Hi hackrs! I have a question re Rivian leases. Any help is greatly appreciated. My audi lease is ending and I’m looking to get an electric car. loving the Rivians but kinda confused about their calculator.
On their website, the calculator it says “down payment and trade in value” is $7,000"
Applied offers
$7,500 EV lease credit
But fine print is saying “Amount due at signing includes $7,000 capitalized cost reduction (incl. $1,000 deposit), first mo. payment, $895 acquisition fee, and $0 security deposit. Add’l fees due at signing include tax, title, license, registration, and lessor documentation fees. Lessee may not qualify for security deposit waiver. Offer includes upfront capitalized cost reduction of $7,500 provided by lessor.”
Does that mean that includes the EV credit so its not actually 7,000 down out of pocket? I hope that makes sense. Ready to pull the trigger if so 