The Rivian model affords some very interesting merchandise when you’re available in the market for a versatile and capable EV, however it’s a comparatively costly product. The advantage of proudly owning an EV is that you simply get to take pleasure in decrease working prices, however there are another charges that you could be have to consider. The younger EV producer has had a robust begin within the new automobile market, with extra accessible mannequin strains set to be launched within the coming years. For the time being, you continue to solely have entry to the R1S SUV and R1T truck, each of which characteristic the identical drivetrain and battery configurations.

Rivian designs its merchandise so that you can use in multiple instances, together with metropolis driving, off-road adventuring. Their large battery packs can have you driving for tons of of miles earlier than you may have to plug them into your private or a public charger. If you are fascinated about diving into Rivian possession, this characteristic covers all the prices it’s possible you’ll want to pay attention to, together with non-obligatory extras, battery charging, insurance coverage, and routine upkeep.

How Much The Rivian R1T And R1S Cost

Rivian sells all R1S and R1T models in Adventure specification, which features a host of consolation and comfort options. This consists of seat and steering wheel heating, vegan leather-based upholstery with sustainable wooden trimmings, and a 15.6-inch infotainment heart touchscreen with a complementary digital show.

The Rivian R1T range starts at $69,900 for the bottom dual-motor normal battery configuration. The R1S prices $74,900 in the identical configuration. For each derivatives, you may pay an additional $5,000 for the Performance and $8,000 for the Quad-Motor. The Standard+ battery prices $3,100, whereas the Large battery provides $9,100 to the whole price. The Max battery can have you rising your finances by a complete $19,100, however this will increase the vary to round 410 miles.

You must fork out an additional $1,800 for each fashions for the model’s vacation spot payment, however these vehicles are eligible for the $7,500 EV incentive tax rebate. This is topic to alter, relying in your state. Rivian affords 24 to 36-month lease packages, beginning at $559 a month with a $6,000 down cost with a ten,000-mile cap.

Optional Extras

The Rivian SUV and truck are fairly well-appointed cars, however there are a few belongings you’ll must spend a bit additional to get entry to. LA Silver is the one normal coloration. You must pay $1,750 if you would like your EV painted in Glacier White, Limestone, or Forest Green. The Red Canyon, Midnight, Rivian Blue, and El Cap Granite shades price $2,500. 21-inch wheels with highway tires are normal. The 22-inch Sport Bright wheels price $2,500, and the Sport Darks $3,500. If you spend $3,850, you get entry to the All-Terrain improve, which incorporates 20-inch wheels with all-terrain tires, however you possibly can specify 20-inch All-Terrain Dark wheels.

Black Mountain is the standard interior theme, which consists of black vegan leather-based seats with patterned stitching, Compass Yellow particulars, and vegan leather-based accents. Dark Ash Wood trimmings are normal, however the white Ocean Coast theme with Dark or Warm Ash Wood trimmings provides one other $2,000 to the worth. Exterior choices for the R1T embrace a guide tonneau cowl for $1,800 and entrance paint safety for a similar value. For hardcore off-roaders, you possibly can specify a pair of Maxtrax restoration boards for $550 and an off-road restoration equipment for $625. All-weather flooring mats price $200 and a subject equipment $150. Cargo crossbars are $625 for the pair.

How Much It Costs To Charge The Rivian R1T And R1S

The common price of electrical energy within the U.S. is 23 cents per kWh. Regions like Washington profit from charges as little as 12 cents per kWh, whereas San Diego and Seattle cost simply over 42 cents per kWh. You can anticipate to pay $12.60 to $44.10 to recharge a standard R1T or R1S and $16.20 to $56.70 to recharge the Extended Range mannequin by way of your family plug.

The Max 180 kWh charging charges ought to vary between $21.60 and $75.60, relying in your location. You can cut back these charges when you recharge between 11 PM and 6 AM, that are low-demand hours in America. Electrify America’s common fast charging service costs 48 cents per kWh. Again, pricing varies relying in your location and the time of day. Electrify America’s Pass+ prices $4 a month, however reduces these charges by 24 p.c. EVgo and Flo have comparable charging charges and subscriptions. Using this pricing metric, we will deduce that fast charging for each battery pack will price $50.40, $64.80, and $86.40.

Rivian R1T And R1S Charging Costs

The normal battery possibility is simply obtainable for the bottom Dual-Motor Option, and boasts an EPA-estimated range of 270 miles when geared up with the 21-inch wheels. Range estimates for the 22-inch wheel possibility are presently unavailable. This battery pack takes 90 hours to charge via a Level One family plug, and 16 hours when utilizing a Level Two circuit working at 48 amps.

