Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable. At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. The automaker is taking steps – small ones, to be fair – to make its vehicles more affordable, though, knocking up to $5,000 off some configurations. Oh, and you’ll have to trade in a gas vehicle to get the price cut.

Read more
  • Kwik_Shift_Pro4X What is the term for a car that is not a collector, but just cool enough to own? As in it being interesting and special. Just priced right, but not worthy enough to over value it. Just to have fun with it. This would be similar to owning a Saab 900, a Subaru Brat or Pontiac Fiero. Just something different.
  • Lorenzo It's simple: automakers stopped building enough vehicles that buyers want, while running behind schedule producing vehicles that buyers DON'T want.
  • Lorenzo Well, I guess it would be a good trade-in for a same year Buick Park Avenue with that sweet 3800 V6.
  • Lorenzo People don't want used EVs for the same reason my aunt Harriet never let guys handle food in her kitchen: "You don't know where they've been,"
  • Elvinas Used EV's price is dropping faster because new EV's are way too expensive. They are oveprised by at least 30-50 percent and sometimes even 70-100%. Adding questionable battery lifetime in used EV's results it high price drop.