This was my lease deal after paying the deposit: A quad motor variant, MSRP of $89,000, from $896/mo on the website with $1800($0 down payment) due at signing, came out to be $1,016/mo with $5477 due at signing(including the $1000 deposit). The numbers on the website are wrong and misleading. And also, you don't know what the residual value is until you pay the deposit. Oh, and they sold me a 2023 truck for that price(Again, didn't know until I paid the deposit and started the process) in March of 2024. I canceled the purchase and had to dispute the deposit charge on my credit card. I bought a used 2022 fully loaded R1T for $63,500 cash and I'm very happy with the truck. Rivian has been very shady when it comes to these lease deals.
That's a great question that I don't have a specific answer to. But my guess would be that there are consumer protections in place to make sure you don't get screwed over. Hope that helps!
@@RaviWadan yeah those new twin turbo six's are just awesome. So awesome that Toyota is replacing ALL of them. Going to be one of the largest recalls in history.
This was my lease deal after paying the deposit:
A quad motor variant, MSRP of $89,000, from $896/mo on the website with $1800($0 down payment) due at signing, came out to be $1,016/mo with $5477 due at signing(including the $1000 deposit).
The numbers on the website are wrong and misleading.
And also, you don't know what the residual value is until you pay the deposit. Oh, and they sold me a 2023 truck for that price(Again, didn't know until I paid the deposit and started the process) in March of 2024.
I canceled the purchase and had to dispute the deposit charge on my credit card.
I bought a used 2022 fully loaded R1T for $63,500 cash and I'm very happy with the truck. Rivian has been very shady when it comes to these lease deals.
Thanks for sharing your experience - This is good to know!
Trying to lease right now and it’s tough getting someone there in sales to even close with. Great car but painful process.
That’s a shame to hear. You’d think their process would be seamless at this point!
Read my comment.
Does it still make sense to lease of the plan is to buy also? Not sure how much of the lease payment goes towards the actual principle.
How does this calculation work with a Trade-In vehicle?
How does the 6000 employee referral work?
You keep saying $0 down but the calculation includes 6k down didn’t it?
I would lease one but i live in Oklahoma and they don't offer leases on Rivians in this backwards state.
Can you keep the $7500 EV lease credit if after 2-3 months into lease, you decide to buyout the lease and finance.. Is that an option?
Do you know what happens in a lease if Rivian goes away before your lease ends?
That's a great question that I don't have a specific answer to. But my guess would be that there are consumer protections in place to make sure you don't get screwed over. Hope that helps!
Driving toyota almost 300000 miles and savings lots of 💰💰
I bet! Most Toyota's are bullet proof in terms of reliability!
dumbest reply ever.
@@RaviWadan yeah those new twin turbo six's are just awesome. So awesome that Toyota is replacing ALL of them. Going to be one of the largest recalls in history.
is it worth if I don't qualify for the 7500 tax credit?
7500 applies for everyone for lease regardless of price also
Rivan like Tesla are desperate to dump EVs that nobody wants. Lucid is even cheaper. See a trend?