Sponsored
High Money Factor Gen2 R1S lease
- Thread starter GrzPkWD
- Start date
- Watchers 3
-
- Tags
- lease money factor
Ranho
New Member
Potential new R1S owner considering the lease option. Problem seems to be that the complete lease info isn't available until after you've paid the non-refundable deposit of $500 (ex for payment estimator) Besides downpayment, what's negotiable? Thanks!
Sponsored
GrzPkWD
Member
- Joined
- Jul 9, 2024
- Threads
- 1
- Messages
- 16
- Reaction score
- 11
- Location
- SF Bay Area
- Vehicles
- Tesla Model Y, Volvo XC90
- Thread starter
- #21
Nothing is really negotiable, sadly... The money factor and residual are both set. I tried negotiating both with the delivery team and the guide -- to no effect. Best bet is to scour these forums and look for folks offering a friends/family discount!
Electron
Well-Known Member
Negotiating what? - Refer to the post that I was replying to.
Not with other manufacturers either? - Sure about that?
tjrivian
Well-Known Member
Yes, I'm sure about that. Become a super-supporter of leasehackr.com for $10 and you can see all manufacturer published lease program MF and residuals. Or you can get same information from edmunds.com forums piecemeal. You can't negotiate any better terms than those. Yes, it's possible(maybe even likely) that a dealer will further mark up the MF and/or lower the residual on their own and those could then be negotiated. But you're never going to be able to negotiate anything better than the officially published manufacturer programs.
You could negotiate the selling price as well with a traditional dealer, but I think it's well known that you can't do that with Rivian. Whatever price they offer a vehicle for is available for all.
So I'm not really sure what you think it's even possible to negotiate on a Rivian lease? Once the 4 factors of leasing:1)selling price, 2)MF, 3)residual, and 4)term are fixed(and they're all fixed with Rivian) then the lease payment is fully determined. So my question of "negotiate what?" still stands. Which factor are you proposing to negotiate on with Rivian?
Electron
Well-Known Member
I'm very familiar with leasehackr.com.
Also, I was referring to other manufacturers, not Rivian so you keep assuming something that I didn't reference. Please read carefully. Context is important. I never said that you could with Rivian.
The point is with "other" manufacturers, it's not impossible to negotiate lease terms. Of course this all depends on the market, dealer, and other factors. You made it seem like it's impossible when it's not. Is it common? No. Is it rare? Nowadays yes. But it's not impossible.
The reality is that a lot of dealerships will have some flexibility, especially if you know how to approach the negotiation process. Even though the residual value and the money factor might not be as easy to move as the selling price, it's still possible to get a better deal if you're well prepared and approach the negotiation strategically.
Hope that clears up your confusion.
Sponsored
Last edited:
