Rivian Drops Lease Prices: R1T & R1S Now $799/Month – R2 Launch Speculation Heats Up
Hey everyone, DennisCW here! Rivian just hit us with some killer deals right at the start of May. If you've been eyeing an R1T or R1S, now's the time to pay attention. They've slashed lease payments across the board, making these premium EVs more accessible than ever.
Major Price Cuts on R1T and R1S
- R1T and R1S leases: Now starting at $799/month – that's a $100 drop from the previous $899.
- Most Rivian customers are leasing, and these adjustments range from $50 to $100 off depending on the config.
- Rivian didn't waste any time post-April; they've been dropping deals left and right to keep the momentum going.
This move feels strategic, especially with the R2 on the horizon. We speculated a few days ago that R1 pricing at $899 positioned the R2 around $799, but now with R1s at $799, the R2 could slot in perfectly underneath.
R2 Launch Edition Rumors: $699/Month?
Word on the street (shoutout to Car Sly for the spot-on intel) is the R2 Launch Edition might lease for $699/month on a 3-year/30,000-mile term before upgrades. That makes total sense:
- R1T/R1S: $799/month
- R2: $100 less at $699/month
Not the steal of the century (I'd love $499–$599), but solid for a high-demand compact SUV. Production ramp-up will be key, and Rivian plans to reward loyal owners first – if you have an R1 on order or already own one, you'll jump the queue ahead of newbies like me.
How Does Rivian Stack Up Against the Competition?
Tesla? Crickets on deals so far. Meanwhile:
- BMW iX3 (electric luxury SUV) promotions are popping up.
- Even gas X3s at $599/month, but you can't fully compare apples-to-oranges with EVs.
Rivian's aggressiveness is paying off, especially as inventory builds.
Quick Tesla Tip: Essential Accessories from Jowua
Speaking of Tesla owners – your new ride comes with zero accessories. No phone mount? Chaos during acceleration. No center console organizer? Say goodbye to lost items.
My must-haves:
- Phone mount: Keeps your phone secure.
- Center console organizer: Tames the clutter.
- Jowua's invisible under-screen station mount: Perfect for sunglasses.
Jowua has it all – I use their gear daily! Plus:
- Wireless game controller (fits in glovebox).
- Portable air compressor for road trips.
- Even an electric scooter for supercharger walks.
Use my promo code (link in description on YouTube) for savings + free shipping over $120. Thanks to Jowua for sponsoring!
What Do You Think?
Are you leasing an R1T/R1S at $799? Got an R2 reservation? Or holding out for better R2 deals? Drop your thoughts in the comments – let's discuss!
Stay charged, DennisCW
