Rivian has cut incentives for August, with $3,000 off new R1 models and Rivian R1 0.99% APR financing on tri-motor versions.
Rivian R1 Financing Rates Breakdown
The latest Rivian R1 incentives August update shows tri-motor R1s at 0.99% APR while dual-motor versions sit at 3.99%. That tri-motor rate stands out as one of the strongest offers in the segment right now. You can also add the Force Edge package for $7,000.
These Rivian R1 financing rates make the R1 more competitive, especially when paired with Rivian inventory discounts on existing stock.
What This Means for Tesla Owners
If you already own a Tesla and want to switch, selling your current vehicle can help offset the cost. Plug Motors — get an instant offer to sell your Tesla or EV often beats other buyers by thousands. Many sellers report getting $3,000–$6,000 more than dealer offers, with nationwide service and quotes in minutes.
For those keeping their Tesla while adding a Rivian, the right accessories matter. Jowua Tesla accessories — phone mounts, center consoles, and more offers practical upgrades like phone mounts, center console organizers, and underscreen mounts that actually get used daily.
Rivian Referral Program and Inventory Options
The Rivian referral program can stack extra savings on top of the current incentives. Check inventory listings too, since Rivian inventory discounts sometimes exceed the standard $3,000 off.
For the full breakdown on these rates, see my latest update here: https://denniscw.com/blog/rivian-r1-0.99-financing-0.99-apr-update.
Bottom Line
August Rivian R1 incentives August give buyers real options with low Rivian R1 financing rates and solid discounts. Tesla owners looking to move should compare offers quickly before rates change again.
