Residual for Tri Max vs Quad?!

[sarugby4life]

I am still debating swapping my Dune R1S for a Quad. But I’m seeing that Rivian now shows residual values on their website.

I am seeing residuals for a 36/10 lease on a tri max come to 58% vs 52% for the Quad! Is that really the case? When you factor in incentives, you are paying $25k+ more for the Quad vs the Dune but the residual is 6% less…

That seems CRAZY, with some tri max config worth MORE money than a quad after 3 years…

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[Great Gatsby]

They must know why, but usually it is because the bigger they are, the harder they far - in terms of depreciation. You'll also see the dual hold its value better than the tri. Exciting prospect to buy a used gen2 quad in 3 years for around $66k, but brutal for those buying now knowing how much their vehicle will drop in just a few years.

 

[DuoRivian]

You just got the dune so enjoy that and not switch just months later for a very similar vehicle

 

[mattbrad2]

Both will hold their value much better than that.

 

[mkg3]

My observation about EVs and their price points are that higher priced EVs depreciate more, in terms of percentage, than a lower priced EVs.

Most EVs over $100K (e.g., Taycan,/e-Tron GT, EQS, Q8 e-tron and so on) are hit with roughly 50~60% depreciation just after 2~3 years; whereas, EVs in $40~50K are seeking more typical that of ICE equivalent (~30~40%) for the same period.

With the EV incentives going away, the resale market might improve a bit over the next year but many people I know who don't own an EV equates buying pre-owned EVs to buying yesterday's technology - sort of like buying a used PC.

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