Rivian launches 2.99% APR financing on R1S

Rivian has launched a new 2.99% annual percentage rate (APR) on the 2025 R1S electric SUV. Customers can benefit from this offer and finance a new R1S but it’s only available for a limited time.

The electric vehicle company has approved this new financing for 2nd generation R1S Dual Max and Performance Dual Max variants.

The 2.99% APR could be claimed for 48 and 60 months. The rate climbs to 3.49% for 72 months and 4.99% for 84 months. APR will increase with lower credit scores. This offer is brought to you by Rivian Financing Services and is subject to credit approval and vehicle availability.

Rivian R1S 2,99% APR Financing (Source – Rivian)

Each applicant may not get a slot in this offer and the finance rate may vary based on past credit performance, financing term, and financed amount.

For example, on a new 2025 R1S Adventure Dual Max in LA Silver priced at $91,700 (including a $1,800 destination charge) with an Amount Financed of $90,700, very well-qualified buyers will get a 2.99% APR for 60 months.

That includes monthly payments of $17.96 per month for every $1,000 financed. It requires a $1,000 deposit and no other down payment.

Celebrate summer adventures with limited time 2.99% financing for 60 months on the new Dual Max R1S. Start exploring: https://t.co/Jrr6GlF7Zr pic.twitter.com/zYi8z4qmi6

— Rivian (@Rivian) August 5, 2024

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However, this price excludes taxes and fees. Also, customers must take delivery on or before September 30, 2024, and can not be combined with other offers.

(source – Rivian)