- Rivian offers up to $6,000 off, but qualifying for the discount requires a few steps.
- Trade-ins aren’t required, but you’ll need a trade-in estimate to unlock the discounts.
- Orders must be placed by March 31, with delivery required before the deadline ends.
Rivian is aiming to persuade hybrid and ICE vehicle owners to make the leap to one of its EVs. To sweeten the deal, it’s offering discounts of up to $6,000, but like most deals, there’s a catch. It’s not as simple as just walking into a Rivian dealership and driving away. You’ll have to jump through a few (admittedly minor) hoops to snag those savings.
The Discount Breakdown
For those looking to get into the R1T or R1S with the Dual motor configuration and Max battery pack, the starting discounts are $3,000 in the U.S. or C$4,300 in Canada. Want a little more power? If you’re eyeing the Dual motor with Max battery and the Performance Upgrade, you can snag a discount of up to $4,500 in the U.S. or C$6,500 in Canada.
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But the real sweet spot comes with the Tri-motor models, where the discounts are maxed out at $6,000 in the U.S. and C$8,600 in Canada.
How to Qualify
To get these savings, Rivian says you need to request a trade-in estimate for your current vehicle, though you don’t actually have to trade it in. The catch? You have to place a new order for an eligible R1 model through Rivian’s online store between January 21 and March 31, and take delivery of the vehicle on or before March 31. So, yes, not much time to think this one through. And just to add a few more conditions, demo vehicles, pre-owned vehicles, and custom builds are not eligible for discounts.
The Price of Entry
If you’re looking to actually buy one of these discounted vehicles, you’ll need to dig deep into your pockets. You see, while there are plenty of eligible R1S and R1T models available now through Rivian’s inventory, they are all relatively high-spec models, none of them are cheap.
The least-expensive R1S models we’ve found are a pair of R1S Dual motor models with the Max battery, each priced at $89,900, or available to lease for an estimated $1,099 per month. Depending on where you live, Rivian may have to charge a transfer fee of $350 or $800 to transport the selected vehicle to a nearby retailer.
Prices for eligible R1T Dual models also start at around $90,000. If you’ve got your eye on the Tri-motor version, be prepared to fork out more—prices in inventory range from $100,900 to $111,300 for the highest-priced models.
In other words, Rivian’s discounts might look enticing, but you’ll still be spending a pretty penny to take one of these EVs home. Still, for those itching to switch to an electric vehicle, the savings might be worth the leap, provided you’re okay with the price tag and the tight deadlines.