DC fast charging recovers 10 to 80 p.c of capability in 40 minutes. The Extended 135 kWh pack covers an estimated 274 to 350 miles, relying on whether or not you’ve got chosen the dual-motor, efficiency, or quad-motor variation. This pack takes 117 hours to cost by way of a Level One plug, 21 hours when utilizing a Level Two system, and 45 minutes to get well 10 to 80 p.c by way of Level Three quick charging.

The Max battery pack is simply obtainable with the dual-motor and Performance configuration, producing vary estimates various between 355 miles and 410 miles. You can anticipate to attend 137 hours for this battery to cost by means of a Level One level, 24 hours when utilizing a Level Two system, and 55 minutes when quick charging.

How Much It Costs To Insure The Rivian R1S And R1T

Unfortunately, the Rivian R1S and R1T are costly vehicles to insure. Geico’s average insurance rate for the R1S is currently $2,371 per 30 days, whereas Progressive Insurance’s common fee sits as excessive as $2,874. Insurance firms base these charges on a number of elements, together with your age, the car’s worth, your possession and danger historical past, and extra. Rivian affords an in-house insurance coverage plan that covers a bunch of incidents that may happen when off-roading and adventuring. The model makes use of know-how and information to tell your coverage, with protection particularly designed for electrical vehicles.

Rivian Insurance integrates with its linked car platform and a suite of safety features to create a tailor-made and data-driven protection plan. The model says it’s the most suitable choice for its merchandise, as a result of it is aware of its car, know-how, and restore prices higher than different insurance coverage companies. The insurance coverage division works intently with the service and elements division to generate decrease premiums with better-quality repairs. Again, that is primarily based in your private profile, so we do not know the way a lot this is able to sometimes price.

The Rivian R2 Costs $45,000

Rivian is about to introduce the spectacular R2 SUV in 2026. The R3 and R3X are due to follow it shortly after. We already know that this new mannequin’s pricing will begin at a really spectacular $45,000. This goes to be a vital product for the model, contemplating how its present monetary woes are nonetheless ongoing. Unfortunately, the model would not expose any trims, specs, or choices, so we aren’t conscious of any further prices. It’ll seemingly characteristic smaller battery choices, so the ultimate value of a fully-loaded instance is destined to be considerably lower than even a base R1S.

• The R2 is a midsize SUV, comparable in measurement to compact crossovers just like the BMW X3 and the Hyundai Tucson. It includes a distinct Rivian design, with a powered rear glass that totally drops into the tailgate.
• The inside follows the design theme set by the bigger Rivian fashions and includes a 15.6-inch heart infotainment show. It can accommodate as much as 5 riders with a generously sized rear cargo space and a frunk for additional storage.
• The R2 will likely be obtainable in single, twin, and tri-motor powertrain configurations. The top-spec triple-motor association has two motors on the rear axle and one on the entrance.
• The R2 will characteristic two completely different battery sizes, the most important of which is alleged to offer a spread of over 300 miles when mixed with the single-motor powertrain.
• Rivian estimates that the R2 with the tri-motor association will have the ability to hit 60 mph in beneath 3.0 seconds.
• The value of the 2026 Rivian R2 is anticipated to begin round $45,000. Deliveries are anticipated to start within the first half of 2026.

The R3 is a way more anticipated product that may immediately take the combat to the Tesla Model Y, which has to date confirmed to be a extremely profitable mid-size electrical crossover product. We haven’t any clue how a lot this product will price, however consultants consider it could possibly be as little as $35,000.

Rivian R1T And R1S Depreciation Rates And Reliability

Being EVs, the Rivian R1 vary is topic to some catastrophic depreciation charges. If you need to curb depreciation as a lot as doable, consultants counsel contemplating the R1T, because it presently decreases in value by 52.8 percent in five years. The R1S loses 76.7 p.c over the identical interval. By EV standards, these are pretty good rates, however ICE SUVs and vehicles maintain their worth much better. Bear in thoughts that these are simply estimated charges primarily based on empirical information and could also be topic to alter. We’ve seen many circumstances of used EVs promoting for greater quantities because of exclusivity and a scarcity of provide. However, now that manufacturing has elevated, Rivian’s vehicles are a lot simpler to come back by.

The Rivian R1S and R1T fashions are pretty new, so we do not have loads of information to research the vary’s reliability. J.D. Power hasn’t ranked both vehicles, however the NHTSA has listed a fair number of recalls. The 2022 launch mannequin was topic to seven remembers relating to varied consolation and security capabilities. Rivian resolved a few of these issues by way of an over-the-air replace. Last yr’s mannequin was topic to a few remembers, whereas the present mannequin yr would not have any remembers or complaints hooked up to it.