Rivian offers discounts off new R1s when you trade in a gas vehicle

In honor of Earth Day, Rivian has launched a brand new “Electrical Improve” supply, the place new prospects can benefit from various reductions on an R1S or R1T EV for buying and selling in sure combustion fashions. There are different phrases to qualify; study extra beneath.

Reap the benefits of massive Rivian reductions, now by way of June

In accordance with Rivian, it has introduced a new demand lever today that gives reductions to new qualifying purchasers/lessees who take supply of a brand new R1 EV earlier than June 30, 2024. Along with gaining a reduction on an R1 buy or lease, as outlined beneath, prospects can even qualify for one 12 months of complementary charging on the Rivian Journey Community (RAN).

Right here’s how the reductions break down for R1 prospects within the US and Canada:

• R1T Customary, Customary+ Pack – $3,000 / $4,500 CAD 
• R1T Massive Pack – $4,000 / $6,000 CAD 
• R1T Max Pack – $5,000 / $7,500 CAD 
• R1S Massive Pack – $1,000 / $1,500 CAD 

Further phrases per Rivian:

Any Rivian automobile mannequin and pack mixture not listed above is ineligible for this supply.  Eligible Rivian automobile configurations have to be chosen and bought or leased by way of Rivian’s on-line Store.  $1,000 non-refundable deposit is required to order your configuration by way of Store.  Low cost will probably be utilized as a part of your Rivian R1 automobile transaction

Rivian factors out that to ensure that R1 purchasers/lessees to qualify for the reductions above, they need to commerce in a combustion automobile, however not simply any gasoline automobile. It needs to be one of many following

• Audi:
  • Q5, Q7, Q8 – 2018 or newer
• BMW:
  • X3, X5, X7 – 2018 or newer
• Ford:
  • F-150, Explorer, Expedition, Bronco (excluding Bronco Sport) – 2018 or newer
• Jeep:
  • Grand Cherokee, Wrangler, Gladiator – 2018 or newer
• Toyota:
  • Tacoma, Tundra, Highlander, 4Runner – 2018 or newer

It is a savvy transfer by Rivian as it’s not solely getting combustion automobiles off roads and changing them with R1 EVs, but additionally taking in gasoline variations of a few of its rivals. The supply is proscribed to at least one Rivian low cost and one 12 months of complimentary charging per eligible combustion automobile trade-in.

Qualifying purchasers/lessees should take their R1 supply between April 22, 2024 and June 30, 2024. Learn more here.