R1T & R1S Updated Pricing, Configuration, Specs. Dual Motor Now Available

[87Ducks]

Inflation is not 20%. Inflation should and would have been factored into the estimates we were presented with all this time.

Don't know about automotive parts and electronics, but I can tell you the price of building materials is up far more than 20% since December. Of course many of those commodities may crash in a few months also ... or they may keep going up. The supply chain issues are real and most observers thought they would have resolved by now.

That said, I am disappointed as I can't see myself spending $100k on a vehicle, but since the delivery date isn't until next year I may as will keep the RIT on order and see what happens. Don't see any reason to cancel until 100% sure I can find something better.

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[sacramentoelectric]

And if you think the guy before was better, I have some orange make up, some steaks, with a bonus a diploma to sell you. Act now and you can have a giant wall that Mexico will pay for.

*Due to conditions beyond our control we no longer offer integrity or sanity

How do canceled preorders create meaningful movement in production? I don't get it. It reduces backlog I guess but doesn't increase growth. I understand why they raised prices but it seems like a really bad idea to burn all your early adopters. I don't think the stock price is where it is because of Rivian's margins.

 

[Mcdubjr]

No email for me… but page just updated. $76,800 to $92,900. Wow…

 

[kurtlikevonnegut]

Starting to wonder if it's worth it to stick with my original config and pay $15k more but then get the truck this summer with all of the cancellations.....?

 

[SonsofOdin]

My guide contacted me today and told me this price increase does not affect me. And then I got this email confirming that. Looks like Rivian is still on the menu!

Hi Steve,​

You may have heard that Rivian‘s vehicle and option pricing have increased as a result of price inflation of supplier components and raw materials across the world. Since you are in the final steps of completing your transaction, your Rivian preorder will not be affected by these adjustments. We’re grateful to you for being an early supporter of Rivian and look forward to getting your new R1T to you soon. If you have any questions, feel free to reach out to your Guide at any time. — Team Rivian​

 

[E.S.]

I can just see it now ... all those over-hyped YT videos of Rivian's price hikes - "rIvIaN cOsTs ToO mUcH NAO. DEY r da SuXxOrz! GAME OVER FOR DEM!!! ahahahahahahaha" ?

 

[tk21]

They just updated my price on that page

I know it’s only a matter of time for me…they have lost their damn minds…and to do it 10 days before a earnings report? I’m sorry but for a new entrant without established customers and other revenue sources (like servicing already sold vehicles), this is company suicide.

Risk the biscuit to get more of your vehicles on the road and establish yourselves before thinking you can price like you’re Porsche without major blowback.

 

[Riviandog]

This is a significant increase. The email mentions applying to Adventure and Explore packages. Does that mean us Launch Edition holders are safe?

EDIT: Just re-read the email. That comment was regarding the power tonneau. If these prices are what us Launch Edition holders will pay I'm out.

Spoke to customer service. Asked her to let leadership know that this price increase is a slap in the face of early supporters. Myself waiting over 3 years (Nov 2018) and having to put up with delay after delay, and now a price increase with no regards to early pre-order loyalty. Waiting to see a response, I'll cancel both r1s and r1t, If they go thru with price gauging for 2018 res holders. Utterly disappointed.

 

[aAlpine]

Glad I had an Ioniq5 in sight...getting one tomorrow (AWD) at MSRP.

You're going to love it!

 

[ohseedee]

This email literally went out 10 minutes after my mobile test drive event today. i opened my computer to join the forums because after my ~45 min test ride i was all excited about how awesome it was and wanted to join the community. i was sold that this was the next car for me. Now I need to figure out what to do. On the positive side I was not expecting the truck until well into 2023 since I just put in my reservation a couple months ago. But after reading the posts here, sounds like if I still want it I might be able to get it sooner

 

[lefkonj]

a 20% increase is going to be tough to swallow and that is what it looks like. I understand why they are doing it, their costs are going up. Just might not be a slam dunk anymore.

 

[White Shadow]

There is no 80k price cap.

If Biden's bill passes, there will be an $80k price cap. But like I said, it doesn't matter because I'm not buying one anyway. And it doesn't look like Biden's bill will pass anyway.

 

[tk21]

My guide contacted me today and told me this price increase does not affect me. And then I got this email confirming that. Looks like Rivian is still on the menu!

​ ​ Hi Steve,​

​ ​ You may have heard that Rivian‘s vehicle and option pricing have increased as a result of price inflation of supplier components and raw materials across the world. Since you are in the final steps of completing your transaction, your Rivian preorder will not be affected by these adjustments. We’re grateful to you for being an early supporter of Rivian and look forward to getting your new R1T to you soon. If you have any questions, feel free to reach out to your Guide at any time. — Team Rivian​

Rivian needs to do some damage control quick and re-think this for at least LE holders at a minimum. This email to you makes sense…this email should have gone to all preorder holders IMO…

 

[Redline]

The average price of a new car went up 32% since 2018.

This is Rivian's first price increase since 2018 and it's 20%. But y'all are too wrapped up in your Internet-fueled emotions and entitlement to have any notion of rationality left.

The dramatic actors on this site is about as high as any forum I’ve been on. This does not surprise me at all that people here are acting so shocked.

I wouldn’t fault anyone for walking away if you can’t afford it. I’d be willing to guess most that will cancel, were probably already stretching it before the increase.

 

[Friscorays]

7 day return policy!!!

Might be taking a risk counting on them to come through on that one at this point.....

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