New Lease Offer for 2023 models

[bentsauce]

Anyone else see this new offer for 2023 models?

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[Eric85255]

Deals get better every week.

 

[jjswan33]

Cool. this would be great if they started offering leases in OR, id probably replace my R1T with a DM max pack..

Until then great way to clear out unsold 2023 inventory to folks in other states.

 

[Evonly Indishous]

It’s surprising that Rivian finds these increasing discounts a better option over getting leasing going in more states.

 

[Drathen]

Wow, very enticing... I'm renting an RT1 for a few days next week for a short road trip to see how my wife and I like it. If all is good I may be leasing one within the next few weeks... hopefully there will still be some 2023's left with this deal!

 

[bakk0020]

I’ve been watching the lease prices for a couple months and finally pulled the trigger last night on a 2023 Quad Motor R1S. I’m very excited!

 

[Drathen]

I’ve been watching the lease prices for a couple months and finally pulled the trigger last night on a 2023 Quad Motor R1S. I’m very excited!

Congrats! Were you able to take advantage of the new lease offer for 2023 models? If so would you mind sharing how much of a discount you received?

 

[bakk0020]

Congrats! Were you able to take advantage of the new lease offer for 2023 models? If so would you mind sharing how much of a discount you received?

There weren’t any special discounts listed beyond the $7500 EV credit, however, the monthly payment was somewhere around $70 cheaper compared to the exact same 2024 model.

I was thinking I’d end up with a dual motor, but recently the quad lease numbers have gone down significantly. I don’t need something that fast or nor do I off-road, but heck I’ll take the top of the line model for cheaper. The yellow accents are nice too IMO.

I’m waiting for my insurance before I can sign the contract, but all other paperwork is complete and I already have a delivery date of 3/27. I imagine once I’m able to do the contract, I’ll be able to see the residual and any additional discounts in the lease. Right now I only see the 7,500.

 

[R1v1anNoob]

I wonder if they’ll honor this new pricing for me. I take delivery on an R1S next week.

 

[SeaGeo]

It’s surprising that Rivian finds these increasing discounts a better option over getting leasing going in more states.

They've been working on it. They added more recently.

 

[SeaGeo]

Cool. this would be great if they started offering leases in OR, id probably replace my R1T with a DM max pack..

Until then great way to clear out unsold 2023 inventory to folks in other states.

Don't worry, they seem focused on pushing the quad motor inventory out the door.

 

[Bs87]

Don't worry, they seem focused on pushing the quad motor inventory out the door.

yes I just recently changed from a dual/standard + to a quad / large. I was given a discount and told the leasing is way better on quads right now

 

[Drathen]

I’m waiting for my insurance before I can sign the contract, but all other paperwork is complete and I already have a delivery date of 3/27. I imagine once I’m able to do the contract, I’ll be able to see the residual and any additional discounts in the lease. Right now I only see the 7,500.

Thanks for the information. You are not able to view the contract until you have all necessary paperwork, including proof of insurance? Do you have any general thoughts or advice with regards to the leasing process?

 

[bakk0020]

Thanks for the information. You are not able to view the contract until you have all necessary paperwork, including proof of insurance? Do you have any general thoughts or advice with regards to the leasing process?

I stand corrected. I eventually was able to see my contract and general terms without my proof of my insurance. Maybe it just needed some time for things to process. I cannot find anywhere where it states the residuals or any detailed info on the lease terms/discounts other than the 7,500 EV credit. Could be me or I missed it in the process when applying for financing. Regardless, it was very smooth and easy. I am very satisfied with the process.

 

[VegasWeezy]

I stand corrected. I eventually was able to see my contract and general terms without my proof of my insurance. Maybe it just needed some time for things to process. I cannot find anywhere where it states the residuals or any detailed info on the lease terms/discounts other than the 7,500 EV credit. Could be me or I missed it in the process when applying for financing. Regardless, it was very smooth and easy. I am very satisfied with the process.

How do you agree to a deal without knowing the residual or any detailed info on the lease terms?

Having a monthly payment number and down payment figure doesn’t mean much without the residual or without the info needed to figure out the interest rate they’re charging you.

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