F&F Discount Effect on Lease Price

[ArghOneTee]

Hi All,

I was curious if anyone knows how the $6K F&F discount is structured into lease deals. I was told the down payment field in the calculator is not going to provide a realistic impact as the F&F discount is taken off the MSRP of the vehicle, not the amount being financed for the lease.

I'm looking at an R1T Dual Large that's $75K with the calculator estimating $587 with a $6,000 down payment in the "Down Payment" field to simulate the discount. It seems I'm unable to assume the $6K will get me the $587 lease price and that it may be higher?

And is the $1,800 destination fee included in the $75,000 price that is advertised? Or is that going to add another $50 to the lease price once I follow through?

Thanks everyone. I know these questions get answered a lot so I appreciate the patience and help.

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[jjswan33]

As I understand to your second question. The lease prices have the destination charge factored in but the MSRP you see does not.

I can speculate on the first but most likely if the MSRP is 75k and they knock 6k off then your lease is on a $69k vehicle. So if the residual is 60% (guess) then your lease will be $2400 lower over the term. For example this is what someone posted elsewhere:

https://www.rivianforums.com/forum/...se-rates-starting-at-494-mo.27087/post-554642

 

[PunkRockDoc]

I had the same question, and just plunked down a deposit on a lease last week for a 2024 DM R1T with the large pack.

Putting the 6k in the down payment spot will give you a good estimate of the lease price, but does not include the $1800 destination fee or the taxes for whatever state you are in.

For example, my estimate with the 6k down payment was about $75 a month less than the payment ended up with the destination fee and taxes in Connecticut.

 

[RIVEV]

I have F&F referrals available if anyone needs one.

 

[LL75]

https://www.rivianforums.com/forum/threads/leasing-in-texas.30428/

Check out my thread. I just went thru this in Texas

 

[Chunks]

I have F&F referrals available if anyone needs one.

I’m highly considering a Rivian but what scares me is the non refundable deposit without seeing all the numbers. So F&F goes a long way

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