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Leasing Residual Values
- Thread starter E_Monkey
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- capitalized lease residual
onesoil
Well-Known Member
- First Name
- Sid
- Joined
- Jun 16, 2022
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- Location
- Montpelier VT
- Vehicles
- 2022 Rivian R1T
- Occupation
- Director of Operations at Vermont Compost Company
I just leased two Gen 1 R1Ts for our business—one delivered last month, one that I’m finalizing right now.
Here are the details for the Lease last month:
(Price and residual are in the greye’d area in the background).
I don’t have the finalized lease paperwork for this second lease, but the money factor is even better. We aren’t trading anything, so the monthly payment is higher, but it still seems like a really good deal. The money factor is something like .00036 (equivalent of .864%). I may have these numbers slightly off, since it’s sitting on a pad on my desk at work and I think the money factor had one more digit at the end of it. A great deal any way you look at it.
Here’s what I have so far for the lease I’m currently working on (just finalizing delivery method and then will likely make payment tomorrow, after which I should get more official, finalized lease documentation).
That being said, I think they are almost out of Gen 1 R1Ts, and I believe the employee discount and kickass lease deals only apply to Gen 1 right now.
Here are the details for the Lease last month:
(Price and residual are in the greye’d area in the background).
I don’t have the finalized lease paperwork for this second lease, but the money factor is even better. We aren’t trading anything, so the monthly payment is higher, but it still seems like a really good deal. The money factor is something like .00036 (equivalent of .864%). I may have these numbers slightly off, since it’s sitting on a pad on my desk at work and I think the money factor had one more digit at the end of it. A great deal any way you look at it.
Here’s what I have so far for the lease I’m currently working on (just finalizing delivery method and then will likely make payment tomorrow, after which I should get more official, finalized lease documentation).
That being said, I think they are almost out of Gen 1 R1Ts, and I believe the employee discount and kickass lease deals only apply to Gen 1 right now.
akc5247
Well-Known Member
2024 R1S Dual Motor performance large battery pack, lease started Feb 2024
3 years, 15k miles per year
Residual = ~64k
3 years, 15k miles per year
Residual = ~64k
ArmyRS1
New Member
- First Name
- Mike
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- May 24, 2024
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- Location
- Cincinnati
- Vehicles
- 2024 Rivian R1S
- Occupation
- Sales
2024 R1S Quad lease 5/14/24
3 years 15k miles per year
Residual $60,196.50
MSRP $95,550
3 years 15k miles per year
Residual $60,196.50
MSRP $95,550
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blackheart571
Active Member
Dang....my residual is low compared to these others! Picked up a 23 R1T PDM, Max Pack at the end of May...MSRP $83,500 before all the discounts. A 3 year, 10k miles lease....$555/month. My residual is only $46k.
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