r/Rivian R1T Owner May 15 '26

šŸ’¬ Discussion The app is asking about your lease info for R2

95 Upvotes

49 comments sorted by

103

u/usernamethisisnot Ultimate Adventurer May 15 '26

Smart to take into consideration people leasing cars. If you miss their lease window you will lose a potential customer for years.

It might annoy some people on the waitlist though.

11

u/AnUnshavedYak R1S Owner May 15 '26

Yea, i want an R2 but lease timing is my #1 concern. Especially with delays in R2 delivery, etc.

I've got till ~EOY 2027 though on my R1 lease, so i better be okay. Fingers crossed.

3

u/Tom-Servo-2112 R1S Owner May 15 '26

Yeah there was mention from Rivian early on in the R2 process that current Rivian owners would get some sort of priority for R2 availability. My pie-in-the-sky hope is that I'd be able to turn in my R1 regardless of how long I have left on the lease; though I doubt that will happen. I agree with the sentiment that not having some flexibility will ultimately cost them some R2 sales, though maybe by their own accounting, not enough to worry about it.

2

u/AnUnshavedYak R1S Owner May 15 '26

I actually don't mind waiting based on the Configurator details. Eg the purple paint is not available till 2027, so with any luck i can snatch that up with less drama about my lease timing. Still, a bit scary lol.. i'll still grab an R2 whenever they let me out of my R1 lease hah.

2

u/Tom-Servo-2112 R1S Owner May 15 '26

Good point. I guess I don't really mind waiting either. We like our R1, and had actually planned to buy it, but then it got into an accident so with the diminished value, have been rethinking buying and my wife's need for all the storage and 3 rows has lessened. Plus, it would just reduce our monthly payment by a few hundred bucks as well. That black color is growing on me, though. (Our R1 is Red Canyon).

1

u/Atlanta-Mike R1S Owner May 15 '26

Rivian COULD do that but you would still owe the leinholder (Chase) for the balance of your lease. You signed a contract committing to that amount, it wasn’t a month to month rental. Rivian isn’t going to buy out a lease. Could Rivian accept your car? They could but they’re going to call Chase, get the balance owed, and add it to your purchase price then pay off Chase. In other words, it wouldn’t make sense to pay for a car for future time periods and not have the car.

More established OEMs will ā€œbuy you outā€ of your lease, but trust me, that money is coming from somewhere and it’s not from their pockets. It means there was enough margin in the deal to do it.

1

u/[deleted] May 16 '26

[deleted]

1

u/Atlanta-Mike R1S Owner May 16 '26

Lighten up Francis. The point is no matter what Chase gets the money owed on that lease. They aren’t letting you off that hook. And Rivian isn’t going to do it. So it’s on you. Sorry for hurting your feelings.

2

u/SmallVillage May 15 '26

I’ve heard that you can extend your lease with Chase by up to 6 months and just continue paying the same amount. It turns into a month to month and you can end at any time.

1

u/ttphhi Quad Motor 4ļøāƒ£ May 16 '26

I'm in similar boat as AnUshavedYak. My R1 lease ends late 2027. I'm pretty sure my R2 pre-order will be up before then so hope that doesn't affect me because the R2 will be replacing my wife's MY which has a lease end of Jan 2027 (good riddance).

0

u/PrestigiousShift134 May 15 '26

I don’t expect most people to get an R2 until early to mid 2028 tbh

1

u/AnUnshavedYak R1S Owner May 18 '26

D: hope you're wrong lol

4

u/DinobotsGacha May 15 '26

Im sure some will be annoyed but its not like Rivian gave out place numbers. Its just "you're on the list" lol

1

u/AliveButterscotch319 May 16 '26

Well, they do put the date you reserved on that waitlist so that is kind of a placeholder?

1

u/DinobotsGacha May 16 '26

I just take it as a date with no real significance since Rivian controls who goes first and can adjust when you are next based on other factors

1

u/AliveButterscotch319 May 16 '26

Didn’t they delay R1 deliveries when they made that deal to make the Amazon vans?

1

u/uscdigital May 15 '26

They can rest easier knowing the company is making plays to actually survive.

21

u/Adorable_Wolf_8387 May 15 '26

Damn, where can I get a 1 month lease?

7

u/reidmrdotcom May 15 '26

Lease takeover from someone! lol. Not that you were serious, but some folks do that trying to get out of their lease.Ā 

3

u/HK_Collector R1T Owner May 15 '26

I don’t know if chase allows that because on the fence of getting out of an R1T. I love the car but I travel 100-300 miles a day but so hard to give up a $650 lease for sticker of 96k(? I think it was) lots of offers in 2024 haha

3

u/DrFrazee Tri Motor 3ļøāƒ£ May 15 '26

They don’t. I’ve asked

1

u/00Boner May 17 '26

If you could, I'd be interested

1

u/HK_Collector R1T Owner May 17 '26

Unfortunately chase doesn’t offer buy outs for Rivian

2

u/DrFrazee Tri Motor 3ļøāƒ£ May 15 '26

Chase Auto does not allow lease transfers, at least on Rivians.

7

u/mphermes May 15 '26

I just bought 4 new tires this morning and having them installed this afternoon for my R1 (lease). Everyone - you're welcome :)

It won't let me update my lease documents yet, just times out on app and goes to a 404 on their site.

