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Whacky idea

Dubs

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Greetings fellow Rivianites!

I got an idea. An awful idea. I had a wonderful, awful idea.

Anyone else considering selling their truck when they get it? Way I see it, there are loads of people with wayyy more money than me here in Austin that either got their order in far later than me… or have no order at all. They just want it, and they want it asap.
With leads times of 6 months to a year, how much do you think a tech millionaire would pay me for a brand new R1S with zero miles? Green paint, ocean coast interior just like the video where they’re snowboarding.
Thoughts?

Whoever gets closest to the actual sales price gets $100 if/when I sell it:)
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Dark-Fx

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There's going to be quite a few people trying to flip their vehicles. My guess is you won't get as much as you are hoping to.
 
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Dubs

Dubs

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There's going to be quite a few people trying to flip their vehicles. My guess is you won't get as much as you are hoping to.
Good point. Especially If they’re able to ramp production and decrease lead times significantly. But, if they struggle to ramp and supply remains low…. with high demand, I think these could sell for a pretty penny.
 

Smithery

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There's going to be quite a few people trying to flip their vehicles. My guess is you won't get as much as you are hoping to.
You haven't taken a look at either the new or used car market lately.

Take both general supply shortage and general high demand, add in "The hot new truck everyone loves and wants"... and I bet LEs are easily gonna flip for $10k-20k over MSRP, if not more.

Not next fall, but in March? April? Yup.
 

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guernsej

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Greetings fellow Rivianites!

I got an idea. An awful idea. I had a wonderful, awful idea.

Anyone else considering selling their truck when they get it? Way I see it, there are loads of people with wayyy more money than me here in Austin that either got their order in far later than me… or have no order at all. They just want it, and they want it asap.
With leads times of 6 months to a year, how much do you think a tech millionaire would pay me for a brand new R1S with zero miles? Green paint, ocean coast interior just like the video where they’re snowboarding.
Thoughts?

Whoever gets closest to the actual sales price gets $100 if/when I sell it:)
If you don't want it, why are you buying it? Arbitraging high demand/low volume goods for personal gain is such a parasitic move.
 

Smithery

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If you don't want it, why are you buying it? Arbitraging high demand/low volume goods for personal gain is such a parasitic move.
Knowing what I know now, I'd go back in time and preorder 3 trucks.
-One Max Pack to keep
-One LE to drive until the Max Pack arrives and then sell
-One LE to immediately flip.

To be quite honest pure capitalism is such a parasitic system.

Hate the game, not the player!
 

ironpig

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This is not a new idea or a “whacky idea”. Everyone is flipping cars right now. Inventory is low and people have money to burn. Rivians will command a premium because they will be hard to get.
 

Temerarius

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May want to check the Pre-order Agreement you agreed to.

...specifically section 14.
 

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guernsej

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Knowing what I know now, I'd go back in time and preorder 3 trucks.
-One Max Pack to keep
-One LE to drive until the Max Pack arrives and then sell
-One LE to immediately flip.

To be quite honest pure capitalism is such a parasitic system.

Hate the game, not the player!
Money is part of life, not the point of life. If your contribution to the supply chain is value extraction, you suck. There's no need to perpetuate shitty behavior just because "hey, it's capitalism."
 

dleewla

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Oh you're definitely going to make cash. There's always some rich fool willing to part with his/her money.
 

Trandall

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If you don't want it, why are you buying it? Arbitraging high demand/low volume goods for personal gain is such a parasitic move.
Interesting take. Did you just call every used car salesman a parasite? I'm assuming he does want the car but would be willing to part with it for someone that values it $30K more than him. Not like is selling $5 bottled water after a wildfire went through. Amazon's business model is literally this getting you crap you want quickly with a markup... way bigger fish to fry than @Dubs.
 

LoneStar

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May want to check the Pre-order Agreement you agreed to.
...specifically section 14.

14. No Resellers; Discontinuation; Cancellation
Rivian and its affiliates may unilaterally cancel any order that we believe has been made with the intent to resell the Vehicle or otherwise has been made in bad faith. Rivian may also cancel your order if a vehicle, product, feature, or option is discontinued after you place your order.
 

Riviot

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Did you just call every used car salesman a parasite?
Rivian R1T R1S Whacky idea IMG_20211211_070537

Having worked with them as a wholesaler, yes. They are parasites. There's a reason I changed from middle-man to direct sales for a flat fee.
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