Rivian Depreciation Is Brutal! (Used R1T)
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- Опубликовано: 17 окт 2024
- Today I drive and review a used Rivian R1T!
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Main reason why I haven't got rid of my R1T yet... bought for 91k... now worth 54k a year later. It's fine... everything is fine.
😂😂
Lmao well you was an idiot for buying any car new so hold that L 😂
Wow....that's crazy depreciation.
Don't worry. It's gonna be a relic soon. Rivian is going out of business soon. Their Stock price is Dead.
@@NBWDOUGHBOY That's exactly why I'm buying stock. VW just partnered with Rivian. The stock will eventually soar.
This is the only EV I've considered purchasing. Love the idea of a truck with sports car performance! 60K is getting interesting but if these start to move into that 50K or less range it very likely could be my next purchase. Reliability, service, and company longevity is my main concern at the moment with it.
Same here. My neighbor has one and he let me test drive it. Man, it's pretty quality built and very quiet on the road and freeway. Plus it's freaking fast and smooth.
Considering this or a new ford f250
9:00 "Less than $60k"
Thank you. Terrible video.
9 minutes to just say that. Unreal
Yeah, exactly. It’s why I stop subscribing to the guy
$59.9 asking but they were only $75-80k new…Rivian raised prices later on. That was not a $100k truck to the original purchaser
Not terrible for 3 years
Rivian has got their manufacturing on point. Their build quality is far higher than Tesla.
As an owner of a 2013 Tesla Model S. I’m really excited about picking one up in a few years for hopefully less than 40K. Remember for every depreciation situation there’s always a opportunity for somebody.
Thanks Ben! I really enjoy your videos! Especially how you drive all of the trims out there and your comparison videos. Super helpful to people looking for a new vehicle. Also you are one of the few RUclipsrs who almost always shows the payload sticker.
I have a R1T with about 40k miles on it. (Quad motor) I was one of those lucky people who got the old pricing, so I don’t worry too much about the depreciation. Truck has been really reliable to me-mostly driven on road with a few offroad excursions doing fire roads (green and blue). It’s a ton of fun and I really love it and have no plans to sell it anytime soon. I think I’ll just keep piling miles on it and see what happens. I’m fortunate to have a handful of vehicles so, if the Rivian starts becoming unreliable it’s no big deal.
Going to see my son in the lower eastern sierras. There’s 1 Rivian in every 20 cars going up to Mammoth ski area. I kept thinking millions of dollars lost
How about insurance rates with the high cost of replacement parts? Just a thought.
I've had mine for 5 months, so far the absolute best vehicle ive ever owned. If you like the Rivian i say get it, and keep it for a long time, dont worry about resale value. Get the truck because you like it, and you will.
What vehicles did you own though?
@@privettoli 5 mustangs, 1 camaro ( better then all the mustangs) Wrx, 370z, Tesla, Audi S3, 2 dodge dakotas and an s10
No wonder. I can say the same about my vehicles.
Not as brutal as Land Rover's depreciation.
Rivians have been holding their value the best of all EVs if anything, I will most likely tell my uncle to get one next year if they become cheaper
I remember when Hyundai and Kia, we’re not the most reliable at on point. They’ve gotten much better over the last 2 decades.. Rivian is pretty new it will get there. Plus lots of companies out there that will buy the company out of bankruptcy. I say give it 5-10 years. Prices will be fair, and hopefully vehicle quality won’t drop too much.
I got rid of my 2023 Launch edition R1S 8 months later after putting 21,500 miles on it. Got 72k for it at trade-in in March.
Why did you get rid of it if you don't mind
I would also like to know why you got rid of it
The storage tunnel is cool. Camping chairs, pack & play, toolboxes. Lots of uses in there and easier access than the middle of the truck bed.
So, you could buy two F-150s for the purchase price of the Rivian and could buy a 3rd F-150 with the depreciation amount of the Rivian.
The "clampshell" issue with the battery is solved in the second gen. R1T. It has singular battery compartments for easy replacement.
