What’s the catch?
this post was submitted on 01 Nov 2024
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[Dormant] Electric Vehicles
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"Rivian is bringing back its “All-Electric upgrade offer” from now until November 30th, but with some changes to the program.
Earlier this year, Rivian offered $1k-$5k off a new Rivian if you trade in an old gas car, from April to June. The offer was available for specific vehicles, and with a sliding discount scale based on which Rivian vehicle you order.
Now the program has come back, but with quite a few changes from the previous version.
As of today, October 31, if you buy a new Rivian R1T or R1S new inventory vehicle from the R1 Shop, you can get a $3,000 discount if you also prove that you own or lease a qualifying gas-powered vehicle.
This is simultaneously simpler, more lenient, and more restrictive than the previous offer, in various ways.
First, the discount is a flat $3k (or $4,100 CAD), rather than having a scale based on what model you order, which is more streamlined.
Second, the discount applies to every gas or hybrid vehicle owner – you don’t have to trade in your vehicle, and you’re not limited to a specific list of vehicles. Just prove that you own or lease a gas car (copy of registration, proof of insurance, etc), and you get the discount.
However, third, it’s more restrictive as to what vehicles you can purchase. The current offer applies only to Rivian new inventory vehicles in the R1 Shop, and excludes demo vehicles, pre-owned vehicles, or custom build vehicles. It also does not apply to Rivian’s base Dual Standard models, but everything else is fair game.
In order to qualify, you need to place your order between today and November 30, and you must take delivery of the vehicle before December 31."
So, it’s pretty much only for people who wouldn’t notice/mind the extra $3k?
I think most people won’t mind getting a discount regardless of whether they need it or not. And there are always plenty of people trying to stretch at the maximum range of their budget for various reasons; someone who can afford something at $80k perhaps really can’t go to $90k. Even if some people’s budgets are beyond our wildest dreams, there are very few people on earth for whom there are no purchases that come with budgetary restraints.
This article acts like it’s a big deal that the discount only applies to new vehicles in inventory when that’s a pretty standard move from most carmakers, especially at the end of the year.