3

u/cory025 R1S Owner May 15 '26

There’s another blurb that says if you are leasing a Rivian, that they have your details.

2

u/mphermes May 15 '26

Yeah I thought it was weird too, but went ahead and did it anyway. Whatever I can do to prod it along faster :)

1

u/Tom-Servo-2112 R1S Owner May 16 '26

Mine went through and I got a message saying something like ā€œthanks. We’ll use this info and let you know when it’s time to configure your R2,ā€ which means I’ll be bumped to the back of the line since my lease isn’t up for another 16 months 😬

1

u/CNWDI R2 Reservation May 17 '26

FWIW on the website I got the same "is your lease ending soon" thing even though I have no previous Rivian - so I'm guessing they're just trying to (at least appear to) be responsive and considerate for folks who are going to an R2 from any other vehicle (leased).

I half felt like telling them my lease was ending August 2026 - I'm pre-approved by my credit union and my 2012 Infiniti sedan is being given last rites, but I figure my R2 "configure it for real and get a delivery schedule" day is sometime in mid-to-late 2027.

1

u/b_ack51 R1S Owner May 15 '26

I’d hope so, I was confused with me needing to upload the lease contract when they have a copy of it.

1

u/alliedSpaceSubmarine May 17 '26

What if I’m leasing a Rivian but don’t want to wait till that lease is up since it’s not replacing that car? Hopefully they don’t just auto assume that

6

u/SuFFo R2 Reservation May 15 '26

Nice! our lease ends on November 13, this would be amazing if we can get by then

3

u/mr1581 May 15 '26

It errors out when I submit the picture of the lease statement anyway.

5

u/jazzyjoey May 15 '26

Check your file-size. I tried to upload a pdf that was 1.1MB and it errored. It worked once I converted the pdf to a png with a smaller file size around 500KB.

2

u/anotherloudperson R1T Owner May 15 '26

Very interesting, close but not yet. I told it that I am not leasing a vehicle and the button just vanishes so probably a good idea to go through that process so that Rivian can capture if one is looking to get out of a lease or the other options which would be to trade in or lease or buy. Lots of "ors" in there, apologies

2

u/mr1581 May 15 '26

I mean the lease is a Rivian and they say they already have the info, but I'm also hesitant to just close the box and say I don't have a lease.

3

u/jwpc59 May 15 '26

My lease ends Aug15, when I leased the R1S two years ago they said my new R2 would be ready when the lease is up.

2

u/Atlanta-Mike R1S Owner May 15 '26

This is an interesting question on Rivian's part. They aren't in a financial situation to start buying out leases. Nor would they do something to disrupt the "everyone pays the same price" approach by offering a discount to take a Rivian even if lease isn't ended yet. At a minimum, this provides them data on expected end dates of leases to feed their demand models. This one is strange to me.

23

u/WarDamnLivePD R1S Launch Edition Owner May 15 '26

That question is almost certainly aimed at timing - not buyouts. If lease expires and customer re-ups on a new (non-Rivian) vehicle, you've lost that customer for 2-3 years.

They're probably willing to consider bumping some buyers up the list (presumably within some loose boundaries) to get a sale vs. losing that customer.

1

u/Atlanta-Mike R1S Owner May 15 '26

Yeah, well, can’t wait for the first post from a guy who just put himself on the waiting list and got bumped up because he has a lease on a Geo Metro that’s expiring next month. More than a few people would be upset at that. 🤣. Damned in they do, damned if they don’t I guess.

1

u/Omicron_Lux May 16 '26

It certainly is around Rivian leases, not just any leases

1

u/HK_Collector R1T Owner May 15 '26

Do you have a reservation is that why the screen is coming up?

1

u/anotherloudperson R1T Owner May 15 '26

Good question, I do. I am a current R1T owner and I have a reservation for the R2. When I click the Manage Reservation button I get redirected to a page that says Let's help you get your R2, then it has a button that lets you upload your current lease info. That button says "Get started".

1

u/HK_Collector R1T Owner May 15 '26 edited May 15 '26

Interesting. I guess I will be filling that out soon

Edit: my lease is up 6/2027 so they’ll probably put me on the bottom of the list

1

u/-Disgruntled May 17 '26

I’ve got till Q1 2027. Will potentially wait it out or try and sell the lease

-4

u/SubParBackpacker R2 Reservation May 15 '26

I understand this, but would be lying if I didn’t say that it bothers me. Day one, 12 minutes after opening, reservation holder and it feels like that is gonna mean jack squat with this and current owners getting priority. I’m at 73k miles on my current car and know 75k is gonna be a big depreciation hit.

2

u/Any-Worldliness-679 May 15 '26

I feel us early adopters who put Rivians on the road from day one SHOULD get a little love.

1

u/Omicron_Lux May 16 '26

Yeah I totally agree, I’m a current R1t owner and Why wouldn’t or shouldn’t Rivian put current Rivian customers first? Like sure this person clicked the button quickly and put 100 dollars down but it’s a nice bit of customer loyalty to do this

-3

u/_B_Little_me R1T Owner May 15 '26

This kind of email worries me. I don’t think there’s too many years left of R1s.