R1S lease details in coming weeks

[R1SFamilyGuy]

Which I've always found comical (stupid) for people making over 300k MFJ who say that's their EV purchase hill to die on.

Hey are you talking about me?

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[Electrified Outdoors]

Could be single folks as they are limited to 150k. The 7500 is double what folks would get if they did qualify anyway as vehicles under 80k are limited to $3,750 on a buy.

I guess that might tilt thing in the favor of leasing vs buying so long as Rivian allows a buyout at the end of the term.

I haven't run the numbers.

 

[rjte84]

Doing a lease would 100% get me off the fence and behind the wheel of an R1S. Not sure how many others are in that boat, but certainly a demand lever pull. And because of the 7500 lease loophole, a lever that's going to keep forever drawing in buyers who's hang up is the tax credit. Which I've always found comical (stupid) for people making over 300k MFJ who say that's their EV purchase hill to die on.

I’m on that boat. I did a test drive for the R1T back in November. Awesome car but the R1S caught my eye and my wife loved it. My Honda Pilot lease is expiring soon and I was thinking about leasing a R1T but if the R1S is coming soon, I’ll rather wait a little bit longer.

 

[Whatever_this_is]

Doing a lease would 100% get me off the fence and behind the wheel of an R1S. Not sure how many others are in that boat, but certainly a demand lever pull. And because of the 7500 lease loophole, a lever that's going to keep forever drawing in buyers who's hang up is the tax credit. Which I've always found comical (stupid) for people making over 300k MFJ who say that's their EV purchase hill to die on.

People who make over 300k tend to be good with money, who knew!

 

[Supratachophobia]

People who make over 300k tend to be good with money, who knew!

7500 is often a rounding error for someone pulling down that much. Add to that the other resources you have access to at that level of income. To use such a small amount as an excuse, IMO, is lame. Besides, there are non-monetary benefits that are ignored when you get hung up in that argument.


But the beauty of it all is everyone has the right to do what they want with their money. And I'm happy about that.

 

[MidnightRivian]

Leasing now available with $7,500 credit included

https://rivian.com/configurations/list?MODEL=R1S

https://www.rivianforums.com/forum/...with-leasing-7-500-tax-credit-included.23379/

 

[rjte84]

Either the residual and/or the MF are juiced up compared to the R1T. Same 94k car, the R1S is ~1,086 monthly (with 1k more of down payment) compared to ~895 with the R1T

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