Nah, all about clearing inventory. When a new and better model comes out the old stuff is worth less. But they still need to sell it. It's better to sell it for 20% off now, getting rid of OPs coupon than wait until it's officially old stock and they need to give someone 20% off next month (effectively creating a new 20% coupon)
Leasing doesn’t get you the full 20% off the price. So leasing and then buying with the voucher is not a good idea. You get 20% off the amount you pay for the lease.
No chance they have 5+ months worth of vehicles sitting somewhere. I think there is zero chance they will block voucher holders from ordering vehicles manufactured after the shutdown in May. They just don't want to say that because they want to get rid of as many pre-refresh vehicles as possible before the new ones start becoming available in the shop.
What’s the difference between the 2023 and the 2024? Was it really worth it?
You’re eligible for the EV tax incentive as a lease? Huh is that really a thing? I’m contemplating the same thing also it’s not as near of a discount as buying but the car I want now is $1500 financed vs$899 a month with $6k down. Seems like a no brainer.
Awesome thanks good to know. When I was buying outright it was only eligible for partial EV tax credit. And yeah I second they may make a more affordable version but I’m guessing that’s what the restructure is for in Q2 along with their supply chain improvements.You can get the $7,500 EV credit if you lease it. I don't expect Rivian to mark down prices for the Adventure package. I can see them release an Explore edition that will be $3000 cheaper.
Instead what I imagine will happen is Rivian will update their batteries so they're fully eligible for the $7,500 tax credit instead of the $3,750 they're currently eligible for if you purchase it / qualify for it. The combination of full tax credit and explore edition will help Rivian stay competitive in the 7 seater SUV EV market.
Perhaps Rivian has a lot of excess inventory they’re trying to sell?
