2023 Rivian R1T/S price hike coming?

[bd5400]

What changes were made to the Lightning for 2023 MY?

Well, for starters, they changed the price….

Sponsored

 

[jjswan33]

Keep in mind also that they already increased the price $2k on the quad motor.

 

[DJG]

if I were RJ, I’d announce that there will be a price increase for new orders placed after 1/1/23 (or sooner).

There's no need to do that, because people have already been told that since May, your price is whatever Rivian says it is at time of production/delivery. If Rivian raises prices tomorrow, everyone with a reservation since May of this year will pay that price (unless they raise it again before you take delivery). Everyone before May has their price.

 

[moosetags]

Hey R.J, I'm still here with an order from Nov. 28, 2018 and a 2024 delivery estimate because I do not live a "correct" part of the country. Am I to pay more for my R1T than folks who ordered three years after me????? That goes beyond unfair.

Brian

 

[DJG]

Hey R.J. I'm still here with an order from Nov. 28, 2018 and a 2024 delivery estimate because I do not live the a "correct" part of the country. Am I to pay more for my R1T than folks who ordered three years after me????? That goes beyond unfair.

Brian

Wait, what?? Not following how in any scenario that would be the case. Regardless, your price is safe, I don't think there is any doubt about that. Now, what you receive in return for that price......that's still fluid.

 

[frostbit3]

You don't really specify who you are referring to regarding who would be getting price increases. Everyone falls into three categories:

1. Pre March 1: These are locked and they aren't changing. They will manage margins through cutting costs, but they aren't touching this one again. They even just said on the call about how these orders affect margins in the near term. These are locked.

2. Between March 1 and May (?): Pre-orders locked in at the post March price increase. They haven't specifically addressed just how locked these are, but given the change in May, I would assume they are also locked.

3. May 2022 and forward: These are "reservations" and they have no pricing associated with them, so technically they can't have a price increase, there's just "the price" at time of delivery.

So, yes, prices will forever be dynamic and change as needed, but the only group that will impact is Group #3.

I'm in group 2 and there was a recent price increase on the quad motor went up from 6K to 8K but my configuration still shows 6K so i'm hoping mine is locked in as well.

 

[mini2nut]

Well, for starters, they changed the price….

2023 Lightning: Ever so slightly longer range and Ford now charges $500 for the charging cord that came standard on the 2022.

 

[DJG]

I'm in group 2 and there was a recent price increase on the quad motor went up from 6K to 8K but my configuration still shows 6K so i'm hoping mine is locked in as well.

Yep. I think 1 and 2 are locked at what their account shows, 3 will be told what it costs when the time comes.

 

[DB-EV]

You don't really specify who you are referring to regarding who would be getting price increases. Everyone falls into three categories:

1. Pre March 1: These are locked and they aren't changing. They will manage margins through cutting costs, but they aren't touching this one again. They even just said on the call about how these orders affect margins in the near term. These are locked.

2. Between March 1 and May (?): Pre-orders locked in at the post March price increase. They haven't specifically addressed just how locked these are, but given the change in May, I would assume they are also locked.

3. May 2022 and forward: These are "reservations" and they have no pricing associated with them, so technically they can't have a price increase, there's just "the price" at time of delivery.

So, yes, prices will forever be dynamic and change as needed, but the only group that will impact is Group #3.

I am getting worried that my old LE R1s may just get thrown completely to the back to sendoff higher margin vehicles . . . . So much for their early preorder holders.

 

[Count Orlok]

I would gladly pay the current price if it meant I got my R1S configured the way I want.

 

[sub]

No way they would try raising prices on pre march orders. After trying it and then taking it back the PR hit from trying again would be terrible. On post-march orders, yea, they will raise the price at least once a year - forever.

Since they can't raise prices on older orders, they will just continue to remove features. At some point we might prefer that they just raised the price. Like when they realize they can save nearly 1K by switching to chinese no-name tires.

 

[crashmtb]

I'm just preparing reservations holders like myself who are still waiting to take delivery.

Hoping for the best but preparing for the worst.

Still FUD

 

[dp351]

No way they would try raising prices on pre march orders. After trying it and then taking it back the PR hit from trying again would be terrible. On post-march orders, yea, they will raise the price at least once a year - forever.

Since they can't raise prices on older orders, they will just continue to remove features. At some point we might prefer that they just raised the price. Like when they realize they can save nearly 1K by switching to chinese no-name tires.

They can go ahead and remove the fragile sunroof and replace the fancy electric HVAC vents with good ol mechanical ones on mine.

 

[jebinc]

No way they would try raising prices on pre march orders. After trying it and then taking it back the PR hit from trying again would be terrible. On post-march orders, yea, they will raise the price at least once a year - forever.

Since they can't raise prices on older orders, they will just continue to remove features. At some point we might prefer that they just raised the price. Like when they realize they can save nearly 1K by switching to chinese no-name tires.

Chinese no name tires? WTF?! Real or BS?

 

[jebinc]

Chinese no name tires? WTF?! Real or BS?

Sponsored