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Well I pulled the trigger and traded in my 911 for a 2025 R1S Dual Max Performance. Wow! Never looking back!

I’m in the process of leasing a 2025 RS1 and I asked them for the details on the lease. Apparently for this particular Dual Max Performance the money factor is .0031 with a residual value of $68,572 and a purchase price of $108,800. They should be able to give you this information.

Normally I would agree but in this case Rivian is offering $7,500 off the cap cost for leasing, then $3,000 to upgrade to an EV along with reducing the taxes by $3,500 for a trade. $14k off the total is essentially reducing the depreciation it will get hit with. The equity in my trade helps...

And why isn’t the money factor disclosed?

Trying to finalize my lease details and was under the assumption that the $7500 credit and $1000 deposit would be applied to my upfront cost out of pocket but it’s not. Why? And why isn’t there more details about risidual value and total cost before agreeing to terms? This online purchase...

Here is another scenario. I have a car I could trade in. This will fetch about $10k less than if I sold it. However my understanding is that the trade would reduce the taxable value on the new lease, correct?

Guess I’ll be finding something else instead of a Rivian unless I get a friends and family discount to offset the cost. Bummer!

And then you pay taxes again if you want to purchase the vehicle?

I submitted a build for a new 2025 R1S and it’s being delivered in 3 weeks. When I went to fill out the financial portion I was surprised to see that I have to pay taxes up front. Seriously? I have leased my last 4 vehicles and never paid taxes. Is this something new or just Rivian...