If you are interested in purchasing a new truck, you might be curious about the cost of a Rivian truck. Rivian, a relatively new company, is known for producing innovative trucks. Recently, the company announced a significant price increase of $17,500 for its electric pickup truck, which comes as it prepares to launch a new dual-motor truck version in 2024. However, the cost of Rivian’s electric trucks is still less than their gasoline-powered counterparts despite the price increase. The company offers various financing options to make them more affordable.
Rivian Truck Performance
Rivian’s electric trucks are among the most advanced on the market, combining luxury and utility features. With a range of over 400 miles, they are ideal for long-distance trips, and the upcoming dual-motor version will be even more capable off-road. The trucks have luxurious features like heated and cooled seats, a panoramic sunroof, and a massive infotainment system. These electric trucks combine the best of both worlds and will appeal to many customers.
Rivian vs. Tesla
While Rivian’s electric pickup trucks are often compared to Tesla’s Cybertrucks, the R1T is slightly better in performance and price. It can tow up to 11,000 pounds and drive up to 400 miles on a single charge, compared to the 7,500 to 10,000 pounds and 250-300 miles Cybertruck. The Rivian R1T’s top-of-the-line model has a 0-60 time of 3 seconds, compared to 4.5 seconds for the Cybertruck. Thus, Rivian is a slightly better option than Tesla for an electric pickup truck.
Rivian Truck Pricing
The Rivian R1T, an all-electric pickup truck, was scheduled for release in late 2021. The base model starts at $79,500, which is high for pickups. Still, it comes with quad motors, all-wheel drive, and a large battery pack, making it one of the most capable and longest-range electric vehicles. The range-topping trim level with the max battery pack starts at $89,500 and offers a 400+ mile range.
The Cheapest Rivian
The R1T Explorer is the most affordable Rivian truck, with an MSRP of around $67,500. This truck has standard features not offered by other trucks in its class, making it an excellent value for the money. However, there has yet to be any firm information about delivery dates.
Why Is the Rivian Truck So Expensive?
The Rivian truck’s high price tag of $69,000 is attributed to the inflationary pressure on the cost of supplier components and raw materials worldwide. Furthermore, the R1T is equipped with unique features like an industry-leading range of 400+ miles, quad-motor all-wheel drive, a self-parking system, and an infotainment system with Amazon Alexa integration, which is not available in other trucks. These features come at a cost, explaining why the Rivian truck is so expensive.
Rivian trucks are among the most expensive on the market. Still, they offer unique features and capabilities that justify the price tag. The electric pickup trucks are designed with luxury and utility features and have an extended range of up to 400 miles. Rivian’s upcoming dual-motor version promises even more capability off-road. While the trucks are costly, the company provides various financing options to make them more affordable for interested customers.