Is it possible to calculate a lease for an R1S, especially in states where taxes are applied to the sale price? I’m looking to understand the potential monthly payment for a $0 down lease, considering all incentives and promotions.
Is it me or is that lease crazy expensive, especially with a zero money factor. $7500 split by 24 months is over $300 more per month so you’re paying for it regardless of how you slice it. I personally can’t think of a reason to front load that much cash into a lease.
At the end of the day we have to remember that the basics still apply. Unless you get some super duper tax or ev credit, or the vehicle is discounted by 20%, math is still math. You should expect to pay $1000 a month or more on an $85k vehicle. Just make sure you know the true cash value of the transaction and that you’ll not get that down payment back. Maybe lease 3 years so you can discount or buy down the payment for those extra 12 months? Stretch your money further.
all - I have reserved a 2023 R1T Quad/Large Pack with MSRP $82,750.00
Can someone calculate my monthly payment based on a 36 month 12k miles per year (with zero DAS)? The calculator on the website seems way off. Getting $725 plus tax (so Cal).
I am a Rivian emlployee (if you need a referral, you can DM me).
Do you guys think Q4 will have stronger incentives for R1S models?
If so, do you think we’ll see some incentives in October? Or more so in December for the EOQ push?
Also, with the Dual Large being a software locked Max pack, it’s strange that they’re offering bigger incentives on the Max due to the Max Packs not selling as well. One would imagine that they could just flip a sw switch (coding: value from 1 to 0) to make those Max packs into a Large? Unless the VIN registered as a Max can’t be changed or some other logistical reason.
What are the different incentives that they’re offering on Max that they’re not offering on Large? And where do you see that information?
I’m debating doing a lease with ~immediate buyout. If the incentives are on MF or residual then that’s pretty much irrelevant to my plan, but if the incentives are $$discount then it’s important to comprehend before deciding on Max vs. Large.
I was referring to the APR deals on the Max, that’s not offered on the Large.
I believe the 7500 fed and any State incentive go toward the cap cost so that’s a good thing to lower the overall price.
I’m in the same boat with potentially going with a lease and doing a buy out, but you have to wait at least 3 billing cycles or Chase might consider it as a purchase and take away the 7500. It’s still a grey area for a buyout within the first 1-2 months.
Thinking to switch to R1S, the truck is a pain when you’re tight parking space.
They sent me an email offering $3500 discount toward gen2 R1 for my 2022 gen1 trade-in. Carvana offers $52k for my R1T, have anyone done trade-in with Rivian?