Friday, July 26, 2024

Rivian Offers EV Lease Deals Starting at $559 for R1T and R1S Models

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For those eyeing a Rivian electric vehicle, now might be the ideal time to make a move. Rivian is rolling out appealing lease offers on its R1T pickup truck and R1S SUV, starting as low as $559 per month.

Rivian doesn’t just produce electric vehicles; its “Electric Adventure Vehicles” are crafted to traverse off-the-beaten-path terrain with style and comfort.

Credit: Rivian

The R1T, Rivian’s all-electric truck, is engineered to conquer challenging terrain, boasting the ability to wade through over 3 feet of water, tackle a 100% grade on rocky terrain, and tow up to 11,000 lbs. It also offers sports car-like performance, capable of sprinting from 0 to 60 mph in as little as 3 seconds.

On the other hand, Rivian’s R1S electric 7-seater SUV was the seventh best-selling EV in the US last year, surpassing the Ford F-150 Lightning and Tesla Model X.

Credit: Rivian

Featuring up to 400 miles of estimated range and 104 cu ft of storage, the electric SUV can accommodate gear, car seats, camping equipment, or an entire family for an adventure.

Rivian introduced leasing options for the R1T last November and expanded the program to include the R1S in January.

The new EV lease deals start at $559 per month, including the $7,500 EV lease credit at the time of lease signing.

Credit: Rivian

A search of Rivian’s inventory reveals several 2024 R1T models available for under $600 per month. The Dual-Motor AWD R1T (Standard Battery Pack) with 270 miles of range starts at $69,900, or $559 per month on a lease.

The 2024 R1S is listed for as low as $76,650, or $663 per month on a lease. This deal applies to the Dual-Motor AWD (Standard Battery Pack) with 270 miles of range.

Additionally, Rivian’s website indicates that customers can receive up to $70 off monthly payments on 2023 models.

Credit: Rivian

As of January, Rivian offered leasing in 15 states. The company announced this week that it has expanded its leasing program to include several new states, bringing the total to 24, including Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Jersey, New York, Nevada, North Carolina, North Dakota, Ohio, Pennsylvania, South Dakota, Texas, Vermont, and Washington.

Rivian plans to further expand its leasing program to additional states in the future. Deliveries are expected within 1 to 4 weeks following an order.

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