I hope the next generation revamped the suspension system because the suspension system on my 2023 R1S failed the very first day I got it. While proudly showing the car to my friends, a sudden puff of air erupted, and we watched in disbelief as the front of the vehicle dropped so low that the frame nearly touched the front wheels. Rivian towed the car, and it was repaired within a few days.
However, a year and 21,000 miles later, the same issue happened again-this time while driving on the freeway. I had to pull over and fortunately live near a service center in Costa Mesa. The car was towed again, but with this problem recurring within a year, I strongly suspect a significant flaw in the suspension system. I’m relieved this didn’t occur during a mountain ski trip or a desert adventure, as Rivian markets the vehicle for. Now, I hesitate to drive the R1S far from home due to fear of another breakdown.
The vehicle has been sitting at the service center for days without being examined. Despite multiple calls, I’ve only been told that the shop is backed up and they’ll get to it when they can. VERY DISAPPOINTED! Rivian needs to expand its network of service centers to better address the flood of issues reported by its customers.
What I’m noticing is that the base model, two motor vehicles sell used for almost the same price as the top-end 4-motor ones that may have been $25k more new. But the two-motor models seem to hold their value very well
Ex owner is in a tent now😂
Doesn't seem like the depreciation is any worse than an Infiniti QX80 or Nissan Armada.
😂
@@trumpisastump9382 EVs will depreciate much faster. The Infiniti QX80 doesn't have a battery that costs 40-50k to replace.
No Rivian battery costs 40 to 50k you dunk. Its 18k and by the time you need a new battery that Infiniti would have fallen apart and been through 3 transmissions costing you way more then 18k
@@mattryan94443 full transmission rebuilds are probably around the same price as a new battery honestly
The anomaly was the crazy “sell it for more than you bought it for” days of 2022 . Depreciation on cars is normal. I’ll keep my R1T until I get the R3X and maybe even keep both.
I love the gear tunnel, I wish every truck had one
Just bought a '22 launch edition for 53k. It's beautiful and a great value used.
How many miles on it?
@grantgormann678 it had 52,000 miles on it. High mileage for the age, but it was babied.
15-20k deprecation in 3 years is not bad. I want to get the suv version.
Hey, I drove that yesterday! I tried to use the window washer and discovered that the wipers are very broken.
Cars typically have terrible depreciation. The only time they didn't was during Covid. When I buy a new car I plan on it being basically worthless when I'm done with it, and that's worked out fine with my Subaru after 180K and now my Ram truck currently at 145K and rolling. All these people that save money by not buying anything new, where is their pile of money that they saved?
So sum it up. They’re expensive in every possible known aspects. Owners are slowly seeing and feeling the effects.
With Rivian it's not the warranty but how much longer will the company be in existence.
VW just put $5 billion into Rivian. They'll be around for a bit.
@@lumberjeff0That doesn't mean anything.
The company will replace Ford eventually or get bought by em.
@@xtremecoastlol. Rivian isn’t replacing ford. Ford is massive
They are backed by Amazon, and now a partnership with VW, I dont see them going anywhere, they are doing too many things right. If anything they will be bought out by VW or another company.
good luck getting it repaired!!
Compared to ICE pickups of the same as new price range, how do depreciation figures compare?
R1Ts went up to 125-130k at one point and now down to 50-60k. A 100k diesel truck will still sell for 80-90k.
That R1T was 75-80 new @@BenHardyCars
Nobody should take points from Landrover. They make some of the worst garbage on the market.
They do great things though, some things are just finicky.
If I could get one for 25k I might would do it. I think this vehicle could be a collectors item one day.
I just saw a Rs1 with quad motor and with only 9k miles for $77k at our local dealer.
Forgot, it’s a 2024, so technically new.
Buying any car brand new makes you an idiot or you have more money then common sense.
I'm guessing a lot of idiots have to buy vehicles new so that other idiots can buy them used.😂
60k is no way inexpensive. Next year it will be in low 40k if not in $30k.
Hoping get a 2026 R2 in 2029 when a lease is up. Wishing to get a bigger battery, dual motor with the changing glass and AWD package for around 40-45k as specing one new will easily be over 50k and not a wise choice for me.
