An e-mail prompt the automaker will supply leases on quad-motor R1T pickups with costs north of $90k
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Roughly 20% of customers lease their car, however that’s not even an possibility at Rivian. Nevertheless, that’s about to alter as the corporate has introduced the “latest strategy to get an R1T.”
Particulars are restricted, however the automaker despatched out an e-mail saying “leasing is coming subsequent week for out there R1T configurations in choose states.” The corporate went on to say would-be patrons can “get all the journey of proudly owning a Rivian with the pliability of leasing.”
Clicking the hyperlink and searching “out there R1T configurations” confirmed quad-motor pickups with costs starting from $92,600 to $94,250. That being stated, the e-mail famous this was a “preview” and “automobiles [are] topic to alter.”
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Extra: Refreshed Rivian R1 Reportedly Arriving In 2024 With New 1,000 HP+ Ascent Trim
Screenshot: Michael Gauthier / CarScoops
Whereas we are able to anticipate to study extra shortly, leasing will present an a variety of benefits to Rivian clients. The largest may very well be the $7,500 federal tax credit score, which has confirmed to be elusive.
Whereas Rivian vans and SUVs are made in America, guidelines for the federal tax credit score say the “car’s producer prompt retail worth (MSRP) can’t exceed $80,000 for vans, sport utility automobiles, and pickup vans.” That’s a problem because the automaker initially targeted on higher-end variants, which carry lofty worth tags.
Nevertheless, because of the magic of the leasing loophole, that downside may go away and permit clients to profit from important financial savings. On the very least, Rivian clients will get a brand new possibility that makes the R1T much more interesting.