31 and taking delivery by 8/31

 

[thrillseeker1234]

Update to include R2 Performance lease and financing:

How do you expect to have more people ordering the R2 if the offer for financing/leasing is this bad?

 

[VandalSibs]

How do you expect to have more people ordering the R2 if the offer for financing/leasing is this bad?

Rivian doesn't have it's own financial arm like GM or Ford does - the leases are thru Chase, and in the end they get to set the terms.

 

[Jonger1150]

That 10% lease rate is going to lower sale conversions BIG TIME.

 

[Jonger1150]

A 3% lease would take a $829 payment down to rough $557 payment.

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