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Hereforthesnacks

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I assume no one in here is buying a Rivian as an investment. The trade in values are in line with what they should be. Trade in values are not based on emotions or what you think it should be. It’s based on what the market at any point in time dictates and that does fluctuates.
No one buys a mass produced car as an investment.

That being said, retention of value/resale value is a very common factor in car buying. But when buying an EV, especially from a company that may not be solvent in 5 years, you have to go in eyes wide open.
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brooklyn

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$63k for my ‘22 Model S Plaid with 17.7k miles and no FSD. Not bad considering what they are selling them for now but I paid over $115k a little over a year ago before Tesla dropped the price by like $30k a few months later.
 

africonda

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70,145 for my 2024 quad motor r1s white with ppf and only 3300 miles hahahahahha laughable
 

Scoiatael

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45980 for my F150 Lightning with 4500 miles lol
 

Kylechoffman

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I played with it just for the hell of it on my three vehicles:

2018 Model 3 - 8k lower than average price for comparable vehicle
2024 Model Y - 8K lower as well
2006 XC90 - 3K lower
 

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aybaybay99

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yah, after finally getting my trade value I agree.
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And eventually they reached out directly. Feels desperate, IMO.

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What is a reasonable trade in for this car? I'm curious I can't imagine what the market would be for a Fisker Ocean right now
 

Swezey

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$38k for my wife's 21' GLC AMG 43 w/ 42k miles.... Talk about low ballin mofos
 

Hilbe

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Following up. The tool was just updated and relaunched this morning.

 

SASSquatch

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I say it all depends. That isn’t the case with our ICE and EV. Our 23’ Jeep Grand Cherokee MSRP was $76k now has a trade-in value of $42k (55% diff). Our 22’ R1 MSRP was $93 now has a trade-in value of $55k (59% diff).
The only thing you've proven here is that you should never buy a Jeep. :cool:
 

jaxrivian

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My 2023 R1S trade value is $65k. What happens if I lease a new 2024 R1S?
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