Frivolous, Anecdotal Observation

[bfilippo]

Okay, so, as you all likely know because I have belabored the process on here, I am trading in my Tesla for a used Gen1 R1S Quad to go with our Gen2 R1T, and it should be here in the next week, hooray!

I have been following the used and demo availability for R1S over the past 4 months quite closely, utilizing autotempest, rivianroamer, etc to look for every possible available vehicle.

My frivolous, anecdotal observation is that used Rivian's seem to be moving much more quickly and readily through all the channels I have been observing, with a significant uptick post-inauguration.

Does this point to a larger trend and correlate to the declining Tesla sales, etc, unclear, but, I am taking it is a potential positive for Rivian momentum in a volatile time for markets and EV's in general.

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[Riviot]

frivolous, anecdotal

IRT Rivian sales, do you mean:
-Increased used Rivian volume
-More time on used market
-Less time on used market

Anecdotal, my wife's friend's husband recently traded his Model Y in at a random dealership for an R1T.

 

[mpshizzle]

Hard to say with relation to current policy/climate, but I'm guessing it's not strongly correlated to Tesla. The average model 3/y buyer that may be dumping their vehicle is not the demographic that would buy a 60-70k vehicle.

That said, relative to gen 2 pricing they are a FANTASTIC value.

 

[bfilippo]

IRT Rivian sales, do you mean:
-Increased used Rivian volume
-More time on used market
-Less time on used market

Anecdotal, my wife's friend's husband recently traded his Model Y in at a random dealership for an R1T.

Frivolous, anecdotal observation is - less time on used market per vehicle.

 

[MikeWilliams_R1T]

There are also a lot of Gen 1's hitting the two years of ownership mark... time to trade! My guess is there is a lot of used inventory hitting the market.

I think a lot of the first R1 leases will be hitting the used market this year too. I bet there will be some pretty low mileage good deals out there for a while.

 

[Eric_partman]

I think the Tesla slump is a little overblown. The 3 and the Y were by far the best selling EVs in America last year (by an absolutely insane margin) and the Y, which I think was the 3rd or 4th best selling vehicle in America full stop, just had a refresh, so time will tell.

 

[Kunzene]

Hard to say with relation to current policy/climate, but I'm guessing it's not strongly correlated to Tesla. The average model 3/y buyer that may be dumping their vehicle is not the demographic that would buy a 60-70k vehicle.

Maybe not, but I personally know three people who have done exactly that and now own Rivians. On the flip side, I work with someone who just bought a Cybertruck and politics were a factor for him as well. I have no idea how much it’s actually affecting sales for either company, but a few thousand sales for Rivian are certainly more significant for the company than a few thousand for Tesla.

 

[bfilippo]

There are also a lot of Gen 1's hitting the two years of ownership mark... time to trade! My guess is there is a lot of used inventory hitting the market.

I think a lot of the first R1 leases will be hitting the used market this year too. I bet there will be some pretty low mileage good deals out there for a while.

Agreed, but I was specifically tracking R1S used, which would be a bit further behind in the timeline except the absolute first ones delivered. I assume leases are a bit further out for those, as well. I know the one I am getting was one of the first ones produced, VIN: 3XX and it was delivered 10/2022.

 

[Zoidz]

Tesla sales are tanking not just in the US, but in Europe. Tesla is in a downward spiral with the CT not selling anywhere near Tesla's expectations and multiple global and political issues affecting them. IMO if the R2 was available today, sales would be booming with a 6 to 12 month backlog. I have zero evidence to support my opinion....

InsideEV
"Tesla's sales in Europe are tumbling like a kid at gymnastics camp. In February they were down 42% in Sweden, 48% in Norway and—wait for it—76% in Germany. This is not great news for the global EV transition or for Tesla, folks. "

 

[mpshizzle]

Maybe not, but I personally know three people who have done exactly that and now own Rivians. On the flip side, I work with someone who just bought a Cybertruck and politics were a factor for him as well. I have no idea how much it’s actually affecting sales for either company, but a few thousand sales for Rivian are certainly more significant for the company than a few thousand for Tesla.

This is very true. Teslas are so plentiful the difference for them is a drop in the bucket, but for Rivian it's a huge deal

As a side note - I may be a minority here (the Internet sure makes me feel like I am) - but the idea that people feel like they need to own (or not own) certain car brands because of the current political climate seems very silly. I have seen a few people dump their Tesla after less than a year of ownership because of this and get themselves into a bad financial situation as a result. Likewise I've seen someone BUY a Tesla because of the current political climate - likewise putting themselves in a stretched financial situation

 

[Eric_partman]

As a side note - I may be a minority here (the Internet sure makes me feel like I am) - but the idea that people feel like they need to own (or not own) certain car brands because of the current political climate seems very silly. I have seen a few people dump their Tesla after less than a year of ownership because of this and get themselves into a bad financial situation as a result. Likewise I've seen someone BUY a Tesla because of the current political climate - likewise putting themselves in a stretched financial situation

This times 1,000%.

 

[schwartz83]

Frivolous, anecdotal and highly unscientific observation with a very limited data set...hope I've caveated this enough.?

I used to count the number of EVs and brands I saw on my way into work (South Minneapolis to downtown). I stopped doing that because really, who cares. But it did seem that I was seeing fewer Teslas recently so I kept track this week.

For the month of October 2023 I saw an average of 10 EVs with 6 of them being a Tesla. The past couple of days (like I said, limited data) I saw an average of 18 EVs with 7 being a Tesla. So a slightly higher number, but lower percentage.

 

[Rivian Roamer]

A warning that I have to give out almost daily.

Rivian.com and Rivian Roamer are not an indication of inventory. Any "vehicles" you see on either are just a configuration. As in, it's saying "this configuration is available", it may be 0 vehicles, it may be 1,000 vehicles. So, the number does not indicate inventory levels or any movement.

 

[Oldsmobile_Mike]

There are also a lot of Gen 1's hitting the two years of ownership mark... time to trade! My guess is there is a lot of used inventory hitting the market.

This always seemed interesting to me. At two years, mine still feels like a brand new car. Absolutely zero interest in trading. I've always kept everything I owned for much longer than that. Why start all over again with a new payment, etc.?

That said, they also no longer make Forest Edge interior. You can have my Forest Green / Forest Edge R1T on trade when you pry it out of my cold, dead hands. ??

 

[Dark-Fx]

A warning that I have to give out almost daily.

Rivian.com and Rivian Roamer are not an indication of inventory. Any "vehicles" you see on either are just a configuration. As in, it's saying "this configuration is available", it may be 0 vehicles, it may be 1,000 vehicles. So, the number does not indicate inventory levels or any movement.

"it may be 0 vehicles"

0 vehicles available, Estimated delivery in 1 to

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