Following a tease final week, Rivian has formally begun leasing the R1T.

The automaker was surprisingly coy on specifics, however famous prospects “now have one other choice to get behind the wheel of a Rivian.” The corporate went on to counsel leasing will solely be accessible for “choose” R1Ts and highlighted a deal for $899 monthly.

That specific lease is for 3 years and 30,000 miles (48,280 km) on an R1T with the Journey Package deal. Rivian stated the deal is sweet till December 31st and “automobile pricing earlier than vendor choices should whole $95,800 comprised of the next automobile choices: Quad Motor AWD, giant battery pack, 21” wheels ($87,000) + premium paint ($2,500) + premium inside ($2,000) + premium wheel ($2,500) + vacation spot payment ($1,800).”

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The lease requires $6,794 due at signing and contains an “upfront capitalized price discount of $7,500 offered by the lessor.” The corporate went on to notice there can be a 30¢ per mile cost for extra mileage, a $495 disposition payment, and attainable expenses for extreme put on on the finish of the lease.

Whereas that’s fairly customary stuff, Rivian has beforehand stated leasing will solely be accessible in “choose states.” Judging by right this moment’s announcement, these states embrace Arizona, California, Colorado, Florida, Georgia, Massachusetts, Michigan, Missouri, New Jersey, New York, Nevada, Pennsylvania, Texas, and Washington.

Rivian famous prospects can go to their web site and enter their zip code to see lease-eligible autos close to them. In Metro Detroit, the location introduced us with estimated lease charges that hovered round $800 and $900. That being stated, pricing varies by choices and tools.

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Screenshots: Michael Gauthier / CarScoops