About to take delivery - but should I wait?

[UnsungZero_OldTimeAdMan]

The only current incentive for a dual max battery R1S is a $5,000 leasing credit (and you only get this if you take the upgraded performance package). Am I right that just last month they offered a $6,500 "Endless Adventure Bonus" rebate for this same configuration? If so, that would have been in addition to the $7,500 EV credit. It just seems a bit odd that Rivian would choose to decrease its incentives at the same time the EV credit is disappearing. Is my information correct? If so, I’m thinking I should delay getting the car since I would expect better incentives next month or in December. Anyone have any thoughts?

Why would it be weird if 6500 is best they can do without damaging their balance sheets?? And given dysfunctional government, there’s no telling Rivian would ever see that 7500 credit from Treasury, for every car leased prior to expiration. And whether you should delay, no one can answer that. If anyone could predict the future, with certainty, I’d be asking them for next winning Powerball numbers. If you need a new car now and have the means, do it and never look back. Or, wait indefinitely. And if you've already pulled the trigger, moot to second guess. The deed is done.

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[portdirect]

The company is fighting harder than it ever has for its life right now - the next 9 months are going to be tough. The whole outfit is visibly belt tightening and the days of 'what we loose on each unit, we'll make up for in quantity' are long gone. I'd be surprised to see much better deals coming until the R2 production line at least starts rolling.

 

[emoore]

Actually that’s not correct, I’m taking delivery tomorrow. I was actually just asking an honest question since I’m new to Rivian.

And you are getting an honest answer. No one really knows what incentives will be going forward. You can always wait and see if they are better in November.

 

[tdrew55]

Actually that’s not correct, I’m taking delivery tomorrow. I was actually just asking an honest question since I’m new to Rivian.

Okay.

 

[petemill]

The 2025s have 6500 still. The 2026 only 5000. Once the inventory has cleared maybe it will increase for the 2026. But be ware of the hidden incentive changes when it comes to leases. Looks like the money factor does vary month to month too in order to get more incentives monthly payments.

 

[RMSko]

But be ware of the hidden incentive changes when it comes to leases. Looks like the money factor does vary month to month too in order to get more incentives monthly payments.

The money factor I’m getting is decent (.00017). I was considering putting the maximum down (which was nearly all of the lease payments) but decided against it at the last minute because of both the decent money factor and also the potential risks associated if the car is stolen or totaled.

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