Streamed from the official YouTube channel sherwinm .
HOW I GOT $18,000 OFF MY NEW RIVIAN R1S (FULL DEAL & NUMBERS BREAKDOWN)
sherwinm
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The reviewer details a complex deal to acquire a new Rivian R1S, successfully negotiating approximately $18,000 in discounts, including EV trade-in credits and the federal tax credit. A key challenge was overcoming over $10,000 in negative equity from his previous Rivian R1T lease, which was ultimately resolved through a combination of referral credits and incentives, bringing his effective trade-in value to zero equity. The R1S is configured as a dual-motor with a large battery pack and the Sound and Vision package, costing $1,021 per month on a 36-month lease with no down payment. The reviewer highlights the practicality of the R1S for family use, offering more seating capacity than his previous vehicles. While he acknowledges the higher monthly payment, he justifies leasing due to the vehicle's intended use as a weekend and road trip car, and the potential for future deals. He also discusses the increase in his Tesla Insurance premium, particularly for the Cybertruck, due to higher mileage projections. The reviewer expresses satisfaction with the deal, emphasizing the value of the incentives and the ability to stay within the Rivian ecosystem.
Vehicle Specs
| Brand | Rivian |
|---|---|
| Model | R1S |
| Body | SUV |
| Drivetrain | AWD |