June 16, 2024
Electric & Hybrid Cars

Rivian slashes prices on current inventory before release of 2025 R1 models

Rivian’s upcoming 2025 R1 models are expected to be announced at the company’s investor day next month. In preparation for this launch, Rivian is offering significant discounts on existing inventory of the R1T and R1S models from the 2023 and 2024 model years in the U.S. and Canada. Popular options are being discounted or made free to help clear out dealer lots before the new models arrive.

For example, the 2023 R1T in the U.S. is currently listed at $86,000 before taxes, with savings on options like the Performance Dual-Motor and Max battery. Similarly, discounts are available on the R1S model as well, with greater savings on certain options compared to the R1T.

  • 2023/2024 R1S Quad-Motor Upgrade: $6,000 ($2,000)
  • 2023/2024 R1S Large Battery: $7,100 ($2,000)
  • 2023/2024 R1S Max Battery: $15,100 ($4,000)
  • 2023 R1T Performance Dual-Motor: Free ($5,000)
  • 2023 R1T Large Battery: $5,100 ($4,000)
  • 2024 R1T Large Battery: (Dual-Motor) $3,100 ($6,000)
  • 2024 R1T Large Battery (Performance Dual-Motor and Quad-Motor): $5,100 ($4,000)

Rivian is also offering additional discounts to new-build buyers, including an Employee Discount offer and an Electric Upgrade Offer for trade-ins of certain ICE-powered vehicles. These additional savings can amount to over $20,000 off the purchase price of a Rivian vehicle.

FAQ

1. Are these discounts available for all Rivian models?

These discounts are currently available for select 2023 and 2024 R1T and R1S models in the U.S. and Canada.

2. How long will these discounts be available?

The availability of these discounts may vary and is subject to change at any time. It is recommended to check the Rivian website for the most up-to-date information.

Conclusion

With significant discounts on existing inventory and additional savings for new-build buyers, now is a great time to purchase a Rivian vehicle. Be sure to take advantage of these offers before they expire!

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