Rivian won’t be around. Don’t get your hopes up.
It would have a more miles, but it spent too much time on a charger to rack up more miles than that.
Don’t knock it! I am waiting for them to get down to my price range!!!👍
The R1T is the EV I've been most excited about, even with the ugly front end.
@@RedWingsninetyone An 835 HP Toyota Tacoma! What’s not to love? And yah I could do without those pill capsule front lights. Oh well.
Fisker Ocean has entered the chat 😂
hoping to pick one up once the refresh is out for r1t. should go even lower
Gen 2 came out. Gen 1's are worth crap
Rivian prices are ridiculous. They can’t sell.
man he hates digging around trunks
I will wait until 40k.
@@aymanlockhartable the battery will be useless at 40k
@@xtremecoast battery has a waaranty 8 years/120k miles
Most people bought this exact spec with preorder voucher for around $75K. The depreciation is pretty normal.
EVs have worst trade in value are should not be bought but leased
Sorry wife and kids I BOUGHT A RIVIAN AND WE HAVE TO LIVE IN IT.....I'TS COZY!!!!
Clickbait title. There are 1000 other review videos out there.
Raptor or Ram or Tacoma or GMC , Shelby 150 or Silverado no comparison rivan 👎🏼
For an 85k truck it better have heated rear seats
my 2023 R1T was 100k 10 months later with 10,780 miles they gave me 55k for my trade in.
Why did you trade in?
@@Anthony-jo7up pretty normal for me to get a new car every year I get bored, great truck I had no issues with it.
@@Xasukis Thanks.
Their leases are for two and three years, so keeping it less than a year is probably part of that depreciation.
@@Xasukis Why didnt you do a short term lease?
2025 fully loaded is under 80k
Cool truck for rivian eclectic
1:40 It's H/T tires, which mean "Highway Terrain", but not an All Terrain
an EV is similar to a cell phone - who wants a phone/tech that is 4 years old? Between the insurance and the difficulty in getting service, I can't see buying one.
Its all going to collapse. I was a first gen EV adopter w/ the crap ass leaf. I akin it to a "phase" I sat in a Mustang GT manual and said to myself "IM OUT" I've been back to ICE ever sense and frankly the entire BEV market can kiss my ass.
@@aurorajones8481A Nissan Leaf? They are absolute garbage. That's like driving a Mitsubishi Mirage then deciding you hate anything that uses gas.
Nowadays a 4 year old iPhone isn’t that bad. Hell even an s20 works good for most phone needs
Should buy it for your wife to drive, Ben.
Insurance must be brutal as well
My R1T was cheaper than my 2021 Tahoe
With the exception of the pandemic, show me any vehicle that doesn’t depreciate with time? We got our R1S under the original pricing and plan on keeping it for a very long time.
7:35 I go out of my way to disapprove of the Cyber trucks. On my DUC ill stand up and fart on it in traffic or ill put my hand out in the car and thumbs down the driver. I hate them. Its the only automotive thing ill go out of my way to tell the owner it SUCKS! Could you imagine buying a new car, and being proud of it only to find yourself having such a negative public perception? Id dump it like radioactive waste.
Must be tough, living life so negative. Sorry that someone else owning an electric vehicle, hurts you so much.
Does everything trigger you? Do you need a safe space, snowflake?
Sounds like a lot of pouting and hurt feelings. I'm not CT person either, but living in your feelings like that.. yikes.
🎉👍👍👍🎉
Land Rover is garbage or pig with lipstick. One of the most unreliable overpriced brands. They are nice and luxurious so you can have a comfy place to wait for the tow truck. 😅
Good! I'd love one. 😂
I sat in a rivian at a car show the back seat felt tighter than a Corolla
Here after Rivian Stock died. It's only a matter of time before they go out of business.
Why buy rivian buy a corvette.
The Dyson headlights are a deal-breaker always have been...
As an owner of a 2013 Tesla Model S. I’m really excited about picking one up in a few years for hopefully less than 40K. Remember for every depreciation situation there’s always a opportunity for somebody.